In my post about Checkmate, I wrote that this clearly wouldn't be the last high-profile case of an agency shutting down. After all, the market is in a very difficult situation, and many would rather simply scam everyone and walk away with whatever cash is left in their accounts. And today, reports have surfaced about an alleged scam involving Valley Agency.

Media outlets are reporting a $12K scam, but that's only the amount allegedly taken from one team that requested a refund and never received it. It's difficult to estimate the total losses, but considering how well-known Valley Agency was and the volume of advertising it used to buy, I think the losses are clearly over $200K.

And the usual reminder: don't put too much trust in agency account providers, even if they've been in the market for years and advertise everywhere. Keep only as much money in your balance with them as you're prepared to lose at once.

In my post about Checkmate, I wrote that this clearly wouldn't be the last high-profile case of an agency shutting down. After all, the market is in a very difficult situation, and many would rather simply scam everyone and walk away with whatever cash is left in their accounts. And today, reports have surfaced about an alleged scam involving Valley Agency.

Media outlets are reporting a $12K scam, but that's only the amount allegedly taken from one team that requested a refund and never received it. It's difficult to estimate the total losses, but considering how well-known Valley Agency was and the volume of advertising it used to buy, I think the losses are clearly over $200K.

And the usual reminder: don't put too much trust in agency account providers, even if they've been in the market for years and advertise everywhere. Keep only as much money in your balance with them as you're prepared to lose at once.

In my post about Checkmate, I wrote that this clearly wouldn't be the last high-profile case of an agency shutting down. After all, the market is in a very difficult situation, and many would rather simply scam everyone and walk away with whatever cash is left in their accounts. And today, reports have surfaced about an alleged scam involving Valley Agency.

Media outlets are reporting a $12K scam, but that's only the amount allegedly taken from one team that requested a refund and never received it. It's difficult to estimate the total losses, but considering how well-known Valley Agency was and the volume of advertising it used to buy, I think the losses are clearly over $200K.

And the usual reminder: don't put too much trust in agency account providers, even if they've been in the market for years and advertise everywhere. Keep only as much money in your balance with them as you're prepared to lose at once.

In my post about Checkmate, I wrote that this clearly wouldn't be the last high-profile case of an agency shutting down. After all, the market is in a very difficult situation, and many would rather simply scam everyone and walk away with whatever cash is left in their accounts. And today, reports have surfaced about an alleged scam involving Valley Agency.

Media outlets are reporting a $12K scam, but that's only the amount allegedly taken from one team that requested a refund and never received it. It's difficult to estimate the total losses, but considering how well-known Valley Agency was and the volume of advertising it used to buy, I think the losses are clearly over $200K.

And the usual reminder: don't put too much trust in agency account providers, even if they've been in the market for years and advertise everywhere. Keep only as much money in your balance with them as you're prepared to lose at once.