Scam Watch

Facebook Pyramid Investment Scheme Busted

Facebook Pyramid Investment Scheme Busted

The Securities and Exchange Commission (SEC) shut down an alleged financial pyramid scheme that was being promoted on Facebook and Twitter this week. The alleged scam was run by Fleet Mutual Wealth and MWF Financial which combined did business as Mutual Wealth. According to the SEC, the business promised investors 2-3 percent returns every week…

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Beware of Fake “Look Back” Facebook Pages

Beware of Fake “Look Back” Facebook Pages

To celebrate its tenth anniversary this week, Facebook launched a feature called “Look Back” that automatically creates a one-minute video summing up a user’s experience on Facebook. It draws from your activity to highlight life events, pictures, video and more. It’s become a popular tool for users to reflect, but, according to Zeljka Zorz, managing…

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someone made a profile named “___” and he uploaded some of your photos! is that you? Facebook Scam

someone made a profile named “___” and he uploaded some of your photos! is that you? Facebook Scam

Scam Signature Message: someone made a profile named “___” and he uploaded some of your photos! is that you? Scam Type: Malware, Social Engineering Trending: February 2014 Why it’s a Scam: Several readers have reported receiving the Facebook message shown above. At this time it’s unclear if the messages are coming from hacked friends or…

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AVAST Virus Lab Discovers “Facebook Music Theme” Scam

AVAST Virus Lab Discovers “Facebook Music Theme” Scam

AVAST Virus Lab experts discovered a new scam spreading on Facebook this week that purports to give users’ Facebook profiles a “music theme” and a playable song if they download and install it. However, just like with previous Facebook theme downloads, this one is a fake. This music theme scam is a script program that,…

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Beware of Bogus UGG Outlet Store Scams on Facebook

Beware of Bogus UGG Outlet Store Scams on Facebook

Scam Message: Messages like the one shown below are being spammed to Facebook Groups and possibly through other channels on Facebook (messages, newsfeed, etc.) Scam Type: Fraudulent Online Retailer Trending: December 2013 Why it’s a Scam: Clicking the scam link redirects you to the site shown below: Don’t let the good looks fool you. Scammers…

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[Phishing Alert] Facebook Scam Says Users’ Friends Have Been the Victim of Crime

[Phishing Alert] Facebook Scam Says Users’ Friends Have Been the Victim of Crime

There is a new spam message making the rounds on Facebook that purports to show criminals who have taken advantage of users’ friends. The spam message says that either the sender of the message or another friend have been the victim of a crime and that they need the targeted user’s help. The messages also…

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“Christmas Tree” App Hoax Spreads on Facebook Once Again

“Christmas Tree” App Hoax Spreads on Facebook Once Again

 A warning has circulated on Facebook for three years running that warns users to avoid a “Christmas tree app” that will supposedly infect and crash their computers if downloaded. The warning, which users are encouraged to paste and spread to their friends, reads: “WARNING!!!!!! ….. Do not use the Christmas tree app. on Facebook. Please…

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Beware of PS4 and Xbox One Scams on Facebook

Beware of PS4 and Xbox One Scams on Facebook

Whenever people are buzzing about a new piece of technology, online scammers and con artists aren’t far behind to exploit the phenomenon. With the launches of both Sony’s PS4 gaming system and Microsoft’s Xbox One, cybercriminals are taking to Facebook and other social media outlets to take advantage of curious users. The scam works like…

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Facebook Has 100 Times More Spam Than Other Social Networks

Facebook Has 100 Times More Spam Than Other Social Networks

Social media security and compliance company Nexgate released a study this week that painted an alarming picture about the growth of spam on Facebook. What they found: Facebook and YouTube have 100 times more spam than other social networks, and overall social spamming has increased 355 percent during the first half of 2013 alone. The…

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Beware of iPhone Giveaway Scams on Facebook

Beware of iPhone Giveaway Scams on Facebook

Apple unveiled details of its long-awaited new iPhone models this week, announcing the iPhone 5S and the iPhone 5C. While the impending September 20 release date for the phones has been a cause for celebration online, social media users should beware of fake offers for new iPhones cropping up on Facebook. In fact, as Trend…

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