Investment Scam Losses Continue To Rise In Japan – More Than 50% Year Over Year – 2024
Investment Scam Losses Continue To Rise In Japan – More Than 50% Year Over Year
The Rate of Fake Investment Scam Victimization is Growing at a rate of over 50% per year!
An Investment Scam Victim’s Story
Authors:
• SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.
• Portions YOL
About This Article
The surge in investment scams worldwide, but particularly in Japan, including fake crypto and regular investment schemes, reflects a global trend of scammers adapting their tactics to target unsuspecting victims.
With losses totaling in the tens of millions of yen, victims like Mitsuyoshi Yamamoto are left devastated by the allure of promised profits and sophisticated scam techniques. These scams often involve impersonating famous investors on social media platforms, enticing victims with promises of high returns and minimal risk.
