In the era of digital interconnectivity, the internet is a double-edged sword, providing convenience and opportunity, but also serving as a breeding ground for various online scams.

In recent years, not only has there been a notable rise in the prevalence of these scams, but they have also evolved to become more sophisticated and challenging to detect. According to the Federal Trade Commission (FTC), in 2023, consumers reported losing over $10 billion to fraud.

Here are some of the most common types of online scams currently being carried out today:

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