ABC (Australia): ‘Loom’ scam lures with promises of earning quick cash through social media

ABC (Australia): ‘Loom’ scam lures with promises of earning quick cash through social media. “There are warnings of an international online scam called the ‘Loom’ scheme in Australia, which targets young people through social media and can lead to participants ‘scamming’ their family and friends and leaving them hundreds of dollars out of pocket.”