With the growing excitement around the release of the new iPhone 8 and iPhone X, scammers are handing out "free" phones at a hidden cost.
In this day and age, it's easy to get drawn into the buzz surrounding the release of new technology. People always want the latest gadgets at the lowest prices. Fraudsters know this and have found clever ways to disguise scams as bargain deals.
Through social media advertising, scammers are offering the latest edition iPhones for free - only if individuals perform certain tasks. These assignments include sharing links to fake websites, distributing the iPhone ad to 50 or more Facebook friends, or filling out forms disclosing personal information.
However, these actions give scammers the tools they need to draw you into more scams. Reports claim that the ads are frequently embedded with malware, and the links redirect users to sites that offer other enticing, but costly, scams. Not to mention the fact that the information collected in the forms can be used for identity theft.
Unfortunately, this offer is too good to be true. Your free iPhone will never arrive, but your identity might be compromised forever.