This article will discuss various scams that you should know so you will not get fooled and victimized. One is about threats & extortion and the other is jobs & investment. These scams involved money and life-threating so it is important that you have some knowledge about these schemes.
Understanding Threats & Extortion Scams
There are three types of threat and extortion scams like hitman scams, malware and ransomware. The threat and extortion cyber criminals will do anything to steal your money and identity including threats that endanger your life or hijacking your computer.
This scam is dangerous if they were successful in convincing you that you need to install software you are giving the scammers the opportunity to access your files and see all your transactions. The scam works by:
- Malware cyber crooks send social media messages and emails randomly with links suggesting you to watch certain videos like news, event or something that will interest you.
- Upon clicking the links you will be redirected to a fraud website that appears to be a real one, complete with branding and logos just like legitimate sites. To be able to watch the video, you will be required to install software, like codec to access the video format. The download is malicious software that can infect your computer and affect its performance.
- Using pop ups and websites is another way of sending a malware scam. They offer free file downloads, movies and games, free access to content like adult sites or music.
- Once the cyber criminals get access to your files they will be able to watch your transaction on your computer. They will use the malware to steal your personal information and execute fraudulent acts. They can make unauthorized purchases using your credit card, or they can steal your identity to open an account like energy services, phone or banks. They can claim loans under your name or perform other illegal business using your name, or even offer your information to other scammers so they can use it as well.
- It is a type of malware the restricts or blocks access to your files or computer, and mandates a ransom that you should paid to the cyber crooks for them to unlocked your system. Basically, the infected computer display messages to encourage, persuade, and convince you to pay the ransom. These scammers may introduce themselves as someone with authority like a policeman and accuse you of committing an illegal act and should pay a fine, or they may simply ask for payment to help you unlock your computer. After paying them the ransom, there is no assurance that your computer will be unlocked.
These hitman scammers will threaten you if you will not give their demands and ask you to pay them thousands of dollars in order to spare you. This is how the scam works:
- A crook will pretend to be a hitman. He will contact you and tell you alarming things that will scare you and even tell you that he was hired by someone to kill you. However, if you can pay the amount they will ask from you, they will spare you. They will contact you via text messages and email. The text message appears to be coming from another country, or the number could be blocked.
- An example of the message reads as follow: “Someone paid me a big amount of money to kill you. If you want me to spare you, you should send me $5000 within two days. If you tell anyone or the police, you will die. I am watching you.”
- The cyber crooks will inform you where to deposit the money and an email address will be sent to you to confirm the receipt of the ransom, and they will ask you to provide some personal details including your bank account information.
- The message usually contains a strong warning against seeking help legally or calling the police.
- The scam is drafted to scare you to death so that you will send the ransom without seeking any further help or information.
Protect yourself against these scams by keeping yourself updated about the latest scam. You can visit our blog SubmitScams.com and learn more about each type of scams. Don’t get victimized, be alert all the time and report any scam you encounter online.
Have you been Scammed?
Scammers are getting better these days and they are increasing in number, if you are one of their victims or received a scam email you can report them to us at SubmitScams.com. You should inform your family, friends and colleagues to keep them safe. Read our blog SubmitScams and know the latest scams that people report to us and keep yourself protected against them.
If in case you have provided these scammers your passport, bank account details, or other personal information call your bank, financial institution or other agencies right away to inform them.
Please help us to warn people about internet frauds by reporting them: Submit Scam.