NFTs offer an exciting new way to collect, trade, invest, and store digital information. Like all things digital, however, there’s always the risk of scams.
Tag: financial scam
3 Financial Scams of 2022 and How to Avoid Them
If you ever look in your spam folder, you would likely see many emails telling you that you’ve inherited money from a distant relative or won the lottery when you never bought a ticket — obvious scams. Yet, there are other creative ways scammers come for your money that are less apparent. To avoid these, here are a few examples and how to avoid falling victim to them.
This Financial Scam Targets Lonely Hearts
In March, the FBI warned the public to be on the lookout for romance fraud that caused about $1 billion in losses during 2021. Romance scams are a widespread problem, with the Federal Trade Commission reporting they resulted in $547 million in losses and rose 80% in 2021.