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Truth Social users say they lost thousands in online scams on the platform, with some victims being fleeced out of six-figure sums.
Complaints filed to the Federal Trade Commission, obtained by Gizmodo, detail the myriad schemes of fraudsters using Donald Trump’s social media platform in the past two years.
Many of the app’s users, particularly retired “Boomers” with life savings, fell for “pig butchering” scams in which a grifter persuades an individual to buy into a dubious investment scheme, convincing the victim to make larger contributions by tricking them into thinking they’re making money.
Read more at The Daily Beast.
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