There’s a new get-rich-quick scam that’s targeting social media users. The ruse promises to multiply money several times over by exploiting “quirks” in the monetary system, but a spokesman for the Better Business Bureau says the only ones getting rich from “money flipping” are the scammers.
Investigator Bill Smith tells The Big Z the crooks have a convincing pitch.
Click here for Smith's commens
Smith says to be wary of anyone who claims to be able to turn small amounts of up-front money into a large amount in minutes is trying to scam you. And be suspicious of online “friends” who are promoting this “opportunity”. Scammers can hijack email accounts, or make their own email look like it’s coming from someone you know.