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FSMA: Scammers Pose as Major Banks to Defraud Unsuspecting Consumers

Scammers have found a new way to deceive unsuspecting consumers by impersonating major banks despite repeated warnings dating back to 2021, the Financial Services and Markets Authority (FSMA) announced, adding that this type of fraud is on the rise. These criminals use different tactics, such as contacting potential victims through phone or email, often after they share their contact details via social media or sponsored ads. The culprits promise their victims significant profits and capital pro... Read More

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Content Topics

Fsma

Scammers

Pose

Major

Banks

Defraud

Unsuspecting

Consumers

Forex

Posted: Oct 9 2023, 19:23

Author Name: financemagnates

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