Spike in online scams: Billions lost in fraud targeting quick profits and romance

Online scams are causing billions in losses each year, with fraudsters luring victims through promises of quick profits, romantic schemes, and even fake security threats. The surge in internet-based fraud this year is unprecedented, with cybercriminals using anonymous messages to either promise cryptocurrency investment returns or falsely warn that victims’ bank accounts have been blocked. … Continue reading Spike in online scams: Billions lost in fraud targeting quick profits and romance