Online Scams Cost Americans $119B, Meta Platforms Top Starting Points
Annapolis News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Online scams cost Americans a staggering $119 billion annually, with Maryland residents losing $1.7 billion. Investment scams lead the pack, followed by business email compromises and tech support fraud. Meta platforms, including Facebook and Instagram, are the top starting points for these scams. Losses are heaviest in ten states, with calls for tougher platform rules and stronger consumer safeguards to protect everyone online.
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