COVID-19 Crypto Extortion Scams on the Rise

e_abrams

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Scammers crawl out of the woodwork like snakes to take advantage of the many vulnerable people left by the health and economic crisis everyone are suffering from. Criminals have been extorting people by threatening them to infect family members if they do not transfer them $4000 in Bitcoin, since Bitcoin is untraceable. Apparently some of them are even going so far as to impersonate World Health Organization employees and ask for “donations” – again in Bitcoin. And as if that is not enough, scammers are also trying to infect people’s computers with malware through COVID-19-related documents.
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Scammers always look to prey on vulnerable people and unfortunately the current crisis has left a lot of people vulnerable.