Believe me the central bank puts out social media posts to inform the public on a regular basis, however a lot of people still fall for these frauds because the

Believe me the central bank puts out social media posts to inform the public on a regular basis, however a lot of people still fall for these frauds because the fraudsters prey on their greed and fear. I’ve seen even the most educated tech savvy people fall for these frauds. So I would say “educating people” is insufficient. Another problem is because the law works extremely slowly, by the time any legal action can be taken to take down the destination bank accounts the fraudsters have already gained and taken the money. Sideloading is the thing that works because the legal infrastructure simply can’t keep up with the fraudsters. I would be inclined to agree with you if I know that the legal system immediately stops fraudsters and returns the money to the people without damange. We’re far from that.