Posts Tagged ‘Financial Institutions’
52. How a Japanese business owner panics amidst rumour-driven bank run
52. How a Japanese business owner panics amidst rumour-driven bank run In Japan, a false rumour about a major bank’s insolvency spreads rapidly online, leading to a bank run. Misinformation propagated by anonymous sources on platforms like TradeChat and MoneyBuzz creates panic among investors, including small business owner Hiroshi Takahashi. Individual outcomes Hiroshi faces financial…
Read More19. How Elderly Victims Were Tricked by a Sophisticated Phishing Scam in Silicon City
19. How Elderly Victims Were Tricked by a Sophisticated Phishing Scam in Silicon City In Silicon City, a technologically advanced urban center, residents, including elderly couple John and Linda, become victims of a sophisticated phishing scam. Fraudsters, posing as bank officials, use realistic emails to trick victims into revealing their banking details. Individual outcomes John…
Read More14. How a Phishing Scam Exploited Retirees in London
14. How a Phishing Scam Exploited Retirees in London In London, a group of retirees, including 72-year-old Elizabeth Morgan, fall victim to a sophisticated phishing scam disguised as an investment opportunity. The scam, promoted through a seemingly reputable financial blog, exploits the victims’ gullibility. Individual outcomes Individuals like Elizabeth suffer significant financial losses, leading to…
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