At Liquid Group, we work around the clock to safeguard your personal information and ensure your transactions are secure. But no security system is complete without you — staying vigilant is your best defense. Scammers are constantly evolving their tactics to trick unsuspecting victims into giving up sensitive information or transferring funds.
In this guide, we’ll help you better understand common scams, how they work, and what steps you can take to protect yourself.
A scam is any fraudulent scheme where a scammer deceives you into providing personal information, money, or access to your financial accounts. Scams today are sophisticated — they can come through calls, texts, emails, social media, dating apps, or even pop-up ads.
Money Mule Scams
A money mule transfers illegally obtained funds on behalf of criminals, sometimes unknowingly. You may be asked to “lend your account” for transactions or “help someone move money” overseas — this is illegal, and you could face prosecution.
Liquid Group has zero tolerance towards money rules, and we will not hesitate to report money mule cases to the Police.
Scammers impersonate government officials, police officers, or company representatives. They may tell you your account is involved in a crime or that you owe taxes, pressuring you to “cooperate” by providing sensitive information.
Promises of fast, easy loans with no credit checks often come with upfront fees. Once you pay the fee, the loan never materialises.
These scams offer “guaranteed” high returns in a short period of time — often via cryptocurrency, forex trading, or real estate — but your money is simply stolen.
Scammers create fake profiles on dating platforms, build emotional connections, then ask for money to cover “emergencies” or travel to meet you.
You’re told you’ve won a prize — but you must pay a “processing fee” before receiving it.
Scammers advertise products at bargain prices on fake websites or marketplaces, collect payment, but never deliver.
A scammer pretends to be a relative or friend, urgently asking for money due to an emergency.
Fraudsters exploit real tragedies, setting up fake charities to collect donations.
Scammers impersonate legitimate property agents or landlords, advertising attractive rental properties online to lure victims. They may request deposits or advance payments up front, often before any property viewing takes place. Once payment is made, the scammer disappears, and the advertised property turns out to be fake or unavailable.
General Prevention Tips:
What to Do if You Suspect a Scam: