5 Minute News

Rise of Online Scams and Their Tactics

October 20, 2024

Every year, large amounts of money are lost to online scams, with fraudsters taking advantage of new technologies and the emotions of their victims. This year has seen an increase in such scams, offering investment opportunities in cryptocurrencies and making false threats regarding blocked bank accounts. The perpetrators use various tactics, such as fake identities and romantic offers, to deceive unsuspecting citizens. The police receive thousands of reports annually regarding these types of incidents.