With several such accounts reported and deleted in the past, the latest addition to the fake accounts set up in the former Lagos State governor's name had the user name: Fashola Raji Fashola, and the scammers
wrote that the Federal Government was giving out the sum of N700,000 to youths and young adults to enable them pay school fees, set up business outfits and invest in business ventures, among others.
Buali said one of the reasons given by scammers
is the failure to update information on the card.
Hire and crash Where the scammers
hire a car and stage an accident with another vehicle, usually someone they know.
normally ask for payment via wire transfer or prepaid debit cards because it makes it easier for them to get money.
"For years, scammers
have used the Exchange's trademarked logo and name without permission to purportedly sell vehicles in the United States," said Steve Boyd, the Exchange's loss prevention vice president.
Speaking at a press conference on the anti-fraud campaign of the embassy's Consular Section, Fraud Prevention Manager Leon Gendin said scammers
would usually 'use a variety of social media platforms to push their message to attract their potential customers.'
Gatchalian said his committee research showed that many investment scammers
thrive in the country because few are punished under the 18-year-old Securities and Exchange Code.
also asked the Bangko Sentral ng Pilipinas, and the Department of Information and Communications Technology to take strong action against scammers
will use speed and surprise to try to catch you out, the caller will put you under pressure so that you feel you have no choice."
depend on us staying the more aware people become and the harder they will find it to scam the next person."
Whatsapp has millions of users worldwide and scammers
are doing everything they can to separate people from their money.
This is because scammers
are able to keep phone lines open.