"One person who says they lost $170,000 explained they were initially scammed on a different site but met someone on Truth Social who claimed they could help get their money back. That turned out to be a scam as well." Gizmodo were shocked not only by the number of scams, but the amounts of money involved. The scams also overwhelmingly target the elderly.
Source: Gizmodo
Donald Trump launched Truth Social in 2022 as a social media platform where the MAGA faithful could hang out without any liberals to spoil the fun.