Classiscam Scam-as-a-Service Raked $64.5 Million During the COVID-19 Pandemic

The Classiscam scam-as-a-service program has reaped the criminal actors $64.5 million in illicit earnings since its emergence in 2019. “Classiscam campaigns initially started out on classified sites, on which scammers placed fake advertisements and used social engineering techniques to convince users to pay for goods by transferring money to bank cards,” Group-IB said in a new report. “Since