4 Scams To Look Out for on the Telegram App – GOBankingRates





Banking
Learn
Savings Accounts
Checking Accounts
Certificate of Deposit
Money Market Accounts
Credit Unions
Loans
Interest Rates
Reviews
Get Started
Best Savings Accounts
Best Checking Accounts
Best CD Rates
Best Money Market Accounts
Best National Banks
Best Online Banks
Best Regional Banks
Best Credit Unions
Best Bank Promotions
Find The Best Bank For You

Investing
Learn
Stocks
Bonds
Cryptocurrency
Brokerages
Funds
Real Estate
Your Strategy
Reviews
Get Started
Best Online Brokerages
Best Investing Apps
Best Mutual Funds
Best Stocks for Beginners
Best Robo-Advisors
Cheap Stocks to Buy New
Best Cryptocurrency to Buy Now
Next Big Cryptocurrency
Find The Best Bank For You

Retirement
Learn
401k
IRAs
Social Security
Annuities
Savings Advice
Get Started
Best IRA Providers
Best Roth IRA Providers
Best 401k Companies
Best 401k Plans
Retire Early
Best Online Banks
Best Regional Banks
Best Credit Unions
Best Bank Promotions
Retirement at Any Age
Retirement at Any Age

Credit Cards
Learn
News & Advice
Rewards
Retail
Business
Reviews
Get Started
Best Credit Cards 2023
Best Reward Credit Cards
Best Balance Transfer Credit Cards
Best Cash Back Credit Cards
Critics’ Choice Credit Cards
Best Travel Credit Cards
Best Airline Credit Cards
Check Credit
Raise Credit
Repair Credit
Find The Best Card For You

Live Richer™
Learn
Saving Money
Money
Shopping
Budgeting
Home Tips
Side Gigs
Net Worth
Financial Planning
Taxes
Get Started
Create a Budget
Tackle Debt
Know Your Net Worth
Find a Side Job
Your Money Champion
Pay off Your Mortgage
Live Richer Podcast
Find The Best Bank For You

Trending
Trending Topics
News & Events
Crypto on the Go
Travel Rich
Filing Taxes 2022
Back to School Finances
GEN Z: The Future of Finances
Small Business Spotlight
Financially Savvy Female
Economy Explained
Top Money Experts
Retirement at Any Age
GOBankingRates Newsletters
Retirement at Any Age

Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all available deposit, investment, loan or credit products.
Telegram is known to be one of the most private and secure free apps for messaging. The company is so confident about its security that in 2014, it offered entry into a competition to try and decipher its secure messages for a prize of $300,000 to anyone who succeeded.
Learn: If Your Credit Score is Under 740, Make These 4 Moves Now
There are currently over 700 million active users each month on Telegram, making it one of the most downloaded apps. Another feature that makes Telegram unique is the scalability — you can create groups for up to 200,000 people while still maintaining secure communication.
Bonus Offer: Open a new Citi Priority Account by 1/9/23 and earn up to a $2,000 cash bonus after completing required activities.
Despite the platform’s efforts to maintain a secure environment for its users, there are Telegram bot scam alerts you should be aware of.
One of the biggest Telegram bot scam alerts to watch out for are fake accounts. They may look just like the most popular channels, but they’re not. Scammers take great measures to make the copycat channel look like the real one, with similar profile photos and even admin with the same names.
However, you’ll soon start seeing posts about cryptocurrency and other schemes and even start receiving private messages from admin and other users promoting such schemes.
In many cases, you may be added to such a channel unknowingly.
To avoid the issue, you can change your settings to prevent strangers from adding you into groups and channels.
Savings Offer: Lower your bills in minutes! BillCutterz negotiates lower bills with your service providers. Send us your bills today!
Limiting who can add you to groups can reduce the chances of getting involved with a fake account. If you suspect you’re dealing with a fake group or channel, you can report it by clicking on the three dots in the corner and selecting “Report.”
Telegram uses bots on the platform to serve as a channel or group’s assistant. The trouble is, it’s hard to tell if the bot is legitimate. Scammers have been known to use a bot called SMSRanger, which poses as a bank or company representative to phish for private information. If a scammer is able to get your or a contact’s phone number, the bot may be able to convince a user to provide personal information such as identifying or financial information.
To avoid the scam, look out for typical phishing behaviors such as an urgent need to communicate, spelling and grammar errors and requests for you to text sensitive info to verify your identity. Remember that companies won’t message you via Telegram for important information. When in doubt, contact the company directly using the publicly-available phone number.
Don’t get overly excited about too-good-to-be-true job offers you receive via Telegram. 
Many employment scammers include Telegram as part of their fraud. If you find that an offer pays a disproportionately high wage or includes benefits that are incredibly enticing, be wary. They’ll often require you to interview via Telegram.
Bonus Offer: Bank of America $100 Bonus Offer for new Online Checking Accounts. See page for details.
If the “hiring manager” requests sensitive personal info or asks you to pay for items such as computer equipment or training during the Telegram interview, it’s most likely a scam. Most reputable companies offering excellent pay don’t interview through messaging apps — and they don’t expect you to pay to work for them.
In recent years, Telegram users have been swindled out of $6.5 million from fake classified ad bots. You may come across a classified for products such as electronics that provide Telegram contact info to finalize the sale. The problem is, a bot will respond to your interest in the item and will try to steal personal information from you such as credit card information or your home address.
If the price is too low for the item or the seller won’t meet with you in person and asks to speak over Telegram, proceed with caution. The safest way to proceed is to inspect the item in person before you hand over any money or provide personal details.
Regardless of how secure a platform is, scammers work hard at taking advantage of its vulnerabilities. In the case of Telegram, it’s more likely that someone or a Telegram bot is impersonating a respected company or channel to gain access to your personal information.
Proceed with caution and use common sense. Avoid providing sensitive data such as your Social Security number, phone number, full name or address, or you may become a victim of fraud.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.

Our in-house research team and on-site financial experts work together to create content that’s accurate, impartial, and up to date. We fact-check every single statistic, quote and fact using trusted primary resources to make sure the information we provide is correct. You can learn more about GOBankingRates’ processes and standards in our editorial policy.
Share This Article:

Sponsored Links by Zergnet Zergnet
Every day, get fresh ideas on how to save and make money and achieve your financial goals.
Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all available deposit, investment, loan or credit products.

Sign up for our daily newsletter for the latest financial news and trending topics.
For our full Privacy Policy, click here.

source



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.