Weird But True By Tracy Swartz Published Feb. 15, 2024, 5:44 p.m. ET Her mineral man wasn’t rock solid. A grieving British widow says she was conned out of $63,000 in life savings by a “romance scammer” who preyed on her via Facebook. The sexagenarian, known only as Lyn, was…
Cybercrimes have spread their tentacles everywhere and that includes social networking sites! Yes, along with everything else, fraud too has moved online. In recent times many reports have detailed how people are being scammed over social networking sites like Facebook, WhatsApp, Telegram, among others. These scams are not limited to…
BOSTON — It’s a warning story for everyone using dating apps: scammers are using the sites to find victims and steal hundreds of thousands of dollars. One victim shared her story with WBZ-TV. She had just finalized her divorce earlier in the year and decided to put herself out there…
Mumbai, April 4: In a bizarre incident that took place in Hong Kong, a man from Italy was allegedly duped to the tune of over $1.8 million by his love interest whom he met online. Surprisingly, the man, a financial consultant by profession was reportedly tricked by his so-called ‘internet lover’…
NEW YORK (AP) — With the help of technology, scammers are tricking Americans out of more money than ever before. But there are steps you can take to keep your money and information safe. In 2022, reported consumer losses to fraud totaled $8.8 billion — a 30 percent increase from…
Idea Generation: Mike Amiri Mike Amiri was raised in Los Angeles’s most famous neighborhood, Hollywood, during the excess of the ’80s hair metal scene. The son of Iranian immigrants, he was transfixed by the music, culture and fashion coming out of clubs like the Roxy. So when he launched his…
To print this article, all you need is to be registered or login on Mondaq.com. Payment scams exploiting the lure of cryptocurrency are a growing concern for individuals and businesses—losses from crypto scams increased from $907 million in 2021 to $2.57 billion in 2022. These scams typically involve criminals…
“Pig butchering” operations run out of Asia but target victims globally, with scammers promising love and wealth to get their victims to invest their fortunes. The scam often starts simply with an unsolicited text message. Reported U.S. losses from investment scams totaled over $3.3 billion last year, according to the…
Between last June and January this year, she was coaxed into transferring HK$24.5 million into designated bank accounts in 65 transactions, he said. The Post learned that her investment account showed positive returns and the balance once reached nearly double what she had invested. According to the force, the woman…
Guess your password? Crack your password? Steal your password? What if the crooks already have one of your passwords, and can use it to figure out all your others as well? DOUG. LifeLock woes, remote code execution, and a big scam meets big trouble. All that, and more, on the…
