Why are there so many scam messages about silver?

1. Silver is a precious metal with relatively high value. Fraudsters usually use people's interest and pursuit of precious metals investment to commit fraud. They lure victims by sending false information, claiming that they can provide silver investment opportunities or sell silver at a low price.

2. Fraudsmen will make use of people's ignorance of the financial market to create false quotes or ups and downs forecasts, so as to attract victims to buy so-called silver investment products. These false quotations are often used to make victims panic or greedy, thus making wrong investment decisions.

3. Fraudsmen will also use network technology to obtain personal information by sending a large number of spam messages or phishing emails. They will claim that they need the victim's personal identification, bank account number and other information to handle silver transactions, and then use this information for theft or other illegal activities.