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)

Bitcoin Daily: SEC Files Complaint Against Fraudulent Crypto Operator; Australians Lost $14.8M To Crypto Crime From Jan. To July
Bitcoin Daily: SEC Files Complaint Against Fraudulent Crypto Operator; Australians Lost $14.8M To Crypto Crime...
August 14, 2019  |  Bitcoin

The Securities and Exchange Commission (SEC) has announced fraud charges against a Brooklyn individual and two of his entities who allegedly engaged in a fraudulent...

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Report: Crypto Crime Could Reach $4.3B This Year
Report: Crypto Crime Could Reach $4.3B This Year
August 13, 2019  |  Security & Fraud

A new report has estimated that losses related to cryptocurrency thefts, scams and fraud could reach $4.3 billion this year. Cryptocurrency security firm CipherTrace revealed...

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BEC Scams Nearly Double Over Three Years
BEC Scams Nearly Double Over Three Years
July 29, 2019  |  B2B Payments

Business E-mail Compromise (BEC) fraud scams are on the rise, and the latest data shows a boost in the number of incidents and the value...

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Bitcoin Daily: Anchorage Crypto Startup Sets Up Shop In Sioux Falls; Crypto Scam Steals $900K From Pension Fund
Bitcoin Daily: Anchorage Crypto Startup Sets Up Shop In Sioux Falls; Crypto Scam Steals $900K...
July 21, 2019  |  Bitcoin

Senator Mike Rounds made an announcement at a Senate Banking Committee hearing regarding Facebook’s planned cryptocurrency on Tuesday (July 16), but it wasn’t related to...

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Google Suspends Fraudulent Samsung Update App
Google Suspends Fraudulent Samsung Update App
July 08, 2019  |  Security & Fraud

Google has suspended a fraudulent mobile app that claimed to offer system-level Android updates to smartphones. While the app on the Google Play Store, called...

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Bitcoin Daily: Overstock CEO Shares Movement In Bitcoin Efforts; Russia Might Be Open To Crypto Trading
Bitcoin Daily: Overstock CEO Shares Movement In Bitcoin Efforts; Russia Might Be Open To Crypto...
June 23, 2019  |  Bitcoin

Overstock CEO Patrick Byrne said that he welcomes Facebook’s entry into the cryptocurrency market. At the the Fortune Brainstorm Finance conference in Montauk, N.Y., Byrne...

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The Predicament Of C-Suite Fraud And Government Cyberattacks
The Predicament Of C-Suite Fraud And Government Cyberattacks
June 21, 2019  |  B2B Payments

Australia is the land for some underhanded doings from scammers attacking small businesses for payments fraud — targeting two-thirds of SMBs, according to a Norton...

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Bitcoin Daily: QuadrigaCX Co-Founder Made Fake Accounts; Swede Faces Extradition In Scam
Bitcoin Daily: QuadrigaCX Co-Founder Made Fake Accounts; Swede Faces Extradition In Scam
June 21, 2019  |  Bitcoin

A Swedish man has been charged with securities fraud, wire fraud, and money laundering in connection with a bitcoin scam that defrauded more than 3,500...

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Patisserie Valerie Ex-Chairman Claims No Knowledge Of Fraud
Patisserie Valerie Ex-Chairman Claims No Knowledge Of Fraud
June 11, 2019  |  B2B Payments

The former chairman of U.K. café chain Patisserie Valerie said he had no idea of any fraud occurring within the business, distancing himself from the...

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