cointelegraph.com
FinCEN Ties $13B in Crypto Scams to Non-US Operations
FinCEN identified $12.7 billion in crypto scams targeting US residents, largely perpetrated by transnational criminal organizations operating from compounds in Southeast Asia.
Fraud
Stories tagged “Fraud.”
30 stories
indianexpress.com
India-born Manjit Singh Bedi in FBI’s ‘Most Wanted’ list for alleged fraud
Indian-born Manjit Singh Bedi has been added to the FBI's 'Most Wanted Fraudsters' list for allegedly defrauding the US government of at least $600,000 through a food benefits scheme.
sanews.gov.za
KZN Treasury commends arrests linked to alleged fraud
KwaZulu-Natal Finance MEC Francois Rodgers has praised law enforcement for arresting individuals implicated in an alleged R2 million fraud and corruption case involving the eMadlangeni Local Municipality.
thehackernews.com
Extradited Russian Hacker Faces Charges Over Excel Malware Campaign That Infected Thousands
Russian hacker extradited from Cyprus faces charges for a 2016-2017 campaign using fake accounts to send malware-laced Excel attachments to thousands of users.
livemint.com
UAE scam alert: Dubai consulate warns Indians against fake agents promising visas, jobs and Emirates IDs
Dubai consulate warns Indians against fake agents offering visa, job, and Emirates ID scams. Biometric data can be misused for financial transactions.
Phone scams in Fukuoka Prefecture total ¥6.77 billion by end of July
japantoday.com
Phone scams in Fukuoka Prefecture total ¥6.77 billion by end of July
Fukuoka Prefectural Police reported 1,061 phone-based fraud cases from January to July, resulting in total financial losses of approximately ¥6.77 billion. A significant portion of these losses, ¥3.24 billion, stemmed from social media-based investment fraud.
scmp.com
Malaysian man kills wife, 2 children and self over love scam
A 48-year-old Malaysian man is believed to have killed his wife and two young children before taking his own life in Kuala Lumpur, reportedly due to a US$61,000 love scam.
bbc.co.uk
Selena Gomez Pushes Back Against Fraud Claims
Selena Gomez faces fraud allegations from investors who claim she defrauded them by not properly backing her mental health platform Wondermind. Gomez's lawyer argues the claims are 'threadbare' and that Gomez never agreed to manage the company.
news.crunchbase.com
Socure Secures $156M at $5.2B Valuation, Acquires AI Fraud Investigation Startup Fravity
Socure raises $156M, valuing it at $5.2B. It also acquires Fravity, an AI startup for fraud investigation.
The Supreme Court denies that the Treasury must return VAT on stamps to those defrauded by Afinsa
elpais.com
The Supreme Court denies that the Treasury must return VAT on stamps to those defrauded by Afinsa
Spain's Supreme Court has rejected a claim by Afinsa investors seeking a refund of VAT paid on stamp purchases between 1998 and 2005, ruling that the tax cannot be considered an "undue payment" despite the underlying fraud.
decrypt.co
Crypto Fund Founder Convicted of Fraud Over Fake Trading Bot
A federal jury has convicted Japheth Dillman of wire fraud and conspiracy over the collapse of crypto fund Block Bits Capital. He told investors the fund's automated trading software was complete and working when he knew it was not.
bleepingcomputer.com
Police arrests dozens of suspects in global cybercrime crackdown
Police in 22 countries arrested 58 individuals linked to cybercrime networks, disrupting a major syndicate involved in global financial fraud.
startuppakistan.com.pk
WhatsApp Parcel Scam?Fake Delivery Calls Target Women Across Pakistan
A new WhatsApp scam is targeting users in Pakistan, with fraudsters using fake parcel delivery calls to gain access to victims' accounts. The scam particularly targets women, with callers posing as representatives of courier or delivery companies.
arynews.tv
WhatsApp parcel scam targets women in Pakistan
A new WhatsApp scam is targeting women in Pakistan, where fraudsters pose as courier company representatives to gain access to victims' accounts and demand money from their contacts.
wired.com
Your Expired Visa Card Could Be ‘Zombified’ to Make Contactless Payments
Fraudsters can use expired Visa cards to make contactless payments through a man-in-the-middle app.
thehackernews.com
Android Car Malware Spreads Through Built-In Updaters for Ad Fraud, Proxy Botnet
Cybersecurity researchers have flagged a new malware family that's specifically designed to infect Android-based vehicle head unit firmware developed by DoFun. The end goal of the malware is to serve a multi-stage downloader to enable ad fraud and creation of a proxy botnet.
mathrubhumi.com
Mumbai Police Busts Inter-State Cyber Fraud Ring, 125 Crore Scam
Mumbai Police have busted an inter-state cyber fraud gang operating with approximately 110 "mule" bank accounts, facilitating transactions worth around 125 crore rupees. Three individuals from Madhya Pradesh have been arrested in connection with the racket, which involved…
bolnews.com
Norway quashes 16-year-old fraud case against Umar Farooq Zahoor
Norway's top prosecuting authority has dismissed a 16-year-old fraud case against Norwegian-Pakistani businessman Umar Farooq Zahoor, citing insufficient evidence to prove wrongdoing.
cointelegraph.com
Fake AI ‘Victims’ Are Scam-Baiting 600,000 Fraudsters Every Month
Australian tech firm Apate deploys 200,000 AI-powered bots globally to impersonate gullible scam victims, wasting millions of hours of fraudsters' time monthly and gathering intelligence.
bbc.com
'Boyfriend Available for Rent': Fake Dating Ads in India a New Threat to Young Women
Hyderabad police have issued a warning about a new cybercrime scheme in India involving fake 'boyfriend for rent' advertisements targeting young women, often using AI-generated images.
Foreign Nationals Arrested Over Online Scam Activities Shifted to Adiala Jail
techjuice.pk
Foreign Nationals Arrested Over Online Scam Activities Shifted to Adiala Jail
The Federal Investigation Agency (FIA) has transferred 284 foreign nationals, arrested in raids targeting online scam activities, to Adiala and Attock jails due to capacity issues. The ongoing investigation probes an organized international fraud network and scrutinizes v…
coindesk.com
MiCA's cleanup is creating a new scam wave across the European Union
The European Union's crypto clean-up has handed scammers a weapon. When the Markets in Crypto-Assets (MiCA) regulations' framework came into full force on July 1, more than 1,700 unlicensed crypto platforms were required to stop serving EU customers and direct them to lic…
theguardian.com
‘We detected unusual activity’: the scam that uses AI to exploit your holiday photos
Fraudsters are using AI to analyze holiday photos posted on social media, accurately pinpointing locations to craft highly convincing phishing scams that trick individuals into revealing bank details.
scmp.com
Multi-property owner loses HK$10 million after fraudster poses as possible tenant
A 64-year-old Hong Kong multi-property owner lost HK$10 million (US$1.3 million) after a scammer, initially posing as a prospective tenant, befriended her and tricked her into a cryptocurrency investment fraud.
bbc.co.uk
Selena Gomez sued for alleged fraud over mental health company
Hollywood actress and singer Selena Gomez is being sued by five investors who claim she failed to fulfill her duties for Wondermind Global, a mental health business she co-founded.
scmp.com
Investment scam cases in Hong Kong drop 15%, but losses remain high at HK$1.65b
Hong Kong experienced a 15% decrease in investment scam cases in the first half of 2026, with 2,151 reported incidents, yet total financial losses remained substantial at HK$1.65 billion (US$210 million). Police warn of sophisticated fraudsters using AI-generated identiti…
cointelegraph.com
Delio CEO Sentenced to 15 Years in Prison on Crypto Fraud in South Korea
Delio CEO Jeong Sang-ho was sentenced to 15 years in prison for defrauding users out of $49.3 million in crypto. The CEO was found guilty of embezzlement and using a false trading license.
indianexpress.com
Forged documents to fake auctions, how Delhi man pulled off luxury property scam
A Delhi businessman, Mohit Gogia, allegedly used forged documents and fake bank deals to target wealthy property buyers, selling luxury properties like No. 9, Amrita Shergill Marg and DLF Camellias in Gurgaon for around Rs 200 crore.
cointelegraph.com
Brazil targets crypto fraud with up to 24-hour transfer hold
Brazil's central bank will implement new rules requiring virtual asset service providers (VASPs) to hold certain crypto transfers for up to 24 hours to combat fraud, effective January 1, 2027. This applies to transactions over $10,000 to foreign platforms or self-custody …
theguardian.com
'Watch The Odyssey for free online': scam targets film fans with fake streaming sites
Scammers are exploiting the release of 'The Odyssey' by creating fake streaming sites that harvest bank details and infect computers with malware. Kaspersky and BeStreamWise are warning consumers.