BBB warns of rise in investment scams involving cryptocurrency

Con artists will often use romance to lure you in – and oftentimes, they use cryptocurrency as well, according to the organization. It’s that layer of confusion that makes it easier for criminals to go undetected, the BBB explained.

In other cases, people sign up after seeing posts about investments on a friend or family member's Facebook page. Unbeknownst to them, those Facebook pages have usually been hacked. "We're seeing a lot with cryptocurrency where they want you to buy investment cryptocurrency because nobody really understands that," said Steve Bernas with the BBB of Chicago and Northern Illinois.Consumers lost more than $4.6 billion to investment scams last year - more than any other scam category, according to the Federal Trade Commission.Feeling out of the loop? We'll catch you up on the Chicago news you need to know.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Breitbart Business Digest: Many Americans Don’t Believe Inflation Is Getting BetterSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Herkunft: BreitbartNews - 🏆 610. / 51 Weiterlesen »

How To Properly Evaluate Data For Better Business DecisionsThis article argues that business leaders should avoid blindly accepting or rejecting data presented to them. Instead, they should engage in rigorous discussions to assess the evidence's validity and applicability to their specific situation. The authors provide a systematic approach to evaluating data, including separating causation from correlation, considering sample size and generalizability, and looking for corroborating research.
Herkunft: HarvardBiz - 🏆 310. / 63 Weiterlesen »