You have undoubtedly heard of Ponzi Schemes, but do you know the origin of this term? How about we dive into the life of its namesake, Charles Ponzi, to better understand it? 🧵🔽

Don't let them intimidate you with payment reminders. And always read the fine print and ensure you're dealing with genuine entities. Sharing experiences can also help others identify and avoid such scams so be sure to report them: scamwatcher.com/scam/add

🚨Scam Alert🚨:This scam is a common occurrence in France, and it's making the rounds in the US now under the name of "World Company Register ". Basically, you receive an email or postal letter inviting your business to register in a directory...but there's more to it.

🚨#SCAM ALERT🚨: Have you come across this recent phishing text from 'mycreditadv'? They claim to offer personal loan programs & debt relief. Let's dive into this new scam together and help you protect yourself from it🧵🔽

One example is this report, where the user explains ordering one item only to receive a cheap ring instead: scamwatcher.com/scam/view/58…

🚨#ScamAlert: If you've come across an online shopping scam, it's very likely it's being run by a certain "Fadel Beatty Limited" company. In this thread, we'll dive deep into the details and expose the tactics they use. #FadelBeattyScam

Have you ever received a text/letter/email from Publishers Clearing House (PCH) claiming that you've won a huge prize? Beware - it might be a scam! #PCHscam #ScamAlert

If you spend time on Facebook, you've probably come across multiple scams through ads. The latest "hit" #scam these days is the site called "warmthside". Have you seen it? Let's talk about it a bit 🧵🔽

It seems Donation #scams are all the rage these days. Have you seen one going around? Here's a thread on how it works 🔽

A new #phishing scam is making the rounds in Australia! Have you received it? Let's discuss it a bit further 🧵🔽

Our friends in Canada are constantly receiving classic #phishing texts that claim to be from #CanadaPost. Did any one of you get something like this too? Here's some more info about it 🔽🧵

The icon indicates one essential thing: That communication between your internet browser and the server of the site you are visiting is encrypted.

A lot of people are under the impression that the padlock is an immediate sign of security and safety from all sorts of #scams, that if a site has it then it must be trustworthy! That is WRONG.

I'm sure you're all familiar with the little padlock icon next to a website's address in your browser. It's a sign of HTTPS protocol and therefore synonymous with protection and security, right? Well actually no. Allow me to explain 🔽🧵

If you receive some suspicious text like this, never call the number or open the link that's in it! You can check with the company by going to their real website and contacting them from there.

It's a lie to get victims to divulge critical info and have them stolen by the scammer and therefore an obvious #phishing attempt.

If I call that number to see what's going on, I'm gonna get a scammer asking me for my credit card number and other details "to stop the transaction and give me a refund"🤦‍♂️Which is the case in this report: scamwatcher.com/scam/view/60…

Has anyone received this text 🤔? I don't remember making this "0rder". Let's dive into this brand new #scam 🔽

This one in particular is a #Phishing scam, something we're very familiar with. We have a dedicated tag and a category for it on our site:

Did you ever get a #scam text like this before? If you did, you can report it on Scamwatcher.com or tweet it and @ us!