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FTC Said the Public Lost $1.3 Billion to Romance Scams Across Five Years, Then Social Media Became the Costliest Door
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FTC Said the Public Lost $1.3 Billion to Romance Scams Across Five Years, Then Social Media Became the Costliest Door

The FTC said romance scams cost $547 million in 2021 and $1.3 billion over five years. By 2025, scams that started on social media reached $2.1 billion, and the FBI…
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