Onsomo.com has been identified as one of hundreds, if no more than thousands of scam sites. These scammers use fake social networking accounts and misleading postings to trick their victims into sending money to them.
Onsomo.com Jewzee.com, and other sites like them, take advantage of the people’s trust and want to get rich quickly. This is why it’s important to treat any offer that sounds too good to believe with extreme caution.
If you’re among those who fell for the Onsomo.com swindle or encountered it before, I recommend that you read the following paragraphs, in which I go into detail about everything you should know.
Red Flags in the Onsomo.com Bitcoin Scam
It is easy to detect scams like Onsomo.com once you are aware of the warning signs. Familiarize yourself with red flags that you should look out for whenever you suspect that an offer is a scam.
Red flags include guaranteed returns. All offers which promise fixed, high returns — such as “double the money in a few days” — are fraudulent. Crypto markets fluctuate, and no investment, even at high rates, can offer a guaranteed return.
Another common scam involves charging up-front fees. Scammers can ask for “entry fees” or “service charges” to make you invest. Once they have your payment they will usually disappear. Real investment platform don’t charge any upfront fees.
Fake endorsements create an extra layer of deceit. Scammers are known to use celebrity photos or names in their schemes. You may come across ads or posts that state a famous personality endorses the investment. Do not believe it. Verify the endorsements using official channels.
Unsolicited social media messages or emails should cause concern. Legitimate firms do not contact people at random with offers. If you receive an offer that is not requested, it could be a scam.
You should be wary of anyone who promises to make you money quickly with little or no effort. Better yet, just ignore them.
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What is Onsomo.com fraud?
Onsomo.com exploits social media, the trust people place in it and their irrational belief.
The scheme begins with a post on a fake Facebook or Instagram profile impersonating a popular celebrity.
Video is usually included with the post. It shows a celebrity/public personality announcing an alleged cryptocurrency giveaway. A video can be created by Deepfake AI tools or using other AI-based tools.
When people click on the link they are given an entry code. After entering the code, they can view the reward of around 90,000.00 USD. For a small fee (0.005 BTC or 440 USD), they can claim the reward.
If you fall prey to this scam and you pay the transfer fee you lose those few hundred dollars. This is the way it works, and there is no reward at all.
What To Do If You Fall For The Onsomo.com Coin Scam
Know that it’s unlikely you’ll be able get your money back if you were scammed by Onsomo.com. Do not leave yet. There is still work to be done in order to avoid more damage.
The money might also be refunded in rare situations if the scammers were caught. However, this is only possible when people report the scammers. Here’s the advice I give you:
Change the passwords in any compromised account. Make sure your passwords are unique and strong. They should include letters, numbers, as well as symbols. Even if scammers have some of the details you provide, a secure password will make it difficult for them to access your accounts.
Add 2FA on all accounts. This prevents unauthorized log-ins even if scammers are aware of your username and/or password. It’s a powerful defense against account breaches.
Report it to the crypto platform. Many exchanges have fraud departments and can help you secure your account. You can also contact a national cybercrime organization, which can track and investigate cases similar to yours.
Monitor your accounts regularly to look for any unusual behavior. If you find unauthorized activity, contact your bank right away to avoid further loss.
Last but certainly not least, this is an expensive but valuable experience. People who make promises of easy-money are rarely worth paying any attention to.
Onsomo.com Scammers Use Various Techniques
Knowing them well is the only way to ensure that you are protected from this particular scam. Here, I’ve explained the main tricks that Onsomo.com uses to trick you. This can help you recognize these scammers in the near future.
The oldest trick is to impersonate someone. Scammers set up fake social media profiles, mimicking cryptocurrency experts and investors. They may send emails posing as trusted crypto-exchanges or create posts where they claim to have been extremely successful. The goal is to make people think “if they’ve had success, maybe I can, too.” But of course, this is all smoke and smirgles.
Another classic strategy is to make big promises. You may have seen ads or advertisements that promised “500% guaranteed returns in one weeks” or something like this. The cryptomarket is volatile. No legitimate investor can guarantee steady high returns for a short duration. Scammers understand that these claims are attractive, and so they use this to attract victims.
Fake cryptocurrency trading sites are a popular trap. Scammers set up these fake sites to look exactly the same as legitimate exchanges. As soon as you land on the fake site, you will likely be asked log in to account. But this is a ruse that captures your credentials. So, scammers are able to access your actual accounts on legitimate exchanges. You should always check the URLs before clicking on them, especially if it’s a link in an email or a social media post.
Crypto scams are known to use psychological tricks to generate urgency. They take advantage of people’s fears of missing out. The “opportunity”, as it’s often called, is framed in terms of exclusivity or limitation, and that there are only a limited number of spots available or that this opportunity will soon be over. Messages may include phrases like “Only five places left!” and “Act now before its too late!”.
This is only a small selection of the common scams, so it’s worthwhile to do some research and find out more in order to remain safe.
How to Respond To A Cryptocurrency Scam
When you encounter a suspected fraud, it is best to not get involved. Avoid clicking any links, replying or sharing personal data. If you can, delete the message. Block the sender. And report the account. This limits your exposure, and will reduce the likelihood that scammers will contact you.
If a web page looks familiar but you aren’t sure, double-check the URL. Many phishing web sites trick users by using subtle misspellings of domain names, or similar ones. Stick to official apps and websites, and avoid clicking unverified links via social media.
Two-factor authenticaiton (2FA), adds an additional security layer to accounts. With 2FA, even though scammers may have obtained your login details they will need a second code, which is usually sent to your smartphone, to access the account. This measure is an effective defense against unauthorized entry.
