Trending Now - Social Media Scams Cost Americans $2.1 Billion in 2025

WHO:

Inc - Millions of older Americans are being targeted by Medicare scam ads.

NBC News - Scammers are using fake ads featuring Trump and Oprah to target seniors.

WHAT:

Inc - Americans lost $2.1 billion to scams on social media in 2025.

NBC News - Meta, the parent company of Facebook and Instagram, is failing to stop scammers from buying ads targeting seniors.

WHERE:

NBC News - The scams are primarily occurring on social media platforms like Facebook and Instagram.

WHEN:

Inc - The report discusses the financial losses incurred in 2025.

WHY:

Inc - The scams are harming the financial and physical health of older Americans.

HOW:

NBC News - Scammers are repeatedly buying ads on social media platforms to target seniors with scams.

(UPDATED May 12, 2026 23:23 UTC)

Millions of older Americans are being targeted by Medicare scam ads featuring President Trump and Oprah, as scammers exploit social media platforms like Facebook and Instagram. In 2025, Americans lost a staggering $2.1 billion to scams on these platforms, with Meta, the parent company of Facebook and Instagram, failing to effectively stop these deceptive ads. These scams are not only causing significant financial losses but are also harming the physical and financial health of older Americans.