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  • The Independent

    Social media users report losing £75m to financial scams in one year

    by Margaret Davis Jan 11, 2024 2 minutes
    Source: PA Wire

    Social media users caught in financial scams lost nearly £75 million to fraudsters in the space of a year, figures suggest.

    Data obtained from under the Freedom of Information Act by the Good Money Guide website showed users of six popular sites made 3,597 reports of scams in 2022.

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