U.S. social media scam types distribution by highest reported losses H1 2023

Published by Ani Petrosyan, Aug 14, 2024

In the first half of 2023, investment-related scams accounted for the highest share of costs of scams, 53 percent, performed on social media. Romance scams ranked second, with 14 percent of financial losses from scams performed on social media.

Distribution of social media scam types with the highest losses in the 1st half of 2023

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Release date

October 2023

Region

United States

Survey time period

H1 2023

Number of respondents

56,000 respondents

Special properties

the total amount of losses amounted to 658 million U.S. dollars

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Statistics on " Online fraud in the United States "

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Other statistics that may interest you Online fraud in the United States

Overview

8

Online scam encounters

4

Phishing and spam

7

BEC scam and identity theft

6

Other tyes of fraud

7

Impersonation

6

Fiancial cybercrime

4

Other types of online fraud

7

Awareness and protection

4

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Topics

Online fraud in the United States
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