Connect with us

Hi, what are you looking for?

Assets Under ControlAssets Under Control

Tech News

Game-like ‘task scams’ stole more than $220 million in six months

Image: Cath Virginia / The Verge; Getty Images

The Federal Trade Commission (FTC) is warning Americans about “game-like online job scams” that get people to perform tasks with the promise of a continuous income stream — only to be duped into giving money to the scammer. The FTC says in the first six months of this year, these “task scams” have raked in over $220 million from victims, often in the form of cryptocurrency. It’s accounted for about 40 percent of all scam reports in 2024.

There were 20,000 reports of task scams in the first half of 2024, a sharp increase from only 5,000 from 2020-2023.

These scams often start with a WhatsApp or text message to a victim asking them to do tasks about “app optimization” or “product boosting.” Sometimes, the scammers initially pay small amounts of money to seem trustworthy. Afterward, they convince victims to pay into some tasks with the promise of a larger payout, and then the scammers run away with the money.

Image: FTC

These are the three tips the FTC listed to avoid getting scammed:

Ignore generic and unexpected texts or WhatsApp messages about jobs. Real employers will never contact you that way.

Never pay anyone to get paid. Someone telling you to pay money to get the money you have supposedly earned is a sure sign of a scam. No legit business would ever do that.

Don’t trust anyone who says they’ll pay you to rate or “like” things online. That’s illegal and no honest company will do it.

You May Also Like

Tech News

Image: Google Google’s quantum computing lab just achieved a major milestone. On Monday, the company revealed that its new quantum computing chip, Willow, is...

Tech News

Image: OpenAI OpenAI is launching Sora, its text-to-video AI model, on Monday as part of its 12-day “ship-mas” product release series, as The Verge...

Politics

A group of unknown gunmen stormed the Iranian embassy in Damascus on Sunday after Islamist rebels took the city and overthrew the regime of...

Politics

Rep. Ritchie Torres, D-N.Y., is considering a run for New York governor – and he’s raising his national profile with a tidal wave of...

Generated by Feedzy