Europol has busted a phishing and fraud ring that was reportedly responsible for the theft of several millions of euros being stolen from victims. The perpetrators engaged in illicit activities such …
BNPL Fraud Alert as Account Takeovers Surge
According to Imperva, account takeover attacks targeting the financial services sector have surged by almost 60% from April to May this year. Security researchers believe this may be due in part to …
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South African and US Officers Swoop on Fraud Gang
American and South African investigators have teamed up to crack down on fraud that is persistent in the latter country, recently arresting several members linked to a suspected fraud gang. The …
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Czech politicians strip ex-PM Babis of immunity over EU fraud
Former Czech Prime Minister Andrej Babis has been stripped of immunity. The former Prime Minister is facing charges over European Union subsidy fraud over his farm outside Prague. 111 of 176 …
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US charges HeadSpin ex-CEO over fake $1bn valuation scheme
HeadSpin has been charged $1 billion by the SEC and the US Department of Justice for allegedly defrauding investors by falsely claiming that the company had achieved strong and consistent growth. The …
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Rhode Islander Charged with Phishing Political Candidates
A Rhode Island woman has been charged with phishing and email fraud after impersonating Microsoft to steal personal information from political candidates and their staff. The woman, Diana Lebeau, …
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Consumers Warned About Surge in Meal Kit Delivery Scams
Cybersecurity firm Tessain has warned consumers to be vigilant about a surge in meal kit delivery scams after uncovering SMS scams impersonating popular companies such as Gousto and HelloFresh. The …
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Telegram Fraudsters Ramp Up Forged COVID-19 Vaccine Card Sales
A new type of fraud has been circulating on the dark web, with vendors selling fake vaccination records to people who want the social benefits of gaining access to places where proof of vaccine is …
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Is Digital Advertising the ‘Mother of All Money Laundries?’
With media credibility watchdog NewsGuard reporting that over 1,600 top brands ran thousands of ads on sites that promoted false claims ahead of the 2020 Election and fueled the Capitol riot, the …
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RG Coins cryptocurrency exchange owner lands 10 years behind bars for money laundering
Rossen Iossifov was the Bulgarian owner of RG coins and has been sentenced to 10 years in prison. He was sentenced after his actions of laundering millions of dollars from defrauded victims. The …