The Latest Internet Scams and How to Avoid Them

The Latest Internet Scams and How to Avoid Them
Avoid online scams by being aware of their tactics and following a few general tips. Martin Lauge Villadsen/Shutterstock
George Kamel
Updated:

Online scammers have gotten so sneaky lately that it’s not just your elderly grandparents at risk—boomers, millennials, and even Gen Zers can get taken advantage of if they’re not careful. That’s because these shady weirdos keep switching up their scamming tactics based on current events and our constantly changing digital culture.

But the good news is, if you keep your guard up and follow these tips, you’ll be way more likely to spot the scam and hold on to your hard-earned money. Here are five of the biggest internet scams to be aware of right now.

Cryptocurrency Scams

Crypto continues to be a trendy thing for the people who enjoy the thrill (and anxiety) of losing money at any given moment. And much like gambling, it can be addictive—a fact that scammers take advantage of. Cryptocurrency scams can happen in all kinds of ways. Scammers might set up fake websites that look like popular crypto sites in an attempt to get innocent people to send them money. They might also prey on people’s fears of missing out on an investment with massive returns by creating a fake early investment opportunity and pitching it to people online.
George Kamel
George Kamel
Author
George Kamel is a personal finance expert with a counter-cultural approach to money. He is the host of The Fine Print and EntreLeadership podcasts on the Ramsey Network. Since 2013, Kamel has served at Ramsey Solutions, where his goal is to help people spend less, save more, and avoid consumer traps, so that they can make the most of their money. 
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