In recent times, scams through cryptocurrency investments, financial schemes, and online side jobs have become increasingly complex. Many victims have lost large sums of money after engaging with unverified trading platforms or apps.
According to data from investigative agencies, in the first quarter of this year alone, the number of cases related to cryptocurrency investment fraud rose more than 30% compared to the same period last year. Perpetrators typically lure victims with promises of high returns and huge commissions. Initially, they may pay a small profit to build trust, then abscond with the entire capital once victims invest a significant amount.
Side-job fraud has also grown more complicated. Scammers impersonate companies or large enterprises, requiring applicants to pay training fees, document processing fees, or buy goods before being hired. Many people — especially students and freelance workers — have fallen for this trick.
Police advise the public to stay extremely cautious about investment pitches promising abnormal returns far above market averages. Do not transfer money to any unverified individual or organization. If any sign of fraud is detected, promptly report it to the nearest authorities for support.
