When the government’s $5 million mistake leads to a COVID scam and a House member’s indictment

The case brings back the days in which the federal government was shoveling billions out the door in the name of COVID relief ...
AOL

The biggest cryptocurrency scams of 2021

2021 was a huge year for the mainstreaming of cryptocurrency. Popular cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin had a banner year that kicked off following the memestock craze that took ...
WKRG

Social media scams led to $770 million in losses in 2021

CHICAGO (NewsNation Now) — Social media scammers are finding creative ways to trick consumers when they least expect it. Scams that often start with a post, an ad or a direct message on platforms such ...
Complex

FTC Estimates People in the U.S. Lost $770 Million to Social Media Scams in 2021

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 ...
WIVB-TV

Americans have lost $2.7 billion to social media scams since 2021, report finds

(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 ...
Forbes

Love Hurts, Money Talks: $2.7 Billion Lost To Romance, Investment Scams On Social Media

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 ...