Monday, March 11, 2024

Crypto Romance fraud up 85 times since 2020


Chainalysis issues 2024 crypto crime report
John Oliver HBO program on crypto romance scams and scam call centers in Myanmar; very good, complete, and includes humor. Runs 45 minutes
FTC warns never to move your money to another account to “save it,”  this is always a scam
BBB issues annual scam tracker risk report
  • Those 18-24 lost the most money
  • Contacts with scammers on social media were up to 64%
  • Crypto romance scams also increase
Tip of the week: We know that scammers pay to post sponsored links at the top of search results. So when the public uses Google to look for the phone numbers of social media, tech companies, and many other organizations they find  numbers posted by scammers and end up calling them.  So let’s all do a search for our own organization to be sure scammers aren’t using our names
Need an expert witness for consumer protection or fraud issues?  Let me know.
Fraud Studies: Here are links to the studies I’ve written for the Better Business Bureau: puppy fraudromance fraud; BEC fraudsweepstakes/lottery fraud,  tech support fraudromance fraud money mulescrooked movers, government impostersonline vehicle sale scamsrental fraud, gift cards,  free trial offer frauds,  job scams,  online shopping fraud,  fake check fraudand crypto scams
Fraud News Around the worldHumor FTC and CFPBArtificial Intelligence and deep fake fraudVirus Benefit Theft Kidnapping and forced to scamBusiness Email compromise fraud Ransomware and data breachesATM SkimmingJamaica and Lottery FraudRomance Fraud and Sextortion