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Corona Scam Warning – Boiler Rooms try to exploit pandemic panic!

Last updated on May 5, 2020

In the current corona pandemic panic, many people do no longer go to the office but work from home. The home office approach is currently also practiced by international corporations. Social contacts should be minimized to prevent further spread, experts argue! As a result, people are likely to sit in front of their PCs more often without the office environment they are accustomed to. This, unfortunately, also makes them more accessible to scammers. We have received initial information from whistleblowers that boiler rooms in the Balkans are planning to use the Corona Pandemic and the resulting insecurity of people to increase attacks on investors. We therefore strongly recommend increased caution.

Several whistleblowers informed us over the last couple of days that boiler rooms in the Balkans are working on new scripts to take advantage of the Corona pandemic panic and the economic uncertainty of the people. These cybercriminals know no scruples and are brutally exploiting the “black swan” event. Be extremely cautious and don’t make any financial deals in case of doubt.

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