New Investment Scam Leverages AI, Social Media Ads to Target Victims Worldwide
Fraudsters exploit social media, AI-generated testimonials, and phishing websites to scam victims, significantly increasing the threat landscape in 2024.
How Scammers Stole $538 Million from Seniors Last Year and What You Can Do to Stop Them
Scammers are increasingly targeting seniors, leading to significant financial losses, highlighting the need for better protective measures and awareness.
Meta to force financial advertisers to be verified in bid to prevent celebrity scam ads targeting Australians
Meta introduces verification requirements for financial advertisers to combat rising investment scams involving fake celebrities, effective February 2025.
Australians Lost $122M Worth of Crypto to Scams in 12 Months: Police
Investment scams in Australia amounted to A$382 million in 2023-24, with 47% involving cryptocurrency.
Money Launderer Who Moved Scam Victims' Funds Faces Up to Two Decades in U.S. Prison
A Chinese citizen laundered millions from cryptocurrency scams and faces up to 20 years in prison.
Trump's Coin Is About As Revolutionary As OneCoin
Donald Trump's WLFI cryptocurrency project is pre-mined, lacks decentralization, and is indefinitely non-transferable, raising serious concerns about its legitimacy.
Australians Lost $122M Worth of Crypto to Scams in 12 Months: Police
Investment scams in Australia amounted to A$382 million in 2023-24, with 47% involving cryptocurrency.
Money Launderer Who Moved Scam Victims' Funds Faces Up to Two Decades in U.S. Prison
A Chinese citizen laundered millions from cryptocurrency scams and faces up to 20 years in prison.
Trump's Coin Is About As Revolutionary As OneCoin
Donald Trump's WLFI cryptocurrency project is pre-mined, lacks decentralization, and is indefinitely non-transferable, raising serious concerns about its legitimacy.
Victims of a $7 Billion Fraud May Soon Be Paid. For Some, It's Too Late.
Victims of financial fraud often face difficult choices between immediate cash settlements and potential future recoveries, with decisions that may haunt them later.