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

SEC Charges Centra Tech Co-Founders With ICO Scam

SEC Charges Centra Tech Co-Founders With ICO Scam
SEC Charges Centra Tech Co-Founders With ICO Scam
April 03, 2018  |  Cybersecurity

The Securities and Exchange Commission is going after another company raising money via an initial coin offering, charging Centra Tech, a Miami-based startup, with scamming...

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Twitter Seeks To Stop The Spread Of Crypto Scams
Twitter Seeks To Stop The Spread Of Crypto Scams
March 07, 2018  |  Fraud Prevention

As social media companies focus on preventing harmful content from spreading across their platforms, Twitter seeks to stop cryptocurrency scams from circulating as well. But it’s...

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Silicon Valley Startup CEO Charged With Wire Fraud
Silicon Valley Startup CEO Charged With Wire Fraud
February 07, 2018  |  Legal & Regulation

The founder and CEO of a failed startup has pleaded guilty for defrauding former employees. Get the Full Story Complete the form to unlock this...

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Debit Card Scammer Steals $350K In Apple Products
Debit Card Scammer Steals $350K In Apple Products
January 04, 2018  |  Apple

A Sacramento man has pleaded guilty to stealing $350,000 worth of Apple devices from stores across the U.S. Get the Full Story Complete the form...

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Bitcoin Startup Pulls Disappearing Act After Raising $375K
Bitcoin Startup Pulls Disappearing Act After Raising $375K
November 21, 2017  |  Digital Payments

Confido, the startup that raised $374,477 in an initial coin offering (ICO), has reportedly disappeared with the investors’ money. Get the Full Story Complete the...

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Dialing Into Call Center Fraud
Dialing Into Call Center Fraud
August 15, 2017  |  Today In Data

Hold the phone. Hold on. Recognize that phone number? It’s yours. But it’s not you. And someone’s using that number to do some bad stuff....

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FTC Sends Out Checks To Consumers Affected By Auto Loan Modification Scheme
FTC Sends Out Checks To Consumers Affected By Auto Loan Modification Scheme
June 16, 2017  |  Fraud Prevention

The Federal Trade Commission (FTC) announced news that it is mailing 288 checks totaling more than $109,000 to victims of an auto loan modification scam. Get...

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Chinese Scammers Snared, Confess To Stealing $138 Million USD
Chinese Scammers Snared, Confess To Stealing $138 Million USD
May 26, 2017  |  Cybersecurity

In an ongoing digital fraud scheme, Chinese scammers have racked up over 950 million yuan ($138 million USD) from more than 93,000 victims by preying...

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