Social media is full of scammers promising guaranteed returns on investment, and consumers lost $3.8 billion to them last year just in the U.S., the FTC said.
NEW YORK - Social media is full of scammers promising guaranteed returns on investment, and consumers lost billions of dollars to them last year.
Troy Gochenour, 50, of Columbus, Ohio, was conned out of $25,800, including $15,800 in borrowed …
Social media is full of scammers promising guaranteed returns on investment, and consumers lost $3.8 billion to them last year just in the U.S., according to the Federal Trade Commission. That s twice as much as in 2021.