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Billions stolen each year by internet, cryptocurrency fraud. How to avoid scams – InsuranceNewsNet

bitwolf by bitwolf
September 12, 2022
in Cryptocurrency
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In Patricia Highsmith’s 1955 novel “The Proficient Mr. Ripley,” a con man who convinces the elites that he is a Princeton graduate goes on to dupe his manner into excessive society and spend lavishly at high-end shops by way of forgery and different unscrupulous strategies.

Had Tom Ripley been alive right now he’d seemingly be hacking his option to wealth and creating his bogus backstory of success on social media websites.

More and more, criminals are following the cash that flows on-line. Phishing, pretend software program and buying websites and tech help scams enable entry to private information and bank cards. The federal authorities and South Florida legislation enforcement say that untold billions at the moment are stolen from victims within the U.S. and overseas every year — a quantity that’s solely rising.

These hackers are the nice guys. Miami-Dade’s new cyber cops hunt high-tech crooks

The easiest way to keep away from getting ripped off, say legislation enforcement consultants and web sleuths, is to abide by a late twentieth century proverb that also very a lot applies right now: If one thing sounds too good to be true, it in all probability is.

“You may have an anonymity issue, in order that they take extra possibilities,” stated South Florida Cyber Crimes Commander George Perera, a serious with the Miami-Dade Police Division. “A lot of the web is unregulated. Now you’ve gotten crypto and it is unregulated, too. It is like a Class 6 situation.”

Listed here are some strategies by USA.gov and the Federal Commerce Fee on methods to navigate the web safely:

Keep away from utilizing the identical passwords on a number of accounts and ensure these passwords are unpredictable.

Do not give private info to unencrypted web sites. Encrypted websites start with https.

Maintain your pc software program up to date and discuss to your children about potential pitfalls.

To keep away from cryptocurrency ripoffs:

By no means pay upfront and understand that cryptocurrency funds, not like credit score and debit playing cards, don’t include authorized protections.

At all times analysis the vendor, conserving a selected eye out for civil lawsuits.

By no means combine on-line relationship and funding recommendation.

And if somebody calls you out of the blue with guarantees of giant returns, however provided that you purchase cryptocurrency and switch it to their on-line account, steer clear.

Lastly, when you consider you have been scammed, do not hesitate to contact the South Florida Cyber Crimes Activity Drive at Miami-Dade Police, or use the non-emergency quantity, 305-4-POLICE (305-476-5423) and ask for the cyber crimes unit. Or contact the FTC or USA.gov.

(C)2022 Miami Herald. Go to miamiherald.com. Distributed by Tribune Content material Company, LLC.

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