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

New Report: How Alipay Fends Off The Fraudsters

New Report: How Alipay Fends Off The Fraudsters
New Report: How Alipay Fends Off The Fraudsters
July 17, 2020  |  AML

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US Treasury Warns Banks Of Twitter Crypto Scam
US Treasury Warns Banks Of Twitter Crypto Scam
July 16, 2020  |  Cybersecurity

The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) is warning financial institutions of a “high-profile” new scam exploiting Twitter accounts to try and scam convertible virtual...

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Fraudsters Create ‘Clone’ Investment Accounts To Dupe Consumers
Fraudsters Create ‘Clone’ Investment Accounts To Dupe Consumers
July 14, 2020  |  Cybersecurity

Retail investors have been succumbing to “impersonation fraud,” where fraudsters pretend to be famous brands and thus are able to con millions of Euros from...

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Bitcoin Daily: FBI Says Nigerian BEC Scam Netted Millions With Some Converted To Bitcoin
Bitcoin Daily: FBI Says Nigerian BEC Scam Netted Millions With Some Converted To Bitcoin
July 13, 2020  |  Bitcoin

Two Nigerian scammers known for allegedly defrauding American companies for tens of millions of dollars that they transferred into bitcoin were extradited to the U.S....

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Fraud Detection Platform NS8 Raises $123M In Series A
Fraud Detection Platform NS8 Raises $123M In Series A
June 11, 2020  |  Investments

Fraud detection software platform NS8 has closed a Series A funding round for $123 million, led by Lightspeed Venture Partners, a press release states. Get...

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Group Hits 3 Universities, Demands Bitcoin Payments
Group Hits 3 Universities, Demands Bitcoin Payments
June 04, 2020  |  Fraud Prevention

Three U.S. universities have been the victims of ransomware attacks in the past week, according to Cointelegraph. Get the Full Story Complete the form to...

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Unemployment Fraud In Michigan Could Bump Legit Jobless Claims
Unemployment Fraud In Michigan Could Bump Legit Jobless Claims
May 29, 2020  |  Cybersecurity

Unemployed Michigan residents ought to be wary of a scam in which fraudsters are using stolen personal information to apply for unemployment benefits, according to...

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WA Man Charged With Seeking $1.5M In PPP Loans For Fake Companies
WA Man Charged With Seeking $1.5M In PPP Loans For Fake Companies
May 25, 2020  |  Cybersecurity

A 35-year-old Washington State resident is charged with allegedly attempting to defraud the Paycheck Protection Program (PPP) by requesting loans for companies and employees that...

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