Fraud Cartels Monopolize Big Tech. New Legislation May Stop That.
Americans lost billions of dollars to online scams originating on social media last year—more than on any other platform, according to new data from the Federal Trade Commission.…
Written byFelix MillerSource: The Daily Signal
Americans lost billions of dollars to online scams originating on social media last year—more than on any other platform, according to new data from the Federal Trade Commission. Many of these schemes begin with advertisements purchased by fraudsters, including international fraud cartels, who use social media platforms to lure victims into fake investment opportunities, romance scams, and...