Deceptive Side Hustle Leads to Millions in Losses
Authorities in Japan are sounding the alarm over a new social media scam that appears to be a simple online gig but has resulted in an estimated ¥1 billion ($6.5 million) in total damages. The Consumer Affairs Agency reports that victims are losing an average of ¥800,000 ($5,200) each, with over 1,615 cases recorded in 2024.
How the Scam Works
The fraudulent scheme preys on users looking for an easy way to earn money. It starts with a social media post or message inviting people to make money by taking screenshots of videos. Here’s how it unfolds:
- Victims are asked to add a promotional account on the Line messaging app.
- They complete a test run, taking screenshots of specific videos and receiving ¥100 per image as an initial reward.
- Once they express interest in continuing, they are directed to register on a website or app, where they must provide personal and financial details.
- Scammers then pressure victims into making payments, either as “registration fees” or by promising higher earnings if they invest upfront.
- Money withdrawals are blocked, and victims lose access to their funds.
Key Red Flags of This Scam
- Unrealistic promises of easy money with minimal effort.
- Requests to share personal or banking details on external websites.
- Pressure tactics to deposit money or upgrade accounts.
- Restricted access to funds after making payments.
The Growing Threat of Social Media Scams in Japan
Increasing Financial Fraud Cases
According to the Consumer Affairs Agency, social media-related fraud has been on the rise, with scammers exploiting popular platforms like Line, Instagram, and Twitter to lure victims. The Japan Cybercrime Control Center has also noted a spike in digital financial scams, urging users to remain vigilant.
Authorities Take Action
The Japanese government is intensifying its efforts to track down scam operators and strengthen cybersecurity measures. The Consumer Affairs Agency advises people to:
- Verify legitimacy before engaging in online money-making schemes.
- Avoid sharing personal and financial information with unknown sources.
- Report suspicious accounts to platform administrators and authorities.
How to Protect Yourself from Social Media Scams
To avoid becoming a victim, follow these cybersecurity best practices:
- Research before engaging – Check online reviews and forums for scam alerts.
- Enable two-factor authentication (2FA) – Secure your accounts against hacking attempts.
- Use trusted financial services – Never send money to unknown third parties.
- Stay updated on scam trends – Follow official consumer protection agencies for alerts.
Conclusion
With social media scams on the rise in Japan, users must remain cautious when engaging in online gigs that promise quick earnings. The Consumer Affairs Agency and law enforcement continue to monitor fraudulent activities, but public awareness is crucial in preventing further financial losses. Always verify online job offers, protect your data, and report suspicious activities to help combat digital fraud.
Source : https://www.japantimes.co.jp/news/2025/02/12/japan/crime-legal/smartphone-scams/
