Anti-Scam FAQ: What kind of crime are scams?

Answer:

Scams are a type of financial crime. They are typically characterized by the use of deception to obtain money or other assets from victims. Scammers often use elaborate and convincing stories to trick people into giving them money or personal information. Some common types of scams include lottery scams, investment scams, and phishing scams. These types of scams can result in significant financial losses for the victims, and can also have emotional and psychological impacts. Scams can be carried out by individuals or organized criminal groups, and can target both individuals and businesses.

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