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
(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,
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
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
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
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