 Cryptocurrencies, often referred to as virtual currencies or tokens, are quite different from typical currencies such as dollars or euros. Instead of being issued and backed by a government or central bank, cryptocurrencies are digital assets secured by cryptography that can be used as a medium of exchange. Their validity is typically provided by […]
Cryptocurrencies such as Bitcoin, Ethereum, Solana and hundreds more are hot commodities in online trading, and it’s possible for an investor to make a profit. But many people have experienced dramatic losses, some through bogus investment platforms touted by scammers as sure moneymakers. The Federal Trade Commission (FTC) warns consumers that “crypto investing comes with lots of risks, […]
Scammers are always finding new ways to steal your money using cryptocurrency. To steer clear of a crypto con, here are some things to know. Only scammers demand payment in cryptocurrency. No legitimate business is going to demand you send cryptocurrency in advance – not to buy something, and not to protect your money. That’s always a […]
Scammers use email or text messages to try to steal your passwords, account numbers, or Social Security numbers. If they get that information, they could get access to your email, bank, or other accounts. Or they could sell your information to other scammers. Scammers launch thousands of phishing attacks like these every day — and […]
You may find the possibility of a scam compromising your financial accounts unnerving, but there are many ways you can protect yourself. Here are some tips to help reduce your risk. Review your accounts. Check your credit card and banking accounts on a regular basis to ensure that there are no unauthorized charges. To help you catch fraudulent […]
Scammers are taking outdated ads from real employers, changing them, and posting them on employment websites and career-oriented platforms like Indeed or LinkedIn. The modified ads seem to be real job offers with legitimate companies. They’re not. In fact, their goal is to trick you into sharing personal information. So how do you know if […]
Scammers are using fake stories to prey on victims and trick them into sharing scams on Facebook. This scam has been going on for a while, but it continues to trip people up by using sad posts to appeal to their emotions. How it works You see a Facebook post with an emotional story, so you […]
What Is Fraud? What Are the Risks? Fraud is a broad legal term that refers to situations where someone is intentionally dishonest in order to receive some kind of benefit from a person, business, or entity. The goal of fraud is almost always money or financial gain. But that’s not the only reason someone will […]
Spam and Phishing E-mails Used Fraudulently Fraudulent e-mails adopt many different forms and are the unauthorized actions of third parties not associated with misleading brand. These e-mail messages are referred to as “phishing” or “spoofing” are becoming more common and may appear legitimate by incorporating company brands, colors, or other legal disclaimers. Help protect yourself […]
Just realising you have been scammed through some online payment fraud or a trade or investment you made and you are wondering what to do? The earlier you take an action, the better you can protect yourself and help others. Getting your stolen money back may be difficult, but recovery is about more than just […]