Social Media Scams Are Costing You Big | Anchorage News

Social media’s turning into scam central—scammers are flooding feeds with fake deals, AI-generated storefronts, and deceptive DMs, raking in $2.1 billion nationwide in 2025. Facebook leads the pack, but Instagram and TikTok are close behind. Over 87% of people who chat with scammers end up losing cash. Always verify sellers on bbb.org, watch for grammar slips, and never move conversations off-platform—especially to WhatsApp. For big buys? Use a credit card—it’s your best shield against fraud.

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