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

Paris Sentences 6 In $50M Impersonation Plot 

Paris Sentences 6 In $50M Impersonation Plot 
Paris Sentences 6 In $50M Impersonation Plot 
March 12, 2020  |  Cybersecurity

Six men were convicted by a Paris court in a $50 million impersonation plot that conned wealthy residents into giving money to help the government...

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‘Shark Tank’ Judge Recoups $400K Lost In Phishing Scam
‘Shark Tank’ Judge Recoups $400K Lost In Phishing Scam
March 02, 2020  |  Cybersecurity

Barbara Corcoran, a judge on the popular TV show “Shark Tank,” said she is “thrilled” about getting back almost $400,000 that she lost during a...

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Shark Tank Star Out $400K In Invoice Fraud Scam
Shark Tank Star Out $400K In Invoice Fraud Scam
February 27, 2020  |  B2B Payments

Invoice fraud scams continue to target businesses of all sizes and industries, with experts warning of a major spike in various iterations of business email...

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Victims Of Tech Support Scam Get Refunds
Victims Of Tech Support Scam Get Refunds
February 25, 2020  |  Cybersecurity

To support scam victims, the Federal Trade Commission (FTC) will start to send refunds of over $1.7 million to consumers who fell victim to a...

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FTC Fines Office Depot; Refunds Consumers For Virus Scam
FTC Fines Office Depot; Refunds Consumers For Virus Scam
February 20, 2020  |  Cybersecurity

The Federal Trade Commission (FTC) has sent $34 million to victims of a scheme by Office Depot and a separate software provider that encouraged them...

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Bitcoin Daily: FCoin Shuts After $130M Shortfall; Scam Threatens Via Google Ads
Bitcoin Daily: FCoin Shuts After $130M Shortfall; Scam Threatens Via Google Ads
February 18, 2020  |  Bitcoin

FCoin has stopped all trading and withdrawal after it was revealed that the crypto exchange had a shortage of $130 million worth in crypto assets,...

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Puerto Rico Falls Prey To $4M Online Fraud
Puerto Rico Falls Prey To $4M Online Fraud
February 14, 2020  |  Cybersecurity

An online scam targeted $4 million in retirement funds from at least four Puerto Rico agencies, according to reports on Thursday (Feb. 14).  Get the...

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Lawyers Demand Proof That QuadrigaCX Founder Is Really Dead
Lawyers Demand Proof That QuadrigaCX Founder Is Really Dead
December 16, 2019  |  Cryptocurrency

Perhaps call it “habeas corpus” of a different sort. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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