In today’s interconnected world, social media has become a hotbed for various scams targeting unsuspecting users.
These scams are evolving rapidly, leveraging the trust and openness that social platforms foster among their users.
Here are some of the latest scams circulating on social media that you should be aware of:
1. Fake or hacked shop accounts:
This is an example of a recent fake/fraudulent account impersonation, which Bonmarche has alerted their customers about:
2. Phishing scams
Phishing remains one of the most prevalent scams on social media. Cybercriminals create fake accounts or hijack existing ones to send messages or posts that appear legitimate. These messages often contain links to malicious websites that mimic trusted brands or services. Once clicked, these links can steal personal information or install malware on your device.
3. Fake giveaways
Fake giveaways promise extravagant prizes in exchange for likes, shares, or personal information. Scammers capitalise on the viral nature of social media by impersonating well-known brands or influencers. Users are lured into participating, only to find out that the giveaway was a hoax designed to collect data or promote unrelated products.
4. Investment scams
Social media platforms have become a breeding ground for investment scams promising high returns with minimal risk. Scammers create enticing posts or ads promoting fake investment opportunities in cryptocurrencies, stocks, or forex trading. They often use fake testimonials and misleading information to dupe users into making financial commitments.
5. Romance scams
Romance scams target individuals seeking companionship online. Scammers create fake profiles on dating or social networking sites to build relationships and gain trust. Once trust is established, they manipulate victims into sending money or sharing sensitive information under false pretenses.
6. Impersonation scams
Impersonation scams involve hackers creating fake accounts impersonating friends, family members, or public figures. They use these accounts to deceive others into sending money or divulging personal information. These scams exploit the familiarity and trust within social circles to perpetrate fraud.
7. Charity scams
During times of crisis or natural disasters, charity scams surge on social media. Scammers create fake donation pages or posts claiming to raise funds for victims. They exploit people’s generosity and compassion to collect money that never reaches the intended beneficiaries.
Protecting yourself
To avoid falling victim to these scams, follow these essential tips:
Verify sources:
Always verify the authenticity of messages, profiles, or posts before clicking on links or sharing information.
Think before you click:
Be cautious of unsolicited messages, especially those promising rewards or asking for personal information.
Secure your accounts:
Use strong, unique passwords and enable two-factor authentication (2FA) to protect your social media accounts.
Educate yourself:
Stay informed about the latest scams and share this information with friends and family to raise awareness.
By staying vigilant and informed, you can protect yourself and others from falling prey to scams on social media. If you encounter suspicious activity, report it to the platform and warn others to prevent further exploitation.
Mother of three grown-up daughters and a proud grandma too, I am the ultimate multi-tasker and am passionate about my role as Silversurfers Website Editor and Social Media Manager. Always on the lookout for all things that will interest and entertain our community. Fueling fun for the young at heart!
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