Financial frauds and scams are rampant in recent days just because of the fact that the youth of nowadays are not able to work or go to school. They are ready to use any means to siphon the hard earned money we have. There are countless types of financial frauds which we must always run from. Getting involved with them would make you lose what you have worked for. Can I say this is happening just because of the situation of the things around or what?
Nikita Belokhonov
Have you heard of identity theft before?
This is the most common fraud in town. They would ask for your bank details or account details. After hacking your account, the only way to get their account activated is to find ways of getting in touch with you either by texting you or by putting a call through to you just to release your account details for them. When you do, your account will no longer be yours but will become theirs. This is why we all need to protect our account not in social media or in the bank. After calling you to give them some fragile information, your account would be termed empty most especially bank accounts.
Phishing scam i s involved providing the scammers with your personal details such as account password, username, seed phrases, keys and the likes. They come out as a nice group of people in disguise. They pretended to be a nice and good set of people but hiding under that said name. These people are dangerous. They can empty your hard or soft earnings. They are always finding a way to make victims suffer.
When scammers acquire such information, consider your account gone.
Investment fraud is something we must not draw closer to. Nowadays, when your social media account has been fraudulently collected from you, they would start using it as investment fraud. So many people who might know you would be thinking it's what you have done and yielding you perfect income whereas someone else is using your account to acquire wealth by defrauding people. Sometimes they may come as people who are so night trying to turn your medulla oblongata just to adapt to their tricks. So many people have fallen for them and are suffering for accepting them. This is just like these PONZI SCHEMES.
The truth is that you just need to be careful who you release oi details to. So many are out there trying to use your name to get your account to themselves. You need to take proper measures just to run from the scammers..
