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sanitation@lemmy.today to Technology@lemmy.worldEnglish · 2 days ago

Online scams cost Americans almost $150B last year – 7x more than reported

9to5mac.com

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Online scams cost Americans almost $150B last year – 7x more than reported

9to5mac.com

sanitation@lemmy.today to Technology@lemmy.worldEnglish · 2 days ago
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The Consumer Federation of America (CFA) estimates that online scams cost Americans almost $150 billion last year – seven times...
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  • jumping redditor [they/them]@sh.itjust.works
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    5 hours ago

    and if we exclude obvious scams?

  • Dotdashdot@feddit.uk
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    1 day ago

    What percentage of that figure is the president’s doing? He definitely cleaned out a few idiots.

    • Regrettable_incident@lemmy.world
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      1 day ago

      While it’s sad to see America burying itself under a dung heap, at least we got a chuckle at the credulous idiots who lost everything on the trump coin rugpull.

  • Illogicalbit@lemmy.world
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    2 days ago

    Way to go Meta

    The top three platforms used by scammers all belong to Meta: Facebook at 57%, Instagram at 22%, and WhatsApp at 8%

    • Magister@lemmy.world
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      2 days ago

      Meta makes billions with it, so why would they block them?

      • 🌸𝓯𝓵𝓸𝔀𝓮𝓻🌸@sh.itjust.works
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        2 days ago

        Even worse, if a block request comes they go the scammer and ask for more money to leave it up.

    • ours@lemmy.world
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      2 days ago

      And MAGA for neutering the FTC which was fighting against crypto scams.

      • Illogicalbit@lemmy.world
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        1 day ago

        The current administration has pretty much normalized that one.

        • ours@lemmy.world
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          15 hours ago

          Yep, crypto scams are legal. The president is on it too.

    • Regrettable_incident@lemmy.world
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      1 day ago

      I’m a bit surprised YouTube isn’t higher. I guess meta products are just spectacularly scummy.

  • ∟⊔⊤∦∣≶@lemmy.nz
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    2 days ago

    It’s 2026. Have people still not learned that everything on the internet is a scam?

    • steelplatedmech@piefed.ca
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      1 day ago

      People who are still using meta products might lean towards the demographic that isn’t as educated on it. And the top 3 scam platforms according to the article are meta ones. Which either leans older or younger these days with them appearing to have the same level of tech literacy.

    • fyzzlefry@retrolemmy.com
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      2 days ago

      They still haven’t learned memes aren’t news.

    • nforminvasion@lemmy.world
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      1 day ago

      GenZ is actually even more likely to get scammed than boomers. So no, not only have they not learned, they’ve actively gotten worse.

      https://tech.co/news/gen-z-online-scams-boomers

      The study does acknowledge some correlationary aspects as opposed to direct reasons, such as increased online presence, but still… It’s real bad mama, it’s real real bad with these youths.

  • ChicoSuave@lemmy.world
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    2 days ago

    Imagine if they put their money into taking care of themselves with healthcare instead.

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