Get the scoop on finance - sign up for mobile alerts

Scams, Hacks & Breaches

Alleged $300,000,000 Crypto Ponzi Scheme in Texas Targeted by SEC As 17 Individuals Face Charges

US authorities have charged 17 people for their alleged involvement in a multi-million-dollar crypto Ponzi scheme. In a new press…

March 18, 2024

Wells Fargo Leaves Customer Hanging for Seven Months After $7,000 Drained From Account: Report

A Wells Fargo customer says the banking giant left her hanging for seven months after thousands of dollars was stolen…

March 17, 2024

Prosecutors Recommend up to 50-Year Prison Sentence and $11,000,000,000 Money Judgment for Sam Bankman-Fried

Prosecutors are recommending that disgraced FTX founder Sam Bankman-Fried serve decades behind bars as well as be ordered to pay…

March 17, 2024

JPMorgan Chase Refuses To Reimburse Customer After $7,900 Drained From Bank Account in Brutal Three-Day Hack: Report

JPMorgan Chase reportedly refuses to reimburse a customer who says she warned the bank of suspicious activity – and then…

March 16, 2024

Brother of ‘Cryptoqueen’ Responsible for $4,000,000,000 Scheme Released From US Prison: Report

The brother of the infamous “Cryptoqueen” fugitive has reportedly been released from a US prison for his role in the…

March 11, 2024

JPMorgan Chase Employee Steals $1,800,000 From Customers and Victims of Elaborate Romance Scam: Report

A former JPMorgan Chase employee in Columbus, Ohio is heading to federal prison for stealing thousands of dollars from customers…

March 10, 2024

Dead Body Used to Withdraw Cash at U.S. Bank, Say Police – Here’s Look at the Allegations

Police say two women just used their roommate's dead body to withdraw cash from the deceased victim's U.S. Bank account.…

March 8, 2024

UK Metropolitan Police Holding $3,883,974,968 in Bitcoin (BTC) From 2018 Seizure: Arkham Intelligence

London’s Metropolitan Police hold more than $3.88 billion worth of Bitcoin (BTC) from a massive 2018 seizure, according to crypto…

March 6, 2024

Over $360,000,000 Worth of Crypto Stolen in Month of February, According to PeckShield

Financial losses from crypto thefts significantly increased last month, according to blockchain security firm PeckShield. In a new post on…

March 3, 2024

Crypto Crime Appears To Drop in 2023 As Digital Asset ‘Romance’ Scams Surge by 85x Since 2020: Chainalysis

The amount of funds sent to illicit addresses in 2023 suggests a decline in cryptocurrency-based criminal activities, according to a…

March 1, 2024