Users of the Betterment investment platform were targeted with a fraudulent scam notification that promised triple crypto returns, urging them to act quickly. The alert was fake and not issued by Betterment itself, but it still reached real customer accounts, raising concerns about deceptive messaging tactics.
According to reports, the scam’s message mimicked official communication and offered unusually high crypto profits to lure recipients, a common red flag in crypto fraud schemes. Betterment security teams quickly clarified that the notification was unauthorized and misleading.
The incident highlights a rising trend of fake investment alerts designed to exploit users’ trust, emphasizing the importance of verifying any unexpected messages before acting on them.
