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Fraudsters capitalize on emerging investment trends like cryptocurrency, leveraging sophisticated marketing tactics to target vulnerable individuals susceptible to coercion and manipulation.
Increased public interest in cryptocurrency investments, fueled by success stories and social media influence, has led to a surge in fraudulent investment schemes, exacerbating financial losses.
Vulnerable individuals experiencing situational or marketplace vulnerabilities, such as mental health challenges or financial difficulties, are deliberately targeted by fraudulent investment companies.
Effective awareness campaigns and accessible resources, like those provided by Action Fraud and Take 5 to Stop Fraud, are crucial in empowering individuals to make informed decisions and protect their investments in the face of evolving financial scams.