SECURITY experts have issued a warning over a scam website that you should never search for.
Whether you use Google Chrome or another browser and search engine, there’s a key phrase you should avoid.
According to cybersecurity specialists at Trend Micro, the phrases “Walexer” and “Walexer[.]com” are dangerous.
It’s also advisable not to click on adverts or pop-ups for Walexer.
The website promises to make people money via cryptocurrency investments.
Bogus social media videos promoting the site are said to be rife right now.
The Trend Micro blog states: “For many people, the first time they will hear about Walexer[.]com will be through one of the many deceptive videos posted to TikTok alleging that people can get 0.325 Bitcoin (currently around $9500) for free using a promo code.
“Of course, the money is not real. The videos are simply designed to drive people to the scam site.”
The blog goes on to state that the site is “100 [percent] a scam.”
The scammers behind the site are said to just want victims to deposit money that will never be invested.
That money will go straight into the pockets of cybercriminals.
Personal information is also at risk as victims will be asked for that when they try to sign up to Walexer.
This information could then be sold by scammers.
The best thing to do is to avoid signing up for any too-good-to-be-true schemes.
Do your research before investing any money and even contact loved ones for their opinion before doing anything.
If you have fallen for the scam, you can report fraudulent behavior to the FTC at ReportFraud.ftc.gov.
