https://www.ftc.gov/news-events/news/press-releases/2025/04/new-ftc-data-show-top-text-message-scams-2024-overall-losses-text-scams-hit-470-million
Apr 16, 2025 · New data from the Federal Trade Commission show that in 2024, consumers reported losing $470 million to scams that started with text messages.