Social Media Fraud: How Victims and Fraudsters Become Victims

Fraudsters use fake profiles to lure people looking for contact on social media into a trap. The scam is meticulously and psychologically extremely cleverly tailored to the unsuspecting victims. After weeks of harmless exchanges about sports, travel and favorite foods, fraudsters change course and sprinkle messages about supposedly lucrative investments on crypto exchanges into the correspondence. Because they initially pay out profits, the victims do not become suspicious. But the crypto exchanges are fake