This photo taken on May 27, 2023, shows a woman passing a cryptocurrency exchange office in Hong Kong. (Photo by Peter Parks/AFP via Getty Images) California prosecutor Erin West on the massive wealth transfer to Southeast Asia from a crypto scam called ‘pig butchering’ The Santa Clara County deputy district attorney has made it her mission to fight back against these scams and the people executing them. Jul 12, 2023 By CyberScoop Staff
A view of the Interpol Global Complex for Innovation building during the inauguration opening ceremony in Singapore in 2015 (ROSLAN RAHMAN/AFP via Getty Images) INTERPOL raids hundreds of scammy call centers in sweep Investigators found scammers involved in human trafficking. Jun 15, 2022 By Tonya Riley
(Photo by NHAC NGUYEN/AFP via Getty Images) Losses to cryptocurrency scams top $1B, FTC reports Nearly half of the scams originated on social media. Jun 3, 2022 By Tonya Riley
FBI Director Christopher Wray speaks during a news conference at the Robert F. Kennedy Main Justice Building on Nov. 8, 2021 in Washington, D.C. (Photo by Chip Somodevilla/Getty Images) FBI: Cybercrime reports saw ‘unprecedented’ rise last year, costing nearly $7B Business email compromise again proved costliest, at $2.4 billion, according to the bureau's Internet Crime Complaint Center. Mar 23, 2022 By Tim Starks
(Getty Images) Online romance scams expand, now with more cryptocurrency The FTC says that of the $547 million in romance scams reported in 2021, $139 million in losses involved cryptocurrency transactions. Feb 10, 2022 By Joe Warminsky
(Getty) FTC says Americans are losing more money to social media fraud than ever before Facebook is playing a large role. Jan 27, 2022 By Tonya Riley
(Getty Images / Scoop News Group) The Justice Department is ramping up its crackdown on money mules But cryptocurrency still poses a big challenge. Dec 3, 2021 By Tonya Riley
Operation HAECHI-II (Interpol) Months-long Interpol crackdown nets more than 1,000 online fraud arrests The sting also intercepted $27 million in illicit funds. Nov 29, 2021 By Tim Starks
BARCELONA, SPAIN – JANUARY 29: A Bitcoin ATM machine, to buy or sell cryptocurrencies, is placed within a safety cage on January 29, 2021 in Barcelona, Spain. The European Union Agency for Law Enforcement Cooperation (Europol) and local law enforcement busted an allegedly fraudulent scam posing as a firm that specialized in cryptocurrency and foreign exchange investment training out of Andorra. (Photo by Cesc Maymo/Getty Images) Romance scammers exploit Apple’s developer program to spread fake cryptocurrency apps Swindlers have defrauded victims out of $1.4 million with the romance scam. Oct 13, 2021 By Tonya Riley
(Getty Images) Houston man sentenced to 7 years for attempted $2 million romance scam The Nigerian national also must pay back nearly $900,000 to victims, a judge ordered. Jul 8, 2021 By Tim Starks