Don’t fall for these sneaky tax scams that are out to steal your identity and money
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‘Pig-butchering’ scams have cost crypto investors $75B: study
A recent study found that “pig-butchering” cryptocurrency scammers stole a staggering $75 billion from investors’ digital wallets, but the large-scale theft was primarily carried out by hard-to-police overseas criminal networks. It became clear that it was planned. The scam, which has proliferated during the pandemic, involves a scammer “butcher” starting a conversation with what initially […]
Verification scams hitting Elon Musk’s X after changing former Twitter check marks
X, formerly known as Twitter, is more than just a name change. One of these concerns the account verification process. A small blue check mark on a particular profile indicates that it is verified. Without this blue check mark, it can be difficult to contact other people on X, get through certain groups, and basically […]
Amount of fraud in UK more than doubled to £2.3bn in 2023, report finds | Scams
The report says the value of fraud committed in the UK will more than double to £2.3bn in 2023, making it the second richest year in 20 years. The report also warns of the future impact of fraudsters using artificial intelligence. deceive consumers. According to accountancy firm BDO’s latest FraudTrack report, the number of reported […]
Banks ask for help protecting customers from online romance scams – CNBC
The banking industry is seeking help from the federal government and the social media industry to stop an escalating crisis that costs Americans billions of dollars each year: online romance fraud. Such digital crimes have skyrocketed since the pandemic, as criminals reach out to lonely Americans on social media by posing as attractive partners. “We […]
Stop these V-day scams before they break your heart and your bank account
Barren As Valentine’s Day approaches, many people think of love. But online romance adds a layer of potential deception to every connection, creating complex courtship and coupling dynamics. Although you want to keep the romance alive, it’s important to enter the world of online dating with open eyes and ears as much as an open […]
Meta expands tools for ‘helping teens avoid sextortion scams’ after bombshell Senate hearing
Meta Inc. announced Tuesday that it is expanding its efforts to help teenage social media users avoid falling victim to “sextortion” scams. It comes just a week after senators on Capitol Hill criticized Meta CEO Mark Zuckerberg for failing to stop a nationwide “crisis.” Zuckerberg is under intense scrutiny for his alleged role in a […]
How to protect your kids and teens from popular cyber scams
When you think of someone getting scammed, what comes to mind? Grandma on the phone? If so, this will probably surprise you. Total money lost by teens to online scams nearly rises 2,500% Victims under the age of 20 suffered a staggering $210 million in losses in 2022 alone. Educating children about the warning signs […]
How to protect yourself from Venmo, Zelle and Cash App scams
Imagine walking down the sidewalk and a scammer pulls a gun on you. Open a payment app on your phone and transfer your hard-earned cash, or take a bullet to the head. This is one of the real-life phone cash rip-off scenarios that happens to many people in America. Other Cash App crimes have also […]
Scams are the policy problem no one is talking about
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