From threatfabric.com
This fourth episode covers one of the most diverse scams: those offering an online investment opportunity. Criminals use a wide variety of methods suiting their logistical capabilities and skills. Some investment scams start as romance scams before turning to “investment”.
The unflatteringly named “Pig Butchering” scams are an example of this. Others use some kind of “impersonation” of an official-sounding organisation. Many investment scams start as an advertisement or “clickbait article” on social media, with claims that seem too good to be true, such as “Let me tell you how I earn 20,000 dollars per month.” Some professionals believe social media scams and investment scams are synonymous.