When it is too good to be true

ALMOST every day we read or hear about someone losing money to scammers.

Cybercriminals are steps ahead as they continously find new ways to steal your data and money.

Of late, there has been a rise in recruitment ads offering part-time jobs in so called “reputable’’ companies and the paypacket for a day’s work is RM500 to RM1,000.

Getting paid RM500 or RM1,000 for a day’s work is big money and certainly many would be tempted.

But, before you take the leap, ask yourself, can this be true?

Then there is the Wangiri scam making its rounds. Most telecom providers have warned their users of this scam.

This is a phone scam where the fraudsters try to extract money from potential victims by calling from unknown international numbers, a report said.

It added that scammers make many short duration calls to trick the users into calling back to a premium rate number and the fraudsters are hoping you will call back.

If you do, you will be charged a lot of money while being on the call.

What you will be listening to is usually a pre-recorded message or tone designed to keep you connected for some time.

It was reported that Wangiri originated in Japan. It means “one ring and cut”.’ It is a fraud that affects millions of users globally.

Wangiri is said to be one of the top five fraud methods used by scammers around the world.

The report said it is a significant financial risk…

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