FBI Warns of Crypto Scams on LinkedIn : CNBC Report

Scammers using LinkedIn to promote crypto investment schemes pose a “significant threat,” said Sean Ragan, FBI Special Agent in San Francisco and Sacramento, California, field offices.told CNBC. in an interview

Ragan says the FBI has seen an increase in crypto fraud and has been rigorously scrutinized. but could not comment on the ongoing case.

Scammers create fake profiles and send messages to LinkedIn users to build trust. And finally offered to help them make money through fraudulent crypto investments, which made it a scam.

LinkedIn told CNBC that while fraud occurred on the platform, “We work with peer companies and governments from around the world. The goal is to keep LinkedIn members safe from the bad guys. If a member is found or a victim of a scam We ask them to report to us and local law enforcement.”

LinkedIn said it deleted 32 million fake accounts in 2021 and detected 99.1% of spam and scams, a total of 70.8 million during the same period, according to the report.

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