These scams seem to target individuals with limited understanding of online job postings, prey upon desperation, and exploit trust in familiar platforms.
Chiarello's estate alleges that upon his death, three individuals "immediately and maliciously embarked on a campaign of coercion, fraud, and interference to try to trick, intimidate, and pressure Chef Chiarello's Estate" to surrender his restaurants and related assets to them.
These things are industrial-scale fraud factories that are using some of the most modern technology available, and their use of that technology is allowing them to scale these things very quickly. ... I don't even think American law enforcement has figured out how to get their heads around this yet.
The younger Hou believes his father has been kidnapped and is personally offering a reward of up to $250,000 for information that leads to his father's return or identifies those responsible for his disappearance.
Private criminal prosecutions allow individuals, companies, or charities to seek justice, but can also lead to abuse, as shown by the Post Office's 918 successful prosecutions.
A pair of MoonPay executives lost $250,000 worth of Ethereum in a scam they believed was a donation to Donald Trump's inauguration. The victims received a fake email from someone pretending to be a Trump official, requesting the donation to a crypto wallet.
Monzo has been fined £21 million by the Financial Conduct Authority (FCA) after fraudsters were able to open bank accounts using clearly fake or implausible addresses - including Buckingham Palace and 10 Downing Street.