Jobs & Employment

Forex Trading Scams

This is a scam whereby; people advertise that they can send you erotic content be they videos or pictures for a fee. The fee is pegged in RTGS, and it is not that high. When you send the person of interest the money, they won’t send what they offered initially.

How does this scam work?

Like sex parties, you will be shocked on what people are willing to pay for. This is another avenue that scammers are making money from since as well known, sex and money are some of the human motivators and are fleshly things that make people do all kinds of stuff. There are WhatsApp groups that are created and usually have links sent on Facebook in those groups which are populated. The groups usually specify that it is for adults only and that there are prostitutes contained. It doesn’t take long before these groups are full. The group may contain prostitutes as indicated or that is just a line to get the attention of men and have them fall for the scam. Getting people into the group is part one of the scam. The next part is now to send pictures as samples of people that don’t even exist in that group and most likely don’t even exist in the country where the group is established. The scammers just take random pictures off the internet that seem genuine and make it seem as if those are some of the people in the group. Now when they do that, they send prices for the products that they will be selling such as nude photos being $200, nude videos being $400, and so on and so forth. The scam falls to those who send money to the Ecocash numbers enlisted and don’t get what they paid for. In this case, since the money is not that much you won’t pursue it and since the practice of engaging prostitutes is shunned by society, you won’t tell anyone that you have been duped

Red flags or Warning signs

How to protect yourself

Have you ever been scammed?

  • Do you think that you have ever been scammed? If you have, you can help the next person and guide them from not being a victim by reporting this scam.
  • Reporting this scam can help your friends and family.
  • Also, seek help and guidance on how to avoid being scammed.
  • In case you have issued your banking details or any other personal information that can get your bank account defrauded, contact your bank immediately.

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