https://www.bleepingcomputer.com/news/security/ftc-americans-lost-770-million-from-social-media-fraud-surge/

Americans are increasingly targeted by scammers on social media, according to tens of thousands of reports received by the US Federal Trade Commission (FTC) in 2021.

As revealed by the FTC, over 95,000 US consumers reported losses of roughly $770 million after getting scammed on social media platforms.