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    Good morning and welcome to the future 👋

    When it comes to scams, we thought nothing could shock us. Today though, we report on a particularly mean scam, which tugs at the heartstrings and then takes advantage of the victim’s willingness to help those in need. How low will fraudsters go…?

    Today’s update is 355 words, 1.8 minute


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    1-Big Thing

    Sinister hostage scam on Instagram

    Instahack - please activate images in your mail client

    Source: Motherboard

    “I am going to kill myself, please you stole everything from me. Please give me my Instagram back please,” a victim said in response to a hacker who had taken over her account.

    What’s the deal: A new sort of Instagram scam is sweeping the platform.

    Hackers get access to Instagram accounts through “social engineering,” a deception method involving friends and relatives.

    If you want your account back, you must follow the hackers’ instructions.

    An imposter grabbed $3K from one victim’s account and kept it ‘hostage’ until she agreed to promote a get-rich-quick scheme.

    Why it’s Important: Scams on Instagram are nothing new. This one, on the other hand, is double nefarious.

    Our advice: Be cautious when ‘old pals’ call and double-check that it’s actually them before revealing any personal information.

    Dive Deeper (Vice) →

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