Scam texts net over $1 billion for cyber gangs – how to avoid their traps

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ZDNET’s key takeaways

• Scam texts relating to tolls and deliveries have made Chinese scammers billions.
• US-based mules are paid to max out credit cards digitally cloned from stolen data.
• The luxury goods purchased with victims’ funds are shipped to China.

Chinese scam rings have made over $1 billion in the past three years by sending scam text messages, officials warn. 

As reported by The Wall…