Scammers are students of human psychology, whether it’s duping you into clicking on a bogus email or offering fake free stuff on social media.
And dropping Elon Musk’s name into a scam to lure the unsuspecting is a popular strategy for crooks, according to a new report.
“Elon Musk is an incredibly popular target for scammers and spammers on social media. Attach his name to something he has no involvement in and watch it fly,” Malwarebytes Labs said this week in a blog post.
Since October 2020, reports to the Federal Trade Commission of cryptocurrency scams have spiked with almost 7,000 people reporting losses of more than $80 million with a median loss of $1,900, according to the…