The personal details of so many people have been sold for peanuts and I am quite surprised that, despite a project looking suspicious and ask for KYC, some still go-ahead to give out their personal details.
Well, we should be thankful that we have not been tagged with wrongful accusations.
There was a time I was wondering if it is actually proper for bounty hunters to do KYC since they are not investing? This also led me to that question and assumption that even investors should not have been asked to provide such since it is not a security token that is being issued and is regulated by the SEC.
Topic: Methods that fraudsters use to scam people - page 4. (Read 942 times)
It would be great if they revealed this topic in more detail. I am sure newcomers and experienced users of the forum would be interested to know all the subtleties of fraud of this kind,
as well as to study cases of scam users of the forum. Unless, of course, it’s interesting to yourself.
Everyone wants to earn money, everyone wants easy money. Therefore, fraudsters so easily manage to deceive people with such typical traps.
as well as to study cases of scam users of the forum. Unless, of course, it’s interesting to yourself.
Everyone wants to earn money, everyone wants easy money. Therefore, fraudsters so easily manage to deceive people with such typical traps.
There is also hyip and ponzi that wasn't really talked about all that much. Ponzi has always been a favorite of the scammers and for some reason many people fall for that. Everyone thinks if they invest into something that gives them 10% per month is real, I really doubt anything like that would ever be real.
Warren Buffet literally got hundreds of billions of dollars investment to his company just because he averages 20% per year, that is insanely good when you consider that average interest rates never go beyond 5% anywhere in USA for legit. If you find something that pays you more than 10% per year that usually seen as something dangerous, let alone anything that pays you 10% per month. But for some reason millions fall for that stuff every single year.
Warren Buffet literally got hundreds of billions of dollars investment to his company just because he averages 20% per year, that is insanely good when you consider that average interest rates never go beyond 5% anywhere in USA for legit. If you find something that pays you more than 10% per year that usually seen as something dangerous, let alone anything that pays you 10% per month. But for some reason millions fall for that stuff every single year.
There are still many activities or tricks that are being put in place by scammers to defraud innocent individuals. We need to always be on the alert and keep educating each other on new tricks so we don't fall victim. Online activities have always been flooded by scammers, knowledge on their tricks is always the best way to stay safe.
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
This are really the truth and I pray people start taking caution of what matters to them which is security first. In a way of adding to your list, some types of giveaways should be taken into account, that is, any giveaway program or event requesting a payment before being rewarded should be overlooked. Also, phishing scam, should also be taken into account, let's endeavour to bookmark all frequently used websites so as to reduce phishing drastically. Furthermore, one need to be careful of any website asking for the personal details such as private keys etc.
That is why I always set up multiple accounts, multiple emails, and multiple mobile numbers. One account/email / mobile number I use officially for real-life related to social, bank accounts, etc. While I use a backup account/email / mobile number specifically for joining bounties and other matters relating to cryptocurrency. This is a precaution if there is fraud via email or mobile number.
Some time ago I got an email in the name of IDEX exchange that there was a giveaway that worked with a website and caused KYC on the website. After I checked the IDEX exchange official account, it turned out to be a scam. So, for everyone, please pay attention to these rules:
1. Usually, the admin of an official group will not PM you first, let alone ask for a deposit, etc., it's fake
2. Before joining make sure to check whether the news is official or not by asking directly on the official website support.
Some time ago I got an email in the name of IDEX exchange that there was a giveaway that worked with a website and caused KYC on the website. After I checked the IDEX exchange official account, it turned out to be a scam. So, for everyone, please pay attention to these rules:
1. Usually, the admin of an official group will not PM you first, let alone ask for a deposit, etc., it's fake
2. Before joining make sure to check whether the news is official or not by asking directly on the official website support.
Probably phishing seems to be the leading one to this day, with how some websites have trouble with 2FA and the ability to disable it very easily, some people who get your username and password could hack you in many places. So they still do create websites with phishing names and they get your username and password, disable your 2FA and got in and take your money out.
Even phishing websites that take control of your API could just spike any coin they have into a higher price to get out without ever logging to your account. That and "selling trading bots" are the most common ones where people actually think they buy a bot but learn too late that bot is not really working properly but you just gave all your information to someone else and they can steal from you.
Even phishing websites that take control of your API could just spike any coin they have into a higher price to get out without ever logging to your account. That and "selling trading bots" are the most common ones where people actually think they buy a bot but learn too late that bot is not really working properly but you just gave all your information to someone else and they can steal from you.
The issue of fake sms is quite prevalent in my country. Its so rampant that almost every phone must have received one fake sms in every month. It feels so annoying when I hear news of people falling into this fake sms scam when it's very easy to decline. People really need to be more informed about the tricks of Scammers.
Tips that the number one may be as a bounty hunter must be careful because some of the projects we follow must fill the KYC so that we can get paid from the project then in the filling of personal data we must be careful if there is a request Inappropriate then never fill it in order for us to survive the counterfeit of our personal data, and for the number three tips we are very rare to find a victim.
It should be taken into account that possible hackers are there waiting for another victims so be being furious and carefully analyze everything before dealing with providing your personal information, identity hacking is more prone from those who are being tricked by developers who doesn't have any
real project to offers but yet wanted to takeaway important information to every person who are not taking time to guard themselves from this kind
of practices.
Tips that the number one may be as a bounty hunter must be careful because some of the projects we follow must fill the KYC so that we can get paid from the project then in the filling of personal data we must be careful if there is a request Inappropriate then never fill it in order for us to survive the counterfeit of our personal data, and for the number three tips we are very rare to find a victim.
Be also wary about sim hacks. It's been one of the most trending hacking with huge amounts lately.
$45 Million Worth Of Bitcoin And Bitcoin Cash Allegedly Stolen In A SIM Hack
$45 Million Worth Of Bitcoin And Bitcoin Cash Allegedly Stolen In A SIM Hack
We all need to be careful with our phones and wallet, once people know what you are into you can easily become a target too, it's better no to keep telling everyone that you are into crypto investment, it should be something of secrecy
Basically the victim has not realized that it is a fraud because it concerns each other's personal data, this is a way or trick of a fraudster to launch the action. Do not stop there, fraudsters always update the way to attract the victims not to suspect and get into a trap
Scammers have different scamming techniques, some have to offer something too good to tempt people and this is different from hacking innocent people's wallet or bank account, those who get tempted by scammers offer are greedy people
Yes, and greedy people often do not use research or research on the offer given by scammers, so they will be very easy to be tempted and become victims of perpetual fraud, this is what we really regret until now and hopefully we are not included in the group of people greedy people.
You can Include Phone's bluetooth features. I read in an article that with your phone's bluetooth for a longer a time can automatically install malware to your devices where it can retrieve your personal informations it happens to the lastest versions of Android 8 or 9. So just Open your bluetooth when it is necessary.
We should bear in mind that scammers have a lot of strategy to their victims, especially with the innocent ones, where they target their accounts by getting from fraud kyc, and also e-mailing to gmail accounts while some would click the bait until now this strategies are done by fraudsters and scammers.
~
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
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
Yeah, the OP is right on point. I believe he is from a developing country. Well, that is on a lighter mode.
However, I think the truth needs to be spoken. The fact is that, those who charge their phones in charging outlets, come from either developing or underdeveloped nations.
I am also from such a place, which makes me be able to relate well to the points he has made. Which I know is true.
That does not also eliminate the developed worlds, because, in one way or the other, scammers might also find ways to reach out to your sensitive gadgets or devices.
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
Reading this ost alone tells me that the height of the nefarious activity by scammers has exacerbated in this recent times. Loads of means have been deployed by these scammers that rip people off their hard earned money. They also send emails with links that also mirror your system and make it susceptible to attacks. they can also use your social media accounts to lay claims of familiarity and also a previous employer and these are often heeded by those who are ignorant of their tricks
Your third point is common in countries or areas where power supply is not regular.There are more to it, such as ,scammer will design an attractive project site to get people, some time they send email on behalf of a project , and ask for their detail as a matter of urgency that they may not receive their token, if not submitted at given time and they get scammed.that KYC was even more advantage to scammers. And not really fulfilling much Advantage to many of us. We all need to be
watchful against them.
watchful against them.
Everyone should be aware of the possibilities of fraud, we are in crypto and we are dealing with a high risk investment.
As for me, I already experience some of the fraud attempt on me but I always do the right decision to avoid it, as long as we are educated, I think we will be safe.
we need to start it with our account by making it safe, for example we have to put 2FA security, that should be basic now.
As for me, I already experience some of the fraud attempt on me but I always do the right decision to avoid it, as long as we are educated, I think we will be safe.
we need to start it with our account by making it safe, for example we have to put 2FA security, that should be basic now.
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