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cover of episode SCAMS THAT TAKE PEOPLE IN MOST OFTEN...

SCAMS THAT TAKE PEOPLE IN MOST OFTEN...

2022/2/27
logo of podcast Scam Squad

Scam Squad

Shownotes Transcript

Investment Scams take people in most often followed by romance scams. Oftentimes, scammers are able to trick their victims by using information found on social media sites such as Facebook and Instagram. While it's often assumed that seniors are scammed most often, people between the ages of 18 and 39 are twice as likey to report losing money to scammers. The phony kiidnapping scam, (where a scammer demands ransom money in exchange for the release of a loved one), continues to terrorize victims. In reality, no one is kidnapped but once again the scammer uses information found on social media, giving them convincing details to make the kidnapping believable so that their ransom will be paid.