Californians keep losing millions of dollars in elaborate scamsCalifornia leads the U.S. in losses from cryptocurrency scams, with $1.1 billion reported in 2023.
3 California residents arrested in reported pig butchering' investment schemes totaling $13 millionThree individuals were arrested for stealing over $13 million through shell companies linked to pig butchering investment scams.
Suave NYC con slapped with sentence for using 'wealthy' alter ego to swindle investors out of $700kIan Mitchell swindled $700,000 using a fake identity, posing as a wealthy Jamaican investment banker.
Missouri woman charged in scheme to steal Graceland and extort Presley heirsA Missouri woman was arrested for attempting to defraud Elvis Presley's family by falsely claiming Graceland was collateral for a bogus loan.
Californians keep losing millions of dollars in elaborate scamsCalifornia leads the U.S. in losses from cryptocurrency scams, with $1.1 billion reported in 2023.
3 California residents arrested in reported pig butchering' investment schemes totaling $13 millionThree individuals were arrested for stealing over $13 million through shell companies linked to pig butchering investment scams.
Suave NYC con slapped with sentence for using 'wealthy' alter ego to swindle investors out of $700kIan Mitchell swindled $700,000 using a fake identity, posing as a wealthy Jamaican investment banker.
Missouri woman charged in scheme to steal Graceland and extort Presley heirsA Missouri woman was arrested for attempting to defraud Elvis Presley's family by falsely claiming Graceland was collateral for a bogus loan.
Exposed: listening in on a $35m phone scam podcastMark lost all his life savings to a phone scam under the false pretense of profitable investments.
How Scammers Stole $538 Million from Seniors Last Year and What You Can Do to Stop ThemScammers are increasingly targeting seniors, leading to significant financial losses, highlighting the need for better protective measures and awareness.
Exposed: listening in on a $35m phone scam podcastMark lost all his life savings to a phone scam under the false pretense of profitable investments.
How Scammers Stole $538 Million from Seniors Last Year and What You Can Do to Stop ThemScammers are increasingly targeting seniors, leading to significant financial losses, highlighting the need for better protective measures and awareness.
Canadians are losing millions in crypto to fraudsters. Here is how to spot red flags | CBC NewsCryptocurrency fraud schemes in Canada are on the rise, leading to significant financial losses for victims.
The FBI says Americans lost $5.6 billion in 2023 to this kind of scamCryptocurrency fraud caused over $5.6 billion in losses for Americans in 2023, highlighting the growing threat of financial scams.
FBI notified over 4,300 victims of 'pig butchering' crypto scams in past yearThe FBI's initiative has flagged over 4,300 victims of cryptocurrency fraud, helping to save $285 million.
Canadians are losing millions in crypto to fraudsters. Here is how to spot red flags | CBC NewsCryptocurrency fraud schemes in Canada are on the rise, leading to significant financial losses for victims.
The FBI says Americans lost $5.6 billion in 2023 to this kind of scamCryptocurrency fraud caused over $5.6 billion in losses for Americans in 2023, highlighting the growing threat of financial scams.
FBI notified over 4,300 victims of 'pig butchering' crypto scams in past yearThe FBI's initiative has flagged over 4,300 victims of cryptocurrency fraud, helping to save $285 million.
New Investment Scam Leverages AI, Social Media Ads to Target Victims WorldwideFraudsters exploit social media, AI-generated testimonials, and phishing websites to scam victims, significantly increasing the threat landscape in 2024.
Meta to force financial advertisers to be verified in bid to prevent celebrity scam ads targeting AustraliansMeta introduces verification requirements for financial advertisers to combat rising investment scams involving fake celebrities, effective February 2025.
Australians Lost $122M Worth of Crypto to Scams in 12 Months: PoliceInvestment scams in Australia amounted to A$382 million in 2023-24, with 47% involving cryptocurrency.
Money Launderer Who Moved Scam Victims' Funds Faces Up to Two Decades in U.S. PrisonA Chinese citizen laundered millions from cryptocurrency scams and faces up to 20 years in prison.
Trump's Coin Is About As Revolutionary As OneCoinDonald Trump's WLFI cryptocurrency project is pre-mined, lacks decentralization, and is indefinitely non-transferable, raising serious concerns about its legitimacy.
Australians Lost $122M Worth of Crypto to Scams in 12 Months: PoliceInvestment scams in Australia amounted to A$382 million in 2023-24, with 47% involving cryptocurrency.
Money Launderer Who Moved Scam Victims' Funds Faces Up to Two Decades in U.S. PrisonA Chinese citizen laundered millions from cryptocurrency scams and faces up to 20 years in prison.
Trump's Coin Is About As Revolutionary As OneCoinDonald Trump's WLFI cryptocurrency project is pre-mined, lacks decentralization, and is indefinitely non-transferable, raising serious concerns about its legitimacy.
Victims of a $7 Billion Fraud May Soon Be Paid. For Some, It's Too Late.Victims of financial fraud often face difficult choices between immediate cash settlements and potential future recoveries, with decisions that may haunt them later.
Investors Lost Record High $5.6B to Crypto Scams in 2023, FBI SaysCrypto-related financial crime cost investors $5.6 billion in 2023, driven mainly by investment fraud.The rise in fraud schemes showcases increasing vulnerabilities among investors, especially older adults.