Scambaiting

[Admin]

Wasting the time of scammers is altruistic since it means less time for these scammers to target others.

If the scammer contacts you first retaliating has the added benefit of deterring others from trying to scam you.

Most scams are fairly obvious and are easy to see through. For example we have this scam where they promised 25% risk-free interest for a period of just 7 days, nobody is going to provide you with a high risk-free return. Companies want to keep their borrowing costs down and if the company is stable they will not have to take high-interest loans from people.

I did verify that this was indeed a scam by looking at the bitcoin adresses i got access too, one guy invested 0.043btc only go get nothing back, poor guy. The scammers didn't bother creating fake blockchain transactions to make it seem more legitimate (sending money to themselves claiming it was some investor).

The scammer was dumb enough to continue even providing deposit details for a bank after i basically explained to him why this couldn't be legitimate.

Then i wasted even more of his time by asking a lot about the ESG policy for the fictional company.

 

[Admin]

Youtube scam-baiters
Some scam-baiters like kitboga will mostly just wast their time but others are very savage causing real harm to the scammers making them shut down.

 

[Admin]

Did the scammer just give me his phone-number?
I found no details when i tried looking the number up. He propably did put effort into making sure the number had no clear connection with his real identity (might be the phone number of someone else such as a scam-victim). He may have some banking troubles giving his difficulties in providing an account to deposit money too or he figured out that i was fucking with him.

 

[Claire_Lovely]

I think the best way to prevent scams is through education. Focus on lowering the birthrate in poverty-ridden areas would also be effective as scamming often arises out of desperation.