Receive an intriguing unsolicited message from an unknown sender via an app, such as Whats App, respond to it and be drawn into an interesting conversation. Before you know it, the supposed woman on the other end wants to celebrate because she invested some money in gold (or some other precious metal, commodity or cryptocurrency) and made a huge profit in a short time, with little to no risk.
The person on the other end may even send an official looking graph or statement that appears to show this huge profit. That’s right – she bought gold bullion via a trading company then sold it just 15 to 20 minutes later and made a huge profit, perhaps even over a million dollars. Sound tempting? Too good to be true? Yes of course!
Then, a few days later this incredible investment opportunity occurs again. By the third time she has lured you in so that you either request to be included or she convinces you to do it. She suggests you transfer money to start to open the new required “trading account” then her teacher/mentor/relative, who supposedly works with or used to work with a famous brokerage or company and has many special contacts or insider information, will advise when to buy and sell. They claim they will do this for you because you are now a “good” friend of the scammer.