FTC Warns of Social Media Scammers Exploiting Trust

The Federal Trade Commission (FTC), is a advanced government organization whose biggest objective is to protect consumers from fraudulent and unfair business practices has recently published an important new cautionary statement advising consumers that scammers are increasingly using social media to try to trick them into sending them money.

In order to steal their money or sensitive data scammers will work endlessly to deceive victims via social media sites . These social media applications are intended to enable users to interact with their friends and post online status updates, photographs, and videos. However, it has become a primary source of theft and fraud.

The FTC explains that these online scammers are contacting people directly through social media messages and chats. They pretend to be someone you know, or they might claim you won a contest. The scammer willl loop you in by saying that you need to send them money first before they can deliver your prize. But this is just a trick - there is no real prize. The scammers disappear with your money once you send it.

Some specific scams the FTC has seen lately include:

A message that looks like it’s from a relative or friend saying they’ve been robbed and need money urgently. But it’s really a scammer pretending to be your loved one.

A fake notification that you won a lottery or major prize. But you have to pay “fees” or “taxes” before you can claim it.

A pop-up ad or message claiming you were “selected” for a free gift card to Amazon or Best Buy, but it requires you to share personal info or pay a small shipping cost first.

In each case, the scammers are lying to try to steal money from you. The FTC reminds people to be very cautious when contacted by someone you don't know seeking money online. They advise not sending any money unless you can positively verify who the person is. If a stranger promises you got lucky and won a prize but asks for money first - it’s nearly always a scam. Don’t give them your hard-earned money!

The FTC warns these social media scams can sometimes appear very convincing. The scammers are skilled at gaining people’s trust. They may have profile pictures and information that makes them seem real. Or they will mention details to make it sound like they truly know you or your family. But no matter how authentic a request seems, it’s wise to double check by calling the person separately before sending any money.

If you ever suspect a scammer has contacted you online, the FTC says to tell a parent, guardian or other trusted adult right away. They can help determine if it’s a legitimate request or potential scam. You should also report the incident directly to the FTC to help protect others from falling for the same trick. https://www.lapost.com/from-pandemic-frauds-to-charity-deceits-the-rising-threat-of-online-scams/

On their website at ftc.gov, the FTC shares more examples of current scams to watch out for. They also have advice on how to identify red flags of a possible scam, like being asked to pay in difficult ways such as by gift card. Protecting yourself online means staying alert to any suspicious requests for your money or information.

By quickly reporting scams, we can help warn others and prevent these deceitful crooks from harming more innocent people. Together, we can make the cyberworld safer.