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Consumers in Japan made a record 80,404 reports in 2023 about shopping and financial scams on social media, up by nearly 20,000 cases from the previous year, the government said Friday. There was a significant increase in complaints to government consumer affairs centers from people in their 50s or older, while the number of reports over issues with subscription-based services also surged by over 20,000 from 2022 to a record 98,101, it said. Examples of complaints involve people being unable to withdraw money after they were lured to invest in foreign exchange margin trading, while others comp…

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