People in the U.S. lost $1.56 billion to cryptocurrency-related scams over the past year. This is according to cybersecurity solutions provider SurfShark, which drew on data from the Federal Trade Commission. The estimated amount is higher than the entire GDP of Grenada and various other nation states or a group of four F-22 Raptors. Nationwide,
NEW YORK (AP) — Donald Trump could be at risk of losing some of his prized properties if he can’t pay his staggering New York civil fraud penalty. With interest, he owes the state nearly $454 million — and the amount is going up $87,502 each day until he pays. New York Attorney General Letitia
Academy Mortgage is accused of slow-walking its effort to inform customers of a data breach that took place in mid-2023, which has made them vulnerable to identity theft. A class action suit filed in the state of Utah by a former borrower alleges Academy lost control of its computer network and of highly sensitive personal
HAGÅTÑA (The Guam Daily Post) — A man was sentenced to 2-1/2 years in federal prison for stealing $5.5 million from clients in a scheme that involved exchanging and transferring cryptocurrency. On Thursday in the District Court of Guam, Julien Abat Weymouth, 21, was sentenced for operating an unlawful money transmitting business. Senior Judge Alex Munson
Academy Mortgage says it stopped a data breach last March that exposed the personal identifiable information of 284,443 customers. In a notice to the Office of the Maine Attorney General, the Draper, Utah-based lender did not say whether the incident was related to a ransomware gang’s alleged hack last year. Mortgage customer and employee names,
A New York man was fined more than $1 million and another has been imprisoned for orchestrating an elaborate fraud they used to acquire $50 million in mortgage loans and build an extensive residential real estate portfolio across Hartford. Federal prosecutors said the “sheer volume of false documents and material misrepresentations’’ concocted to deceive lenders
A young woman in China claims she was tricked into taking a job at a cosmetic surgery company, only for her employer to pressure her into getting a nose job and incurring 25,000 yuan (US$3,500) in debt. The woman, surnamed Chen, accepted a position as a receptionist with the company on November 21, with her