After completing the article I posted yesterday about how to identify phone scams / phishing, it occurred to me that most of my newer followers will never have seen my prior articles on how to identify various kinds of scam.
This knowledge is more important than ever, as many of these scams are being adapted to the crypto world. There's more easy money to be made than ever before by manipulation and deceit, and more people with digital assets than ever before to be swindled.
The unregulated nature of crypto also means that those who are swindled have little or no recourse. But I digress. Even outside of crypto, these time honored scams are still being used in the world today for the simple reason that they still work.
The superficial details have changed over time to prevent people from recognizing them. You'll rarely get the Nigerian prince email anymore for example. But the underlying formula of each scam remains unchanged, as it has to in order to remain effective.
By learning to identify the formula itself, you'll always be able to recognize when somebody is trying to scam you, no matter how differently they dress it up each time. The skin might change, but the skeleton is always the same. Without further delay:
Publisher's Clearing House scam
Pyramid scheme/MLM
Investment scam
Roommate scam
419 email scam
Ponzi scheme
Phishing
Cults
Don't Get Tricked, Bro!