Common money scams and how to avoid them

Scammers deploy a powerful weapon: your emotions.

You might think you’re impervious to money scams until you become a victim. Financial fraudsters lurk in literary every corner of life, waiting to con you out of your hard-earned money. Financial scams can take all kinds of shapes and forms.

In many developing countries, Kenya included, financial scams increased in 2020 as people struggled with the economic impacts of the Covid-19 pandemic.