Another thing that sticks out about the complaints filed with the FTC is that they seem to involve plenty of elderly fans of Donald Trump. One 72-year-old man who reported chatting with a “beautiful” woman on the site was scammed out of $21,000. His complaint ends with, “I haven’t told my wife about this blunder. She still doesn’t know about it.” Another person in their 60s said they lost $500,000 to scammers on Truth Social and seemed to think there might be a way they could get their money back, telling the FTC, “After I pay this they promise there will be no more fees and I will receive my assets.”
Many of the people don’t seem to understand that any amount they might see on their end that’s supposedly sitting in an account is completely fictitious. The scammers will often give the victim access to a website that shows a certain dollar amount in “their” account but the money is long gone. It’s not sitting there for them to withdraw. It’s simply a ruse for the victim to see their imaginary money grow, luring them into “investing” even more.
Truth Social Users Are Losing Ridiculous Sums of Money to Scams
Read the complaints submitted to the FTC by users of Donald Trump's social media platform.
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