First Strike Solutions- Countering Cons, Scams, Thefts

AI Voice Scam

A new worry con known as spoofing involves callous thieves masking their phone number to appear as a trusted contact such as a bank, government body or loved one.

    While it's been around for a while, it has become more nuanced with the evolution of AI technology that can imitate the exact  voices of people you know.

Recommendation: If the call is suspicious; ask a question that only they would know the answer. 

Reference: 60 Minutes reporter Amelia Adams uses AI technology to replicate her voice and 'scam' her colleague | Daily Mail Online

How to Spot a Scam email

 

1 ‘Your delivery was unsuccessful’

One of the biggest phishing scams plays on the idea that you have missed a delivery, says Bluvshtein. "As a result, you will usually then be asked for personal information, like your name and address. Submit those details and you will probably be asked for payment information to cover missed delivery fees." Sadly, if that information is presented, the scammers will have won.

2. ‘You’ve won a prize!’

Everybody likes to get something free. "However, clicking on a link that says you have won something will likely lead to you being asked for information that could be passed onto cybercriminals," he says. "Worst case — it could open your device up to the risk of a computer virus.

3. ‘You contacted us first’

Another popular method is the “you contacted us first” approach. Nobody likes to think they have accidentally forgotten about a message, so you might be inclined to agree with the scammer and click on the link to see if there's anything on the link to remind you of what it was all about.

4. ‘Your subscription is expiring’

This is another frequently used tactic, says Bluvshtein. Phishing scams may try to trick you into thinking that your antivirus software - McAfee for example – needs renewing. "Your antivirus software is an important part of your cybersecurity defence, so believing it may need an update is not unrealistic." Another recent example of a similar scam email doing the rounds is for TV licence renewals, with a message telling you that your direct debit has failed.

Reference: How to spot a scam email: five tell-tale signs to look out for - Wales Online

Scammed out of money and tricked into fake work - the recruitment cons costing jobseekers thousands

"I took the first opportunity that came to me because I was like, I just need to get out of this situation," Theo, whose real name is being withheld, told Sky News.

From the employer's perspective, he was the perfect candidate: he was desperate, and he didn't ask too many questions.

He knows that's what they looked for because when he started, that's who he was told to hire.

The ones who weren't put off by the scant information on the company's website. The ones who really needed the money.

Except they would never get paid for their work - and they would get scammed out of hundreds of pounds in the process.

First his new "employer" told him he'd need to pay for an HR qualification, with the promise of reimbursement as he completed the modules.

"They said, it's only going to cost a few hundred pounds, but you're going to have a job, you're going to get monthly income - and, yeah, so I just took it."

He paid £275 to what looked like an external training provider and logged in for his first day.

He was told he would be recruiting people. All he needed to do first was buy a burner phone and shell out £118 for a job board CV subscription.

The first person he called was "just some woman who was trying to find a job as well, just as desperately as I was".

"When the roles were reversed and I read the script, and then I remembered the way I was interviewed I was like, okay, this is exactly the same," Theo said.

"In my mind, I was like, this is not right. But at the same time, I spent a lot of money that I didn't want to walk away without getting refunded."

Theo is one of a growing number of people falling foul of recruitment scams.

The scams aren't new, but as people lost work during the pandemic and recruitment moved online, the trend picked up - and it has accelerated as the cost of living crisis has deepened.

The Cyber Helpline, a charity helping victims of cyber crime, has seen a 286% increase in job scams over the last nine months compared with the whole 12 months before that.

New research commissioned by Ofcom revealed 30% of adults in the UK have experienced some kind of employment scam.

The scams are varied. Some trick people into paying fees for fake visas, qualifications or security checks, others get people to hand over bank details.

Some people find they've unintentionally been involved in money laundering or perpetuating the scam, or get tricked into doing real work they never get paid for.

Job scams hand criminals the tools to hurt their victims more than once, The Cyber Helpline CEO Rory Innes explained.

"Think about what's valuable to criminals - money and information about individuals.

"Job fraud's perfect because you can get someone to send you a CV and their passport details and pretend to do a DBS check or criminal record check [...] and then you scam them out of money, so you've made the money, you've also got all the data which you can then use or sell for other scams."

You might think scammers would run for cover once they’ve been found out - but some take it as an opportunity to exploit people again, Mr Innes said.

"They'll phone up, pretend to be the police, and say, 'Look, we know you’ve been scammed by this fake company. If you need to put your money into a safe account or if you give us a deposit, we will go and help and recover your money' - and then they get scammed again."

Often people lose more in these recovery scams than they do in the original scam, Mr Innes said, particularly if they’re tricked into handing over their bank details.

Reference: Scammed out of money and tricked into fake work - the recruitment cons costing jobseekers thousands | UK News | Sky News

NatWest issue Scam warning on "Big Giveaway"

NatWest has issues a stak warning to Britons following a number of people recieving a scam email. The consequences of a scam could be devastating, with people losing hard earned savings or having their identity stolen. 

 

The email read: "Dear customer, a request to change your mobile number has been recieved. Your new number 07*******385 will be active in 24hrs. 

 

If you did not make this change, cancel the request immediately. 

A one time passcode will be sent to your previous mobile to authenticate the request".

Therecipientis then prompted to click a link which informs them they will be able to cancel the "mobile update request". 

 

In a cruelly ironic statement, the scam email adds: "Your account security is our priority". 

However, this is far from the case as the email does not come from NatWest, and instead is part of a scam designed for the specific prpose of catching Britons out. 

 

Correspondence of this kind is an example of phishing: a scam designed to harvest people's details. 

Sometimes individuals will receive an email which claims to be from a legitimate source like NatWest, asking them to click on a link. 

However, this is a ruse intended to get people to part with their personal or private information. 

 

If a person were to click on the link, it would be likely they would be asked for these details, under the guise of the supposedly securing account.

The scammers are waiting to steal these details to commit identiy fraud, or use the information to scam the same person in the future. 

NatWest confirm this email is "definately not from us", applauding the customer for recognising the scam. 

AI Voice Clone Scam

Fraudsters are using voice-cloning technologies to scam thousands from people who are duped into believing their loved ones are in trouble and need bail money or other funds, the FTC warns.

If you receive an unexpected phone call from a family member in trouble, be careful: The other person on the line might be a scammer using AI voice technologies to pull off an impersonation. 

The Federal Trade Commission is raising alarm bells about fraudsters exploiting commercially available voice-cloning software for family emergency scams.

 

These scams have been around for years and involve the culprit impersonating a family member, typically a child or grandchild. The fraudster will then call the victim, claiming they’re in desperate need of money to resolve an emergency. 

The FTC now says AI-powered voice-cloning software can make the impersonation scam seem even more authentic, duping victims into handing over their funds. “All he (the scammer) needs is a short audio clip of your family member's voice—which he could get from content posted online—and a voice-cloning program. When the scammer calls you, he’ll sound just like your loved one,” the FTC says in the Monday warning.

The FTC didn’t immediately respond to a request for comment, making it unclear if the US regulator has noticed a surge in scams involving voice-cloning technologies. But the warning arrives a few weeks after The Washington Post chronicled how scammers are abusing voice-cloning software to prey on unsuspecting families. 

In one case, the scammer used the technology on a Canadian couple to impersonate their grandson, who claimed to be in jail. In another incident, the fraudsters used the voice-cloning tech to successfully swindle $15,449 from a couple, who were also fooled into believing their son had been thrown in jail. 

Not helping the matter is how voice-cloning services are becoming widely available on the internet. Hence, it’s possible the scams could increase over time, although at least a few AI-powered voice-generation providers are working on safeguards to prevent potential abuse.

To keep consumers safe, the FTC says there’s an easy way to detect a family emergency scam. “Don’t trust the voice. Call the person who supposedly contacted you and verify the story. Use a phone number you know is theirs,” the FTC says. “If you can’t reach your loved one, try to get in touch with them through another family member or their friends.”

Targeted victims can also consider asking the purported family member in trouble a personal question that the scammer wouldn't know.

Reference: Is Your Kid Really in Trouble? Beware Family Emergency Voice-Cloning Scams (pcmag.com)

 

Amazon Prime users fooled by convincing new scam - simple advice to avoid being next

Amazon Prime members need to be on high alert with experts warning that a growing number of users are being targeted by a nasty new phone scam. 

 

If you use Amazon's popular Prime service you need to be on alert for phone calls that claim to be from the firm. It seems that users of this popular subscription plan - which includes speedy delivery plus access to music and movies - are increasingly being targeted by cyber crooks looking to hack into accounts.

The consumer experts at Which? have confirmed that a growing number of Prime members have been in touch with them after receiving calls from con artists claiming to be from Amazon.

The nasty scam begins with a call from an unrecognised number. Once the phone is answered, the caller explains that they are from Amazon and that they have bad news about the account - this is usually that the price is going up or the current plan is about to expire.

This first part of the attack is simply to discover if an Amazon account is active and being used. Once it's confirmed that the recipient of the call is a member of Prime, the hacker then redirects things to another member of the fake team.

Here they will ask the victim to download a piece of software onto their PC - typically an app called ‘AnyDesk’ - which will then give the online crooks full remote access.

 

The cyber criminals can then begin installing an array of software which can steal data and even make online payments without the account holder knowing.

 

Which? says that Amazon confirmed to its team that it will never ask customers to provide remote access to their devices or make any payments outside of its website.

"If you receive a phone call purporting to be from Amazon, be on your guard. We’ve received reports that fraudsters are impersonating the retailer to gain access to victims’ devices and steal personal information," said Which?'s Tali Ramsey.

If you think you've fallen for this attack you can stop things during the call by ending the remote session or shutting down your Wi-Fi.

Which? also says it's a good idea to contact your bank immediately as your account may have been accessed by the scammer.

Here's the full advice from Amazon's security website

If you receive a suspicious phone call claiming to be from Amazon, here are some things you can look out for:

• Amazon will never ask for payment or offer you a refund you do not expect.

Amazon will never ask you to make a payment outside of our website (e.g. via bank transfer, e-mailing credit card details, sharing gift card details over the phone, etc.)

• Amazon will never ask you for remote access to your device e.g. by asking you to install an app.

• Please do not share any personal information, and disconnect the call immediately.

Reference: Amazon Prime users fooled by convincing new scam - simple advice to avoid being next - Mirror Online

 

The days of hotwiring cars are long gone. Today’s thieves use a variety of sophisticated techniques to gain access to cars and start the engine. The police, car makers and the insurance industry are playing catch-up as keyless car theft techniques evolve and adapt quickly to modern cars.

These measures are having some effect but as anti-theft systems become more advanced, so do the thieves. Below we outline six common methods used to steal vehicles that have keyless entry systems and keyless start buttons — and how to keep your car safe.

What is keyless car theft?

 
-ADVERTISEMENT-
 
 
 

A “keyless car” does not have a traditional metal key to open the doors (at least, not as the primary way to gain entry) or start the motor — instead, a digital fob, card or smartphone app is used to gain entry, and as long as the digital key is detected inside the car, a push button on the inside allows the car to be powered up.

Keyless car theft is when a thief accesses and steals your vehicle without the possessing the original fob or card. This is by tricking the car into believing the digital key is being used. There are several different methods of doing this, which we’ve listed below.

Six types of keyless car theft

1. Signal relaying

Keyless systems use a simple process. Fobs, compatible smartphones or RFID cards emit a short-range “friendly” radio signal that carries only a few yards. When the associated vehicle is close by (usually within a few metres), the car recognises the signal and allows the doors to be unlocked — often by simply touching a door handle. The same process is used for the ignition on cars with start buttons; the digital key needs to be inside the car itself.

Relay thieves use wireless transmitters held up to the front door or window of a house (or the handbag/pocket of a car owner), to capture the signal from a genuine digital key and relay it to a target vehicle. An accomplice standing close to the vehicle captures the signal, fooling the car into thinking the key is within range, allowing it to be unlocked. Once the accomplice is inside the car, the process can be repeated to start the engine.

And once inside the vehicle, a thief can also programme a blank fob to work with the car, allowing it to be sold on (see key programming, below).

2. Signal jamming

A device transmitting on the same radio frequency as remote key fobs is used to jam the signal that locks the car. The gadget might be in the pocket of a crook in a car park, or left in a hiding place near the driveway being targeted.

When car owners press the lock button on their key fob, the command is prevented from reaching their vehicle and it remains unlocked — the thieves are left with an open door.

If owners don’t keep an eye on the car to check that the lights flash, indicating the vehicle has locked, when they press the lock button or walk out of range, it could be a costly mistake.

3. Key programming

Whether thieves use the relay technique, use a jamming device or simply break a window, once they’re inside the car, those vehicles with a start button rather than an ignition key can be simple to steal.

Every car sold for more than a decade has been required to have a standard diagnostic port fitted. This is typically located in the front footwell. Computer hackers have developed devices that plug into the port, boot up a vehicle’s software and then program a blank key fob.

In keyless cars this can be used to start the engine as well as unlock the doors. The time needed for the programming process is as short as 14 seconds. The cost of programming gadgets on foreign websites is as low as £10.

4. Close range testing

Some keyless fobs may still be in range of the car when placed on a table or key rack, inside the house. This could also be a problem when camping, as cars can be parked right beside a tent where the keys are likely to be stored.

Photo: Edwin Remsberg/VW PICS/Universal Images Group via Getty Images

Thieves can discreetly check by trying the door handles, which may unlock the doors, but are unlikely to be able to drive off in the car if they do get inside: keyless systems require a fob to be inside the car before the engine will start.

But for owners it’s not worth assuming that a close-ranger tester can’t start the car once inside, and of course, any valuables left within can be removed easily, so it’s important to make sure the fob is stored out of range of the car or in a Faraday case.

Even if owners do not fall victim to thieves, they may end up with a flat battery because the proximity of the key keeps electronic systems on standby.

5. Code grabbing

Thieves armed with advanced gadgets lie in wait for desirable cars. When the owner locks the doors, the signal is captured by the device, which then calculates the unlock code.

Though there is little evidence this method is currently being used, some experts are convinced it is a looming threat. Others say it is impossible, especially with ever more sophisticated anti-theft coding from car makers.

6. App hacking

This method is rarely used but could become popular as car makers attempt to connect their vehicles with owners’ smartphones. Apps that allow drivers to unlock their car can let thieves do the same thing on their own phone if they can log in to the app as the vehicle’s owner.

If a thief steals or hacks a driver’s phone, all they need to access the car is the username and password for the vehicle app, which may be stored in the phone itself.

The latest cars allow digital keys to be shared from one smartphone to another, which can be very convenient if you want to allow a relative or friend to borrow your car without being nearby to hand over a physical key, but it’s a new area of security concern.

How to prevent keyless car theft

1. Look for the flash

Whenever you lock your car, whether by touching the door handle or clicking the button on a remote, make sure the indicators flash and mirrors fold (if you have that functionality), and listen for the clunk of locks.

2. Use a car key signal blocker

To prevent relay theft at home, find a safe place for your keys, out of sight and out of range of the car. But you may also want to store them in an aluminium tin or signal blocking box. Some believe storing the fob in a microwave oven works, but we’d be wary of that for various reasons. Whatever, don’t just assume your car key signal blocking solution works; be sure to test its efficacy.

While out and about, keep your key fob in a shielded wallet or aluminium tin. Though some people believe low-tech solutions (such as wrapping the fob in tin foil) can work, we’re more inclined to recommend you consider a good Faraday pouch, which blocks the signal thanks to the metal-lined material it’s made from.

And be sure to protect the house, too; if thieves can’t relay a signal from your fob then they may try to gain access to your house. Make sure that’s not an easy job by ensuring doors and windows are closed and locked securely. Thieves favour easy targets.

3. Attach a lock to the wheels or pedals

Buying a steering wheel lock makes driving away almost impossible and would significantly delay the theft of your car, meaning thieves will be deterred for fear of being caught in the act. 

Similarly, a lock for one of the four wheels should deter a thief if they spot it, or at least stop them driving off… just don’t forget to remove it before you go for a drive.

There are also locks for the pedals, though one of these may not prevent the thief from breaking in in the first place.

You may also be able to fit a lock to your diagnostic port, preventing wired computer hacking.

– Read our roundup of the best steering wheel locks here

4. Fit a tracker

If you have a valuable car, then a tracker device is essential, we’d say. It means that unusual activity is monitored and you’re sent an alert if it looks like the car isn’t where it should be — and cars can be followed via GPS if stolen.

Some trackers have advantages over others. At the top end, the Tracker S5 Plus is approved for use by insurers and, using as it does a Very High Frequency (VHF) signal, the police have a better chance of tracking your car if it’s driven into a shipping container or underground car park. The downside is the £700+ up-front cost and £220 annual subscription fee. Other far less expensive trackers (£50 and under) are available, and they can be as easy to fit and use as they are useful, but, as they employ GPS, it means they can be harder to track.

– Read our roundup of the best car trackers here

5. Switch off the fob at night, or insist on a motion sensor fob

Some key fobs can be switched off. Find out if yours can, and do so at night. Also find out if your fob has a motion sensor — some car makers have started using these, which means the fob stops transmitting a signal if it’s left idle for a certain amount of time, making it impossible to use the relay technique.

6. Consider CCTV or a smart doorbell

Like trackers, CCTV cameras aren’t guaranteed to prevent your car being stolen. However, they can be a handy deterrent to put potential robbers off from stealing your car and, if they do decide to nick your set of wheels, the footage can make it easier for police to find your missing motor and the people who stole it.

There are many affordable security cameras available now, including from Ring, Amazon Blink and Google Nest.

Smart video doorbells, also from the likes of Ring, Blink or Nest, could do the job if the car is parked outside your front door, so are worth looking at.

7. Software updates

With cars becoming ever more connected, it’s more crucial than ever to keep car thieves at bay by having the latest software installed on your vehicle. Some manufacturers let you download updates from their website and transfer them to your car with a USB storage device, and some more recent vehicles can be updated over-the-air via a sim card (just as you have in your phone).

Speak to your car dealer to find out about vehicle software updates, and whether the manufacturer is bringing in new keyless fobs with added security.

8. Neighbourhood watch

Be vigilant and report any suspicious behaviour in your neighbourhood to the police.

9. Out of sight, out of thieves’ minds

Keeping a car stored away from prying eyes in a locked garage or gated, secure car park is an obvious way to make sure your car isn’t spotted by opportunistic thieves, prowling the local area.

10. Lighting

If you keep the car parked outside, be sure to do so in an area that is lit. Security floodlights with motion sensors might be worth installing, and there are ones now that work with a camera, such as this Blink Outdoor with Floodlight accessory. We’ve tested Amazon’s Blink camera systems, including the doorbell, and can recommend them.

Best car anti-theft devices

We’ve mentioned a few devices that can prevent car theft above. Here are some of our recommended products:

Signal blocking box
Faraday signal blocking box
Key fob signal blocking pouch
Faraday pouch

Faraday boxes and pouches

  • Faraday Signal Blocking Box, £21.99 from Amazon – buy here
  • Faraday Pouch, £9.99 from Amazon – buy here
Disklok
Disklok
Stoplock
Stoplock

Steering wheel locks

  • Stoplock Pro Steering Wheel Lock, £45.47 from Amazon – buy here
  • Disklok Steering Wheel Lock, £139.99 from Amazon – buy here / £140 from Halfords – buy here
Rewire Security DB2
Rewire Security DB2
Amatrac Car Tracker
Amatrac Car Tracker

Car trackers

  • Amatrac Car Tracker, £49.99 from Amazon – buy here
  • Rewire Security DB2 Car Tracker + 12-month plan, £94.98 from Amazon – buy here
Ring Doorbell Wired
Ring Video Doorbell 4
Blink Video Doorbell + Sync Module

Video doorbells

  • Ring Doorbell Wired with Wi-Fi, £34.99 from Amazon – buy here
  • Ring Video Doorbell 4, £179.99 from Amazon – buy here
  • Blink Video Doorbell + Sync Module, £79.98 from Amazon – buy here
Blink Outdoor wireless
Blink Outdoor wireless + floodlight
Ring Outdoor battery
Ring Floodlight wired

CCTV

  • Blink Outdoor wireless video camera, £89.99 from Amazon – buy here
  • Blink Outdoor wireless video camera with floodlight, £124.98 from Amazon – buy here
  • Ring Outdoor Camera Battery, £89.99 from Amazon – buy here
  • Ring Floodlight Cam Wired Plus, £179.99 from Amazon – buy here

How common is keyless car theft?

The Home Office’s latest figures show that car theft has increased by 50% over the last five years, with around 60,000 vehicles being stolen in the UK each year. Figures from the Office for National Statistics show that keyless entry was the most common method for accessing cars in 2020, accounting for 36% of incidents — up 13% on the previous year.

This is illustrated by a look at the top ten most commonly stolen vehicles in the UK in 2021 where the popular Ford Fiesta came out on top, but in second place came the far less common Range Rover Sport, essentially underscoring the extent to which thieves are targeting high-end luxury vehicles with keyless entry systems.

That’s backed up by the fact that slightly older luxury cars with less advanced keyless systems (more susceptible to attack than newer models) also made up a good chunk of the rest of the list, with the Mercedes C-Class and E-Class, the BMW 3 Series and the Land Rover Discovery all making an appearance.

The UK's top 10 best-selling cars of 2019 (updated)
Mercedes-Benz C-Class
Motor Awards 2019: Best Family Car of the Year nominees — vote now!
BMW 3 Series
Mercedes-Benz E-Class
These were UK's most popular used cars in 2018
Ford Fiesta
Top-5-tow-cars_Range-Rover-Sport
Range Rover Sport

According to the tracing company Tracker, keyless entry theft accounted for some 94% of all cars recovered by the firm last year with six out of its top ten most stolen models being Land Rover vehicles.

The overall rise in car thefts and the outsized presence of luxury cars on the list of most stolen vehicles is a stark warning of how keyless car theft is rapidly on the rise.

Are keyless entry cars easy to steal?

While we wouldn’t say it’s easy, relay devices can be bought online for very low cost, and key reprogrammers are also alarmingly inexpensive. For thieves who know what they’re doing, it can be relatively simple to make off with the vehicle.

Can cars with start buttons be stolen?

Yes, thieves may use the methods we listed above to steal keyless cars with start buttons, including signal relaying, signal jamming and key programming.

How can I protect my keyless car from theft?

You can protect your vehicle from keyless car theft by implementing the techniques we mentioned above, such as blocking car key signals using an aluminium tin or Faraday pouch, investing in a steering wheel lock, or fitting a tracker.

How to block car key signals

Thieves can fool your vehicle into unlocking by capturing the signal emitted by your key fob and relaying it to your car. You can protect your vehicle by blocking your car key signals, using the following techniques:

  1. Store your keys in a safe place, out of range of your car
  2. Store your keys in an aluminium tin or signal blocking box when at home
  3. Carry your key fob in a shielded wallet or Faraday pouch when out and about
  4. Turn off your key fob’s wireless signal, if applicable

Note: Ensure you test out your chosen method of signal blocking, don’t just assume that it works.

Does tin foil block car key signals?

There are some unusual signal blocking recommendations around, including storing your keys in the fridge, microwave and wrapped in tin foil. Research suggests that wrapping your keys in tin foil dampens the signal, but doesn’t fully block it. We’d recommend opting to store your key in a Faraday pouch or signal blocking box over the fridge or microwave too, as you’re less likely to damage it.

Will a metal box block car key signals?

Yes, storing your keys in a metal box will block the signal sent out from your keys and prevent thieves from exploiting it. These are often called Faraday boxes or signal blocking boxes.

Are manufacturers doing anything to prevent keyless car theft?

Yes, the majority of car manufacturers have stated that they are constantly looking for ways to improve the security of their vehicles. Over the last couple of years, the following changes have been made:

  • Kia introduced a Faraday pouch for its customers, called the Kiasafe case, which can be purchased for £9.99 from dealers;
  • Motion sensor keys have been introduced by a large number of manufacturers, including Ford, so that when you put your fob down at home it enters a sleep mode after a short time;
  • Tesla has introduced “Pin to drive”, which requires drivers to enter a pin in order to start the vehicle
  • Mercedes and Subaru owners can turn off their keys once they’ve locked their cars;
  • Land Rover and Jaguar have introduced ultra-wide-band across all keyless models registered in 2021.

 Thousands may have fallen for Crypto app scam

Another cryptocurrency trading app may have lost thousands of people their hard-earned savings, it has been reported.

In corporate terms, iEarn Bot told customers their investments would be handled by the artificial intelligence programme, guaranteeing high returns.

But experts who have investigated company, which claims to be based in the US, say it could be one of the biggest crypto scandals to date.

Roxana – not her real name to protect her identity – told the BBC she lost hundreds of euros when she invested.

She said: ‘I invested in a bot for one month. You could see in the app how many dollars the app was creating: there were graphics showing how the investment was progressing.

‘It looked quite professional until, at some point, they announced maintenance.

‘Some people started to say “I cannot withdraw… what is happening”. I made the request to withdraw and the money just disappeared.

‘The portfolio became zero. But I was not credited on my wallet with any money.’

Digital currencies have a track record of boom and bust cycles, and with 2022’s fall of Bitcoin, the market is becoming more volatile.

But trading remains popular, with people often promised large rewards over short periods.

What happened to people Romania is also not an isolated incident. Silvia Tabusca, a Romanian organised crime expert from the European Center for Legal Education and Research, began looking into iEarn Bot.

She discovered that many people in other countries had also lost their money in the scheme.

The company claims they have 800,000 customers. After joining, the app works ‘very well’, Ms Tabusca said.

‘When they have enough investors and enough money invested in a specific country, they don’t allow that country to withdraw any more – and they open other countries,’ she added.

Looking at iEarn Bot’s website, there are a number of red flags. On the website, the company does not provide any contact information.

Metro.co.uk attempted to contact the company through its automated messaging feature, but there had been no response.

The Massachusetts Institute of Technology, alongside companies such as Huawei and Qualcomm, are all named as ‘strategic partners’ of iEarn Bot.

But they told the BBC they have no knowledge of the company and they are not working with it.

Reference: Thousands may have fallen for Crypto trading app scam (metro.co.uk)

Car Buying Scam

Police have issued a warning after incidents targeting people who are selling their cars.

 

Men have visited a private seller after dark and tampered with the vehicle being advertised for sale.

 

The suspects then offer a lower than advertised price for it.

 

The owners believe that while being distracted they did something to the engine which meant that during a test drive plumes of smoke came out of the vehicle.

Claiming there was something wrong with it the suspects offered £6000 less that the asking price. 

 

Reference: Police warning over suspected car buying scam | Norfolk Constabulary

Print | Sitemap
© Inquizit