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targeting the middle-aged and elderly! what is the trap of “million-dollar insurance premium renewal”?

2024-09-12

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"wechat pay's million-dollar insurance is always free, there is no such thing as "expiring" or "overdue", there is no requirement to "pay to renew the insurance", and it will not affect your credit report."
"any mention of "expiration renewal, activation and payment, customer service assisted cancellation" is a scam, please do not believe it."
before the mid-autumn festival, on september 12, the wechat security center issued the "announcement to combat fraud using the name of wechat's million-dollar guarantee."
the announcement stated that wechat pay's million insurance is a default and completely free insurance service. however, recently some criminals have targeted some users, especially the middle-aged and elderly, and used their unfamiliarity with the service to set traps and commit fraud under the pretext of "million insurance expires and needs to be renewed" or "automatic deduction is turned off".
the wechat team said it will continue to intensify the crackdown on such fraudulent activities and has imposed tiered penalties on relevant accounts based on the severity of the violations.
wechat security center reminds:
1. be wary of fraudulent methods that impersonate customer service. the wechat team will not contact users via facetime. please be cautious when answering unfamiliar calls to avoid being deceived.
2. do not disclose important information. when it comes to sensitive operations such as entering account passwords, verification codes, and transferring money, you must remain highly vigilant.
3. report fraudulent activities promptly. if you find fraudulent information on the wechat platform, you can file a complaint through the wechat client or the tencent guardian applet.
text|reporter wang danyang
image: from wechat security center
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