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

Patisserie Valerie Ex-Chairman Claims No Knowledge Of Fraud
Patisserie Valerie Ex-Chairman Claims No Knowledge Of Fraud
June 11, 2019  |  B2B Payments

The former chairman of U.K. café chain Patisserie Valerie said he had no idea of any fraud occurring within the business, distancing himself from the...

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iPhone Scam Reveals How Digital Criminals Find Vulnerabilities
iPhone Scam Reveals How Digital Criminals Find Vulnerabilities
June 05, 2019  |  Security & Fraud

Think of the Apple iPhone, and thoughts are likely to turn to matters involving social media, selfies, family photos, mobile commerce and even payments. But...

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OneCoin Denies Crypto ‘Ponzi-Pyramid Scheme’ Allegations
OneCoin Denies Crypto ‘Ponzi-Pyramid Scheme’ Allegations
May 20, 2019  |  Cryptocurrency

OneCoin has sent a letter to the press denying that it is a “hybrid Ponzi-pyramid scheme” and scam. Get the Full Story Complete the form...

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Amazon Merchants Affected By Cyberattack
Amazon Merchants Affected By Cyberattack
May 08, 2019  |  Security & Fraud

Amazon was the target of an “extensive” cyberattack in which hackers stole money from merchant accounts and funneled them into their own, according to a...

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Singapore Police Prevent Bitcoin Machine Scam
Singapore Police Prevent Bitcoin Machine Scam
April 28, 2019  |  Security & Fraud

Police in Singapore helped stop a scam that was targeting users of bitcoin machines at a local mall. Get the Full Story Complete the form...

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New Wire Fraud Scam Reroutes Direct Deposit Paychecks
New Wire Fraud Scam Reroutes Direct Deposit Paychecks
April 09, 2019  |  Security & Fraud

A new type of phishing scam targets the HR departments of companies and asks for reroutes on direct deposit accounts, CNBC reported. Once the changes...

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