Online scams cost Americans almost $150B last year – 7x more than reported
https://9to5mac.com/2026/07/29/online-scams-cost-americans-almost-150b-last-year-7x-more-than-reported/Open linkView original on lemmy.todaySyndicated from the fediverse. Read and engage on the original instance.
View original on lemmy.todayhttps://9to5mac.com/2026/07/29/online-scams-cost-americans-almost-150b-last-year-7x-more-than-reported/Open linkView original on lemmy.today
15 replies
Way to go Meta
Meta makes billions with it, so why would they block them?
Even worse, if a block request comes they go the scammer and ask for more money to leave it up.
And MAGA for neutering the FTC which was fighting against crypto scams.
The current administration has pretty much normalized that one.
Yep, crypto scams are legal. The president is on it too.
I'm a bit surprised YouTube isn't higher. I guess meta products are just spectacularly scummy.
What percentage of that figure is the president’s doing? He definitely cleaned out a few idiots.
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.
It's 2026. Have people still not learned that everything on the internet is a scam?
They still haven't learned memes aren't news.
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.
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.
Imagine if they put their money into taking care of themselves with healthcare instead.
and if we exclude obvious scams?