Rising Consumer Losses: Understanding the Psychology of Online Scammers

March 27, 2025 - 13:39

Targeted herself, Tanjai Green expressed her concern about the increasing prevalence of online scamming. In recent reports, it has been revealed that consumer losses due to fraud have surged by 25%. This alarming trend indicates that scammers are becoming more sophisticated, employing psychological tactics to manipulate their victims effectively.

Experts suggest that the rise in online scams can be attributed to various factors, including the growing reliance on digital platforms for transactions and communication. Scammers are leveraging social engineering techniques, exploiting human emotions such as fear, trust, and urgency to deceive unsuspecting individuals.

Green's experience highlights a crucial aspect of this issue: the need for heightened awareness and education about online fraud. As more people fall victim to these schemes, it becomes imperative for consumers to stay informed about the tactics used by scammers. By understanding the psychology behind these fraudulent activities, individuals can better protect themselves and their finances in an increasingly digital world.