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: FCoin Shuts After $130M Shortfall; Scam Threatens Via Google Ads
Bitcoin Daily: FCoin Shuts After $130M Shortfall; Scam Threatens Via Google Ads
February 18, 2020  |  Bitcoin

FCoin has stopped all trading and withdrawal after it was revealed that the crypto exchange had a shortage of $130 million worth in crypto assets,...

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Puerto Rico Falls Prey To $4M Online Fraud
Puerto Rico Falls Prey To $4M Online Fraud
February 14, 2020  |  Security & Fraud

An online scam targeted $4 million in retirement funds from at least four Puerto Rico agencies, according to reports on Thursday (Feb. 14).  Authorities have...

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Lawyers Demand Proof That QuadrigaCX Founder Is Really Dead
Lawyers Demand Proof That QuadrigaCX Founder Is Really Dead
December 16, 2019  |  Cryptocurrency

Perhaps call it “habeas corpus” of a different sort. In Latin, the term translates to “you have the body.” And in a court of law,...

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Corporates Brace For BEC Scam Ramp-Up
Corporates Brace For BEC Scam Ramp-Up
November 18, 2019  |  B2B Payments

Cybersecurity experts are warning that the next year, and beyond, will continue to present an elevated threat level to businesses at risk of payments fraud...

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Bitcoin Daily: BankLine Aids Crypto Banking, Belgium Issues Crypto Scam Warnings
Bitcoin Daily: BankLine Aids Crypto Banking, Belgium Issues Crypto Scam Warnings
November 01, 2019  |  Bitcoin

Miami-based BankLine has partnered with a variety of crypto-friendly financial institutions on banking and cash logistics services for the cryptocurrency industry. As the only company...

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Email B2B Scams Cost $26B Over Last Three Years
Email B2B Scams Cost $26B Over Last Three Years
September 11, 2019  |  Security & Fraud

Email often gets overlooked in the 2019 digital economy, given the higher levels of excitement attached to social media, video and other, more cutting-edge tools...

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Data Dive, Sad Days For Security Edition: Apple, Alphabet, Android And AI
Data Dive, Sad Days For Security Edition: Apple, Alphabet, Android And AI
September 09, 2019  |  Data Dive

One might have thought the low watermark for digital security headlines came the week before last, with the near-continuous revelations that Jack Dorsey had fallen...

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DOJ Charges Nigerian Email Scammers
DOJ Charges Nigerian Email Scammers
August 22, 2019  |  Legal

The U.S. Justice Department has announced charges against 80 people, most of them Nigerians, in a wide-ranging fraud and money laundering operation that netted millions...

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Instagram To Crack Down On Fake Story Watchers
Instagram To Crack Down On Fake Story Watchers
August 15, 2019  |  Security & Fraud

There is a known issue on Instagram with strangers “watching” stories on the platform in an attempt to gain followers. Instagram said it is aware...

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