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

China’s Olympic Committee Sounds Alarm On Potential Blockchain Fraud

China’s Olympic Committee Sounds Alarm On Potential Blockchain Fraud
China’s Olympic Committee Sounds Alarm On Potential Blockchain Fraud
April 09, 2020  |  Security & Fraud

The 2020 Summer Olympics, which were to take place in Tokyo, have been rescheduled for 2021 as the spread of the coronavirus leaps over international...

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Bitcoin Daily: Investors Hit Crypto Firms With Class-Action Lawsuit; South Korea Fast Tracks Digital Currency Pilot
Bitcoin Daily: Investors Hit Crypto Firms With Class-Action Lawsuit; South Korea Fast Tracks Digital Currency...
April 06, 2020  |  Bitcoin

Eleven class-action lawsuits targeting crypto exchanges and cryptocurrency issuers were filed Friday (April 4) in Manhattan’s U.S. District Court. Get the Full Story Complete the...

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Jumio Go For Good Will Help Companies Identify Fake Accounts
Jumio Go For Good Will Help Companies Identify Fake Accounts
March 24, 2020  |  Security & Fraud

Given the massive new shift towards an all-online lifestyle for Americans as the coronavirus takes its toll, Jumio’s new “Jumio Go for Good” program will...

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DOJ Shuts Down Fraudulent COVID-19 Vaccine Website
DOJ Shuts Down Fraudulent COVID-19 Vaccine Website
March 23, 2020  |  Security & Fraud

The Department of Justice (DoJ) announced that it has shut down a website fraudulently claiming to have vaccine kits for the coronavirus, according to a...

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Cyber Attack Hits US Health Department As It Tries To Fight Coronavirus
Cyber Attack Hits US Health Department As It Tries To Fight Coronavirus
March 17, 2020  |  Security & Fraud

A cyber attack was leveled at the U.S. Department of Health and Human Services on Sunday amid that department’s continued vital role in the coronavirus...

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Paris Sentences 6 In $50M Impersonation Plot 
Paris Sentences 6 In $50M Impersonation Plot 
March 12, 2020  |  Security & Fraud

Six men were convicted by a Paris court in a $50 million impersonation plot that conned wealthy residents into giving money to help the government...

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‘Shark Tank’ Judge Recoups $400K Lost In Phishing Scam
‘Shark Tank’ Judge Recoups $400K Lost In Phishing Scam
March 02, 2020  |  Security & Fraud

Barbara Corcoran, a judge on the popular TV show “Shark Tank,” said she is “thrilled” about getting back almost $400,000 that she lost during a...

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Shark Tank Star Out $400K In Invoice Fraud Scam
Shark Tank Star Out $400K In Invoice Fraud Scam
February 27, 2020  |  B2B Payments

Invoice fraud scams continue to target businesses of all sizes and industries, with experts warning of a major spike in various iterations of business email...

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Victims Of Tech Support Scam Get Refunds
Victims Of Tech Support Scam Get Refunds
February 25, 2020  |  Security & Fraud

To support scam victims, the Federal Trade Commission (FTC) will start to send refunds of over $1.7 million to consumers who fell victim to a...

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