Police issue warning on TikTok scam targeting youth

By MEDICINE HAT NEWS on November 22, 2024.

news@medicinehatnews.com

Police say they have been made aware of an online scam targeting youth on TikTok and have provided some tips to help children stay safe from scammers.

Police say fraudsters are using the social media platform to convince victims to provide their bank account information or e-transfer information so they can send them $500.

“They will then ask the victim to send money back to the scammer,” explains a press release. “The first deposit/e-transfer will inevitably bounce and the victim will then be out the money they sent to the fraudster, plus have $500 taken out of their account by the bank.”

To avoid falling victim to social media scams police recommend children take actions to stay safe from scammers:

– Keep your account private so fewer users can see it. Only allow your friends to send you messages so you don’t get emails from strangers.

– Be skeptical of get-rich-quick schemes or job offers promising high pay for little work.

– Don’t send any money or gift cards to people you have met online.

– Use strong, unique passwords for your accounts and enable two-factor authentication.

– Be wary of accounts impersonating celebrities or brands asking for money or personal information.

– Ignore messages about winning contests you never entered.

– Research products and services extensively before making a purchase.

– Avoid clicking links in user bios or messages as they may lead to malware or phishing sites.

– Be cautious of romantic interests who develop quickly and ask for financial help.

– Do not participate in ‘money flipping’ schemes where users claim they can quickly multiply your investment.

Police are asking anyone who has fallen victim to a scam on TikTok to report it by calling 403-529-8481, and to contact your financial institution immediately if you provided any banking information.

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