posted in Technology
Online scams cost Americans almost $150B last year – 7x more than reported
9to5mac.com/2026/07/29/online-scams-cost-americans-almost-150b-last-year-7x-more-than-reported/
9to5MacOnline scams cost Americans almost $150B last year – 7x more than reportedThe Consumer Federation of America (CFA) estimates that online scams cost Americans almost $150 billion last year – seven times...
Replying to @sanitation@lemmy.today
Way to go Meta
The top three platforms used by scammers all belong to Meta: Facebook at 57%, Instagram at 22%, and WhatsApp at 8%
Replying to @Illogicalbit@lemmy.world
Meta makes billions with it, so why would they block them?
Replying to @Magister@lemmy.world
Even worse, if a block request comes they go the scammer and ask for more money to leave it up.
Replying to @Illogicalbit@lemmy.world
And MAGA for neutering the FTC which was fighting against crypto scams.
Replying to @ours@lemmy.world
The current administration has pretty much normalized that one.
Replying to @Illogicalbit@lemmy.world
Yep, crypto scams are legal. The president is on it too.
Replying to @Illogicalbit@lemmy.world
I’m a bit surprised YouTube isn’t higher. I guess meta products are just spectacularly scummy.