JOHNSTON, R.I. (WPRI) — Fraudsters have scammed social media users out of $2.7 billion since 2021, according to a new report from the Federal Trade Commission (FTC). The staggering losses stem from ...

Cryptocurrency scammers have stolen over $1 billion from 46,000 people since the start of 2021, a new Federal Trade Commission report says. The FTC rang the alarm bells on Friday, saying ...

According to the Lincoln Police Department, Lincolnites have lost more than $11 million to scammers since 2021 — including a woman who lost more than $250,000 alone earlier this year.Now Lincoln Mayor ...

Fake IRS direct deposit stimulus check scams are spreading online, tricking Americans with false payment promises, officials ...

Social media scammers made off with a crazy amount of cash in 2021. According to a Jan. 25 report put out by the Federal Trade Commission (FTC), over 95,000 people reported $770 million had been lost ...

(NewsNation) — Americans have lost around $2.7 billion from scams originating on social media, a new report from the Federal Trade Commission shows. That’s more than any other contact method — phone ...

Rachel Witkowski is an award-winning journalist whose 20-year career spans a wide range of topics in finance, government regulation and congressional reporting. Ms. Witkowski has spent the last decade ...

Romance scams have surged during the pandemic, cheating online daters out of millions of dollars in the quest for love. In 2021, consumers reported they lost a record $547 million to romance scams, ...

A new report found that romance scams targeting older Americans have increased significantly during the COVID-19 pandemic, with adults aged 60 and higher losing about $139 million in 2020 -- the ...

Scammers have long used various tactics to lure unsuspecting victims and steal their money. However, a new report from the Federal Trade Commission (FTC) has highlighted the true scale of these social ...