FTC Issues Report About Increase in Scams Originating on Social Media

Scams that originate on social media, from fake Instagram Shops to false online romances that lead to extortion, ballooned between 2020 and 2021, according to a new report from the Federal Trade Commission. Bad actors can “use the tools available to advertisers on social media platforms to systematically target people with bogus ads based on personal details such as their age, interests, or past purchases,” the FTC said in its report.

The GigaLaw Firm helps companies of all sizes protect their brands online, using domain name dispute policies – such as the Uniform Domain Name Dispute Resolution Policy (UDRP) – and other legal tools available to copyright and trademark owners on the Internet.