Young Adults Falling Victim to Online Scams

Scammers target the homebound crowd, especially those who are lonely and stressed. As a result, more young adults are falling victim to online scams. Some of the most common are posed as Nigerian princes, while others are more subtle and targeted at the young. The best way to protect yourself is to slow down and be aware of your surroundings. To be on the safe side, it’s essential to take some time off and learn more about fraud and thievery.

Romance/Catfishing Scams

Another growing trend is romance scams. As the Federal Trade Commission reports, romance scams have increased among young people compared to the rate for those aged 45-49 years. The age range that experienced the biggest increase is 18-29 years old. There is no definitive reason behind this increase but there are some theories. A new epidemic of the coronavirus has made loneliness a bigger factor in this situation. In addition, phony crypto investment schemes may provide new tools to romance scammers.

Instagram Influencers Scams

A growing number of young adults are falling victim to Instagram influencer scams. The scammers use fake accounts to pretend to be influencers and host fake contests, requiring a fee or bank account details. These “winners” then use their identity to steal from their victims. Be wary of jobs that sound too good to be true and never give personal information without investigating them first. It is important to remain vigilant about these scams and avoid getting taken advantage of.

Job Scams

The latest trend among young adults is the job scam. Despite the lack of jobs available for youth, job scams took advantage of this problem by requesting an advanced payment for training. The fraudsters then use this information to steal money and identity. It is essential to be wary of any job that looks too good to be true. If the job seems too good to be true, it probably is. Moreover, don’t give out your personal information to anyone without checking the company out first.

It’s important to be aware of the latest trends on the internet. If you’re looking for a new job, or are looking for a new place to spend your weekends, you should be aware of these dangers and make yourself more knowledgeable. In this way, you’ll be better protected. A lot of online dating scams target people under the age of 20. You’ll be able to avoid falling victim to these scams if you’re careful with your online dating.

Instagram Scams

Scammers target young adults through Instagram. A recent study conducted by social networking website Social Catfish shows that there is an increase in the number of under-age scam victims. In addition to the Instagram influencer scam, this one targets the internet. Scammers create fake accounts that look like influencers and host fake brand sponsored contests. In exchange for winning the contest, the fraudster will ask for a bank account and payment for the winnings.

Young Adults Falling Victim to Online Scams – Conclusion

Another common type of online scam involves the use of fake profiles. Scammers create fake profiles and use their victims’ personal information to drain bank accounts and commit identity theft. The best way to avoid falling victim to these scams is to be careful and aware of what you’re doing. In case you’re a victim of an online scam, always remember that there are reputable websites (like the FTC) that will protect you. They will be more likely to protect your information.

I hope that you found this information to be useful. If so, please like and share this widely to protect others! If you would like to be notified of my new posts, just subscribe above. Most of all, stay safe out there!