Social media influencers make fraud tips look cool

According to those tracking fraud trends, social media influencers selling fraud tips and guides online is the new black.

Going the way of the latest “it” accessory, influencers are selling their methods at full speed, touting the availability of “fullz,” which is slang for information intended to cause harm to individuals, banks and retailers, according to a report on BBC.com.

With the fullz in hand, fraudsters can follow the steps in the guides to make online purchases or even take out a loan in someone else’s name. The information often comes from phishing scams that pretend to be from legitimate sources and con people into revealing their personal information, according to the report.

TikTok, Twitter, Facebook, Snapchat, Instagram and YouTube all told the BBC they did not allow fraud on their platforms, and said that they “took fraud very seriously and were constantly clamping down on criminal content.”

Yet the report poses the question: can social media companies take posts down faster than they are being posted?