Over $17.7 billion was lost in a single year to cyber-enabled fraud, as modern software-driven Ponzi schemes masquerade as legitimate fintech apps. In this eye-opening episode of Behind the Scams, hosts Nick and Sue reveal the intricate digital architectures that prey on unsuspecting investors. Discover how criminal networks exploit trust through affinity traps, digital gaslighting, and deceptive exit strategies. Learn to recognize critical warning signs of these schemes and arm yourself with essential verification habits to protect your assets. Don’t let shame keep you silent—join the fight against fraud and empower yourself with knowledge.

Chapters

• (00:00:00) - Crypto Fraud: The Seduction, the Illusion and the Coll
• (00:07:01) - Pharmaceutical Phishing: How Digital Plugs Help Scammers
• (00:08:43) - How Crypto Scammer's Get Money Out of You
• (00:10:22) - The Ponzi Scam Cycle
• (00:16:32) - Behind The Scams