Social Media Scamming Statistics That Will Make You Wary! [Video]

Have you ever double-tapped a picture of a luxurious lifestyle, only to be bombarded with messages promising you the same… for a small investment? Or perhaps swiped right on a charming profile, only to discover it was a catfish waiting to reel in your bank account?

If you’ve ever felt a pang of excitement followed by a gut-wrenching realisation that you’ve been a victim of social media scamming, you’re not alone. In the UK, these deceptive cons are on the rise, leaving a trail of broken hearts, empty wallets, and shattered trust in their wake.

The statistics are sobering; in 2023, UK residents reported losing a staggering £580 million to online cons initiated on social media platforms. That’s a shocking increase compared to the previous year, a stark reminder that the “like” button has become a gateway to sophisticated scams. But it’s not just the numbers that are alarming. The …