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…
Pay Dirt is Slate’s money advice column. Have a question? Send it to Athena here. (It’s anonymous!) Dear Pay Dirt, My Aunt Minnie is 72 and has fallen in love with a scammer. She understands very little about technology. She joined a Facebook group for fans of a certain performer and met “Jack,”…
By Virma Simonette & Kelly Ng in Manila and Singapore 14 March 2024 Image source, Presidential Anti-Organized Crime Commission Image caption, Police rescued hundreds of victims from the centre in Bamban, about 100km north of capital Manila Hundreds of people have been rescued from a scam centre in the Philippines…
Technology has disrupted many aspects of traditional life. When you are sitting at dinner and seeing a couple going out on a ‘first date’, consider this may be their first in-person date and that they have been interacting (dating) online for months. According to global data and business intelligence platform…
Reports of suicides, missing bodies, sexual kompromat and emptied bank accounts as fake sangomas con victims with the ‘ancestry scam’. An army of fake sangomas using a combination of hallucinogenic drugs, romance scams, and promises of spiritual encounters with departed ancestors is spreading across the country. The scam is so…
A South African woman has been left with her head in her hands after she was scammed out of R1.6m by her Ugandan lover. According to reports, police are currently searching the Ugandan man who convinced his Mpumalanga girlfriend that if she gave him money, he would multiply it for…
The internet continues to create conflicts for parents who want to give their children the benefits it provides without exposing them to the dangers it harbors. Online videos games are part of that struggle. Staying up-to-date on safety issues helps parents better negotiate the benefits and costs of online gaming….
About three years ago, Jannette, an 80-year-old woman living in New Zealand got a phone call at 11 in the night. It was strange for her to get calls at such an odd time and it seemed ominous, but she took it anyway. “Hello, ma’am. Some people are trying to…
It turned out to be an investment scam. Scammers dupe Hongkongers out of HK$31.5 million in low-interest loan cons “I was so stupid to trust her and invest all my family savings,” businessman Albert Berton (not his real name), 53, told the Post. He had never met the woman. Police…
Starting next month, dating app Hinge will begin rolling out a new profile verification feature to combat a surge in fake accounts. Dubbed “Selfie Verification,” the feature will prompt users to upload a video of themselves, which the app, with a combination of machine learning and human oversight, will use…
