Truth Social Users Are Losing Ridiculous Sums of Money to Scams

[neurosis]

yeesh. 


Read the complaints submitted to the FTC by users of Donald Trump's social media platform.


https://gizmodo.com/truth-social-users-are-losing-ridiculous-sums-of-money-to-scams-2000506604


"Gizmodo submitted a Freedom of Information Act (FOIA) request with the FTC for consumer complaints about Truth Social filed in the past two years. The complaints to the federal agency include some stories from people who've been banned from the site (unjustly, they claim) and others who say they got signed up for mailing lists they never wanted to be on in the first place. But the complaints about scams are the most shocking, if only because there are such large sums of money involved. And we're publishing a sample of the full, unedited complaints below.

One person who says they lost $170,000 explained they were initially scammed on a different site but met someone on Truth Social who claimed they could help get their money back. That turned out to be a scam as well. But more often, the victims are first contacted on Truth Social before being told to take the conversation somewhere else, like WhatsApp. Truth Social seems to be a target-rich environment for people who are easy to con."


"There are many different kinds of scams on social media sites. We recently explored the dating app sextortion scams on Ashley Madison and sextortion that's happening on Grindr with FOIA requests to the FTC. But the scams happening on Truth Social appear to be most commonly pig butchering, a method of gaining someone's trust while getting them to give you increasingly large amounts of money, all while making it seem like the victim is making wise investments. Truth Social, with its older user base of Boomers who have access to a lifetime of savings and retirement accounts, appears to be an attractive target for scammers running pig butchering operations."

[YoDoug]

I would like to see the percentage of Truth Social scammed to the total annual scammed. Can't decide if this is an alarming situation or just a left wing hit piece to try to smear Trump. Lots of elderly people are scammed every day. Are Truth social account holders easier targets or is it just an concentrated percentage of older people making for "better fishing".

[RobertELee]

Agreed. Truth is full of the same BS that all the other sites have. If you're dumb enough to get scammed it doesn't matter which platform you're on.

[RobertELee]

Hell, even Del got scammed out of $50microbucks on the old site.

[neurosis]

I would like to see the percentage of Truth Social scammed to the total annual scammed. Can't decide if this is an alarming situation or just a left wing hit piece to try to smear Trump. Lots of elderly people are scammed every day. Are Truth social account holders easier targets or is it just an concentrated percentage of older people making for "better fishing".

I think that it's an alarming situation *and* a bit of a hit piece. Not a hit piece on Trump, but at Truth Social and the type of person who would frequent it. 

"The larger concentration of older people who are more susceptible to this type of scam."

[Newbeeee™]

It is all, a scam....
https://x.com/gilduran76/status/1823426458494361828

[YoDoug]

"The larger concentration of older people who are more susceptible to this type of scam."

I would suspect you have a few factors going here. A larger concentration of older people in an online group, and a false sense of security. They are on Truth Social because they believe in what they think Trump stands for. They mistakenly assume everyone on there feels the same way so they let their guard down.