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.
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.
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?
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.