How the Sugar Baby Scam Works
The scammer, posing as a mature man, sends a Direct Message (DM) on Instagram to potential victims. If the message is accepted, the scammer starts interacting with the victim until he gains her trust and claims he is rich. Once the potential victim's trust is gained, the scammer begins to her obtain financial status. The scammer then tells the potential victim that he can pay off her debt and request her banking details for the money transfer, and then make a transfer through a fraudulent account.
Once the fraudulent money transfer is done, the scammer asks the potential victim to buy them gift cards on various platforms, like Google Play Store and iTunes in return for the favor he just did. Since the potential victim is so happy this stranger(Sugar Baby) just paid off her debt, sending him a few gift cards worth far less than the money he transferred to her account, is like nothing, so she quickly sends the gift cards without thinking.
After a few days, the victim will realize that she was scammed by a fake Sugar Daddy. This is because, after draining the gift cards, the scammer disappears without a trace and the bank will detect that the money that was transferred by the Sugar Daddy was paid with a fraudulent account, so the transactions get canceled. This will remove any trace of the deposits in her account. Now, she is left with her original debt and the expense of the gift cards she sent to her fake Sugar Daddy.
How to Know if You are Being scammed
If a stranger asks you to send them gift cards as a payment, donation, or as favour, this is a red flag that someone is attempting to scam. This is how most online scammers collect money from their victims.
Check the comment section below for additional information, share what you know, or ask a question about this article by leaving a comment below. And, to quickly find answers to your questions, use our search
Note: Some of the information in samples on this website may have been impersonated or spoofed.
Comments, Questions, Answers, or Reviews
To protect your privacy, please do not post or remove sensitive information in or from your comments, questions, or reviews. NB: We will use your IP address to display your approximate location to other users. That location is not enough to find you.
Your comment, answer, or review will be set as anonymous because you are not signed in. An anonymous comment, answer, or review cannot be edited or deleted, therefore, review it carefully before posting. Sign-in.
Write Your Comment, Question, Answer, or Review
Recommendation / Advertisement