Meta Warns - Watch Out for These Common Online Scam Tactics

Adshine.pro05/12/202567 views
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Amid growing economic uncertainty, Meta has issued a warning to users to stay vigilant against financial scams appearing across its platforms, which are reportedly on the rise.

According to Meta, in 2024 alone, it removed more than seven million accounts linked to scam-related activities. These scams have taken various forms—including fake celebrity endorsements, romance schemes, and fraudulent investment offers—and have cost victims billions of dollars worldwide.

The Federal Trade Commission (FTC) reports that U.S. consumers lost $5.7 billion to investment scams in 2024, making it the most common and damaging form of fraud. That figure marks a 24% increase from the previous year, and with ongoing global economic instability, scam activity is expected to continue escalating.

As Meta explains:

“Investment scams are designed to lure individuals into putting money into fake or non-existent ventures. These scams often promise high returns with little to no risk, involving assets such as company shares, cryptocurrencies, real estate, or precious metals. Scammers typically reach out through emails, social media, text messages, or phone calls, presenting ‘exclusive’ opportunities or invitations to join so-called ‘investment coaching’ groups.”

To help users protect themselves, Meta has shared three core tips specifically aimed at avoiding financial scams:

Meta financial scams

Meta’s also partnered with internet safety expert Rachel Tobac to provide more insight on how to avoid scammers via a series of video explainers.


In combination, these measures will help to protect users from financial scams, while also raising awareness of the risks and dangers of online transactions.

And again, based on the FTC data alone, you can see how this is a significant area of concern. Worth undertaking the checks, and heeding Meta’s advice on this front.  

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