Executives at the Bank of Ireland (BOI) could join a trial in the case against Mark Scott, who allegedly helped launder nearly $400 million via cryptocurrency scam scheme OneCoin. Four BOI witnessesRead More…
Philippine police have reportedly raided the offices of an alleged cryptocurrency scam that was targeting investors in China. According to a Sept. 15 report by local news outlet Inquirer.net, agents from theRead More…
Cybercriminals earned $1.2 million in Bitcoin (BTC) through “sextortion” and bomb threat scams in the last 12 months, cybersecurity company Symantec reports on July 30. In sextortion scams, the scammers send victimsRead More…
A scammer that called himself the “coyote of Wall Street” has admitted to telling clients he would invest their money in cryptocurrency only to keep it for himself. Patrick McDonnell, a 46-year-oldRead More…
In their most current mutant form, the Bitcoin Evolution/Bitcoin Revolution scams are using X-Men star Hugh Jackman as bait. According to the fraudsters, the Australian actor who is best known for hisRead More…
Five-time Ballon d’Or winner Cristiano Ronaldo is the latest celebrity whose likeness has played an unfortunate role in promoting a string of evil bitcoin scams. According to British tabloid Daily Mirror, cryptocurrencyRead More…
On Thursday, the U.S. Securities and Exchange Commission (SEC) filed a civil injunctive action against the operator of an alleged pyramid scheme that raised $26 million from investors. The defendant in theRead More…
Hackers, many in their teens, have drained the accounts of more than 50 Californian victims in a $35 million SIM swap heist. Officials estimate that in total, $50 million has been stolenRead More…
The U.S. SEC has secured a court order to stop an alleged diamond-backed Ponzi scheme estimated to be worth around $30 million. The securities regulator outlined how more than 300 investors wereRead More…
United Kingdom’s financial regulator, Financial Conduct Authority and the reporting center for scams and cybercrime, Action Fraud, have issued a warning following a surge in online Bitcoin and forex investment scams. PerRead More…