On the hunt for the businessmen behind a billion-dollar scam
A global scamming network has robbed ordinary investors of more than a billion dollars. BBC Eye identified a shadowy network of businessmen who appear to be behind it. First, you hear a phone ringing. An elderly man answers. The caller introduces himself as "William...
New ‘Pig Butchering’ Crypto Scam Stealing Millions From South Floridians: FBI
A new crypto scam that the FBI says is one of the fastest-growing in the country is taking millions of dollars from people in South Florida. The scam starts as a text or online message in what appears to be a misdialed number or confusion about the victim's identity....
‘Scam Bankrupt Fraud’: FTX founder used confusing, ‘technocratic jargon’ to throw off public, investor says
Disgraced cryptocurrency investor Sam Bankman-Fried relied on confusing "technocratic jargon" and deceptive talking points to run circles around investors and interviewers as part of a broader deflection strategy, a high-profile investor told Fox News. "Nothing that...
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...
Scammers claiming to be Xcel Energy steal $3,000 worth of Bitcoin from Sioux Falls man
The Sioux Falls Police Department is investigating scam calls to area residents claiming to be Xcel Energy calling people about paying their bills. Police spokesperson Sam Clemens said a 55-year-old man in Sioux Falls lost $3,000 after scammers told him his Xcel...
Beware of donation scams involving Ukraine
There is an outpouring of moral and financial support from Canadians who want to donate to the people of Ukraine, but there are also donation scams to be aware of. "I was quite shocked. I would see hundreds of donations through a live stream and the video that claimed...
Justice Department seizes $3.6B in bitcoin in its biggest finance bust ever
The US Justice Department seized on Tuesday $3.6 billion in bitcoin that it says is linked to the 2016 hack of the Hong Kong cryptocurrency exchange Bitfinex, which was one of the world's biggest crypto companies. Authorities also arrested two people in Manhattan,...
SCAM ALERT: New twists to old tricks, what to look out for in recent scams
SYRACUSE, N.Y. (WSYR-TV) — Romance, pet, grandparent, car warranty scams haven’t died down. But now Camillus Police are seeing new twists to those annoying e-mails and phone calls. As scammers get smarter with their tricks, knowing what to look out for is essential. A...
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