fraud

The Federal High Court in Lagos has sentenced eight Chinese nationals to one year in prison each for cyberterrorism and internet fraud, in connection with a massive transnational cryptocurrency scam …

Banks are facing renewed pressure to protect their customers from scams on Zelle, the payment network owned by JPMorgan, Wells Fargo, Bank of America, Capital One, and other big banks. …

Spanish authorities have arrested five individuals in Madrid and the Canary Islands, suspected of laundering $540 million (€460 million) from illegal cryptocurrency investment schemes and defrauding more than 5,000 victims. The …

Europol on Monday announced the takedown of a cryptocurrency investment fraud ring that laundered €460 million ($540 million) from more than 5,000 victims across the world. The operation, the agency …

The Federal Bureau of Investigation (FBI) has warned Americans of cybercriminals impersonating health fraud investigators to steal their sensitive information. As the federal law enforcement agency cautioned in a Friday …

Spanish police have arrested five people in connection with a “crypto investment fraud ring” that laundered almost $540 million (€460 million) in illicit profits from more than 5,000 victims. It …

A man at the center of a massive crypto Ponzi scheme will spend nearly eight years behind bars after a federal judge handed down a 97-month prison sentence in Brooklyn …

Cybersecurity researchers have exposed the inner workings of an Android malware called AntiDot that has compromised over 3,775 devices as part of 273 unique campaigns. “Operated by the financially motivated …

With the rise of digital transactions credit card frauds have also become a pressing concern for millions. That is why understanding the legal consequences and safeguarding your credit card is …

In brief AI deepfakes of celebrities, government officials, and more accounted for 40% of “high-value” crypto fraud in 2024, a Bitget report claimed. Crypto scam losses reached $4.6 billion in …