Beware! Millions Fleece from “Easy Money” Scams on Social Media
Over 1,600 complaints were made about deceptive side hustles in the past year. Victims are often promised easy tasks with small initial payouts to lure them in. The schemes escalate…
Online Fraud refers to criminal activities conducted via the internet that aim to deceive individuals or organizations for financial gain. This type of fraud can take many forms, including phishing schemes, where attackers impersonate legitimate entities to steal sensitive information; auction fraud, where items are misrepresented or never delivered; and identity theft, where a person’s personal information is used without their consent to commit financial crimes. Online fraud also encompasses various scams related to investments, lottery winnings, and fake charities. The anonymity and reach of the internet make it a fertile ground for fraudsters, leading to significant financial losses for victims. Law enforcement agencies and cybersecurity experts continuously strive to combat online fraud through awareness, education, and advancements in technology to protect users.
Over 1,600 complaints were made about deceptive side hustles in the past year. Victims are often promised easy tasks with small initial payouts to lure them in. The schemes escalate…