Preview Mode
fraud
Wall Street Bitcoin Miner CEO's $2M Casino Gamble Ends in Federal Indictment
- Former BIT Mining CEO faces federal charges for orchestrating a $1.9 million bribery scheme targeting Japanese officials.
- The BTC mining company has agreed to pay $14 million in penalties and entered a three-year deferred prosecution agreement.
Tuesday, 19/11/2024 | 08:09 GMT by
Damian Chmiel
How Financial Scammers Are Sliding Into Your WhatsApp DMs
- Italian CONSOB warns of sophisticated investment scams operating through WhatsApp, impersonating major investing firms.
- The schemes target retail investors with fraudulent trading opportunities, prompting increased vigilance from authorities.
Monday, 18/11/2024 | 09:00 GMT by
Damian Chmiel
Starling Bank Launches Call Indicators amid Concerns of Impersonation
- The new feature provides real-time information on whether Starling is currently calling or has called recently.
- Bank impersonation scams in the UK result in annual losses of about £78.9 million.
Thursday, 31/10/2024 | 11:18 GMT by
Tareq Sikder
Social Media Fraud Soars 28% amid Rising AI Tactics
- AU10TIX’s Q3 report highlighted that AI capabilities allow criminals to automate identity theft on a large scale.
- However, fraud rates in the payments sector have declined, dropping from 52% in Q2 to 39% in Q3.
Wednesday, 30/10/2024 | 18:34 GMT by
Jared Kirui
Aussie Watchdog Seeks Tech Partner for 5-Year Fraud Fight
- ASIC builds on its successful takedown of over 7,300 fraudulent sites since July 2023.
- The move aims to enhance Australia's fight against online financial fraud, which cost investors $1.3 billion last year.
Thursday, 19/09/2024 | 06:07 GMT by
Damian Chmiel
NovaTech’s $650 Million Crypto Fraud
- SEC charges NovaTech and its founders with a $650 million crypto Ponzi scheme.
- NovaTech lured in 200,000 victims, but most funds went to earlier investors and promoters.
- The scandal is a harsh reminder of the risks and frauds plaguing the crypto industry.
Wednesday, 14/08/2024 | 08:00 GMT by
Louis Parks
Court Sentenced Him to 4 Years in Prison, Now FCA Urges Investors to Claim Compensation
- The regulator calls on victims of Hudson's fraudulent activities to claim their share of court-ordered compensation.
- He was sentenced to 4 years behind bars in 2021 for his operations.
Thursday, 20/06/2024 | 07:43 GMT by
Damian Chmiel
10 Major Banks Join Swift's AI Initiative to Combat $485B in Frauds
- Swift has launched two pilots to enhance fraud detection in cross-border payments.
- The initiative aims to leverage AI technology to save the industry billions in fraud-related costs.
Thursday, 30/05/2024 | 08:13 GMT by
Damian Chmiel
Mastercard Fights Back on Scams and Fraud
- The double-edged sword of digital trust.
Friday, 24/05/2024 | 15:00 GMT by
Pedro Ferreira
How Fraudsters Are Shifting Tactics in the Digital Age
- Sophisticated scams require sophisticated solutions.
Thursday, 23/05/2024 | 15:00 GMT by
Pedro Ferreira
UK's Reimbursement Plan Shakes Up Payments Industry
- From wild west to robin hood.
Thursday, 16/05/2024 | 10:55 GMT by
Pedro Ferreira
Why Your Receipt Might Be Lying to You
- The great digital deception.
Monday, 13/05/2024 | 16:00 GMT by
Pedro Ferreira
The Growing Threat of CNP Fraud
- Understanding the silent swipe.
Monday, 13/05/2024 | 16:00 GMT by
Pedro Ferreira
See more
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}