[ad_1] Australians lost $148.3 million (AUD$221.3 million) from investment scams where cryptocurrency was used as the payment method in 2022 — a 162.4% increase from 2021. According to an April…
Tag: scams
£177.6m lost to impersonation scams in 2022, says UK Finance
[ad_1] S ome £177.6 million was lost to impersonation scams last year, with more than 45,000 cases reported, according to a finance industry trade body. UK Finance, which leads the…
Holidaymakers warned over new travel scams exploiting passport delays
[ad_1] HOLIDAYMAKERS have been warned to look out for fraudsters advertising bogus travel deals and exploiting passport delays. Trading officers have warned that scammers were using increasingly sophisticated and convincing…
Spate of “Free NFTs” Scams Blights South Korea
[ad_1] Source: Yury/Adobe South Koreans are under attack from non-fungible token (NFT) scammers who pose as bona fide project operators to drain crypto from their victims. Yonhap reported that “phishing…
Employee retention credit scams making the rounds with small business owners
[ad_1] FARGO — The IRS and a local CPA are warning businesses about a new tax credit scam. Firms are cold calling business owners around the country falsely claiming they…
Revealed – what’s troubling financial institutions?
[ad_1] Business email compromise was also cited as a significant issue for the financial services sector, described by FS-ISAC as the “most common and costly frauds” affecting firms all over…
20-Yr-Old Cryptocurrency Investor Scams $29M; Tortured For Ransom By CoinEdition
[ad_1] A 20-year-old Ontario cryptocurrency investor Aiden Pleterski was kidnapped and held for ransom. Pleterski was accused of defrauding investors out of $29 million, out of which he only invested…
B.C. investors lost $24M to crypto scams last year: financial regulator
[ad_1] British Columbians lost a combined $24 million to cryptocurrency scams in 2022, an amount the province’s financial regulator says is nearly triple what was recorded in 2021. …