Instagram stands out as one of the world’s most widely used social platforms, particularly among the younger demographic. However, this widespread popularity also makes it a common hunting ground for fraudsters. In this comprehensive guide, we will address 6 common Instagram scams and provide insights on how you, or those close to you, can steer clear of them.
1. Phishing
Phishing involves the deceptive use of counterfeit webpages to deceive individuals into divulging confidential information, such as bank or Instagram credentials. Beyond immediate repercussions like financial loss or compromised Instagram accounts, there exists the potential for extortion, identity theft, or scammers exploiting your Meta information to access other services.
Fortunately, avoiding phishing becomes straightforward once you’re familiar with the warning signs. Meta/Instagram will never demand the suspension of your account unless you verify it, especially not through email, WhatsApp, or SMS links. Phishing URLs, in contrast to legitimate ones, exhibit distinct characteristics. If a URL doesn’t commence with something like “instagram.com” it likely raises suspicion. When directed to an external link, be vigilant for spelling mistakes, awkward translations, and other indications of an illegitimate webpage.
2. Lottery/giveaway scams
Genuine Instagram sweepstakes and giveaways are popular for promoting brands, but it’s crucial to verify the authenticity of the source account(s). Scammers may create fake accounts, use stolen images, and organize fake giveaways, where “winners” are tricked into paying money or sharing sensitive information. Even without impersonation, scammers might attempt to create a seemingly reputable façade.
Typically, legitimate giveaways only require actions like liking, following, tagging, or commenting on Instagram content, or possibly subscribing to an external newsletter. Some contests may request creative content submissions, but such requirements are usually communicated upfront. While companies will eventually contact winners, exercise caution when clicking on external links. Although sometimes necessary, suspicious-looking URLs could indicate a phishing attack. Stay vigilant.
3. Fake influencers
This category is expansive and may intersect with others, but occasionally, users may approach you, offering services like investment advice or broader Instagram exposure. In the latter case, individuals may assert they can boost your likes or followers, whether genuine users or automated bots.
Identifying fake influencers is typically straightforward by examining their profiles. Vaguely worded descriptions or a focus on encouraging you to open external links are common red flags, and it’s advisable to refrain from doing so to avoid potential phishing or malware risks. Additionally, the person’s photos often showcase an attractive woman unrelated to the promoted content, raising suspicions that they might be appropriated from another Instagram account or a model’s online portfolio.
4. Crypto scams
Some individuals have genuinely accumulated wealth through cryptocurrencies like Bitcoin. However, there exists an entire (exploitative) industry focused on promoting the notion that anyone can soon be driving a Ferrari. Those who “guarantee” crypto profits likely aim to profit from you, particularly if they ask for payment for a secret guide or an initial crypto mining investment.
More aggressive scammers may promise rapid profits within hours or days. It’s essential to be cautious, as even those proposing a more realistic timeframe may still be fraudulent. Before investing in any cryptocurrency, conduct thorough research from unbiased sources, manage your investments independently, and acknowledge the potential risk of losing significant amounts if the market declines. Genuine investments rarely yield consistent returns.
5. Fake sponsorships
As an influencer, you may encounter individuals offering sponsorship deals with questionable terms. These could range from overt requests for your banking information under the guise of an initial “bonus” to more subtle proposals, such as covering travel expenses upfront for reimbursement later. It’s crucial to exercise caution, especially when asked to travel, as reputable companies typically cover hotel and airfare expenses in advance.
While it may not be immediately apparent, this type of situation poses a potentially severe risk. Agreeing to travel without thorough research on the company and its social media presence could expose you to dangers like robbery, kidnapping, human trafficking, or worse. Before committing to any arrangement, diligently investigate the company, ensuring its honesty and establishing a verifiable track record.
6. Fake jobs
When facing unemployment, the urgency to secure a new job may arise for financial stability. While legitimate job opportunities are shared on platforms like Instagram, it’s crucial to exercise caution. Be wary of requests for sensitive information like your bank details or Social Security number without a proper onboarding process, including an interview and a formal contract—this often indicates a potential scam.
To steer clear of job scams, consider utilizing reputable career-focused websites like LinkedIn or Indeed in your job search. Any employer promising substantial earnings with minimal effort or experience is typically a red flag for a scam or an attempt to conceal underlying risks. Prioritizing caution and relying on established job platforms can help safeguard against fraudulent employment schemes.
Measures to take if you get scammed on Instagram
First, thoroughly document the situation by gathering information about the suspected scammer and capturing relevant screenshots. It’s crucial to record profile details and preserve any communication, whether through direct messages, comments, or external messaging platforms, as scammers may vanish unexpectedly.
Avoid seeking retaliation; instead, report the scam to Instagram. While recovery of funds might be unlikely, reporting can result in the scammer’s account being banned, preventing further harm.
In cases where a serious crime is apparent or poses a threat, consider involving the police, provided you have substantial evidence. Keep in mind that jurisdictional limitations may impact the police’s ability to intervene, especially if the scammer operates from a location outside their jurisdiction, like China or Lithuania.
For more such updates, tips and learning resources, stay tuned to Insitebuild Blog.
