Last year, TikTok’s executives quietly defanged its advertising rules, opening the floodgates to fraudsters that target American users with fake sales of products that never arrive. Sources told Forbes the change was understood internally as a way to make more money.
In a world filled with scams, being wary makes perfect sense. But health, trust and decision-making can suffer when the fear of getting conned goes too far.
Fraudsters have long told stories of imprisoned nobles and hidden fortunes, with desperate pleas for help. Email simply gave their messages a perfect medium.
In search of a status symbol, I wound up getting ripped off big-time. But the real scam is how America's payment apps treat their customers.
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2018’s ‘Summer of Scam’ was just the latest in a strong American tradition.