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Consumers reported losing $367 million to job and business opportunity scams in 2022, up 76% year over year, according to the Federal Trade Commission. The typical victim lost a “whopping ...
Some examples: They say they've noticed suspicious activity or log-in attempts on your account. They claim there’s a problem with your account or your payment information. They say you need to ...
A work-at-home scheme is a get-rich-quick scam in which a victim is lured by an offer to be employed at home, very often doing some simple task in a minimal amount of time with a large amount of income that far exceeds the market rate for the type of work. The true purpose of such an offer is for the perpetrator to extort money from the victim ...
Make Money Fast (stylised as MAKE.MONEY.FAST) is a title of an electronically forwarded chain letter created in 1988 which became so infamous that the term is often used to describe all sorts of chain letters forwarded over the Internet, by e-mail spam, or in Usenet newsgroups. In anti-spammer slang, the name is often abbreviated "MMF".
An advance-fee scam is a form of fraud and is one of the most common types of confidence tricks. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum. [1] [2] If a victim makes the payment, the ...
In 2020, the Federal Trade Commission's Consumer Sentinel Network recorded 4.7 million reports from citizens, with fraud accounting for 2.2 million, and identity theft (often the result of fraud ...
Tagged as cyber scams, cybersecurity, fraud, fraudulent phone calls, mobile phone fraud, ransomware. We move forward into 2017 surrounded by technology that is constantly growing and improving. While many of us take advantage of all the gadgets and software that make our lives easier (and more entertaining), we should keep in mind the possible ...
A get-rich-quick scheme is a plan to obtain high rates of return for a small investment. Most schemes create an impression that participants can obtain this high rate of return with little risk, skill, effort, or time. The term "get rich quick" has been used to describe shady investments since at least the early 20th century.