Tagged: scams

September 21, 2026 @ 8:57 am By Omar Faridi  |  

French data breaches have coincided with a noticeable increase in phone-based cryptocurrency fraud, according to entrepreneur Owen Simonin, better known as Hasheur. The founder and chief executive of the French platform Meria says he has received multiple reports in recent days of callers posing as… Read More

September 10, 2026 @ 2:13 am By Omar Faridi  |  

Iran-linked cyber spies have been approaching technology specialists in aviation, aerospace and financial services with fabricated job opportunities that conceal previously unseen malware, according to recent findings from Kaspersky. The cluster, which the Russian firm tracks as Mirage Kitten, has focused on developers and other… Read More

September 9, 2026 @ 3:04 am By Omar Faridi  |  

US and UK based investigators have opened a new chapter in the fight against industrial-scale cryptocurrency fraud. On September 3, 2026, officials from both countries signed a first-of-its-kind memorandum of understanding that commits them to pursue the overseas compounds behind investment and romance scams that… Read More

September 4, 2026 @ 1:36 pm By Omar Faridi  |  

US Treasury officials have documented a sprawling pattern of suspected cryptocurrency investment fraud, linking roughly $13 billion in reported financial activity to international scam networks that prey on people across the United States. The finding, released on September 3, 2026, comes from the Financial Crimes… Read More

August 18, 2026 @ 6:02 pm By Omar Faridi  |  

Australia’s corporate regulator has issued a strong alert about the growing misuse of generative artificial intelligence to construct elaborate webs of fake online content designed to lure people into fraudulent investment schemes. The Australian Securities and Investments Commission (ASIC) reports a sharp increase in scams… Read More

August 15, 2026 @ 6:40 pm By Omar Faridi  |  

Arizona residents who fell prey to cryptocurrency ATM scams have begun reclaiming their funds thanks to a state consumer protection measure. Attorney General Kris Mayes recently revealed that her office has assisted 35 individuals in securing complete reimbursements amounting to $171,332. These recoveries stem from… Read More

August 4, 2026 @ 3:36 am By Omar Faridi  |  

Hong Kong authorities have highlighted a major online romance fraud in which a middle-aged insurance professional lost more than HK$26 million (approximately US$3.3 million) after being drawn into a scheme centered on a bogus cryptocurrency trading application. According to police figures released via the force’s… Read More

July 27, 2026 @ 8:14 am By Omar Faridi  |  

Elliptic has noted that Crypto ATMs, often called Bitcoin ATMs because of the cryptocurrency’s dominance, provide a straightforward way for people to convert physical cash into digital assets. While these machines serve legitimate customers, they have also become a favored tool for fraudsters. Scams typically… Read More

July 24, 2026 @ 3:55 pm By Omar Faridi  |  

The official X account belonging to Robinhood Markets (NASDAQ: HOOD) Chief Executive Officer Vlad Tenev was reportedly taken over and used to promote a newly created memecoin known as Vladhood, or $VLAD. The unauthorized post framed the token as the official mascot of Robinhood Chain… Read More

July 23, 2026 @ 6:23 am By Omar Faridi  |  

The latest insights from UK Finance underscore a persistent and evolving challenge in the fight against financial crime. Despite consant efforts by banks and financial institutions to block illicit activities, fraudsters are demonstrating greater sophistication, leading to rising losses and a notable change in tactics…. Read More

July 7, 2026 @ 6:23 am By Omar Faridi  |  

The United Kingdom’s Payment Systems Regulator (PSR) has announced that its mandatory reimbursement rules for authorised push payment (APP) fraud are producing clear overall benefits for consumers and the wider payments sector. Authorized push payment scams occur when individuals are tricked into authorizing transfers directly… Read More

June 25, 2026 @ 2:22 am By Omar Faridi  |  

Starling Bank has launched a new artificial intelligence tool designed to help customers identify and avoid romance scams, investment fraud, and deepfake phishing attempts. The Scam Intelligence AI-agent, now integrated into the bank’s Starling Assistant, became available to its five million customers on 24 June… Read More

June 20, 2026 @ 1:27 am By Omar Faridi  |  

MetaMask has introduced a new security feature designed to shield users from address poisoning, one of the most deceptive and increasingly prevalent threats in the cryptocurrency space. MetaMask added that this update marks a significant step forward in proactive wallet protection, addressing a scam that… Read More

June 16, 2026 @ 2:53 am By Omar Faridi  |  

Blockchain intelligence firm TRM Labs has issued an early alert on rising cryptocurrency scams linked to the upcoming FIFA World Cup 2026. According to their analysis, fraud operators are already deploying various schemes aimed at enthusiastic supporters, capitalizing on heightened excitement around the global tournament…. Read More

June 15, 2026 @ 2:10 am By Omar Faridi  |  

Criminals stole nearly £1.28 billion through payment fraud in 2025, according to the latest annual figures from UK Finance, marking a 4% rise from the previous year. The data underscores how fraud has evolved into a large-scale operation that endangers individuals, companies, and the broader… Read More

June 8, 2026 @ 12:08 pm By Ariel Reid  |  

There is a reason your bank texts you a fraud alert instead of emailing it. People open text messages. Almost all of them, almost immediately. SMS open rates run as high as 98%, and roughly 90% of messages are read within three minutes of delivery…. Read More

June 1, 2026 @ 6:04 am By Omar Faridi  |  

The US Securities and Exchange Commission (SEC) has taken legal action against Nathan Fuller, a resident of Cypress, Texas, accusing him of masterminding a significant cryptocurrency fraud that defrauded approximately 150 investors of around $12.3 million. The SEC has filed its complaint on May 28,… Read More

May 9, 2026 @ 2:51 pm By Omar Faridi  |  

Cybersecurity firm Kaspersky has issued new warnings about evolving online risks that could leave millions vulnerable to financial losses and data theft. In separate reports released this week, the digital security company detailed how subtle “gray” scam websites are tricking users worldwide and revealed troubling… Read More

May 8, 2026 @ 10:19 pm By Omar Faridi  |  

A 30-year-old Saipan resident known as Sze Man Yu Inos, who also goes by the name Yuki, was sentenced to more than five and a half years behind bars for orchestrating a deceptive wire fraud operation that exploited the trust of numerous older women. On… Read More

May 4, 2026 @ 8:49 am By Omar Faridi  |  

North Korea has launched a forceful denial of international accusations linking it to large-scale cryptocurrency thefts, directing its ire at what it describes as “reptile media” alongside U.S. officials and allied groups. In an official statement released through state channels, a Foreign Ministry spokesperson dismissed… Read More