💨 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 🤖

Powered by MessengerX.io