>
On platforms that allow app installations, there are increasingly more apps created by scammers. These programs harm devices, so many people ask: how to recognize fake apps aimed at scamming and collecting money; how to protect your assets from fraudsters' encroachments.
Fake Investment Apps
Scammers create fake investment apps on various platforms where people use cryptocurrency or conduct financial transactions. The main goal of scammers is to obtain personal data from the devices where the registration occurred.
The principle of such an app is that after installing it, for example, on a phone and launching it, the program offers access to an investment platform from a large and well-known company. Scammers copy the site, company logos, and use the color scheme associated with the organization.
How to Protect Yourself from Fraudulent Apps
To avoid the unfortunate fate of becoming a victim of fraudulent app schemes, there are several safety rules:
- install software only from official and trusted platforms;
- do not use apps from unknown companies;
- always check the company's website;
- pay attention to user reviews;
- site visit rating;
- availability of licenses.
It is also advisable to study the investment market, its principles of operation, earning methods, types of currencies, and other necessary information on your own. Self-education will help solve the problem of fraudulent offers, and having information, you will be able to independently filter out unnecessary apps and invest in an honest company.
Signs of a Fake Investment App
There are a couple of methods used by scammers to disguise fake apps, called imitation and repackaging.
The imitation method allows scammers to create copies of official apps that have the same name, features, and logo. However, during installation, it turns out that the developers are not responsible for any financial transactions.
The repackaging method allows scammers to create similar metadata to the official app, where the real name and logo are indicated, but the source code is changed and repackaged. This method of fraud is harder to detect than imitation.
Safe Investment Apps
There are also safe apps that allow you to invest and grow your money.
The main sign of a safe platform is insurance in case of company bankruptcy. Investors' money is insured, which allows them to fully recover their deposits.
A safe app also guarantees income, but in reasonable amounts, without requiring large investments, allowing small earnings with honest apps. Scammers, however, offer huge earnings in just a few days.
Fraud with Investment Apps
To successfully execute fraud with investment apps, scammers use various methods to find victims.
Various methods of deception are created:
- Advertising bots - these are fake apps with a large amount of advertisement content. Such apps contain content that poses danger, incites hatred, promotes violence;
- Fraudulent payments using fake apps that allow automatic money withdrawal from accounts without the investor's consent;
- Malicious loaders - allow unwanted programs to be installed by apps;
- Phishing schemes, through which scammers steal account credentials;
- Ransomware programs that infect devices with software that blocks user access to their own data, encrypting it in a way that prevents reading access;
- Spam apps aimed at sending unwanted messages, have mass properties through SMS, email.
How to Recognize a Fake Investment App
When you find an app you like for making investments, you should first ensure its authenticity, and if you have doubts, you need to check some points:
- distorted blurry icon - when attempting to create similar signs of official apps, scammers try to deceive investors with a distorted appearance of an existing company icon;
- the site has suspicious reviews - if there are negative or a large number of positive reviews, conclusions about the app can be drawn;
- registration requires entering many unnecessary rights - these are stipulated in the privacy policy;
- presence of grammatical errors and typos – official companies do not allow this;
- recent app release date - if the site was created recently but has many reviews and downloads, it is fake;
- a small number of downloads can raise doubts about the app's authenticity;
- false information about developers - you should verify the reality of the company's name, website email address.