scam

An advance-fee scam is a form of fraud and one of the most common types of confidence tricks. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster requires in order to obtain the large sum.

Source: en.wikipedia.org

Bitcoin Daily: Bitcoin Causes Internal Issues For Square, Jennifer Aniston Unwillingly Caught Up In Crypto Scam
Bitcoin Daily: Bitcoin Causes Internal Issues For Square, Jennifer Aniston Unwillingly Caught Up In Crypto...
May 17, 2018  |  Bitcoin

Monaco has rolled out its Monaco Wallet App to its cryptocurrency platform, the company said in an announcement. The app allows users to exchange digital...

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Ripple Gets Hit With Lawsuit Over XRP Tokens
Ripple Gets Hit With Lawsuit Over XRP Tokens
May 07, 2018  |  Legal

Ripple Labs, the cryptocurrency startup behind the XRP tokens, is being accused in a new lawsuit of running a scam to raise hundreds of millions...

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Two South Koreans Sentenced For $20M Bitcoin Scam
Two South Koreans Sentenced For $20M Bitcoin Scam
April 20, 2018  |  Bitcoin

Two men from South Korea were sentenced for running a bitcoin pyramid scheme that stole around 20 billion Korean won ($20 million) from investors. According...

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Team Behind $660M ICO In Vietnam Disappears
Team Behind $660M ICO In Vietnam Disappears
April 13, 2018  |  Cryptocurrency

After raising $660 million from more than 30,000 investors in an initial coin offering (ICO), the team behind Vietnam-based Modern Tech has disappeared. The company...

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India Issues Warrants For Punjab Bank Heist Jewelers
India Issues Warrants For Punjab Bank Heist Jewelers
April 09, 2018  |  International

Non-bailable warrants have been issued for the two central figures in an alleged $2 billion scam at state-run Punjab National Bank (PNB). According to Reuters,...

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SEC Charges Centra Tech Co-Founders With ICO Scam
SEC Charges Centra Tech Co-Founders With ICO Scam
April 03, 2018  |  Security & Fraud

The Securities and Exchange Commission is going after another company raising money via an initial coin offering, charging Centra Tech, a Miami-based startup, with scamming...

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Twitter Seeks To Stop The Spread Of Crypto Scams
Twitter Seeks To Stop The Spread Of Crypto Scams
March 07, 2018  |  Fraud Prevention

As social media companies focus on preventing harmful content from spreading across their platforms, Twitter seeks to stop cryptocurrency scams from circulating as well. But it’s...

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Silicon Valley Startup CEO Charged With Wire Fraud
Silicon Valley Startup CEO Charged With Wire Fraud
February 07, 2018  |  Legal

The founder and CEO of a failed startup has pleaded guilty for defrauding former employees. According to the U.S. Justice Department, Isaac Choi, the founder...

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Debit Card Scammer Steals $350K In Apple Products
Debit Card Scammer Steals $350K In Apple Products
January 04, 2018  |  Apple

A Sacramento man has pleaded guilty to stealing $350,000 worth of Apple devices from stores across the U.S. According to Cult of Mac, 33-year-old Marcus...

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