Scams
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Woman To Serve About Seven Years Behind Bars for Laundering Bitcoin Proceeds of $6,400,000,000 Fraud: Report
A Chinese woman charged for her role in laundering the proceeds of a multi-billion dollar fraud scheme is now reportedly…
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$1,800,000,000,000 Bank Says Customers’ Personal Information Has Been Exposed and Accessed in Mysterious Data Breach
One of the largest banks in the world says a data breach has exposed information on both its customers and…
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Bank Employee Steals $2,100,000 From Customers, Spawns Web of Unauthorized Transactions and Illicit Accounts: DOJ Indictment
The U.S. Department of Justice (DOJ) is accusing a bank employee of creating a web of unauthorized transactions and illegal…
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Gala Says Hacker Has Returned Over $20,000,000, Plans To Reimburse Users Affected by the Exploit
Blockchain-based gaming platform Gala (GALA) says it recovered over $20 million worth of crypto assets that were stolen during a…
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Gala Co-Founder Confirms Hack, Says Security Incident Led to Unauthorized Sale of $21,000,000 Worth of Coins
The co-founder of Gala (GALA), Eric Schiermeyer, is revealing the genesis of an exploit that led to the loss of…
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Ripple Joins “Tech Against Scams” Coalition
In a significant development, the global payments platform Ripple has joined forces with tech giants like Coinbase, Meta, Kraken, and…
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$300,000 Withdrawal at JPMorgan Chase Instantly Stolen at Bank Branch in Brooklyn: Report
A JPMorgan Chase customer reportedly lost $300,000 at a bank branch in Brooklyn immediately after withdrawing the cash. The 31…
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New York Man Arrested for Swindling $1,300,000 in Scheme Involving Fictitious Crypto Wallet
A New York man pled guilty to fraud charges last week after using various fake crypto and real estate schemes…
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Canada’s ‘Crypto King’ Facing Multiple Years Behind Bars for Allegedly Running $30,475,000 Fraud: Report
Canadian authorities have arrested a 25-year-old man for allegedly masterminding a crypto Ponzi scheme that defrauded investors for over $30…
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Wells Fargo Accused of ‘Aiding and Abetting’ Alleged $300,000,000 Ponzi Scheme With More Than 1,000 Victims: Report
A new lawsuit accuses Wells Fargo of monitoring “both sides” of an alleged $300 million Ponzi scheme and doing nothing…
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