Reported about 1 year ago
Scam groups effectively target victims with high assets or retirees by manipulating conversations to get them to reveal their occupational background, particularly those with investment backgrounds who are more vulnerable. Despite engaging in random scams, scammers strategically focus on individuals with valuable assets, often using sophisticated financial jargon to attract those with certain knowledge, playing on psychological vulnerabilities as victims may knowingly ignore red flags to avoid admitting they were deceived, ultimately losing significant amounts of money to fraud.
Source: YAHOO