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  1. Sep 8, 2023 · Online purchase scams are the riskiest scam encountered by North American consumers, and social media is a prime location for scammers to reach the public. Be wary of too-good-to-be-true deals ...

    • Limit who can see your posts and information on social media. All platforms collect information about you from your activities on social media, but visit your privacy settings to set some restrictions.
    • Check if you can opt out of targeted advertising. Some platforms let you do that.
    • If you get a message from a friend about an opportunity or an urgent need for money, call them. Their account may have been hacked – especially if they ask you to pay by cryptocurrency, gift card, or wire transfer.
    • If someone appears on your social media and rushes you to start a friendship or romance, slow down. Read about romance scams. And never send money to someone you haven’t met in person.
    • Do You Know How to Spot A Social Media Scammer?
    • What Are Social Media Scams? How Do People Get Scammed on Social Media?
    • Here’s How to Quickly Identify A Scammer on Social Media
    • The 10 Latest Social Media Scams in 2023
    • Did You Fall For A Social Media Scam? Do This
    • How to Stay Safe and Avoid Social Media Scams

    After Georgina’s husband passed away, she turned to Facebook to feel more connected to her family. Soon after joining, she received a friend request from a man named “Jim” — an attractive stranger who was serving in the military overseas [*]. The two hit it off, quickly building an online relationship. Jim had dreams of one day opening a gemstone b...

    Social media scams are a type of fraudthat is committed on social networking sites. Scammers often create fake profiles, befriend innocent people, and send spam messages or links that lead to malicious websites. But that’s only several of the ways that scammers can use social media to target you. Other tactics include: 1. Sending you malicious link...

    Their messages include a lot of grammar and spelling errors.Many scammers aren’t native English speakers and may use poor spelling, strange and unnatural language, or awkward formatting. Be especia...
    It’s a brand new social media profile with little content or few friends. The average Facebook user has around 200–250 friends [*]. Regardless of the platform, if an account has fewer followers tha...
    The profile belongs to someone with whom you thought you were already friends.Scammers create “cloned” profiles to impersonate your friends and contacts.
    You receive a random message with a link in it. Never click on links or engage with unsolicited direct messages (DMs). This is how scammers trick you into going tofake websitesor downloading malwar...

    With 25% of all fraud victims getting scammed on social media, there’s a good chance that you could become a victim. Here’s what to do if you’ve been scammed on social media. 1. Request a password reset email from the social media service. Each site and app has a different process for recovering a hacked account. For example, here’s how to recover ...

    With billions of people using social media, it’s impossible to completely avoid scammers. But if you’re vigilant and do your due diligence, you can stay safe andsocial at the same time. Whenever you’re using social media, make sure to follow these best practices: 1. Never click on pop-up messages or links from unsolicited, private messages. 2. Don’...

    • Yaniv Masjedi
  2. Jul 24, 2024 · Scammers use social media platforms to trick users into handing over private information. According to a report done by Bolster, there has been a 94% increase in scam activity from 2020 to 2023. Knowing the different types of social media scams can help individuals and organizations stay safe from harmful malware, data breaches, privacy violations and loss of revenue.

  3. Oct 6, 2023 · While online shopping scams have the highest number of reports, the largest share of dollar losses are to scams that use social media to promote fake investment opportunities. In the first six months of 2023, more than half the money reported lost to fraud on social media went to investment scammers.

  4. Oct 6, 2023 · Scammers are using social media to go after your money and personal information. And it’s working: since 2021, people have reported losing $2.7 billion to scams that started on social media — way more than with any other contact method. Scammers like social media because they can pretend to be someone they’re not.

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  6. Sep 9, 2019 · Romance scams rank as one of the top social media scams of all time. The FTC reported that in 2018 people lost $143 million -- more than any other consumer fraud type. Don’t Fall For The Bait ...

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