Romance Scams
Romance scams are another traditional scam that has crossed over to the crypto space. In this scam, a con artist forms a relationship with someone they have met online. The relationship usually develops quickly, with professions of love soon made by the scammer. A tell-tale sign can be that the scammer never agrees to video calls under an excuse like a poor Internet connection.
Once the scammer has tightened their grip over the victim, they tend to employ tactics to extract money, such as distancing themselves and, when questioned, claiming it is due to financial hardship or caring for a sick family member who needs treatment they cannot afford. In other cases, they want to meet the victim but cannot afford the trip expenses. In all cases of this type of scam, the scammer claims they need funds urgently while promising repayment, which never arrives.
Measures to Help Avoid Romance Scams:
Think rationally rather than emotionally if you meet someone whose behaviour fits the description above
Never having seen the person (even on a video call) throughout the relationship is a red flag for scams
Relationships that develop very quickly are another cause for concern that may signal this type of scam
Scarcity is a word that suggests there is a perceived limited supply of something and there might be an opportunity to tap into that supply, you will most probably feel an urgency to do so. Many people who would otherwise not provide a credit card or bank account number will do so if they are confronted by such a situation. One of the biggest ways fraudsters manage to scam people is to make you think that it’s now or never opportunity.
We are all constantly bombarded with information from so many directions at once. There are Emails, blogs, forums, text messages, and, of course, the ever present and ubiquitous social media on Facebook, Instagram, Twitter and lots of other social networks. We see serious news and articles, jokes, memes, updates from friend feeds, business messages, spam and hidden amongst this ever present stream of data is of course, Scams as well.
On our website we will focus on some of the more common scams and we will dig deeper into how they operate, what to look out for, how to avoid them and how you can potentially get your lost funds back.
Binary options scams
CFD’s Trading
Crypto scams
Credit Card scams
Forex scams
Lottery Winning
Online Banking scams
Dating scams
Ponzi and Pyramid scams
Sports book scams
Tax Fraud scams
Work from home
We also put together other types of scams below that criminals have mastered at re-inventing and in some cases have simply re-cycled to find new victims.
Advance Fee Inheritance Scams, Agribusiness Scams, Carbon credit Scams, Credit Trading Scams, Charity Scams, Diamond Scams, Early Pension Release Scams, Fortune Telling Scams, Gambling & Casino Scams, Insurance & Warranty Scams, iTunes Gift Card Scams, Land Bank Investment Scams, Loan Fee Scams, Parking Ticket Scams, Rare Metal Scams, Real Estate Scams, Share And Bond Scams, Small Business Scams, Student Loan Scams, Travel Prize Scams, and Unregulated Investment Scams.