Online scams span a very wide range since all scams that occur with a computer connected to the Internet is classified as an online scam. We have further segmented it on various sections and for easy comprehension.
Cash (Funds Transfer)
This is the most convenient way to send money to someone online which is why it is the most exploited by scammers. This is a very fast process and once done it cannot be reversed. To avoid getting scammed via this means, always be extra careful when dealing with strangers on the Internet. Moreso when it involves transfer of funds electronically, it can be a scam charity, a foreign governemnt offical, a war veteran or simply someone who presents a cause to take advantage of your kindness. There'll always be a faux reward at the end of it that appears to good to be true. Be very watchful and ask for more details if need be.
Algo Trading (Auto)
This is a scamming technique that takes advantage of legitimate trading tools and software. They (the scammers) often require you to download and install some software (robots) that is meant to automate your trading activities in order to yield more returns daily. But in reality what happens is the opposite of that, via the software your funds are taken with little to no profits. With this happening, you are then convinced to invest more to offset the losses you must have taken and the cycle goes on and on until you have nothing left. They expose you to legitimate platforms that conduct trading and investments but it is just a front and your dashboard of earnings is usually a faux. To avoid getting scammed like this, always do proper research and invest/trade only what you can afford to lose and not a cent more. They will try and try to convince you but be headstrong and stick to your guns else you risk losing a lot more than you started with. Banks and Law Enforcement have their plates full and can't go after or recover these losses most of the times which is where we come in. With our years of experience and team of experts we follow a systematic approach in putting together the right components to ensure a swift and succesful recovery.