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Scams, Hacks & Breaches

Crypto ‘Mastermind’ Allegedly Behind $3,360,000 Scheme Arrested in South Korea: Report

Police in South Korea have captured a cryptocurrency scammer who reportedly defrauded millions of dollars from unsuspecting victims. According to…

September 3, 2024

Federal Trade Commission Issues Warning on Crypto ATM Scams, Says Victims Losing $10,000 on Average: Report

The Federal Trade Commission (FTC) is reportedly issuing a warning about crypto ATM scams, noting that victims are losing thousands…

September 2, 2024

Banking Giant Says Tens of Thousands of Customers Are Spending Millions on Products That Never Arrive: Report

Lloyds Bank says tens of thousands of customers in the UK are falling for fake websites while shopping. The bank…

September 1, 2024

Gold Dealers Part of ‘Large Laundering Network’ Agree To Plead Guilty to National Crypto and Romance Scam: Report

Two US-based gold dealers are reportedly pleading guilty over their roles in a nationwide scam that involves cryptocurrencies. According to…

September 1, 2024

JPMorgan Chase Customers Extract Cash From ATMs Using Supposed Bank ‘Glitch’ – And Immediately Regret It

An illicit method of extracting cash from JPMorgan Chase ATMs is going viral. Posts and videos are spreading across social…

September 1, 2024

Woman Deposits $6,000 Into Scammer’s JPMorgan Chase Account, Banking Giant Says Reimbursement Not Happening: Report

JPMorgan Chase says it's not responsible after an Ohio woman deposited $6,000 directly into a scammer's Chase bank account. The…

August 30, 2024

Scammers Draining Cash Directly From ATMs, Emptying Bank Accounts Without Debit Cards in Sophisticated Scheme: Cybersecurity Researchers

Cybersecurity researchers say scammers have found a sophisticated way to drain bank accounts directly from ATMs – without needing a…

August 30, 2024

‘Pig Butchering’ Is the Most Lucrative Crypto Scam in 2024: Chainalysis

New data from market analytics platform Chainalysis reveals that "pig butchering" schemes are the most lucrative type of crypto scam…

August 29, 2024

SEC Charges Brothers for Fake Crypto Trading Bot That Led to Misappropriation of About $54,000,000

The U.S. Securities and Exchange Commission (SEC) charged two brothers with allegedly operating a $61.5 million Ponzi scheme that relied…

August 28, 2024

DOJ Thanks Tether for Assistance in Seizure of $5,000,000 USDT in Fraud Scheme

The U.S. Department of Justice (DOJ) says stablecoin issuer Tether has helped authorities recover funds stolen for victims of a…

August 25, 2024