Social media, AI are making investment scams harder to spot

Sound of Ideas · Sep 24, 2026 · 52m

Social media and AI scams are on the rise

With the growth of artificial intelligence and an increasingly digital world, scammers have adapted the tools they are using to trick even tech-savvy consumers.

The Federal Trade Commission, or FTC, reported that nearly $16 billion was lost to scams last year. Social media has played a large role in how scammers are accessing victims. 30% of people who reported fraud losses in 2025 said the scam originated on social media.

Through personal data shared by social media users, scammers can find your friends and family, your workplace, your interests and…