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Biggest instagram scams that are still going on

Written By Socialfollowersau on Wednesday 26 August 2020 | August 26, 2020


Scammers are now using social media to advance their malicious agenda. Scams are common on Instagram, and users are becoming scams that undermine their security and steal their money. The FBI reports that the number of complaints from 2008 to 2016, on social media about a romantic scam filing an increase of 2017 percent.
Brand social media managers, regular Instagram users, and influencers are at risk of being deceived. It is important to educate yourself about various scams to protect yourself.
Steal money and target the military

Putting money is a popular financial scam on Instagram. The scam involves cybercriminals and causes victims to send them money as "investments." They make the victims seem to be investing in a business model that allows them to increase their funds immediately. To make matters worse, these cybercriminals target pictures and texts.
Fox zero analysis of thousands of lucrative Instagram account. They found that positions usually consist of military terms and labels, with military-related images, to attract those in service. Scammers target military personnel because they are familiar with overseas cash transfers and use the distance between military personnel and their families to promote their money-making plans.
Military special banks also have faster transaction speeds and larger withdrawal limits, which can provide services to their overseas customers. Cybercriminals targeting military personnel have the opportunity to withdraw large sums of money before the bank’s anti-fraud detection system freezes the account. Remember, reputable banks will never request personal information through social media platforms!

Powerball jackpot scam

Mavis Wanczyk became the only winner of the Powerball jackpot, with total prize money of US$75.85 billion. The crooks quickly took advantage of Wangchick's popularity. More than a dozen fake accounts were created in her name on social media. These accounts promise some bonuses to other users in exchange for likes, comments, and personal information.
Boston Chicopee Police Department issued a statement warning about these fraudulent accounts. The police urge the public to avoid sending sensitive information to these accounts. They also encourage users to report accounts to prevent them from defrauding more people online.

Counterfeit brand accounts

It is not uncommon to find fake accounts on Instagram that look like official brand accounts. The following post is not provided by Best Buy.
Scammers use subtle changes in the company's official name to create accounts to attract large customers, thereby including victims in their plans. These fake accounts are known for hosting giveaways that promise gift cards and cash rewards in exchange for social signals, such as comments and feedback, or sometimes sensitive personal information.
Gifting accounts not only gives victims false hope but also compromises their online security. Victims who give accounts are more vulnerable to online hackers. The only act of sharing sensitive information with cybercriminals exposes you to various threats that can compromise your online security.

Instagram boutique scam

Today, you can do most of your shopping without leaving the house. Recently, the number of boutiques on Instagram has steadily increased. These stores sell clothes, cosmetics, and goods in between, such as the abominable items that Nike has never produced:
Although there are Instagram boutiques that provide excellent service to their customers, there are also quite a few established boutiques that are known for their cunning business models. Hundreds of customers complained that they bought cheap and ugly clothes through various Instagram boutiques.
Online shoppers everywhere are posting certificates to expose cheap clothing scams on Instagram. Despite efforts to report these suspicious online businesses to the appropriate authorities, many of these companies continue to operate and have thousands of followers who continue to succumb to their money-making plans. Before you order any products online, please investigate and learn as much as possible about the company you want to buy. These same principles apply to research when Buy Instagram followers. You must only buy from a reputable provider, and the provider should guarantee that it can deliver on its promises. Although there are some scammers in this industry, we have spent some time testing and reviewing hundreds of providers to understand which providers will provide the most value. Please read our reviews before ordering to ensure that you will not be deceived like the above items.


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