💨 Abstract
Over the past five years, British social media users have reported losses of £214 million in financial scams. Facebook has become the worst platform for such scams, with 1,411 reports in 2024 and losses of £28 million. LinkedIn users experienced the highest losses per scam, with over £40,000 lost per report.
Courtesy: metro.co.uk
Summarized by Einstein Beta 🤖
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