U.S. fraud that resulted in financial damage in 2023, by method
In 2023, 68 percent of all fraud cases performed via social media reported by consumers in the United States to the Federal Trade Commission (FTC) resulted in financial losses for the victims. Online frauds via online ads or pop-ups resulted in monetary losses in 63 percent of the cases, while 60 percent of all frauds conducted via websites and apps led to monetary losses.