The Federal Bureau of Investigation has warned LinkedIn users to be wary of crypto scammers, saying that these malicious players present a huge threat to the social media platform.
Speaking on behalf of the law enforcement agency, its special agent in charge of the San Francisco and Sacramento, California field offices, Sean Regan, noted that many users have already fallen victim to these scammers. .
LinkedIn users already falling victim
This type of fraudulent activity is significant. There are many potential victims, and there are many past and current victims.
Regan continued that the increasing rate of these crypto investment scams has contributed to the increase in the number of investment frauds recorded by the FBI.
They are always thinking about different ways to victimize people, victimize companies.
He noted that scammers invest a lot of time in researching their claims, defining their goals and strategies. He also added that they deploy always pre-determined tools and tactics.
A report by the Federal Trade Commission indicates that crypto traders in the United States have lost roughly $575 million between January 2021 and Marcy 2022 due to falling victims to investment fraud.
Owned by Microsoft, LinkedIn has approximately 830 million users worldwide, making it one of the largest social media companies in the world. The platform is usually called Facebook for the corporate world.
LinkedIn Says it is Working With the FBI
The social media company itself has confirmed this dangerous trend.
According to the company’s director of trust, privacy and fairness, Oscar Rodriguez, there really has been a recent increase in fraud on its platform.
Rodriguez said the company has started working with the FBI to identify fraud-related scammers who exploit the job-seeking nature of many LinkedIn users
LinkedIn said
We work every day to keep our members safe, and that includes investing in automated and manual defenses to detect and deal with fake accounts, misinformation, and suspected fraud.
