• A concerning new scam is making rounds in the US, using people’s social media photos as bait.
• The Federal Trade Commission (FTC) has issued a warning about unsolicited messages from purported art buyers.
• Victims receive fake checks and are asked to send money back, leading to potential financial losses.

Stay informed about recent scams targeting social media users with our in-depth analysis and expert advice.

An Emerging Scam Targeting Social Media Photos

Recently, U.S. bank account holders have been targeted by a scam that begins with an innocuous social media interaction. According to the Federal Trade Commission (FTC), scammers start by complimenting photos on platforms like Instagram and Facebook, claiming they wish to use these photos for artistic purposes. The offer involves a promise of substantial payment, creating a tempting proposition for unsuspecting victims.

The Mechanics of the Scam

Once the victim agrees to the arrangement, the so-called artist sends a check that appears legitimate and often reflects a sizable sum. Following this, the scammer requests a portion of the money be returned to purchase art supplies, with a promise to reimburse the spent amount. Unfortunately, the initial check is fraudulent, and by the time the deception is uncovered, the victim has already sent money to the scammer, incurring a loss and potentially owing the bank for the fraudulent funds.

Preventive Measures and Safety Tips

The FTC advises caution when dealing with unsolicited financial offers from unknown individuals, especially those encountered online. Consumers are encouraged to deposit checks only from trusted sources and to be wary of anyone requesting funds to be wired or sent back. To further protect oneself, it’s wise to familiarize oneself with common signs of fake check scams. Additional tips and resources can be found on the FTC’s website, offering guidance on identifying and avoiding such fraudulent schemes.

Conclusion

As scammers continue to devise creative ways to exploit individuals, it’s vital to remain vigilant and informed. By understanding the tactics used and taking appropriate precautions, you can safeguard yourself from becoming a victim. Always scrutinize unsolicited offers and remain skeptical of promises that seem too good to be true. Stay informed and protect your finances by following expert recommendations and staying up-to-date with the latest advisories from trusted authorities such as the FTC.