![]() Scammers even persuade their victims to send small amounts of crypto that they can withdraw to prove that the system is real, then encourage them to invest more, Wisniewski said. As long as you respond, they can start the conversation,” he said. “It’s like, ‘Jeff give me a call,’ and you’re like: ‘What? I’m obviously not Jeff,’” Wisniewski said. The Federal Communications Commission, which issued a warning about spam and scam texts Thursday, said ignoring them is the most effective way to make sure you’re not scammed.Ĭhester Wisniewski, a principal research scientist at the cybersecurity company Sophos, which has investigated several such cases, said the scammers tend to persuade victims to switch their conversations to the Telegram messaging app, then slowly persuade them to download an unvetted investment app that purports to store cryptocurrency with incredible rates of return. The scams don’t indicate any security issue with people’s smartphones or personal information, although there’s no reliable way to block them. ![]() But the Federal Trade Commission tracks spam and scam complaints, and 2022 is on track to be the first year when more people have reported scammers’ contacting them by text rather than by phone, said Juliana Gruenwald, an agency spokesperson. There are no definitive statistics about how widespread such scams have become. They are all scams, and I think they are all crypto-investment scams.” ![]() “They’re broadening the way they will entrance you into the same scam. “Some are like, ‘Hey, can I make an appointment for my dog at your salon?’” said West, a top prosecutor for crypto scams. Erin West, the deputy district attorney in charge of the high technology crimes unit in Santa Clara County, California, said “accidental” text messages have become one of the most common new ways to trick people in the same crypto scams her office has tracked for several years.
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