scam

An advance-fee scam is a form of fraud and one of the most common types of confidence tricks. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster requires in order to obtain the large sum.

Source: en.wikipedia.org

Home Buyers, Tricked By Business Email Scams, Lose Six-Figure Sums

Home Buyers, Tricked By Business Email Scams, Lose Six-Figure Sums
Home Buyers, Tricked By Business Email Scams, Lose Six-Figure Sums
September 04, 2018  |  Fraud Prevention

A scam targeting homeowners is leaving some without the downpayment for their closing on the day the loan is to be signed. Get the Full...

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Switchfast: SMB Employees Outperform Managers On Cybersecurity
Switchfast: SMB Employees Outperform Managers On Cybersecurity
August 28, 2018  |  B2B Payments

Follow the leader? When it comes to small business (SMB) cybersecurity, perhaps not. A new report form IT consulting firm Switchfast revealed the mistakes professionals...

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Hackers Clone Debit Cards From India Bank
Hackers Clone Debit Cards From India Bank
August 14, 2018  |  Cybersecurity

India’s Cosmos Bank was the target of an attack in which hackers were able to transfer more than Rs 94 crore via a malware attack,...

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FBI Warns Banks About Widescale ATM Cash-Out Scam
FBI Warns Banks About Widescale ATM Cash-Out Scam
August 13, 2018  |  Cybersecurity

The Federal Bureau of Investigation (FBI) has issued a warning to banks that cybercriminals are gearing up to launch a choreographed global scam, known as...

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Elaborate Indian Bitcoin Scam Involves Policemen, Lawmakers
Elaborate Indian Bitcoin Scam Involves Policemen, Lawmakers
August 13, 2018  |  Bitcoin

Gujarat, the Indian home state of Prime Minister Narendra Modi, is at the center of a bitcoin-based Ponzi scheme that could end up being the...

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Amazon Helping FTC Crack Amazon Seller Scam
Amazon Helping FTC Crack Amazon Seller Scam
August 08, 2018  |  Amazon

Amazon is cooperating with the Federal Trade Commission’s (FTC’s) fraud investigation into Sellers Playbook. The FTC and the State of Minnesota have charged Minnesota-based Sellers...

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Bitcoin Daily: Coinbase Raises Buying Limit To $25K, West Virginia Launches Blockchain-Based Voting App
Bitcoin Daily: Coinbase Raises Buying Limit To $25K, West Virginia Launches Blockchain-Based Voting App
August 08, 2018  |  Bitcoin

A U.S. Drug Enforcement Administration official said that criminal activity no longer dominates cryptocurrency transactions, Bloomberg reported. The official noted that 90 percent of crypto...

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Sunken Treasure … And Sunken ICO Dreams
Sunken Treasure … And Sunken ICO Dreams
August 02, 2018  |  Cryptocurrency

Volatility comes in waves when it comes to cryptos. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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