Other Common Scams Beyond cryptocurrency, Forex, and binary options fraud, scammers operate a wide range of schemes designed to steal money, personal information, or digital assets. These scams often rely on deception, impersonation, emotional manipulation, and urgency to pressure victims into making quick decisions. Understanding how these scams work is essential to recognizing warning signs and preventing financial loss.

Online Romance Scams. Scammers build fake relationships through dating apps or social media platforms. After gaining trust, they request money for emergencies, travel, or investment opportunities—often involving cryptocurrency or fake trading platforms.

Victims may lose large sums and suffer emotional distress. Warning signs:

• Refusal to meet in person
• Requests for secrecy
• Sudden financial emergencies
• Introduction of investment opportunities

Investment and Ponzi SchemesFraudsters promise high, consistent returns through fake investment programs. Early investors may receive payouts using funds from new victims, creating the illusion of legitimacy. Eventually, the scheme collapses, leaving most participants with losses. Warning signs:

• Guaranteed profits
• Pressure to recruit others
• Lack of transparency
• Unregistered investment products