Seems to be a different methods that scammers get to their victims. But the common method they use now is to use a phising site that is bait and send through different email accounts.
Now we need to be vigilant to scammers and fraudsters since they may have new methods to their victims.
Topic: Methods that fraudsters use to scam people (Read 903 times)
Scammers use public charging spots for scamming? That's certainly a new one. I guess soon we'll be no where safe. Aerial malware attacks, even when offline will be the new trend!!
This is why they are so dangerous, I have known of this kind of attack for a very long time and that is why I take my precautions, but since smart phones were never really intended to be really secure hackers and scammers have many ways to get access to our coins, which is why I do not have a bitcoin wallet installed in my smart phone and if one day I decided that it was necessary I will take many precautions and I will only carry with me the bitcoin that I had planned to use at the time. Adding this list won't hurt:
Phishing email scams
The Nigerian scam
Greeting card scams
Bank loan or credit card scam
Lottery scam
Hitman scam
Romance scams
Fake antivirus software
Facebook impersonation scam (hijacked profile scam)
Make money fast scams (Economic scams)
Travel scams
Bitcoin scams
Fake news scam
Fake shopping websites
Loyalty points phishing scam
Job offer scams
SMS Scaming(Smshing)
Overpayment Online Scam
Tech Support Online Scams
You can read the detail here
Also don't forget the cryptocurrency fork scam where they needed us to enter our private key to get the said fork coin.
I found a lot of useful information from your post. It will benefit many people, including myself.It would be great to know how to avoid these scams. What is the way to get rid of the problem? Phishing email scams
The Nigerian scam
Greeting card scams
Bank loan or credit card scam
Lottery scam
Hitman scam
Romance scams
Fake antivirus software
Facebook impersonation scam (hijacked profile scam)
Make money fast scams (Economic scams)
Travel scams
Bitcoin scams
Fake news scam
Fake shopping websites
Loyalty points phishing scam
Job offer scams
SMS Scaming(Smshing)
Overpayment Online Scam
Tech Support Online Scams
You can read the detail here
Also don't forget the cryptocurrency fork scam where they needed us to enter our private key to get the said fork coin.
1. KYC Fraud
Behold, Any body can just contact you claiming they are bank executives or customer service officer from your bank and asked you to share details to complete KYC, they will actually first tell you that your account isn't safe anymore, this have proven to works on innocent people most times.
2. Fake SMS
This days online shopping can be very dangerous if you don't go through right channels, secondly you can get fake SMS about any online shopping cash back and you will be asked to share your credentials, ATM card details etc
3. Public Charging Spots
Abstain from charging your phones from any public charging spots, scammers can use some kind of chips that installs malware or spyware's on your phone while charging, this chips copies your sensitive data and inject the malware, automatically they have access to your phone, you can lose private keys this way, even every single passwords on your phone. instead you are better off with power banks.
Lol, that first option you have there, KYC Fraud, it was rampant last year and there were lots of people that fell for it and lost their money. I got such a call from them and they were asking for some of my bank information; they claimed they were from my bank and would block my account if those information were not given lol.Behold, Any body can just contact you claiming they are bank executives or customer service officer from your bank and asked you to share details to complete KYC, they will actually first tell you that your account isn't safe anymore, this have proven to works on innocent people most times.
2. Fake SMS
This days online shopping can be very dangerous if you don't go through right channels, secondly you can get fake SMS about any online shopping cash back and you will be asked to share your credentials, ATM card details etc
3. Public Charging Spots
Abstain from charging your phones from any public charging spots, scammers can use some kind of chips that installs malware or spyware's on your phone while charging, this chips copies your sensitive data and inject the malware, automatically they have access to your phone, you can lose private keys this way, even every single passwords on your phone. instead you are better off with power banks.
I told them that I would be coming to the bank location to submit whatever documents and information they need, but they keep insisting that I say it on the phone. And when I refused, they started to insult me and I also fired back at them lol. People really need to be careful these days. If you get such a call or message, just go to your bank straight and show it to them, stop giving out your information when you're not sure of who you're giving it to.
Most definitely the easiest way is through the SMS and many people fall for this alot. It's better to just contact any customer service of whichever company they claim to be instead of rushing to do anything immediately. They will tell you is not from them. First thing is to be very sure of where it's coming from.
there are various methods that are done by Scamers, one of the methods that we often see in forums is mainly through the ICO project. on the other hand some kind of airdrops, Telegram Bot. we often find it here, and out there are still a lot of scams that we don't realize, such as browser extensions, fake wallets on Playstore, etc. so, the conclusion is that scamers have many methods to fool their victims.
Yes. In this market and this whole world a lots of scammers are spreading their net. The first two trick is very common. But there are many other ways theybuse. One of the most used scam trisk is pishing. They make a similar website of some trusted website. And through email or sms they push it. Plus they are everywhere. They are in playstore app ,they are in browser extension. The only thing we can do is to take things very carefully.
Here are few methods that online scammers use to scam people till date due to lack of not knowing
1. KYC Fraud
Behold, Any body can just contact you claiming they are bank executives or customer service officer from your bank and asked you to share details to complete KYC, they will actually first tell you that your account isn't safe anymore, this have proven to works on innocent people most times.
2. Fake SMS
This days online shopping can be very dangerous if you don't go through right channels, secondly you can get fake SMS about any online shopping cash back and you will be asked to share your credentials, ATM card details etc
3. Public Charging Spots
Abstain from charging your phones from any public charging spots, scammers can use some kind of chips that installs malware or spyware's on your phone while charging, this chips copies your sensitive data and inject the malware, automatically they have access to your phone, you can lose private keys this way, even every single passwords on your phone. instead you are better off with power banks.
Most people knows about coins this days and believe me it doesn't have to be online alone before losing your private key or recovery seed, you can easily lose them offline as well
1. KYC Fraud
Behold, Any body can just contact you claiming they are bank executives or customer service officer from your bank and asked you to share details to complete KYC, they will actually first tell you that your account isn't safe anymore, this have proven to works on innocent people most times.
2. Fake SMS
This days online shopping can be very dangerous if you don't go through right channels, secondly you can get fake SMS about any online shopping cash back and you will be asked to share your credentials, ATM card details etc
3. Public Charging Spots
Abstain from charging your phones from any public charging spots, scammers can use some kind of chips that installs malware or spyware's on your phone while charging, this chips copies your sensitive data and inject the malware, automatically they have access to your phone, you can lose private keys this way, even every single passwords on your phone. instead you are better off with power banks.
Most people knows about coins this days and believe me it doesn't have to be online alone before losing your private key or recovery seed, you can easily lose them offline as well
I know the first two and they are very prevalent among bounty hunting but about public charging spot, this is new to many of us, I never used a charging spot because I always carry a power bank but people especially those who install their seed and private key on their phone should be aware of this
Scammers use public charging spots for scamming? That's certainly a new one. I guess soon we'll be no where safe. Aerial malware attacks, even when offline will be the new trend!!
Scammers or hackers do that.There are youtube videos that shows how they can easily do this using public spots or connections like WiFi.
Phones are far more vulnerable to hacks, so better not hold a lot of funds in your mobile wallet.
If somebody isn't aware of that and loves to connect publicly, too bad for him. Most possible victims are the not techie people but it should be a safety precaution that never ever connect to free public networks.
In my own point of view, one of the method that scammers used to trick other people is by making false promises, so that they can easily get the person's trust that they will promise you that you can benefit from them if you will invest your money to their project. It is the reason why i have trust issues when in terms of investing money because i could get scam and only spend my money for nothing.
Now every new project KYC is mandatory for all investors and bounty hunters this is another big threat to all. If I was the controller I must implement the rule" when a project succeeds and go live in go market then ask for KYC otherwise no KYC by Investor and bounty hunters" and you all know weel 80% project failed but they collected all your precious data.
Yes, it is true that KYC is very valuable data and it will be very dangerous if investors and hunters give it to unclear projects, but at this time not all projects require KYC for hunters, but it is required for all investors.The current KYC method is wrong. The promoters want others to send the scanned copy of the passport or the national ID card. These are very confidential documents and you should not share them with unknown people. At the most, they can ask for telephone verification. I understand that many of the hunters own 2 or 3 mobile phone connections, but if this is made mandatory, then 99% of the instances of scamming can be done away with.
well scammers have many ways to do their frauds and they just steal our money easily like it has been just like nothing difficult for them.
The amateur scammer will always try the basic method to scam others but when it comes to the professional scammer and that will use a very difficult method to choose the complicated way to scam others. just try to tell you about DNS hijacked that happened with some dex in the past 
Now every new project KYC is mandatory for all investors and bounty hunters this is another big threat to all. If I was the controller I must implement the rule" when a project succeeds and go live in go market then ask for KYC otherwise no KYC by Investor and bounty hunters" and you all know weel 80% project failed but they collected all your precious data.
Yes, it is true that KYC is very valuable data and it will be very dangerous if investors and hunters give it to unclear projects, but at this time not all projects require KYC for hunters, but it is required for all investors. 
Now every new project KYC is mandatory for all investors and bounty hunters this is another big threat to all. If I was the controller I must implement the rule" when a project succeeds and go live in go market then ask for KYC otherwise no KYC by Investor and bounty hunters" and you all know weel 80% project failed but they collected all your precious data.
There are so many methods of people that scam others that we can't really find a way to stop all of it, scammers will find a new way whenever they are faced with a good method that could stop them. Hence we are just forced to teach the regular people how to not get scammed which is actually a lot better method.
Figure out all the ways scammers do their scamming and prepare some sort of document that explains it and how they do it, show to people who are newer and may not know all the methods and you are basically saving one more victim before it happens. Otherwise if we let everyone learn it the hard way, scammers are going to find new gullible people to scam and continue to steal money from people, even if it means their old victims learn it, there will be new ones anyway.
Figure out all the ways scammers do their scamming and prepare some sort of document that explains it and how they do it, show to people who are newer and may not know all the methods and you are basically saving one more victim before it happens. Otherwise if we let everyone learn it the hard way, scammers are going to find new gullible people to scam and continue to steal money from people, even if it means their old victims learn it, there will be new ones anyway.
Here are few methods that online scammers use to scam people till date due to lack of not knowing
1. KYC Fraud
Behold, Any body can just contact you claiming they are bank executives or customer service officer from your bank and asked you to share details to complete KYC, they will actually first tell you that your account isn't safe anymore, this have proven to works on innocent people most times.
2. Fake SMS
This days online shopping can be very dangerous if you don't go through right channels, secondly you can get fake SMS about any online shopping cash back and you will be asked to share your credentials, ATM card details etc
3. Public Charging Spots
Abstain from charging your phones from any public charging spots, scammers can use some kind of chips that installs malware or spyware's on your phone while charging, this chips copies your sensitive data and inject the malware, automatically they have access to your phone, you can lose private keys this way, even every single passwords on your phone. instead you are better off with power banks.
Most people knows about coins this days and believe me it doesn't have to be online alone before losing your private key or recovery seed, you can easily lose them offline as well
KYC is the one that I really hate but we don't have other options especially if we are going to cash out a good amount of profit in exchange to our credentials. KYC are very rampant in centralized exchange and the worst is, many of that exchange were hacked and lost a huge amount of money so how can we assure that our KYC credentials are secure. 1. KYC Fraud
Behold, Any body can just contact you claiming they are bank executives or customer service officer from your bank and asked you to share details to complete KYC, they will actually first tell you that your account isn't safe anymore, this have proven to works on innocent people most times.
2. Fake SMS
This days online shopping can be very dangerous if you don't go through right channels, secondly you can get fake SMS about any online shopping cash back and you will be asked to share your credentials, ATM card details etc
3. Public Charging Spots
Abstain from charging your phones from any public charging spots, scammers can use some kind of chips that installs malware or spyware's on your phone while charging, this chips copies your sensitive data and inject the malware, automatically they have access to your phone, you can lose private keys this way, even every single passwords on your phone. instead you are better off with power banks.
Most people knows about coins this days and believe me it doesn't have to be online alone before losing your private key or recovery seed, you can easily lose them offline as well
Aside from that, phishing is also very rampant to scam the other people and most of the victims are newbies so I hope that this information's will reach to the newbies and other crypto users who have no idea about it so they can avoid it in the future.
That is why most people are skeptical about platforms or anything that requires KYC not unless it is a trusted platform or website. The risk of having your personal information in the hands of other people will put you in great risk. I have a friend in Facebook who had been a victim of this kind of scam, her identity is stolen and used to scam other people without her knowledge.
Besides the methods you described above, i think the most common method used by scammer is
by contacting you through telegram chat, instructing you to transfer some amount of coins to their wallet.
I dont know, scammers seems not getting tired for doing that.
by contacting you through telegram chat, instructing you to transfer some amount of coins to their wallet.
I dont know, scammers seems not getting tired for doing that.
Scammers use public charging spots for scamming? That's certainly a new one. I guess soon we'll be no where safe. Aerial malware attacks, even when offline will be the new trend!!
Scammers or hackers do that.There are youtube videos that shows how they can easily do this using public spots or connections like WiFi.
Phones are far more vulnerable to hacks, so better not hold a lot of funds in your mobile wallet.
There are various methods used by scamers, including filling out forms to claim high prizes,bot telegram and many more methods used by fraudsters to deceive their victims. and it's important for everyone to think intelligently that there is no fast way to get rich overnight. in any industry requires a process, including this cryptoqurrency industry.
For bounty campaign, it's usual that we see scammers filling the form, but its the job of the bounty manager to ensure that those who are legitimately participating the bounty will get the reward and those who are not will be eliminated, if scammers will be able to claim reward on this, then we can say that the bounty manager is incapable of doing his job. Jump to: