Scammers swarmed in and took naive traders and users aback with their intelligent methods while performing tasks like banking or making credit card payments. In the digital world, there are many scam artists out there who snatch victims’ hard-earned fortune. Being conned by these deceitful money-making proposals can be a difficult pill to absorb. The…
Scammers target investors who have already been victims of a scam before. They are easy to convince, and the scammer gives them hope of recovering their funds. Cryptocurrency like bitcoin has boomed the online investment and transaction industry. It has been a hub for investors and scammers across the world. Cryptocurrency crime had a record-breaking…
Impersonator scammers often pose themselves as billionaires or as celebrities promising to multiply the amount if an investor invests in their schemes online. Cryptocurrencies like bitcoins have accomplished great hype in online trading, and smart investors make a big profit. But the idea of getting rich in a short period can blind some people resulting…
Bitcoin scammers are everywhere, and falling into their scams can cost a lot of financial damage. They manipulate investors to fall for their scams. Cryptocurrencies have successfully created hype in the digital world of investments and transactions. Investors worldwide are interested in this industry, and so are the scammers who are always one step ahead…
Hacking involves breaking into a computer system or network without permission and stealing financial assets like crypto. Experts suggest ways to stay protected. Statistically speaking, theft by hacking has grown drastically. According to suggested figures by scam surveys, the cybercrime environment has expanded since 2021, and it is going to cost countries trillions in financial…
Scammers are calling unsuspecting credit card users and promising to reduce their credit card interest rate, but instead stealing their leftover funds. Monthly credit card bills can be a drag, especially when someone is trapped under financial burdens. Finding a way to lower bills seems like an appropriate way to save a lot of cash….
As per reports, digital banking fraud accounts for 33% of all digital crimes in the United States. Experts say the right adoption of technology can help evade severe damage. Digital transformation in banking has accelerated partly due to the pandemic and partly because of multiple players in the market focusing on digitization. Governmental policies and…
A crypto airdrop works like a promotional event where blockchain companies distribute free tokens to participants. But scammers are sending fake coins and stealing info. Digital currencies have caused ripples in blockchain-based services, and major players are already feeling the heat from the competition. Airdropping tokens appears to be a marketing stunt to create awareness…
The dramatic increases in the value of digital currencies have made crypto-currencies a profitable bet. Despite the growing criticism, the crypto space continues to function. And now, with countries like El Salvador and the Central African Republic becoming the first few to accept them as legal tender, digital currency is poised to change the way…
Forex is a popular form of investment for many investors, but it can be hard to distinguish between genuine brokers and discerning fraudsters. Here are some ways. Forex trading platforms have gained wide popularity in terms of investments, bringing lucrative profits. But, while investors attempt to earn some extra income, scammers are executing cunning ways…