In an era where every phone is a bank, scams are evolving faster than ever before. Financial advisor and coach Margaret Njeri has witnessed these tricks first-hand, and warns that today’s fraudsters are becoming increasingly sophisticated.
She divulges that the most common scams people fall for today include fake investment schemes, mobile money reversals, phishing messages, romance scams and get-rich-quick offers online. Others are duped by fake job or loan offers that request processing fees or personal details in advance.