Last week, popular peer-to-peer payment (P2P) service Zelle experienced a hit from cybercriminals, who drained funds from accounts. Zelle is partnered with dozens of banks and credit unions. The most recent attack was based off a phishing scam with a spoofed text...
Who’s affected by income scams?
The FTC and its law enforcement partners announced actions against several income scams that conned people out of hundreds of millions of dollars by falsely telling them they could make a lot of money. One of those scams was 8 Figure Dream Lifestyle, which touted a...
Scammers Offer Facemasks but don’t Deliver
If there’s a high demand online for health and safety items, like facemasks and paper products, guess what scammers pretend to sell? That’s right: health and safety items, like facemasks and paper products. Since the beginning of March, dozens of people, including...
New student loan forgiveness scams on the rise, BBB says
The Better Business Bureau is sounding the alarm about a recent increase in student loan forgiveness scams after President Joe Biden unveiled a plan to cancel debt for certain borrowers. Less than a month ago, Biden pledged to cancel up to $10,000 in federal student...
Miami Trio Duped Banks, Crypto Exchange in $4 Million Scam, Prosecutors Say
U.S. authorities on Tuesday arrested three men who allegedly engaged in a scheme to steal millions of dollars in cryptocurrency, duping U.S. banks and a major cryptocurrency exchange in the process. Esteban Cabrera Da Corte, Luis Hernandez Gonzalez, and Asdrubal...
18 U.S. Code § 1030 – Fraud and related activity in connection with computers
(a) Whoever- (1) having knowingly accessed a computer without authorization or exceeding authorized access, and by means of such conduct having obtained information that has been determined by the United States Government pursuant to an Executive order or statute to...
Police warn of scam targeting teens
Area police are warning of a new scam. This time targeting teenagers. According to a post from the New Richmond Police Department, scammers target teens using social media like Snapchat, Instagram, or Facebook. The scammer pretends to be another teenager and requests...
Philippines’ PLDT Blocks 23 Million Texts in Sign of Scam Threat
In just three days, Philippines-based telecommunications provider PLDT Inc. blocked more than 23 million text messages that try to get consumer’s personal data, showing heightened cybersecurity risks in the nation. The “malicious” messages, blocked from June 11 to 14,...
The BBB says government impostor scams are on the rise
TOPEKA, Kan. (WIBW) -The BBB scam tracker data shows victims of government grant scams lost more money in 2021 than in 2020. “Government impostors did land 8th for the riskiest scam for 2021. However, the median loss for government impostor scam in $3,000. Victims are...
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