Cryptocurrency and Employment Scams Named Riskiest by BBB; Romance Scams Target Seniors
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Investment/cryptocurrency scams were named the "riskiest" type of scam this year by the Better Business Bureau, with a median loss of $3,800. Scammers exploit people's lack of crypto knowledge.
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Employment scams are also growing, tricking people into helping commit fraud under the guise of a new job.
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Romance scams frequently target people over 65.
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The 10 riskiest scams also include online purchases, home improvement, advance fee loans, phishing, credit repair, tech support, and travel/vacation scams.
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Tips to avoid scams include being cautious with strangers, avoiding pressure to act fast, not clicking suspicious links, and trusting your instincts.