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From friendly text to financial trap: the new scam trend

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From friendly text to financial trap: the new scam trend

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It starts with something small, a text that feels oddly familiar. Maybe it says, “Hey, how are you?” or “Are you coming to the BBQ?” Before you know it, you’re in a friendly back-and-forth with someone who seems genuine. But soon, that casual conversation takes a sharp turn toward money.

That’s exactly what happened to John from Alabama.

“I received a text from someone in California inviting me to a BBQ. We’ve been texting, and now she wants me to trade gold through WEEX. Is this safe or a scam? I’m 74, she’s 36.” – John, Huntsville, Alabama

John’s story may sound like a one-off, but it’s part of a growing trend where scammers use personal charm to build trust and then push victims into risky online “investments.”

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It only takes one text message to blur the line between connection and con. (Kurt “CyberGuy” Knutsson)

What is WEEX?

WEEX is a cryptocurrency exchange that allows users to trade digital assets, including gold-backed tokens like Tether Gold (XAUT). These aren’t physical gold bars or coins; they’re digital tokens tied to the price of gold and stored on blockchain networks. While WEEX operates as a legitimate platform, scammers often exploit the name of real exchanges to sound credible. They’ll encourage victims to “trade gold” through what seems like an official account but actually directs them to fake sites or wallets designed to steal money.

Why this could be a scam

John’s experience shows several red flags. The conversation began with a friendly invitation, then quickly shifted to a financial pitch. That’s a classic move in online relationship scams. The younger person builds an emotional connection, then uses that trust to promote an “opportunity.” Scammers often promise guaranteed profits or claim they’ll “help you trade” to make the process sound easy.

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But the truth is, once you send money or crypto, it’s nearly impossible to get it back. Even if WEEX itself is legitimate, the person encouraging you to use it may not be.

Many scammers use stolen photos, AI-generated profiles or fake identities to build credibility. Once they convince you to send funds, they vanish, often taking your money and personal information with them.

Scammers use friendly conversations to build trust before asking for money. Stay alert. (Kurt “CyberGuy” Knutsson)

How to tell if you’re being targeted

You can spot trouble early by asking simple questions. If someone can’t explain how the investment works or avoid details about how to withdraw your money, that’s a warning sign. Be cautious if they promise fast profits or “zero-risk” returns.

Real investments always involve risk. Watch out for anyone who pressures you to act quickly or says the deal is “private.” Those urgency tactics are designed to keep you from thinking clearly.

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Also, look up the company behind the platform. If it’s based overseas, lacks clear business registration or hides its address, your funds may have no legal protection.

WHATSAPP BANS 6.8M SCAM ACCOUNTS, LAUNCHES SAFETY TOOL

Scams often start with small talk, and even a simple “How about golf tomorrow?” can be a trap. (Kurt “CyberGuy” Knutsson)

What you should do now

If you’ve received a text like John’s, pause before replying or transferring anything. These scams move fast, but you can stop them in their tracks by following a few smart steps.

1) Don’t send money or crypto

Never send money, crypto or gift cards to anyone you’ve only met by text. Ask for written proof explaining how the investment works and how withdrawals happen. If the person avoids details or insists you “act now,” that’s a serious warning sign.

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2) Ask direct questions

Scammers thrive on vague promises. Ask specific questions about how profits are made, how you’ll access your funds and who regulates the platform. If the answers are unclear or the topic changes, walk away immediately.

3) Research WEEX reviews and complaints

Before you invest a cent, search online for phrases like “WEEX scam” or “WEEX complaints.” See what other users have experienced and whether any regulatory agencies have flagged the platform. Real investors leave detailed feedback; scammers usually don’t.

4) Use a data removal service

Protect your privacy beyond just this scam. Data removal services can erase your personal details from data broker sites that sell your info to marketers and sometimes scammers. The fewer places your data lives online, the harder it is for fraudsters to find and target you again.

While no service can guarantee the complete removal of your data from the internet, a data removal service is really a smart choice. They aren’t cheap, and neither is your privacy. These services do all the work for you by actively monitoring and systematically erasing your personal information from hundreds of websites. It’s what gives me peace of mind and has proven to be the most effective way to erase your personal data from the internet. By limiting the information available, you reduce the risk of scammers cross-referencing data from breaches with information they might find on the dark web, making it harder for them to target you.

Check out my top picks for data removal services and get a free scan to find out if your personal information is already out on the web by visiting CyberGuy.com.

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5) Use strong antivirus protection

Scammers sometimes send fake links or attachments that can infect your phone or computer. Install and regularly run a strong antivirus software. These tools can block dangerous websites, alert you to phishing attempts and keep your personal data secure.

The best way to safeguard yourself from malicious links that install malware, potentially accessing your private information, is to have strong antivirus software installed on all your devices. This protection can also alert you to phishing emails and ransomware scams, keeping your personal information and digital assets safe.

Get my picks for the best 2025 antivirus protection winners for your Windows, Mac, Android and iOS devices at CyberGuy.com

6) Talk to someone you trust

Before investing in anything, share the details with a trusted friend, family member or financial advisor. A second opinion can help you spot inconsistencies or risks you might overlook in the moment. When in doubt, slow down and ask for help.

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A friendly “wrong number” text can be the start of a scam. Always think twice before replying. (Kurt “CyberGuy” Knutsson)

How to report a scam

If you believe you’ve been targeted by a WEEX gold scam or any similar text-based investment scheme, take action right away. Start by reporting the scam to the Federal Trade Commission (FTC) at reportfraud.ftc.gov. This helps investigators track new fraud patterns and warn others.

Next, file a complaint with your state attorney general’s office and, if crypto is involved, submit a report through the U.S. Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC). 

If you sent money through a bank or payment app, contact your financial institution immediately to try to stop or reverse the transfer. 

By reporting what happened, you not only protect yourself but also help stop scammers from reaching other potential victims.

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Kurt’s key takeaways

These scams prey on emotion. A kind message or casual chat can quickly turn into manipulation. Scammers use friendliness, flattery and false urgency to pull you in, then drain your accounts. Older adults are particularly vulnerable, especially when the scam feels personal. By blending romance with financial advice, these criminals make their victims believe they’re building both trust and wealth. Protect yourself by treating every unexpected text with caution. If the conversation moves toward money, crypto, or gold trading, that’s your cue to stop responding. Keep your devices secure and your private data off public sites where scammers look for new targets.

Have you ever received a text that seemed friendly at first but felt “off” as the chat went on? Let us know by writing to us at CyberGuy.com.

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Copyright 2025 CyberGuy.com. All rights reserved.

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Dyson’s powerful 360 Vis Nav robovac is down to $279.99 for a limited time

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Dyson’s powerful 360 Vis Nav robovac is down to 9.99 for a limited time

If you’re tired of running your vacuum multiple times just to get the dirt and debris out of the carpets in your living room, Dyson’s 360 Vis Nav is worth a look. It’s one of the more powerful robot vacuums currently available, and now through May 11th (or while supplies last), it’s on sale at Woot for an all-time low of $279.99 ($919 off) with a full two-year warranty.

The last-gen 360 Vis Nav offers a whopping 65 air watts of suction, allowing it to pull dirt, dust, and pet hair from carpets impressively well. In her brief time testing the robovac, my colleague Jennifer Pattison Tuohy said the Dyson “demolished a pile of dry oatmeal in seconds,” adding that she briefly worried it might even suck up the tassels on her large rug (it didn’t). By comparison, many robot vacuums — including Dyson’s new $1,200 Spot + Scrub AI — require multiple passes to fully eradicate the same kind of mess on your floor.

What’s more, the robovac’s small, D-shaped design and the location of its ultra-fluffy brush allow it to dig into edges and corners more effectively than many of the more roundish robot vacuums, while its lower profile lets it easily get under most beds and sofas. The roomy 500ml dustbin also means you likely won’t need to empty it too often, while Dyson’s built-in handle and terrific quick-release button make removing said bin a relatively simple task when it’s time to do so.

While it is undeniably powerful, it’s worth noting that the 360 Vis Nav lacks a few features found on some of its more modern rivals. Although its navigation worked well enough during our testing, it lacks AI-powered obstacle avoidance and doesn’t come with a self-emptying dock. Battery life is also relatively short at around 65 minutes per charge. Nonetheless, if your top priority is quickly removing dust, dirt, and pet hair from carpets without multiple passes, the Dyson remains an option worth considering, especially at this discounted price.

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Global scam crackdown leads to 276 arrests

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Global scam crackdown leads to 276 arrests

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We’ve often warned you about romance scams and crypto “investment” opportunities that feel too good to pass up. Now, there’s a major update that shows just how organized these operations have become.

The Department of Justice and Federal Bureau of Investigation announced a sweeping international operation that led to at least 276 arrests and the shutdown of multiple scam centers tied to cryptocurrency fraud. These networks targeted Americans and drained millions of dollars from victims.

The operation spanned continents and involved coordinated efforts by law enforcement and tech companies.

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TOP 5 SCAMS SPREADING RIGHT NOW

The Department of Justice and FBI say international scam networks used romance and fake crypto investment schemes to steal millions from victims. (Helena Dolderer/Picture Alliance)

How the cryptocurrency scam crackdown unfolded

Authorities worked with partners around the world, including the Dubai Police and law enforcement agencies in Thailand and beyond. Together, they dismantled at least nine scam centers linked to large-scale crypto fraud.

Several suspects now face federal charges in the United States, including wire fraud and money laundering. Investigators say these operations functioned like businesses, with recruitment, management layers and structured systems designed to deceive victims.

Officials made it clear that this effort sends a message. Fraud crosses borders, and enforcement is now doing the same.

How crypto investment scams target victims

These schemes often follow a pattern known as “pig-butchering.” It is a slow, calculated tactic that builds trust before any money is involved.

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A scammer may reach out through social media or a messaging app and start a casual conversation. Over time, that interaction turns more personal. In some cases, it feels like a real relationship. Once trust is established, the topic shifts toward investing, often framed as a unique crypto opportunity.

Victims are guided through setting up accounts and transferring funds to platforms that appear legitimate. The dashboards may even show fake gains to build confidence. At that point, control of the money is already gone. Funds are quickly moved through multiple accounts and eventually end up with the scammers.

Many victims are encouraged to keep going, sometimes borrowing money or taking out loans to invest more. By the time the truth becomes clear, the losses can be devastating.

How Meta Platforms, Inc. helped track scam networks

Meta Platforms, Inc. played a key role in the investigation by providing data that helped law enforcement identify and track these networks.

The company says it has taken aggressive action across its platforms. In 2025 alone, Meta removed more than 159 million scam ads and shut down 10.9 million accounts linked to scam centers. More recently, it disabled over 150,000 accounts connected to these networks as part of a coordinated enforcement effort.

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“Meta is committed to combatting online fraud and scams, and we are proud to partner with law enforcement in these efforts,” Chris Sonderby, Meta’s vice president and deputy general counsel, said. “We applaud the DOJ and FBI for their leadership in holding criminal scammers accountable and protecting American consumers.”

FROM FRIENDLY TEXT TO FINANCIAL TRAP: THE NEW SCAM TREND

Federal authorities announced a sweeping international crackdown that led to at least 276 arrests tied to cryptocurrency scam centers targeting Americans. (Kurt “CyberGuy” Knutsson)

New tools to stop cryptocurrency scams in real time

Meta is also rolling out new protections across its apps to help users spot scams before they get pulled in.

On Facebook, users may see alerts tied to suspicious friend requests, especially when an account shows unusual behavior such as limited connections or inconsistent location details. 

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On WhatsApp, new warnings are designed to prevent scammers from linking their own devices to someone else’s account, giving users a chance to pause before approving a risky request.

Messenger is also expanding its scam detection tools. When a conversation shows patterns linked to common fraud tactics, users may receive prompts that explain the risk and suggest actions like blocking or reporting the account.

Why this cryptocurrency scam crackdown matters to you

This operation highlights how organized these scam networks have become. These are not random messages from a single person. They are coordinated groups running structured operations designed to build trust, create urgency and move money quickly.

Even with hundreds of arrests, the threat remains. New networks continue to emerge, often using the same playbook with slight changes. That means staying informed is still one of the most effective ways to protect yourself. 

Ways to stay safe from cryptocurrency scams

Scammers follow familiar patterns, which means there are clear warning signs you can watch for and simple steps you can take to protect yourself. 

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1) Slow down unexpected connections

If someone you do not know reaches out and quickly builds a personal connection, slow things down and question the situation. Scammers rely on momentum, so taking a pause can help you spot inconsistencies. 

2) Verify investment platforms before sending money

Before sending money to any investment platform, take time to verify that it is legitimate. A professional-looking website or app does not guarantee it is real. Look for independent reviews and official registration details.

3) Avoid sending crypto to unknown sources

Avoid sending cryptocurrency to individuals or platforms you cannot confirm. Once those transactions go through, they are extremely difficult to recover.

4) Watch for pressure and urgency

Be aware of pressure. If someone pushes you to act quickly or invest more, that urgency is often a warning sign.

5) Use strong antivirus protection

Strong antivirus software can help block malicious links, fake investment sites and other threats before they reach you, adding another layer of defense against scam attempts. Get my picks for the best 2026 antivirus protection winners for your Windows, Mac, Android and iOS devices at Cyberguy.com.

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THE ONE THING SCAMMERS CHECK BEFORE TARGETING YOU ONLINE

Meta said it removed more than 159 million scam ads in 2025 and helped investigators track networks tied to cryptocurrency fraud. (Halfpoint/Getty Images)

6) Limit your personal data exposure

Scammers often rely on publicly available information to build trust. Reducing how much of your personal data appears online by using a data removal service can make it harder for them to target you in the first place. Check out my top picks for data removal services and get a free scan to find out if your personal information is already out on the web by visiting CyberGuy.com.

7) Strengthen your account security

It also helps to strengthen your digital security. Enable two-factor authentication (2FA) on your accounts and use trusted security tools to reduce exposure to malicious links and messages.

8) Report scams as soon as possible

If you believe you have been targeted or defrauded, report it to the FBI’s Internet Crime Complaint Center at ic3.gov as soon as possible.

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Kurt’s key takeaways

This global crackdown is a meaningful step forward. It shows what can happen when law enforcement, tech companies and international partners work together. At the same time, these scams are not going away. The tactics will continue to evolve, and new networks will take the place of those that were shut down. Awareness and caution remain your strongest defenses.

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We report a lot about scams but not so much about scammers getting caught. Does this make you feel like real progress is being made in stopping them? Let us know by writing to us at CyberGuy.com.

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  • Get my best tech tips, urgent security alerts and exclusive deals delivered straight to your inbox.
  • For simple, real-world ways to spot scams early and stay protected, visit CyberGuy.com trusted by millions who watch CyberGuy on TV daily.
  • Plus, you’ll get instant access to my Ultimate Scam Survival Guide free when you join.

Copyright 2026 CyberGuy.com. All rights reserved.

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Asus chases Elgato with its own secondary touchscreen display

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Asus chases Elgato with its own secondary touchscreen display

Asus’s latest gaming monitor is a little smaller than usual. The ROG Strix XG129C, announced on Friday, is a 12.3-inch touchscreen IPS display that’s intended to be a sidekick for a larger main monitor, similar to the 14.1-inch secondary display in the 2020 Asus ROG Zephyrus Duo 15. It’s a slightly smaller competitor to Corsair’s Xeneon Edge, which has a 14.5-inch display, but the same 720p resolution.

Asus says the XG129C covers 125 percent of the sRGB color gamut and 90 percent of the DCI-P3 color gamut. It also comes with a one-year subscription for the hardware monitoring tool AIDA64 Extreme, which would usually cost $65. Besides acting as a performance monitor for your PC, sidekick displays like this can also be handy as an extension for streaming or editing setups, much like Elgato’s Stream Deck.

Along with the little XG129C, Asus also announced the ROG Strix OLED XG34WCDMS, a 34-inch RGB Tandem QD-OLED gaming monitor. It features a 280Hz refresh rate and a 3440 x 1440p resolution, and, according to Asus, covers 99 percent of the DCI-P3 color gamut. Asus has not yet officially announced pricing for either display.

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