Are you planning to invest some of your Christmas bonus in cryptocurrency? “In their new Modus Operandi, scammers are now creatively enticing potential victims by offering Crypto Investments using a ‘FAKE’ Crypto App.”
The police cautioned the public about a fake cryptocurrency mobile application being circulated amid the holiday season. advised the public on November 28 that scammers use this app to steal money from potential victims who seek to earn more from their Christmas bonuses.“Online scammers are working double time to rob people of their money with only 29 days before Christmas and employees starting to receive their Christmas bonuses.
Workers are entitled to receive their 13th-month pay, also known as Christmas bonuses, at the end of each year, byThe PNP-ACG noted that this scam targets workers who prefer to invest some of their 13th-month benefits for additional income. The app’s “dashboard” will also allow them to see and monitor how their money grows over time, according to the PNP-ACG.
“As investors begin to see the growing interest their money has generated in a short period of time, they are enticed to invest more and more money,” the police said.“When investors start to withdraw their money, the apps will not allow them to withdraw. This is how investors realize they have been victims of a Crypto Investment Scam,” the police group said.
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