According to the Federal Trade Commission, more money is reported stolen through fraud originating on social media than by any other method of contact. Reports to the AARP Fraud Watch Network Helpline show a rise in scams on TikTok. Many are recycled fraud tactics with a social media twist. Here are three ways to help protect yourself.
Check your privacy settings. Limit who can see your posts and which apps can access your information.
Be skeptical of direct messages. Scammers often pose as celebrities, influencers, or even friends to request money, solicit “donations,” or promote fake investments. Red flags should go up if a friendly conversation turns into mentorship or romance that offers “investment” advice involving cryptocurrency.
Shop carefully on social platforms. TikTok Shop, Facebook Marketplace, and similar sites can host scams where products are misrepresented, poor quality, or never delivered. Review seller ratings, be wary of prices that seem far below market value, and use a credit card for the best protection.
Report scams to local law enforcement. For help from AARP, call 1-877-908-3360 or visit the AARP Fraud Watch Network at aarp.org/fraudwatchnetwork.