Not everyone using online dating sites is looking for love. Scammers create fake online profiles using photos of other people — even stolen pictures of real military personnel.
According to the FTC, reports of people losing money to scams that started on social media more than tripled in Scammers create fake social media posts and profiles to convince you to share your personal or financial information. If you provide your information to the scammer, it can be used to access your bankmake fraudulent purchases, or steal your identity.
Instead of creating a fake profile, scammers may take over an existing one. This can happen when a scammer steals a username and password through a data breach, phishing, or malware.
Scammers create fake social media profiles and use the promise of love to trick naive victims into sending them money. They may use a fictional name or falsely assume the identities of aid workers, military personnel, or professionals working abroad. Once they gain your trust, they may claim to need funds for an emergency or other hardship and convince you to share your information or send money before disappearing. Some telltale s of this scam include poor or vague communication, flowery language, a small of Facebook or Instagram pictures and posts, or a Twitter with just a few tweets.
They may ask you to report your card lost or stolen or that your username and password have been compromised in order to seek reimbursement from your bank.
In exchange, scammers promise you a portion of the money you deposit. After gaining access to yourscammers can transfer money or deposit phony checks and quickly make withdrawals before your bank identifies the bad checks.
Pull the plug on social media scammers
Not only are you robbed of your money, but you may also face hefty fines and criminal charges because your participation in this scheme makes you a co-conspirator. The phony employer may also send a new employee a fake check before their start date and require them to send some of the money back to pay for training or supplies.
If the employee deposits the fake check, they will be responsible for the check amount and any money sent to the scammer. Comienzo de ventana emergente. Pull the plug on social media scammers. You are leaving the Wells Fargo website You are leaving wellsfargo.
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Cancel Continue. To help stay safe online, learn to recognize these common social media scams. Scam 1: Social media phishing Scammers create fake social media posts and profiles to convince you to share your personal or financial information.
Common ploys include: Requests to report vaccine side effects Offers to receive grants or government benefits Deep discounts on expensive products Requests for charitable donations If you provide your information to the scammer, it can be used to access your bankmake fraudulent purchases, or steal your identity.
Scam 2: Hacked profiles with requests for money Instead of creating a fake profile, scammers may take over an existing one.
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Scam 3: Online dating Scammers create fake social media profiles and use the promise of love to trick naive victims into sending them money. Tips to help avoid social media scams Do set your profiles to private and restrict your social media contacts to people you know personally. Do be on the lookout for suspicious posts, including limited-time offers, discounts that seem too good to be true, and requests for personal or information. Do be wary of individuals you meet through social media sites, especially if they promise romance before you've met in person.
Do create a unique username and password for each app and website you use to help protect against unauthorized access across multiple s.
If you receive a request from a friend or family member for money, always contact them using a different method to make sure their profile was not hacked. My Financial Guide.