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The Free Financial Advisor
The Free Financial Advisor
Brandon Marcus

Is Your New Friend Trying To Scam You?

Is Your New Friend Trying To Scam You?
A friendly profile and frequent messages do not guarantee an honest connection. Before sending money to a new online friend, verify their identity and treat urgent payment requests as a serious warning sign – Shutterstock

A new online friend who asks for money, offers a can’t-miss investment, or needs help with an urgent emergency may have an agenda beyond friendship. Scammers often build genuine-seeming relationships before asking for cash, financial information, or access to an account. The uncomfortable part? Their opening messages can sound perfectly ordinary.

The Federal Trade Commission warned that scammers use fake social media profiles to build friendships before requesting money for emergencies or travel. Some even suggest gift cards, payment apps, wire transfers, or cryptocurrency.

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