Authorities warn against cryptocurrency-related scams involving fake job offers after US$11.8 million in losses

Authorities warn against cryptocurrency-related scams involving fake job offers after US.8 million in losses


SINGAPORE: A cryptocurrency-related scam involving fake job offers and compromised software systems has resulted in losses of US$11.8 million, the Singapore Police Force (SPF) and Cyber Security Agency of Singapore (CSA) said on Friday (Aug 14).

In one case, a victim was approached on LinkedIn by a scammer impersonating a recruiter from a cryptocurrency-related company. 

The scammer communicated with the victim through email, using a spoofed domain closely resembling the legitimate company’s domain.

The victim also attended several video interviews on Google Meet, although the interviewer’s video remained switched off throughout.

Subsequently, the victim was directed to a spoofed website to complete a technical coding assessment on his company-issued device, during which he unknowingly downloaded malicious software.




Read Full Article At Source

Share. Save. Don't Miss The Buzz: XFacebookRedditLINETelegramWhatsAppGmail

Leave a Reply