Saturday, September 12, 2020

Scam Victims Lost More Than 3 Millions

In the news, police are investigative 261 people after scam victims are cheated more than 3 millions dollar.

Internet love scams, eCommerce scams and Loan scams already very long old times scam but still many people still get tricks into parting their hard earned money to such old tricks.  It goes to show that money scams are a lucrative business that will be here forever and ever. 

Nowadays, monthly at least, my phone will get an unknown automated calls about DHL parcels, my Banks account got suspicious money movement blar blar blar, I just have to cut off the calls and then block the numbers.

All these scammers uses 3 common human desires which is money, love and fear.  Secondly, scammers use the large numbers  logic where someone naive is going to take their calls and gave them their hard earned money. 

You may think why is this possible?

It is possible as all human are born differently and there are people who are inborn with DNA weakness beyond their own control.  Then there a some who maybe facing life difficulties where someone they loved are gone etc.

To conclude, there are no solutions towards the scammers due to good returns are we just have to be careful and take care your loved ones who maybe vulnerable at certain points of time.

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