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One in five U.S. adults have lost money to online scams: How to avoid being next
A new report released by the FBI has revealed that one in five U.S. adults has fallen victim to online scams, losing a grand total of $1.3B to fraudulent schemes in 2023 alone. This alarming statistic is yet another reminder at how prevalent – and lucrative - online scams have become in just a few years. From phishing…
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Love hurts: How romance scams steal millions and break hearts
Romance is that weird, fuzzy feeling that makes you spend way too much time texting someone to say 'good morning'—and spend way too much money on flowers that die in two days. It’s the magical force that turns rational adults into poets, chefs, and professional cuddlers, all while hoping the other person never notices you…
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Over $110 Million lost to Bitcoin ATM scams in 2023, FTC warns
The rise of cryptocurrency has led to a surge in criminal activities, with scammers exploiting the relative anonymity and irreversible nature of these transactions. In 2023, Americans lost over $110 million to Bitcoin ATM scams, according to the Federal Trade Commission (FTC). These scams are becoming increasingly…
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Decoding the Rise of Social Media Frauds
"One major difference between scams before social media and after is that criminals had to look for victims; now, victims find the scammers online." What are the most popular social media scams and how do fraudsters operate online? Here's an interesting article on their evolution: Have you identified or experienced a…
