The number of people who fell victim to phishing scams in 2021, according to the FBI. This is up from 241,342 in 2020, for a 34% year-over-year increase. The Internet Crime Complaint Center, or IC3, received an average of 552,000 complaints per year over the last 5 years, representi...
While the Counterfeit Return Scheme predominantly targets sellers, buyers aren’t entirely immune. Unlike the direct effect that Shopify scam stores make, the ripple effects of counterfeit return scams can indirectly impact genuine buyers in various ways. Higher Prices: To mitigate the losses from suc...
Even if a real product is being sold, an MLM company floods the market with affiliates, meaning no one makes any meaningful money, and it saturates the market. How to Identify This Scam: These scams often ask you to promote a fake business or product like a get-rich-quick scheme, dietar...
The message will ask you to click on a link in the email or open an attachment on the email to update your account information or verify something about your account. Employment Scams Employment scams are another common scam. They prey on the vulnerabilities of job seekers. The scammer usually...
DeFi protocols are permissioned protocols meaning that everyone can participate. However, the ease of using DeFi protocols has attracted fraudsters and scammers who have stolen millions of dollars from unsuspecting consumers. What is a DeFi Scam? A DeFi scam works in the same way as fraudulent ...
Paris is one of our favourite cities to visit, but it does have a bit of a reputation as having a number of common scams. In this post, we’re going to go through a number of common Paris scams so you can enjoy your time in the city, and not worry about falling prey to a scamm...
In my book,The Art of Explanation, I wrote that “Facts give stories substance. Stories give facts meaning.” You can think of AI as a (sometimes untrustworthy) fact and idea machine. It provides the substance and often, that’s not enough. Our task is to package that substance...
(If a company requires you to buy their products and/or recruit other salespeople but insists you’ll get to “be your own boss” and “run your our business,” run for the hills.) And check out theFTC’s breakdownof how to avoid common real estate and investment scams. Once you ...
In my book,The Art of Explanation, I wrote that “Facts give stories substance. Stories give facts meaning.” You can think of AI as a (sometimes untrustworthy) fact and idea machine. It provides the substance and often, that’s not enough. Our task is to package that substance...
To prevent falling for phishing blockchain scams, one must always check the contact’s email address. Often, the email will be full of random characters instead of an actual website name. Otherwise, never click on a link in a suspicious seeming email. If there may be a legitimate security...