Social media influencer admits to $1 million U.S. pandemic loan fraud

A social media influencer and self-proclaimed con artist pleaded guilty on Monday to fraudulently obtaining more than $1 million in COVID-19 pandemic-related loans from the U.S. government that ... Read More

Social media and dating apps have a serious identity problem

It’s time for social media and dating apps to face the music and curb fraud, deception and disinformation on their platforms once and for all. Read More

Social media giants must help us clamp down on soaring fraud, says bank boss - The Independent

Social media giants must help us clamp down on soaring fraud, says bank boss. Exclusive: ‘It is time for tech firms to step up to protect people using their sites,’ warns head of major bank ... Read More

Payday loan ads on social media leave youth susceptible to heavy debt | Wallet Warning - Yahoo

Not all social media ads are truthful. Payday lenders seen on TikTok may promise you instant cash. Remember from previous Wallet Warnings if it sounds too good to be true, it probably is. Read More

Americans reported $2.7 billion in losses from scams on social media, FTC says - CBS News

Online fraudsters have taken billions of dollars from Americans in recent years and they are using social media to do it. Since 2021, Americans lost $2.7 billion in scams from social media, the ... Read More

Fraudulent loan schemes: SECP continues monitoring of social media platforms - Business & Finance - Business Recorder

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) continues vigilant monitoring of social media ... Read More