Number of Explosive Attacks Against European Bank ATMs Rises By 80%
Bank ATMs have always been a valuable target for criminals. In most cases, they would use malware to steal card information and defraud users. However, it looks like a more dangerous trend is taking...
View ArticleDo Binary Options Scams still Exist?
Just like in life, scammers and fraudsters in binary options industry are naturally attracted to anywhere money is. Binary options, being an alluring prospect to so many people, used to attracted...
View ArticleOver 20,000 Tesco Bank Customers Affected By Theft
Banking woes can hit anyone in every country at any given time. Customers of Esto Bank have come to realize that fact, although there are dire consequences. Online payments for all account holders have...
View Article2016 Holiday Shopping Fraud Report Shows Bitcoin Remains Most Secure
During the 2016 holiday weekend, global online sales have seen a significant nudge upwards. At the same time, payment card fraud increased by a whopping 20%. Consumer’s financial details are always at...
View ArticleAxis Bank Facilitates Banned Banknote Money Laundering In India
The banknote ban in India is causing some rather unexpected results. Axis Bank’s Noida branch suffered from a similar incident as what happened to Wells Fargo customer not took long ago. Bank employees...
View ArticleBusiness Email Compromise Fraud Schemes Continue To Gain Traction
Online fraud is becoming the most popular development of the 21st century so far. A Nigerian individual is facing US charges for this involvement in multiple scams. By impersonating vendors and company...
View ArticleAmateur Bitcoin Investors Defrauded by Criminals in India
India is an emerging Bitcoin market. As more people get to know about the cryptocurrency, the target audience for scammers is also on the rise. According to recent reports, cybercriminals are...
View ArticleUK Businessman behind Bitcoin Store Charged with Securities Fraud
An English businessman, Renwick Haddow has been charged by the United States Securities and Exchange Commission for securities fraud. According to reports, Haddow was promoting a fraudulent...
View ArticleJPMorgan’s Jamie Dimon Slams Bitcoin As “Fraud”
Speaking at an investor conference in New York on Tuesday, JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon blasted Bitcoin in a series on damning statements. Calling the cryptocurrency a...
View ArticleBitcoin Used in SEC Market Manipulation Case
The Securities and Exchange Commission have charged day trader Joseph P. Willner with market manipulation and illegal use of brokerage accounts. It’s alleged that Willner managed to generate over...
View ArticleSteve Wozniak: “I Had Bitcoins Stolen From Me Through Fraud.”
Apple co-founder Steve Wozniak told the Economic Times’ Global Business Summit that he had seven Bitcoin stolen from him through credit card fraud. The 67-year-old recounted the incident to a packed...
View ArticleTexas Securities Board Issues Another Cease-and-Desist, This Time Against...
This week, the Texas State Securities Board (TSSB) issued another cease-and-desist order: This time to a “company” called LeadInvest. The agency contends that LeadInvest fabricated its management team...
View ArticleFTC Halts Activities of Four Floridians Involved in Crypto-Related Chain...
At the request of the Federal Trade Commission (FTC), the U.S. District Court for the Southern District of Florida has halted the activities of four individuals who allegedly promoted deceptive...
View ArticleStars of Ireland’s Dragon’s Den Used for Bitcoin Scam Website Without Their...
The stars of Ireland’s Dragon’s Den — Gavin Duffy, Eleanor McEvoy, and Eamonn Quinn — have been dragged into a Bitcoin scam after photos and quotes falsely attributed to them were used in a fake online...
View ArticleFloyd Mayweather and DJ Khaled Risk Lawsuits Over Alleged ICO Scam
Celebrities who have endorsed initial coin offerings are at risk of legal action from regulators and investors, following a fraudulent ICO promoted by champion boxer Floyd Mayweather and musician DJ...
View ArticleTelegram Copycat Company Exposed as Fraud
Someone has registered a company in the UK that has plagiarised the global instant messaging app Telegram’s ICO project name. According to reports in Quartz, the Telegram Open Network Limited was...
View ArticleMacau Warns Public Over Possible Fraud with Cryptocurrency Firm, Links to...
Financial authorities in Macau have issued a warning over possible ‘fraud and criminal activities’ in relation to a cryptocurrency firm backed by a former gangster. The warning comes following...
View ArticleCryptocurrency-Targeting Malware Spreads via Facebook Messenger
A malicious Chrome extension discovered by Kaspersky Labs in August 2017 which targets cryptocurrency trading platforms has resurfaced with a spike in April 2018. The malware reportedly made attempts...
View ArticleCryptocurrency Market Loses $50 Billion as South Korean Exchange Is Suspected...
The cryptocurrency market turned upside down on Friday, having lost about $50 billion market capitalization overnight. With the exception of only Augur, Nuls, and Tether, the whole list of top 100...
View ArticleAudit Results: South Korea’s Largest Cryptocurrency Exchange Upbit Cleared
Upbit, the largest cryptocurrency exchange in South Korea, has conducted an internal audit amid suspicions of fraud from national authorities. The audit results allegedly disprove the claims that the...
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