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Scams, Schemes and Hacks

$9,100 Drained From US Veteran’s Bank Account – Bank Rejects Responsibility, Demands Victim Pay $2,800 Negative Balance: Report

A customer at a US bank says $9,100 was mysteriously drained from his account even after he notified the lender…

May 16, 2024

Gone in 12 Seconds: Two MIT-Educated Brothers Arrested for Alleged Lightning-Fast $25,000,000 Crypto Exploit

Two US brothers who attended the Massachusetts Institute of Technology (MIT) have been arrested for allegedly partaking in a high-speed…

May 16, 2024

$1,700,000,000 Hedge Fund Hacked for Unspecified Amount in Crypto Assets, Perpetrators Not Arrested: Report

A major crypto investment firm is reportedly the latest victim of a security breach in the digital asset industry. Bloomberg…

May 16, 2024

UN Experts Say North Korea Laundered $147,500,000 in Stolen Crypto via Tornado Cash in March: Report

Members of a United Nations expert panel monitoring North Korea sanctions reportedly found a link between the totalitarian state and…

May 16, 2024

CFTC Warns Public of ‘Money Mule’ Scams Involving Crypto Disguised As Work-From-Home Opportunities

Students and job seekers should be wary of a specific type of crypto scam falsely promising work-from-home opportunities, warns the…

May 15, 2024

Bank Employee Attacks Hundreds of Accounts, Sells Customers’ Payment and Personal Data in Insider Scheme: US Justice Department

An employee at a US bank repeatedly stole and sold customer data in a lucrative insider scheme, according to the…

May 15, 2024

Hacker Returns Nearly All of $68,000,000 Worth of Crypto Stolen From Whale Wallet: On-Chain Data

A hacker who managed to steal nearly $70 million in crypto from a whale has returned almost everything, according to…

May 13, 2024

Billion-Dollar Bank Sued After Revealing Massive Data Breach Affecting Thousands of Customers, Exposing Account Details, Social Security Numbers and Medical Information: Report

A US lender is facing separate class action lawsuits over a security incident that exposed thousands of customers' personal identifiable…

May 13, 2024

$81,000 Drained From Wells Fargo Account, Sent To Citibank – Victim Says She Received No Alerts, No Care, No Compensation

A woman who discovered tens of thousands of dollars missing from her Wells Fargo account says the financial giant is…

May 12, 2024

Use of Fake Money Reported Across US After Secret Service Seizes $21,800,000 of Counterfeit Cash in One Year

Reports of people trying to use counterfeit cash are spreading across the US. Headlines on various attempts to pay with…

May 12, 2024