Fraud and Scams
Have you ever wondered how much it costs to produce a podcast? Well I have an idea. In the world of business there is what some refer to as Customer Acquisition Costs (CAC). I think I can come up with a pretty decent number to help you understand how much it has cost to create this podcast.
The figure is upwards of $150. This is how much I lost in both the most recent online fraud case I was a victim of as well as a year or so old attempt to buy a used phone from the UK that went sideways.
In this episode I described the transition from traditional money to crypto as. A means to describing some of the safety features that exist in crypto while at the same time talking about some of m earlier scams. Then I describe others finally talking about the latest one. Without naming names I also talk about the local safety net that exists and attempt to reach them/it for help. How that goes will be an episode for another podcast. Suffice it to say so far the number are off, too busy and there is no response from their social!