As of today, more than half of the world’s population uses social media platforms and is now the largest country. Fraudsters are also roaming on social media. The bill for fraud is very high.
social media scam
Social media scams usually happen in several ways. The most well-known are fake advertisements given to advertisements on social media, dialog requests sent to users’ private message boxes or promotions made from pages.
In its research, the US Trade Commission stated that the number of people defrauded on social media last year was 95,000, and a total of $ 770 million was lost. In 2020, this figure was 258 million.
It is a fact that the use of social media has increased, especially with the pandemic. It is stated that fraud attempts have exploded in the last 5 years. Those who are deceived by their friendship and those who buy fake or non-fake products are in the majority. Investments in fake crypto money projects reached $258 million.
Complaints were generally made about Facebook and Instagram. The Commission recommends users opt out of these targeted ads as soon as possible. He also asks them to check their privacy settings and not be fooled by messages asking for money.
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