Get got by Insta-scammers?

Marketplace All-in-One

Marketplace

News, Business

4.5 • 1.4K Ratings

🗓️ 19 September 2025

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you have, you're not alone. American consumers lost more than $1 billion to fraud on social media in the first six months of this year, according to the Federal Trade Commission. That’s almost ten times what it was five years ago. Today, we'll hear how consumers can protect themselves. But first, we know what the Federal Reserve did with short-term interest rates this week. What's driving long-term interest rates right now?

Transcript

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0:00.0	In today's fast-changing digital world, proving your company's trustworthy isn't just important for growth.
0:06.6	It's essential. That's why Vanta is here. Vanta helps companies of all sizes get compliant, fast,
0:13.0	and stay that way with their proprietary AI, automation and continuous monitoring.
0:17.8	So whether you're a startup tackling your first SOC 2 or ISO-2-2-1 or an enterprise
0:24.6	managing vendor risk, Vanta's trust management platform makes it quicker, easier and more scalable. It even
0:31.3	helps you complete security questionnaires up to five times faster, so you can close bigger deals
0:36.7	sooner. And the impact? According to a
0:39.3	recent IDC study, Vanta customers cut over $500,000 a year in costs and boost productivity by three
0:46.9	times. Establishing trust isn't optional. Vanta makes it automatic. Visit vanta.com slash go to sign up for a free demo today. That's va.com
0:58.2	slash G-O. Hello listeners. Marketplace's Webby-winning Kids Podcast, Million Bazillion, is back for an all-new season.
1:07.3	Hosts Bridget and Ryan are answering a whole new set of kid questions about everything from royalties and franchises to why the heck we have a $2 bill.
1:17.1	Even grownups might learn a thing or two.
1:19.6	Million Bazillion is presented in partnership with Greenlight, the debit card and money app for kids and teens.
1:25.7	Give your family the tools to manage money wisely with Greenlight.
1:29.6	Learn more at greenlight.com slash million.
1:33.0	And tune in to Million Bazillion wherever you find your favorite podcasts.
1:39.0	Social media has a vast network of pickpockets, scammers, and thieves.
1:45.1	I'm David Brancaccio in Los Angeles.
1:47.1	First on Tuesday, we noticed 30-year mortgage rates hit their lowest point in a year.
1:52.2	Then the cost of home loans started to creep back up as the week wore on.
1:55.9	This with the Federal Reserve Chair, vague about more interest rate cuts ahead.
2:00.7	Watching all of this unfold this week is
	...

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