One of the latest scam tricks that has been making wave over the internet is the Frank Fourie Scam. Many investors have lost all they have worked hard for as a result of this scam. This review uncovers the fraudulent activities of this scammer known as Frank Fourie and also offers tips on how to detect scams and avoid them. Read till the end!
Phishing (Email scams) and Smishing (Fraud through Text messages) are on the increase these days. Scammers are now coming up with several ways to defraud people on a daily basis. One of the ways they do this is by sending text messages to people prompting them to release vital information or even gaining access to their information without their knowledge. Receivers of such texts are therefore advised to always carry out due diligence before giving out any information about themselves.
What Is The Frank Fourie Scam All About?
Frank Fourie Scam is a marketing scam from carried out by a con artist called known as Frank Fourie. He disguises himself to be a successful and genuine investment professional. This scammer tells you that there is an ongoing investment opportunity with huge return and you should act fast before offer ends. Once you give in to his tricks, he will gain access to relevant information about you as well as your hard earned money about you. Do not fall for it.
How Does Frank Fourie Scam Work?
In order to appear genuine, frank Fourie, the cyber criminals behind the Frank Fourie Scam employ different strategies. This includes trying to convince people that he is offering a well paying investment opportunity and persuades them to act fast before it will be too late. He makes it look so real by providing fake testimonials from people who he claims have profited from the investment scheme so that their victims will click any link that these fraudsters sends to them immediately without giving it a second thought. Once they do so, their personal details such as bank details, security number or password may be requested by this scammer or you will be asked to make payment.
What Are The Effects Of Investment Scams On The Receivers?
The negative effects that Frank Fourie Scam has had on people who fell victim of their tricks unknowingly is really heartbreaking. Some lost their life time savings with the promise of getting huge sums of money. Others even ran into huge debt because they had to borrow from friends to invest as requested by these scammers. Some other victims were even put in a critical health condition which even ended the lives of some just because they could not bear the shock of losing all they had to this fraudster.
These and may more stories, prompted us to start educating the public about this fast rising scam known as Frank Fourie Scam as well as other methods used by scammers these days.
How To Detect The Frank Fourie Scam.
Below are some of the ways you can identify an investment scam.
- They offer investment returns that are too good to be true.
- They disguise to be a reputable agency, steal the agency’s official logo and address just to convince people.
- They send links to malicious sites to get your personal information and steal from you.
- They may request for payment from you.
- There are usually errors in their email address or the content of the mail or text.
- Majority of them only make use of text messages and chats or call.
7 Ways To Avoid Being Scammed By These Fraudsters.
In order not to be a victim of the Frank Fourie Scam or any other fake agency, follow these instructions:
- Do not click on any link or download attachment from an unknown sender: Do not be in a hurry to click on any link sent in a mail or text message from someone you do not know.
- Check the URL of the links they sent: Is there is an error in the URL or even the content of the text message like misspelling or omission, then know it is a scam.
- Carry out your investigation: Before clicking on any link, do a research to know if they are actually it is actually coming from the said organization. This will save you a lot.
- Do not disclose your personal information anyhow: No genuine agency will request that you provide personal information such as bank account details, password information and others immediately.
- Follow your instinct: Whenever you come across a suspicious text message making mouth watery offers, it always safe to pay attention to the details in the message rather than being carried away by their fake promises.
- Report suspicious calls and messages: As soon as you receive any suspicious call or message, report to your local enforcement agency so that they will take actions to stop further scam activities. If you have already shared your personal or financial information with these scammers, all you just have to do is to shut down your cards, block the number then report the incident.
- Update your anti-virus and operating system regularly: In order to be safe from phishing scams like this, always make sure you are using the latest version of your antivirus software as well as your operating system. Also, change your passwords regularly.
- Tell others about the Frank Fourie Scam: Enlighten your friends and family member about the ongoing scam so that they will be aware and not fall victim.
Conclusion
People should be cautious of the information they give out about themselves. There are many scammers out there targeting unsuspecting people with fake investment deals. Sadly, Frank Fourie Scam is one of the viral scams over the internet recently just like Kokugo Co Limited Scam. To stay safe from these fraudsters, you have to adhere to the instructions given above. Click Here to see a list of phishing scams to avoid. Other online scams we have reviewed are ICCU Scam Text and Sky Refund Scam