Tagged: scams

May 4, 2026 @ 8:49 am By Omar Faridi  |  

North Korea has launched a forceful denial of international accusations linking it to large-scale cryptocurrency thefts, directing its ire at what it describes as “reptile media” alongside U.S. officials and allied groups. In an official statement released through state channels, a Foreign Ministry spokesperson dismissed… Read More

April 29, 2026 @ 7:53 am By Omar Faridi  |  

The Canadian federal government has unveiled plans to outlaw cryptocurrency automated teller machines (ATMs) nationwide. The announcement, embedded in the Spring Economic Update 2026 released on April 28, positions the ban as a direct response to the machines’ increasing exploitation by scammers and money launderers…. Read More

April 29, 2026 @ 2:29 am By Omar Faridi  |  

A research study from the Central Bank of Ireland has uncovered that roughly 35 percent of adults across the country have fallen victim to fraud or scams at some point. Alarmingly, nearly two-thirds of those affected ended up losing money, yet the research highlights a… Read More

April 29, 2026 @ 12:56 am By Omar Faridi  |  

The Federal Trade Commission (FTC) has recently released the latest statistics revealing that social media platforms have become the dominant channel for fraudsters targeting consumers, leading to unprecedented financial harm. The FTC revealed that in 2025 alone, individuals who fell victim to these schemes reported… Read More

April 27, 2026 @ 3:51 pm By Omar Faridi  |  

Robinhood Markets (NASDAQ:HOOD) has one of the most seamless digital investing and trading experiences, however, the investment platform continues to face challenges such as malicious phishing emails being sent to unsuspecting users. Recently, Robinhood Markets sent out an email to users explaining how consumers are… Read More

April 12, 2026 @ 9:04 pm By Omar Faridi  |  

The Federal Bureau of Investigation (FBI) highlighted just this past week the significant growth of online scams fueled by cryptocurrency and artificial intelligence, revealing that these sophisticated schemes drained nearly $21 billion from US victims last year alone. The FBI’s 2025 Internet Crime Complaint Center… Read More

March 31, 2026 @ 7:21 am By Omar Faridi  |  

The Payments Association in the UK has issued a strong appeal for the introduction of a collective accountability model in financial regulation. This proposal emerges from fresh analysis showing that a major share of recent losses tied to authorized push payment scams can be linked… Read More

March 31, 2026 @ 5:29 am By Tony Zerucha  |  

NordVPN’s Threat Intelligence research unit, in collaboration with TechRadar, has revealed three major, interconnected global cybercrime operations exploiting user trust in digital platforms, outdated technology, and cryptocurrency markets. “Online scams are evolving faster than ever before. What once looked like crude attempts to trick a… Read More

March 29, 2026 @ 2:31 pm By Omar Faridi  |  

Earlier this month, the web3 and crypto sector has suffered another setback with the Chapter 11 bankruptcy filing of Goliath Ventures, a Florida-based firm previously known as Gen-Z Venture Firm. Its founder and former CEO, Christopher Delgado, was arrested by federal authorities on charges of… Read More

March 27, 2026 @ 3:14 pm By Omar Faridi  |  

The Federal Trade Commission (FTC) disclosed alarming new figures showing that American consumers lost $15.9 billion to fraud during 2025, underscoring the growing scale of deceptive schemes targeting the public. The data emerged in testimony delivered on March 25, 2026, before the Joint Economic Committee,… Read More

January 24, 2026 @ 2:40 pm By Omar Faridi  |  

Juniper Research‘s latest report, extensively covering fraud tactics and security tech developments, released this month, offers a pragmatic assessment for industry leaders. Authored by Analyst Thomas Wilson, the study cuts through the noise by evaluating 15 key technologies using a proprietary framework that distinguishes high-performing… Read More

January 20, 2026 @ 1:17 pm By Omar Faridi  |  

Digital bank Revolut continues to push boundaries with innovative solutions that enhance user experience and security. With a global user base exceeding 65 million, including 12 million in the UK, the company recently rolled out two significant updates on January 19, 2026. These initiatives focus… Read More

January 20, 2026 @ 10:50 am By JD Alois  |  

The City of London Police reports that cyber crime and fraud are now the most common crimes in the United Kingdom. Digital fraudsters are benefiting from the advent of digital finance. It has been estimated that in the first half of 2025, UK cyber crime and… Read More

January 18, 2026 @ 2:34 pm By Omar Faridi  |  

Fraudsters are harnessing various digital technologies to launch increasingly sophisticated attacks. Experian‘s latest Future of Fraud Forecast, released this month, highlights five major trends poised to challenge businesses and consumers throughout the year. The report underscores how advancements like artificial intelligence are being weaponized, enabling… Read More

January 9, 2026 @ 4:26 pm By Omar Faridi  |  

In an era where digital threats evolve continuously, cybersecurity focused firm Kaspersky has released compelling research highlighting vulnerabilities across consumer, corporate, and telecom sectors. As we enter 2026, these insights underscore the need for robust defenses amid rising phishing attempts, sophisticated attacks, and emerging technologies…. Read More

December 28, 2025 @ 9:32 pm By Omar Faridi  |  

Analysis from the Federal Trade Commission shows that since 2020 consumers reported nearly 65,000 rental scams, many of which originated from fake listings on sites like Facebook and Craigslist, and “losses totaling about $65 million.” Rental scams usually involve fake rental listings, which “can often… Read More

December 28, 2025 @ 7:55 am By Omar Faridi  |  

The Securities and Exchange Commission recently filed charges against purported crypto asset trading platforms Morocoin Tech, Berge Blockchain Technology, and Cirkor, and investment clubs AI Wealth Inc., Lane Wealth, AI Investment Education Foundation, and Zenith Asset Tech Foundation alleging that they defrauded retail investors “out of… Read More

December 26, 2025 @ 3:50 pm By Omar Faridi  |  

Bank of Ireland says that it is reminding and warning all of its customers about social media advertisements that are currently in circulation which are said to be “impersonating well-known retailers offering deals and bargains.”  With online shopping at its peak during the festive season,… Read More

December 26, 2025 @ 8:38 am By Omar Faridi  |  

UK fraud reports from the past year have reportedly been dominated for the most part by vehicle and various ticket scams in 2025, according to new figures from Lloyds. It was driving lessons and test scams that have now recorded the sharpest year-on-year rise, up… Read More

December 8, 2025 @ 3:07 am By Omar Faridi  |  

The Tech Against Scams Coalition (TASC), a collaboration of leading tech companies, announced Scamberry Pie, a holiday initiative focused on helping families and communities start conversations about online scam red flags. The campaign centers on Scamberry Pie, which is described as “a limited-edition cranberry tart… Read More