Fraudsters are rampant during the holiday season and are typically one step ahead of investors, luring unsuspecting people with their scams to generate more income.
While the scams are abundant, they range from identity theft to hyping up stocks which are not investment grade. Falling prey to these schemes is not uncommon as they become more commonplace.
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https://www.cnbc.com/2017/09/26/buyer-beware-the-top-10-investment-scams.html
Fraudsters stole more than half a billion pounds from UK bank customers in the first six months of 2018, newly published figures show.
And of the total £503m taken, almost a third was lost through so-called Authorised Push Payment (APP) scams – where people are tricked into authorising
This type of crime is “Britain’s fastest growing”, and the latest figures, from industry group UK Finance, suggest that “2018 will see a sharp increase in the amount stolen from
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https://www.theweek.co.uk/96695/what-is-push-fraud-and-how-can-you-avoid-it
First Orion, a principal provider of
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Phishing schemes are still one of the most serious threats to companies. Even internet giants like Google and Facebook got duped out of $100 million through an email phishing scheme when a hacker impersonated a computer-parts vendor.
According to the FBI, criminals made off with at least $676 million last year thanks to so-called business email compromise campaigns, which are attacks designed to trick company executives or accounting departments into sending money to fake vendors.
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https://www.inc.com/will-yakowicz/biggest-email-phishing-scams-2018.html
Anyone that has paid attention to the financial world lately should be aware of the way that the crypto community has been suffering. Though there are many legitimate opportunities available, there is a whole history of coins that have hidden their scams from consumers, covering a range of criminal activities. Drug dealers, tax evaders, rogue miners, cyber criminals, and ICO scammers are just a few of the potential issues.
Users that succeed in staying out of the way of this kind of crook that robs the industry of almost $9 million daily are few and far between. Many seasoned investors have managed to be scammed by one issue or another. In fact, the ICO advisors from Satis Group have calculated that 80% of all ICOs turn out to be a scam, though that term has yielded some debate. A failed ICO is different from a fraudulent ICO, since it is common for up to 90% of ICO startups to fail, which happens for many legitimate reasons.
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JOHANNESBURG – Tech-support scams hit 71
The study examined the incidence and results of tech support scams all over. The web-based survey of 16048 adult internet users in 16 countries (1000 per country) tested an equal number of male and female users aged 18 and older, comparable to the internet user population in each country.
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