June 25, 2025

Scam

Investment

As Americans Worry About Trump Policies, Fake Investment Scams Spread

Photo by Brandon Bell/Getty Images Getty Images Economic tensions in the U.S., including concerns over the relationship between Donald Trump and Elon Musk, are driving a big boom in “get rich quick” schemes online, with criminals rushing to register malicious domains. With more than of Americans admitting to living paycheck to paycheck, said Forex broker

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Banking

Newlywed teacher loses life savings in banking scheme

FORT WORTH, Texas (WFAA) – A Texas man has a warning for others after he was defrauded out of $32,000. The teacher says he lost his life savings after answering a phone call from, who he thought was, his bank. However, the call was part of a sophisticated scheme. It felt so real and happened

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Crypto

Bogus plea for bond money, friend held hostage by Mexican cartel, cryptocurrency fraud among recent scams hitting Troy residents – The Oakland Press

A loved one needing bond money to get out of jail. A friend held hostage by a Mexican cartel. An internet account hijacked to buy pornography. These are among the bogus claims fraudsters have used recently to scam Troy residents out of thousands of dollars, police said. The priciest loss reported lately: A 46-year-old man

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Crypto

Authorities Allege Scammers Stole $265,000,000 in Crypto To Buy Exotic Cars, Private Security and Other Luxuries

A New Zealand man has been arrested for allegedly being a part of an international criminal organization that stole $265 million in crypto assets from seven people. In a new press release, authorities allege that the unnamed Wellington man participated in a scheme that fraudulently obtained the crypto assets by manipulating victims between March and

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Crypto

AG Hilgers warning Nebraskans of surge in cryptocurrency, romance scams

(WOWT) – Nebraska Attorney General Mike Hilgers is reporting a surge in romance scams and cryptocurrency-based investment fraud. In a release sent Wednesday, AG Hilgers’ office says they have received reports of multiple victims losing up to six-figure sums in cryptocurrency scams. Officials say Nebraskans are being targeted by scammers and encouraged to make small,

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Crypto

Here’s what happened and how to stay safe

HIGHLIGHTS The victim was added to a Telegram group where people appeared to be discussing cryptocurrency investment opportunities A woman from the group contacted the victim and assured him that he could earn high profits on investments in cryptocurrency. Believing her, the man first invested Rs 10,000. In today’s

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Investment

FMA criticised for delayed investment scam warning after retiree loses $1m

Victim Steven Fan, whose $1m retirement savings were never recovered, is appalled by the delay. He questions whether FMA staff failed to act sooner because they were on Christmas holiday. “Something like a scam is urgent, isn’t it? “I do question that. It is a bit slow. The horse is out the gate already.” The

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Crypto

BBB reveals Cryptocurrency and investment scams at top con in 2024, what you need to look out for

CLEVELAND, Ohio (WOIO) – Making easy money is everybody’s dream. Scammers are using that to their advantage. A recent report from the Better Business Bureau revealed that Cryptocurrency and Investment scams were the #1 con in 2024. Katie Hills with the BBB explains how it all works. “They go around this facade of tricking you

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Investment

Ex-Genneva sales agent gets jail for cheating pawnshop to redeem gold linked to investment scam

SINGAPORE: A former sales agent of gold trading company Genneva has been sentenced to nine months’ jail on Thursday (Mar 13) after she cheated a pawnshop to redeem gold that came about from a multi-million dollar investment scam. Zhang Jinxia, 58, was convicted on Mar 6 after a trial, of one count of cheating and another under

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