Phishing is often used by fraudsters and organized crime syndicates to commit money scams. The newest forms of these phishing attacks aren’t only carried out through email as it ordinarily was several years ago. After all, there are a lot of new tools and platforms that crooks can use to reach more potential victims globally. They’re in fact exploiting these technologies already, as indicated by the latest online scams and Web crimes this 2017.

RSA FraudAction claims that thieves and criminal groups sent out at least 60 new phishing attacks every 30 minutes last year. Their target recipients were unsuspecting users in a variety of countries, but Americans were targeted for no less than 48% of all phishing attacks launched last year, according to RSA FraudAction’s recent report. Many of these deceptive messages tricked users into unknowingly participating in money scams.

LinkedIn and online classified job sites are also used by many crooks for tricking users into unknowingly participating in their money scams. They post fake job offers and send messages about bogus money making opportunities to their target victims in these platforms. Other scammers directly post bogus offers and use the instant messaging tools of popular social networks like Facebook and Twitter to proliferate their fraudulent financial schemes.

Just like what a lot of fraudsters do in LinkedIn to fool users into giving away their personal details, confidential credentials and sometimes even their financial information through bogus online job application forms – There are many organized crime syndicates that set up telemarketing teams to perform their confidence schemes for stealing sensitive personal details from users, which they then use to commit their money scams. For example, they call their intended victims and pose as the official representatives of their banks, government offices, service providers and so on.

To help you quickly recognize money scams – Found below are the top fraudulent financial schemes and phishing attacks in the USA this year. These are based on the large numbers of users who have recently posted scam complaints and filed Web crime reports in the publicly accessible repository of BigScammers.Com, an online community that’s dedicated to helping regular users fight cyber fraud.

Newest Money Scams in the USA This Year

  1. Telemarketing Scams – The latest forms of these money scams are where fraudsters pose as distant relatives and long-time friends of their target victims. They inform their target users about certain emergencies where they need small amounts of cash to be sent immediately to them. Some scammers say they’re in jail for something they didn’t do, while others claim they’re stranded in a foreign country that’s unkind to tourists.

Last year, many fraudsters exploited the confusion of credit card holders over EMV replacement cards. They did this by posing as bank agents, telling them that they can get their replacement EMV cards much faster if they confirm their personal details and financial account credentials over the phone. Of course, they just stole the information that was unknowingly provided by unsuspecting users, which they then used for their money scams and other illegal activities.

  1. Fake Job Offers in LinkedIn – Aside from stealing the personal details of job seekers in this online professional network, a lot of fraudsters have begun to integrate money scams directly into their recent rogue job offers in this Web community. They entice users into their cyber traps through lucrative job offers, and victims soon realize that they need to pay certain placement and job application processing fees.

Many users have fallen for these money scams, according to the newest fraud complaints and Web crime reports in Some victims who were tricked into paying these non-existent fees even reported that their credit card accounts were used to place unauthorized payments.

Money scams come in a wide variety of forms. With new ones being distributed all around the Internet each week, expect tweaked versions to be launched in a matter of days. With this, you should sign up at BigScammers.Com to receive instant fraud alerts and timely notifications about the newest types of online fraud at the moment. This’ll help you better prepare and defend yourself against the most persistent fraudsters of the world.