Money fraud is fast becoming one of the world's biggest problems when it comes to Web scams. In the USA, many unsuspecting users continue to be victimized by fake job offers and bogus investment opportunities. A lot of American users also fall for confidence scams and social manipulation tactics that are designed to con them out into giving away their financial information and private credentials. These are then used by thieves to commit credit card fraud, money laundering scams, product fencing operations and other illegal activities on and off the Internet.
New phishing attacks designed to steal a user's personal information and financial details were reported throughout the USA at the beginning of 2017. These mainly targeted American users of Netflix, a popular video streaming platform. Lots of victims posted scam complaints and filed Web crime reports in Big Scammers against these phishing messages, which tricked them into giving away their Netflix account credentials, personal profile details and payment information. A couple of weeks thereafter, some of the same victims reported that they were targeted for money fraud and other bogus money-making opportunities.
It's a good thing they learned a great deal about the newest types of money fraud in the USA from the user-generated content repository of BigScammers.Com. Otherwise, many of them would have fallen for these confidence schemes and fraudulent tactics, which could've caused them to lose a lot of money and waste their time and energy. In case you don't know any of these newest forms of money scams in the USA, then here are some of the most prevalent ones to get you started on the right foot towards educating yourself about the latest Web scams at the moment:
Newest Forms of Money Fraud in the USA This Year
1. Pre-Payment Scams - These are designed to lure users with irresistible offers of lucrative job placements, huge winnings and profitable money-making opportunities. These are mainly distributed through phishing messages sent out via email, as private messages in popular social networks and as chat correspondences in widely used instant messaging tools. The money fraud component of these scams is for fooling users into sending money through cash-only remittance outlets.
These money requests are disguised as payments for service deposits, shipping fees, processing charges and delivery costs. Since this money fraud requires users to send payments through cash-only remittance centers - Victims wouldn't be able to recover their money, and this also makes it difficult if not impossible to track down and identify the authors of these pre-payment scams.
2. Conveyancing Scams - This money fraud is much bigger in the UK, but significant numbers of victims in the USA have also posted complaints in Big Scammers among other online communities against these conveyancing scams. The target victims of this scheme are property buyers and sellers, along with their brokers and solicitors.
Crooks who operate this money fraud intercept digital communications between their target users. They gain access to the contact details of their intended victims through stolen data packages that are sold by other criminals in the Deep Web. These are mostly from hacked online databases of popular property brokers and solicitors in their target countries.
They then send out deceptive messages from spoofed email addresses and private messaging accounts to their target victims. They trick users into believing that their brokers are announcing some official changes to the bank accounts that are set to receive payments from property buyers. Many victims continue to fall for this money fraud, losing huge sums of money from their savings.
To avoid similar tactics and schemes that are used for the latest forms of money fraud today, you should get timely updates about the newest ways that crooks and organized criminal syndicates are doing to victimize unsuspecting users. You can do this by signing up at BigScammers.Com - You'll get real time alerts and instant notifications straight in your email inbox.
