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Scammers Made The Most Out Of Covid-19: Cyber-Forensics Describes Different Covid-19 Scams

Cyber-Forensics.net

Cyber Forensic Specialist

Cyber Forensic Specialist

Scammers saw the opportunity and played their best by posed as big organizations or governments to convince people to give them their hard-earned money.

During the COVID-19 period the whole world was depended on the internet, it indeed made it easy to survive the pandemic and carry on with the day-to-day work.”

— Timothy Benson

SOFIA, BULGARIA, June 14, 2022 /EINPresswire.com/ — The past couple of years were tough for everyone, the whole world was shut down due to the pandemic making a huge impact on people’s personal and financial life. But the scammers saw a big opportunity to steal money from the people in the name of COVID-19. In the first five months of 2020, cryptocurrency thefts, hacks, and frauds bagged the total amount of $1.36 billion.

According to the Federal Trade Commission(FTC), they received more than 732,000 consumer reports related to COVID-19 scams since the start of the pandemic. 72.5 percent of them involved fraud or identity theft. These scams have cost consumers $778 million.

Nearly $1000 billion was stolen by scammers from COVID-19 relief programs designed to help individuals and businesses harmed by the pandemic.

Cyber-Forensics.Net, a cryptocurrency scam recovery service provider, notices; “During the COVID-19 period the whole world was depended on the internet, it indeed made it easy to survive the pandemic and carry on with…

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