A scam crackdown on West Africa scam centers by Meta, tech firms and police removed 3.7M accounts, led to 28 arrests and freed 117 victims.

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The post Meta, Tech Firms and Police Hit West Africa Scam Centers in Joint Operation That Led to 28 Arrests appeared first on Daily CyberSecurity.

An FTC report says that Americans last year lost $2.1 billion in social media scams, such as shopping and investment schemes. Social media site have become the place where most of these scams start, and more than half of that money was stolen in scams began on Facebook, WhatsApp, and Instagram.

The post U.S. Consumers Lost $2.1 Billion in Social Media Scams in 2025, FTC Says appeared first on Security Boulevard.