FBI warns crypto fraud on LinkedIn is a 'significant threat'
, the company has acknowledged a"recent uptick of fraud on its platform," and this time the scams involve persuading users to make investments in cryptocurrency. It's been deemed as a"significant threat" by Sean Ragan, the FBI's special agent in charge of the San Francisco and Sacramento field offices in California, who spoke to the outlet.said the schemes typically began with someone pretending to be a professional and reaching out to LinkedIn users.
First, they would tell their targets to go to an actual crypto investment platform, but"after gaining their trust over several months, tells them to move the investment to a site controlled by the fraudster." Thereafter, the money is"drained from the account.", the fact that they trusted LinkedIn as a platform for networking lent credibility to the investment offers.
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