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

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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Crypto Diamonds Are For … Never(?)
Crypto Diamonds Are For … Never(?)
May 24, 2019  |  Security & Fraud

Charles Ponzi built his eponymous schemes on the promise of profits tied to postage stamps. But ours is a decidedly high-tech world, where fortunes are...

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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. In March, United States prosecutors announced criminal...

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Porn Email Scam Nets Scammers Almost $1M In Bitcoin
Porn Email Scam Nets Scammers Almost $1M In Bitcoin
May 15, 2019  |  Security & Fraud

There’s an email scam going around that involves scammers claiming to have webcam footage of people watching porn, with threats to release the info if...

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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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Bitcoin Daily: Fidelity To Offer Bitcoin Trading; Bitfinex Plans $1B Token Sale
Bitcoin Daily: Fidelity To Offer Bitcoin Trading; Bitfinex Plans $1B Token Sale
May 07, 2019  |  Bitcoin

Sources have told Bloomberg that Fidelity Investments will launch its own crypto trading platform within a few weeks. Fidelity Digital Assets was created in October,...

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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. The police have been investigating bitcoin machines...

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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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India Lender Warns Of WhatsApp Scam That Steals Bank Details
India Lender Warns Of WhatsApp Scam That Steals Bank Details
March 13, 2019  |  Security & Fraud

State Bank of India (SBI), the country’s biggest lender, has issued a warning that account holders are being tricked into offering up personal banking details....

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