Fake Trading Apps Target Victims Globally via Apple App Store and Google Play
Group-IB research show that a widespread fraud campaign used phishing websites and fraudulent trading apps available on the Apple App Store and Google Play Store to trick consumers.
As part of a consumer investment fraud scheme known as "pig butchering," potential victims are tricked into investing in cryptocurrency or other financial instruments by pretending to be in a romantic relationship or to be an investment advisor. This campaign is one part of the scheme.
These kinds of social engineering and manipulation schemes frequently result in the victims losing their money, and occasionally they even involve the demand for additional payments and other levies in order to extract even more money from them read more about Fake Trading Apps Target Victims Globally via Apple App Store a...