According to an UN report, “people who are forced to take part in online scams are most often trafficked persons and migrants in vulnerable situations who face a range of human rights risks, violations, and abuses.”
There are two types of victims in crypto scams:
A recent report from the UN suggests that there are two types of victims in fraudulent crypto scam operations. The first group consists of those who experience monetary losses as well as those who were tricked into giving out personal information to the scammers in a crypto scam operation.
It also highlights how these crypto scams in Southeast Asia have forced “hundreds of thousands” of individuals to be involved involuntarily. It is also observed that the conditions are insensitive and are a serious violation of human rights.
“On the other side, individuals who are coerced into working in these scam operations and endure inhumane treatment are victims of serious human rights violations,” the UN says.
Moreover, the UN also reports that crypto scammers majorly target a male audience in comparison with females and youth/children. It stresses that various individuals are being transported across borders.
The UN states,”Most are not citizens of the countries in which the trafficking occurs; however, reports have indicated that at least in some countries, nationals are also being targeted.”
“The rise of technology in the region has enabled opportunists to take advantage of the situation,” according to the UN.
“In recent years, Southeast Asia has seen exponential growth in digital technology, business, and e-commerce, specifically cryptocurrencies and online gaming, as well as increasing digitization and ‘app-ification,’ the report indicated.
In recent times, the Federal Bureau of Investigation (FBI) has alerted job seekers in the US about unscrupulous job listings that pressure them into participating in potential crypto scams.
However, the FBI warns that scammers might entice you by offering a magnifying job role and salary and then trap them in pig butchering schemes. They further lure unsuspecting individuals into crypto investments by making false promises of illegal substances, relationships, or sensual schemes.
“These scammers will confiscate passports, making it harder to escape the operations, which can lead victims beyond just those in poverty. Moreover, white-collar employees who lost their jobs during the pandemic are also targets,” the UN further warns.
Ultimately, legal authorities such as the FBI advice job seekers to watch out for vague job ads with overly appealing benefits. They also recommend that US citizens who have been targeted through crypto scams contact the US Embassy for recovery procedures.
- Published By Team Genuine Reporter