Facebook, Instagram users hit by online shopping scams every 7 minutes, costing more than 500 thousand pounds per week: Report
Shortpedia
Content Team
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Every seven minutes, a customer in the UK falls victim to an online shopping scam originating in one of the two Meta-owned platforms, costing consumers more than 5,00,000 pounds per week, a new report has shown. Research from the UK-based Lloyds Banking Group estimated that over two-thirds of all online shopping scams affecting consumers start on Facebook and Instagram, reports The Guardian.
