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Mix two hot trending names cryptocurrency and Elon Musk and, well, you ve got a recipe for ripping people off.
During the past six months, consumers reported losing more than $2 million in cryptocurrency to Elon Musk impersonators, according to a May report by the Federal Trade Commission.
Face it, Las Vegas wouldn t be Vegas without Elvis impersonators. And scams often aren t the same without impersonating some celebrity, such as Tesla CEO Elon Musk.
As the Bitcoin buzz has been building, scammers have been dangling bogus investments, pretending to be someone else at times and duping consumers in record numbers.
AARP Maine Mon, 05/24/2021 - 8:30am
The post-pandemic pent up demand for travel has the summer travel industry booming. But rather than looking to hotels for overnight stays, travelers are increasingly looking at home rentals. While these properties offer privacy and distance from crowds, they could pose threats to consumers’ wallets.
Crooks steal photos and descriptions of properties on real estate websites, then advertise rentals at rock-bottom prices. After a deal is struck typically by email renters are asked for payment upfront – often by purchasing a gift card (Google Play is a common one) and sharing the numbers off the back. When they arrive, they discover that the rental doesn t exist, or that the actual owner isn t renting it.
Sunday Seniors: Protect yourself from COVID-19 scams
Published: 5/24/2021 4:57:58 PM
Over the course of five months, Elliott Greenblott tallied more than 220 COVID-19-related scams targeting Twin State residents.
That number likely only scratches the surface.
“Sometimes people will say there is nothing new under the sun; that’s true with scamming as well,” Greenblott, the Vermont coordinator of the AARP Fraud Watch Network, said prior to a virtual presentation hosted by the Dartmouth-Hitchcock Aging Resource Center last Monday. “A lot of scams that I am seeing have to do with home improvement, and the COVID twist is home air purifiers that will get rid of viruses.”
Sunday Seniors: Protect yourself from COVID-19 scams
Modified: 5/22/2021 9:46:07 PM
Over the course of five months, Elliott Greenblott tallied more than 220 COVID-19-related scams targeting Twin State residents.
That number likely only scratches the surface.
“Sometimes people will say there is nothing new under the sun; that’s true with scamming as well,” Greenblott, the Vermont coordinator of the AARP Fraud Watch Network, said prior to a virtual presentation hosted by the Dartmouth-Hitchcock Aging Resource Center last Monday. “A lot of scams that I am seeing have to do with home improvement, and the COVID twist is home air purifiers that will get rid of viruses.”
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