An elderly couple who lost a quarter of a million dollars in a sophisticated online scam are equally gob smacked by their bank’s inaction to stop the crooks.
Continue ReadingFraud
International Bank Scam
A Brisbane couple has fallen victim to a nasty text message scam that lost them $78,000 just weeks out from Christmas.
Continue ReadingUSAA Warns of New Scam
USAA is warning its members about a scam from fraudsters calling local residents and pretending to be from the bank.
Continue ReadingPhishing Scam
Scam text messages claiming to be from California’s Employment Development Department and Bank of America. Targeting unemployment money and bank accounts.
Continue ReadingSocial Engineering
Phishing, vishing, smishing, spear phishing, and whaling, among others, are all forms of social engineering, ways for cyber criminals to steal your money.
Continue ReadingFake Bank Website Scam
A California man admitted conspiring to commit wire and securities scam in connection with his role in a $50 million internet enabled fraud scam scheme.
Continue ReadingThe Number One Scam in Australia
Police say the number one scam in Australia is business email compromise. Business email compromise (BEC) is a form of targeted phishing, or spear phishing.
Continue ReadingTampa Teen Hacking of Twitter
Graham Clark is now serving a three-year prison sentence for hacking Twitter, dozens of celebrities and stealing tens of thousands of dollars in Bitcoin.
Continue ReadingPhilippines Gambling Syndicates
The inner workings of human trafficking syndicates who con Chinese nationals into entering the country to work illegally in online gambling operations.
Continue ReadingLove Scam Rings in Cambodia
In 2021, Singaporeans lost over 10 million to the pig-butchering scam, an emerging hybrid of romance and investment scams.
Continue ReadingScams Cost Americans $40 Billion
Despite the rise of sophisticated crypto frauds and ransomware plots, phone scams continue to trick Americans out of tens of billions of dollars each year.
Continue ReadingFamily Scammed for Over $40,000
As the fallout continues following the Optus data breach, one Melbourne family has been scammed and they have lost more than $40,000.
Continue ReadingSim Swapping Scam
SIM swapping scam happens when scammers contact your mobile phone’s carrier and trick them into activating a SIM card that the fraudsters have.
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