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Fraud Alert
US Authorities Crack Down on North Korea-Linked Cambodian $4B Scam

US Authorities Crack Down on North Korea-Linked Cambodian $4B Scam

North Korea-linked Huione Group defrauds US citizens through romance scams and cyber theft, stealing billions. Federal authorities crack down on illegal operations.

05-02
FCA Warns Public About 7 Unauthorised Financial Firms

FCA Warns Public About 7 Unauthorised Financial Firms

The FCA has issued warnings against seven unregulated platforms—such as apexmarkets.live and Globalinvestmentmarket—for potentially targeting UK investors without proper licensing.

04-30
Pi Network: Scam Allegations Spark Heated Debate

Pi Network: Scam Allegations Spark Heated Debate

A whistleblower report has surfaced, casting doubt on the legitimacy of Pi Network, alleging psychological manipulation, opaque operations, and potential financial exploitation. What is your take on this?

04-29
PayPal Account Holders Warned of Surge in Scams

PayPal Account Holders Warned of Surge in Scams

Experts warn of increased PayPal scams, including fake emails and gift cards. Stay alert to protect your account from cybercriminals.

04-29
BaFin Flags 5 Unauthorised Financial Platforms for Consumer Risk

BaFin Flags 5 Unauthorised Financial Platforms for Consumer Risk

Germany’s financial watchdog BaFin has raised alarms over five unlicensed platforms—FxMiracles Inc., Aktien Network, Euro Pro Markets, ZukunftsFinanz Stiftung, and ConsorsGlobal. These entities were found offering investment and crypto-related services to German users without proper regulatory approval, often using misleading websites, fake affiliations, or anonymous messaging channels.

04-25
UN Warns Asian Scam Operations are Spreading Worldwide

UN Warns Asian Scam Operations are Spreading Worldwide

UN report reveals Asian scam operations expanding globally, targeting Africa, Latin America with cyberfraud, generating billions amid crackdowns.

04-25
South Africa's Regulator Warns of WhatsApp Scam Impersonation with 30% Returns

South Africa's Regulator Warns of WhatsApp Scam Impersonation with 30% Returns

New deepfake scam in South Africa uses fake FSCA video to promote fraudulent AI trading schemes. Public warned about unauthorized financial schemes.

04-25
Avoid These Sites: FCA Names 11 Suspicious Financial Firms

Avoid These Sites: FCA Names 11 Suspicious Financial Firms

The UK Financial Conduct Authority (FCA) has flagged 11 websites—such as SELFTRADEINV, PROBIT INVESTMENTS, and CryptoNovaPRO—for offering financial services without proper authorization.

04-24
SEC and DOJ Charge Ramil Palafox in $200M Crypto Ponzi Scheme

SEC and DOJ Charge Ramil Palafox in $200M Crypto Ponzi Scheme

The SEC and DOJ charge Ramil Palafox in a $200 million crypto fraud, alleging Ponzi-like scam and misused investor funds for luxury goods and lavish events.

04-23
Japan Issues Urgent Warning on $700M Unauthorized Trades

Japan Issues Urgent Warning on $700M Unauthorized Trades

Japan's FSA warns of $700M in unauthorized trades from phishing attacks on brokerage accounts. Cybersecurity threats continue to rise in the country.

04-22
Asian Scam Operations Worth €35 Billion Spreading Globally, UN Warns

Asian Scam Operations Worth €35 Billion Spreading Globally, UN Warns

The UN report reveals the growing threat of transnational crime, driven by AI, money laundering, and scams across Asia, Africa, and Latin America.

04-22
Paraguay Faces Crypto Fraud Crisis Amid $4B Ponzi Scams

Paraguay Faces Crypto Fraud Crisis Amid $4B Ponzi Scams

Paraguay's crypto fraud crisis sees over $4B lost in Ponzi schemes. Fake platforms and local middlemen fuel scams, with authorities fighting back.

04-22
Hong Kong Warns of CBEX Group Fraud Amid Nigerian Outrage

Hong Kong Warns of CBEX Group Fraud Amid Nigerian Outrage

Hong Kong's 2024 alert revealed CBEX Group's fraudulent activities, misleading investors in Nigeria and beyond. Many face significant financial losses and withdrawal issues.

04-16
CySEC Issues Investor Alert on Unauthorized Financial Websites

CySEC Issues Investor Alert on Unauthorized Financial Websites

CySEC warns investors about enfodns.com, ca-xe.pro, and six other unregistered sites. These platforms operate illegally and may pose a risk of fraud.

04-16
4 Firms Named by FCA for Operating Without Authorisation or Impersonating Licensed Companies

4 Firms Named by FCA for Operating Without Authorisation or Impersonating Licensed Companies

The FCA has issued warnings against four firms — liontrustfunds.email, Harmony FX Pro Org, GreenTurf Invest, and CRYPTOSMART — for operating without authorisation or impersonating FCA-authorised companies.

04-15
Norfolk Police Warn About Investment Scams: Losses Total $143K

Norfolk Police Warn About Investment Scams: Losses Total $143K

Norfolk OPP urges caution after two residents lost $143K in online trading and crypto scams. Protect yourself from investment fraud.

04-15
Finfluencers or Frauds? The High-Stakes of Online Financial Advice

Finfluencers or Frauds? The High-Stakes of Online Financial Advice

In today’s digital age, TikTok, Instagram, and YouTube have overtaken traditional financial journalism as the first port of call for many aspiring investors. Instead of stockbrokers or certified advisers, millions now turn to “finfluencers”—social media personalities dispensing investment tips and money management strategies. While some offer genuine insights, others have exploited their reach to push misleading or outright fraudulent schemes, often leaving followers in financial despair.

04-15
Singapore Authorities Warn Public of OneMotoring Phishing Scam, $407K Lost

Singapore Authorities Warn Public of OneMotoring Phishing Scam, $407K Lost

Scam alert! Impersonators posing as OneMotoring have stolen $407,000 through fake messages about unpaid transport bills. Police urge the public to stay alert.

04-15
BI Dismantles Large-Scale Online Scam in Makati, Arrests 86 Foreign Nationals

BI Dismantles Large-Scale Online Scam in Makati, Arrests 86 Foreign Nationals

BI arrests 86 foreign nationals involved in online scams in Makati, including Chinese, Malaysian, and Vietnamese workers. Deportation proceedings are underway.

04-15
Spanish Police Uncover €19M Crypto Scam Using AI and Fake Celebrity Endorsements

Spanish Police Uncover €19M Crypto Scam Using AI and Fake Celebrity Endorsements

Spanish authorities dismantle a €19M crypto scam using AI-generated celebrity endorsements. Learn how AI deepfakes and social media hacks fuel crypto fraud.

04-14
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