Recently, SEC Chair Gary Gensler issued fresh warnings about cryptocurrencies amid Bitcoin’s surge to a new all-time high. He emphasized concerns about abuses and fraud within the crypto space, cautioning investors about the speculative and volatile nature of Bitcoin. Although Gensler refrained from commenting specifically on pending applications, he did…
One payment in particular concerned her: a £1500 transfer that went out every month, like a mortgage payment, just after Baldwin’s pension had cleared. It didn’t fit any of the payments coming in. This, she realised, was Baldwin’s own money. On that first visit, Baldwin calmly told the officers that…
Loneliness made him do it. A farmer says prolonged isolation, coupled with his kind-hearted nature, made him fall victim to scammers who posed as potential lovers on four occasions in the last decade. “It would be very important to me (to find an intimate partner). I live on the farm…
A Denton County woman convicted late last year on charges related to a large “romance scheme” operation in North Texas has been sentenced to 10 years in prison, federal prosecutors for the northern district of Texas announced. Ijeoma Okoro, 33, of Aubrey, has also been ordered to pay more than…
A Denton County woman convicted late last year on charges related to a large “romance scheme” operation in North Texas has been sentenced to 10 years in prison, federal prosecutors for the northern district of Texas announced. Ijeoma Okoro, 33, of Aubrey, has also been ordered to pay more than…
COLUMBUS, Ohio (WCMH) — A Columbus man has been sentenced to prison after he pleaded guilty to laundering money from romance scams on online dating and social media sites. Mubarik Ibrahim was sentenced to 27 months in prison on Tuesday and ordered to pay nearly $840,000 in restitution, according to…
Photo: Oleg Elkov/iStock via Getty Images Plus They say, “you can’t buy love,” but scammers have figured out a way to exploit it for profit.Romance scams are at an all-time high and, while victims cross all demographics, the Federal Trade Commission (FTC) reports that elders are increasingly targeted. Why? Because…
SHREVEPORT, La. (KTAL/KMSS) – The popularity of docuseries like Netflix’s The Tinder Swindler has brought to light a crime that affects tens of thousands of victims nationwide – romance scams. Just in time for Valentine’s Day, federal investigators are advising the public of the warning signs of these financial crimes…
Love is in the air this week for Valentine’s Day and as people take their search for love online, the FBI is warning them to beware of romance scams. In 2023, 64,000 people reported a romance scam, and losses to fraudulent online suitors hit a staggering $1.14 billion, according to…
This is the time of year when romance scams increase. Now, officials across the country are sending out the warning, saying artificial intelligence could make these scams harder to beat. Romance scams are when a scammer uses social media or dating apps to get close to you. Once this new…
