Like and earn scam: What it is and how to stay safe

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Like and earn scam

Like and earn scam- A tech enthusiast from Pune, recently faced a whopping Rs 17.6 lakh loss between December 1 and 6. How did this happen? Well, cyber tricksters took advantage of eagerness to make money online, especially by liking videos. It all started when came across a part-time job ad on social media. Let’s dive into what these “like and earn” scams are all about.

What’s a “Like and Earn” Scam? It’s a sneaky trick that tricks people into interacting with social media content (think YouTube, Instagram, or TikTok) by promising cash for likes, shares, comments, or subscriptions. These scams, also called engagement scams, come in different forms, but they all share one goal: exploiting your desire for easy money by playing with your online activity.

How Do They Work?

  • First Hook: Scammers use fake accounts, ads, or messages to lure you with promises of quick cash for simple tasks like liking or sharing videos. The rewards sound unreal, like making big bucks with just a few clicks.
  • Building Trust: To seem real, scammers create fake websites with made-up success stories. They might even fake popularity on social media to make their content look legit.
  • The Trap: Once you engage, the real scam unfolds. This could involve tricks like hidden fees, unrealistically high requirements, or even stealing your info.

Tips to Stay Safe:

  • Be Doubtful: If it sounds too good to be true, it probably is.
  • No Upfront Payments: Never pay money upfront for these schemes.
  • Research First: Check out the platform or profile before getting involved.
  • Watch for Fakes: Be cautious of fake stories and exaggerated numbers.
  • Guard Your Info: Don’t share personal details or click on suspicious links.
  • Speak Up: Report anything fishy to the social media platform.
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