12-31-2021, 04:16 AM
The idea that crypto is causing more scams is a joke. Scammers will scam regardless
<!-- SC_OFF --><div class="md"><p><a href="https://www.straitstimes.com/singapore/consumer/nearly-470-people-lose-at-least-85m-to-phishing-scam-involving-ocbc-bank">https://www.straitstimes.com/singapore/consumer/nearly-470-people-lose-at-least-85m-to-phishing-scam-involving-ocbc-bank</a></p> <p>Just saw this news today that 8.5 million was scammed out of 400+people in the down of 2 weeks. In a single country. Imagine how much more is being scammed in the other 190+ countries out there. Some scams are at a national level.</p> <p>There's a statement in the article that stood out for me -</p> <blockquote> <p>"Once the funds have been fraudulently transferred out of the victim's bank account, it would be challenging and difficult to recover the stolen monies,"</p> </blockquote> <p>Oh, so the issue is the same with crypto, isn't it?</p> <p>The argument against crypto is just high flying banking industry rich folk speaking through politicians mouths.</p> <p>Pasring part of the article below:</p> <blockquote> <p>SINGAPORE - Since the start of December, at least 469 people have fallen prey to phishing scams involving OCBC Bank, with reported losses totalling at least $8.5 million.</p> <p>Most of the amount was lost over the past two weeks, said the police in a media release on Thursday evening (Dec 30).</p> <p>Over the Christmas weekend alone, OCBC said 186 customers lost about $2.7 million.</p> <p>Victims received unsolicited SMSes purporting to be from the bank, claiming there were issues with their banking accounts and they had to click on a link given in the message to resolve the issue.</p> <p>The link led to fake bank websites and victims were asked to key in their Internet banking account login details.</p> <p>"Once the funds have been fraudulently transferred out of the victim's bank account, it would be challenging and difficult to recover the stolen monies," said the police.</p> <p>They added that OCBC Bank has warned its customers about the phishing SMSes via several channels, including its online banking platforms, social media page and media advisories.</p> </blockquote> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/masterveerappan"> /u/masterveerappan </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rshve0/the_idea_that_crypto_is_causing_more_scams_is_a/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rshve0/the_idea_that_crypto_is_causing_more_scams_is_a/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p><a href="https://www.straitstimes.com/singapore/consumer/nearly-470-people-lose-at-least-85m-to-phishing-scam-involving-ocbc-bank">https://www.straitstimes.com/singapore/consumer/nearly-470-people-lose-at-least-85m-to-phishing-scam-involving-ocbc-bank</a></p> <p>Just saw this news today that 8.5 million was scammed out of 400+people in the down of 2 weeks. In a single country. Imagine how much more is being scammed in the other 190+ countries out there. Some scams are at a national level.</p> <p>There's a statement in the article that stood out for me -</p> <blockquote> <p>"Once the funds have been fraudulently transferred out of the victim's bank account, it would be challenging and difficult to recover the stolen monies,"</p> </blockquote> <p>Oh, so the issue is the same with crypto, isn't it?</p> <p>The argument against crypto is just high flying banking industry rich folk speaking through politicians mouths.</p> <p>Pasring part of the article below:</p> <blockquote> <p>SINGAPORE - Since the start of December, at least 469 people have fallen prey to phishing scams involving OCBC Bank, with reported losses totalling at least $8.5 million.</p> <p>Most of the amount was lost over the past two weeks, said the police in a media release on Thursday evening (Dec 30).</p> <p>Over the Christmas weekend alone, OCBC said 186 customers lost about $2.7 million.</p> <p>Victims received unsolicited SMSes purporting to be from the bank, claiming there were issues with their banking accounts and they had to click on a link given in the message to resolve the issue.</p> <p>The link led to fake bank websites and victims were asked to key in their Internet banking account login details.</p> <p>"Once the funds have been fraudulently transferred out of the victim's bank account, it would be challenging and difficult to recover the stolen monies," said the police.</p> <p>They added that OCBC Bank has warned its customers about the phishing SMSes via several channels, including its online banking platforms, social media page and media advisories.</p> </blockquote> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/masterveerappan"> /u/masterveerappan </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rshve0/the_idea_that_crypto_is_causing_more_scams_is_a/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rshve0/the_idea_that_crypto_is_causing_more_scams_is_a/">[comments]</a></span>Kind Regards R