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Abstract:According to the anti-fraud authority, generations born in the 1980s and 1990s are most vulnerable to scams.
According to the anti-fraud authority, generations born in the 1980s and 1990s are most vulnerable to scams. Among this group, people aged 26 account for the largest proportion. Therefore, tricks commonly used by swindlers are disclosed as follows:
1. Tempting traders with handsome profits
Swindlers often post the situation of high returns on social networks or show it to investors by promising, in a bid to entice them into investing.
2. Making use of emotional needs
Based on data at present, divorced women are most vulnerable to romance scams. Swindlers increase their credibility through blandishments, inducing them to take the risk of investing.
3. Utilizing ‘herd mentality’
Scammers pretend to be highly profitable on social networks, enticing traders to follow like sheep under group pressure.
4. Taking advantage of peoples sympathy
When investors suffer losses, their so-called friends online who have lured them to investment before will fish for their compassion by sadfishing, in order to prevent them from suspecting or calling the police.
In conclusion
According to the aforementioned information, swindlers are good at exploiting human nature, which causes naive young people to be deluded easily!
As a reminder from WikiFX, please be cool-headed when ‘golden opportunities’ pop up! You are well recommended to check the qualifications of forex platforms and distinguish the true from the false before making deposits.
WikiFX, a forex broker info search tool, is popular among global senior investors! (bit.ly/wikifxIN)
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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Recently, WikiFX scam exposure system has received numerous broker complaints and in most of the cases, the scammers induced users to deposit money to invest on their platforms through online dating and it caused huge economic losses to some users.