How to Stop Unwanted Forex and Crypto Calls from London-Focused Scammers

Dealing with unwanted Forex and crypto related calls can be a frustrating and unsettling experience. The majority of these calls often emanate from London and possibly local associates. Here are some effective strategies and practical tips to help you mitigate these intrusions, ensuring your peace of mind and overall digital well-being.

Understanding the Nature of These Calls

These persistent calls can be categorized into spam and fraudulent activities, where scammers use various tactics to manipulate victims into engaging in financial transactions. They may promise high returns and attractive investments, only to lead you into a complex web of deception.

Optimizing Your Approach

Ignoring the Calls

One of the simplest strategies is to ignore the calls altogether. Scammers often give up after a few attempts, realizing that their target is not responsive. However, it's important to be consistent in this approach. If the calls begin to multiply, you must keep your resolve to not engage.

Blocking the Numbers

Another effective strategy is to block the incoming numbers. This can be done through your phone's built-in features or through third-party apps that specialize in blocking spam calls. However, this method is not without limitations since scammers frequently change their numbers to avoid detection by such blocking mechanisms.

Engaging with the Caller for 30 Seconds

Sometimes, simply answering the call and engaging in a short conversation can also serve as an effective deterrent. During the conversation, provide a reason that is difficult for the caller to refute, such as a court-ordered bankruptcy. This can make the scammer realize that your case is more serious than they initially thought and less likely to continue the harassment.

To handle these calls, follow this script:

“I am currently in a court-ordered bankruptcy. This sounds like a great opportunity, please provide your contact details so the court-appointed solicitor can follow up with you directly.”

This response is designed to make the scammer believe that you have legal representation, which is practically impossible for them to argue against. As a result, this tactic can significantly reduce the frequency of these calls.

Key Steps to Prevent Unwanted Calls

To enhance your defenses against unwanted Forex and crypto calls, consider taking the following steps:

Register for Do Not Call Lists

Many countries have official do-not-call registries. Registering your phone number can help prevent intrusive and repetitive calls.

Use Virtual Numbers

Consider using a virtual phone number provided by services like Google Voice or a virtual PBX. These services can filter and block unwanted calls before they reach you.

Talk to Your Bank and Financial Institutions

Inform your bank and financial institutions about the persistent calls. They may be able to provide additional layers of protection or alert authorities.

Stay Informed and Vigilant

The digital landscape is constantly evolving, and so are the tactics of scammers. Stay informed about the latest scams and security measures. Utilize reputable resources, such as government or financial institution websites, to stay educated on the best practices for protecting your financial privacy.

By being proactive and using a combination of these strategies, you can significantly reduce the impact of unwanted Forex and crypto calls. Remember, your financial well-being is at stake, and taking action is crucial.

Stay safe out there!