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)

India ‘Millionaire’ Crypto Scam Tricks Victims Out Of $250K
India ‘Millionaire’ Crypto Scam Tricks Victims Out Of $250K
February 26, 2019  |  Security & Fraud

A man in India tricked 12 people out of $250,000 with a scam involving a fake cryptocurrency named after the Indian version of the show...

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Instagram Users Targeted In ‘Get Rich Quick’ Scams
Instagram Users Targeted In ‘Get Rich Quick’ Scams
February 25, 2019  |  Security & Fraud

Authorities in the United Kingdom have warned that there are Instagram posts that promote false “get rich quick” investment scams, and that the schemes have...

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Victims Of Tech Support Scam To Get Refunds From FTC
Victims Of Tech Support Scam To Get Refunds From FTC
February 11, 2019  |  Security & Fraud

The Federal Trade Commission said it will send refund checks to people who were victims of a tech support scam. The decision is part of...

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Crypto Scam Victims Unlikely To Get Their Money Back
Crypto Scam Victims Unlikely To Get Their Money Back
December 26, 2018  |  Security & Fraud

The Securities and Exchange Commission (SEC) and various state regulators have been investigating more than 90 cryptocurrency cases in which investors lost money. According to...

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AriseBank To Pay $2.3M Over ICO Violations
AriseBank To Pay $2.3M Over ICO Violations
December 13, 2018  |  Security & Fraud

AriseBank, a startup that ran afoul of regulators in the U.S. with its initial coin offering (ICO), agreed to pay $2.3 million, reported The Wall...

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Amazon Sacks Employees Who Stole Data
Amazon Sacks Employees Who Stole Data
December 10, 2018  |  Amazon

Amazon is cracking down on seller scams and has fired employees in the U.S. and India as a result. According to a report in The...

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Harry Potter And The Credit Card Scam?
Harry Potter And The Credit Card Scam?
December 07, 2018  |  B2B Payments

Expense card scams can impact even beloved authors if a recent court case is any indication -- and in this case, JK Rowling seems to...

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FTC: Fake Grandchildren Scam For Cash
FTC: Fake Grandchildren Scam For Cash
December 03, 2018  |  Security & Fraud

The Federal Trade Commission (FTC) warned Monday (Dec. 3) that a new scam is targeting people 70 and older, in which they are being tricked...

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Google, FBI, Cybersecurity Firms Shut Down Online Ad Fraud Scam
Google, FBI, Cybersecurity Firms Shut Down Online Ad Fraud Scam
November 28, 2018  |  Security & Fraud

Google, the FBI and White Ops, along with a handful of cybersecurity companies, recently collaborated to shut down a digital ad fraud scam that used...

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