Threat hunting company Group-IB published a report on a new scam scheme that they named “Classiscam.” The report reveals 40 or more groups currently running this scheme across Russia and Europe. The scheme involves a hierarchy of administrators, workers, and callers, who organize their activities through a Telegram bot. The scam itself targets customers of online marketplaces with a combination of baits, messages, and fraudulent sites to steal a victim’s money.

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