March 15, 2025

Scam

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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Crypto

Drummond joins amicus brief challenging SEC cryptocurrency regulation

Listen to this article OKLAHOMA CITY — Oklahoma Attorney General Drummond is pushing back against federal regulation on cryptocurrencies. Drummond announced Thursday he has joined an Iowa-led amicus brief with Arkansas, Indiana, Kansas, Montana and Nebraska challenging the Securities and Exchange Commission’s regulation of cryptocurrencies. According to the brief, the states oppose the SEC’s regulation

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Crypto

Police recover $315,000 stolen from elderly man via cryptocurrency

PORT ST. LUCIE, Fla. (CBS12) — Port St. Lucie Police are searching for the suspects behind a sophisticated investment scam. Police say there may be dozens of victims from all over the country, including one elderly man on the Treasure Coast. The man, who wished to remain anonymous, told CBS12 News that this all began

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Crypto

FBI Issues Cryptocurrency Scam Through Fake Work-From-Home Job Offers

As the work-from-home trend grows, scammers are taking advantage of it to trick unsuspecting people. The United States Federal Bureau of Investigation [FBI] has issued a warning about an increase in fraudulent work-from-home job ads, especially those asking for cryptocurrency payments from job seekers. In a statement on June 4, the FBI pointed out a

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Loans

Scams are becoming increasingly complex, from loan frauds to ‘pig butchering’

In the previous part of this series on cyber frauds, the focus was on UPI, credit and debit cards and ‘fedex’ scams. However, there are other kinds of frauds which are even less understood by the unsuspecting public. One of them is unceremoniously known as the ‘pig butchering scam’ and targets people by inducing them

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