Young Adults Vulnerable to Phishing Scams Despite Being "Digital Natives"
Young adults, often called "digital natives," are surprisingly vulnerable to phishing scams due to impulsive social media habits, studies reveal.
Filipinos Rescued from Scam Operation in Cambodia
Three Filipinos rescued from forced scam operations in Cambodia, after being deceived into working there under false promises of high salary.
Woman Loses $1.2 Million in Police Impersonation Scam
A woman falls victim to a scam where impersonators claimed to be officers from the Anti-Scam Centre, stealing $1.2 million over two months.
Investor Alert: FCA Exposes 9 Unregistered Financial Companies
FCA warns investors: 9 unauthorized firms pose high risks without FOS and FSCS protection.FCA warns investors: 9 unauthorized firms pose high risks without FOS and FSCS protection.
A New Form of Scam "Smishing" Raises Significant Issues
Beware of smishing scams! FBI alerts on fake parking and toll texts stealing personal info. Learn how to protect yourself from these phishing attacks.
Beware of Fake 'Educational Foundations' Targeting Crypto Investors, Warns North Dakota Regulator
Fake crypto educators promising low-risk investments are surging—regulators warn investors not to fall into these deceptive schemes exploiting cryptocurrency enthusiasm.
Beware: Forex Investment Fraud Targeting Low Income Earners
SEC charges Jonathan Webb for defrauding investors, including low-income cemetery workers, in a $1.7M Forex scam. The settlement includes $400K in penalties.
California Cracks Down on Crypto Scams: 42 Websites Shut Down in $6.5M Bust
California Attorney General Rob Bonta announced earlier this week that the state had taken decisive action against fraudulent cryptocurrency operations. Authorities successfully shut down 42 scam websites responsible for deceiving investors out of at least $6.5 million.
FINRA Panel Orders Stifel to Pay $132.5M for Misleading Investors
FINRA arbitration panel rules Stifel must pay $132.5M for misrepresenting risks of structured notes, highlighting investor protection.
Bitcoin Prince Sam Lee Now Charged with Billion-Dollar Fraud
Once recognised as the Prince of Bitcoin, Sam Lee, who is also the co-founder of Hyperverse and HyperFund, is now charged with a billion-dollar fraud.
Cybersecurity Alert: Lazarus Targets Developers with Malicious npm Packages
The notorious North Korean cybercrime group, Lazarus, has recently intensified its infiltration into the npm ecosystem by deploying six new malicious packages. These packages are designed to compromise developer environments, steal credentials, extract cryptocurrency data, and install backdoors.
SEC Charges Ronald A. Pallek in $1.54 Million Fraudulent Investment Scheme
SEC sues Ronald A. Pallek for a $1.54M fraudulent scheme, alleging false promises and Ponzi-like payments to investors.
A Man Behind $96B Crypto Laundering Scheme Arrested in India
Indian authorities arrest Aleksej Besciokov, wanted by the US for running a $96B crypto exchange linked to global money laundering, cybercrime, and terrorism.
The ‘Boom-S’ Scam: How a Simple Click Led to RM46,534 in Losses
A 32-year-old accountant lost RM46,534 to the fraudulent 'Boom-S' investment scheme after being added to a Whatsapp group named PJT Academy.
Crypto Scam Advertised on Facebook Costs an E-Hailing Driver RM147,600
A 65-year-old e-hailing driver in Malaysia has lost RM147,604 to a fraudulent cryptocurrency stock scheme that was advertised on Facebook.
Stay Alert: Binance Email Scam Promising Access to “TRUMP Coin”
A new Binance email scam tricks users with a fake Trump Coin app that installs ConnectWise RAT malware. Learn how cybercriminals exploit trends to steal data fast.
SILEGX: Is This a New Scammer on the Block?
In recent weeks, concerns have emerged regarding a potential fraudulent trading platform operating under the name SILEGX. A whistleblower email, received by WikiFX’s customer service team, has drawn attention to the broker, which is allegedly linked to the now-defunct UKXVE, a platform previously accused of fraudulent activities in Malaysia.
20-Year-Old Singaporean Mastermind Behind $450 Million Crypto Theft
A 20-year-old Singaporean and his accomplice orchestrated one of the largest cryptocurrency thefts in U.S. history, funnelling over $230 million in Bitcoin through sophisticated laundering schemes while indulging in an extravagant lifestyle that ultimately led to their downfall.
63-Year-old Malaysian Lost RM300,378 to SILEGX
A 63-year-old man in Malaysia lost RM300,378 after being lured by an online cryptocurrency promotion that led him to invest in SILEGX.
Teacher Lost Life Savings in WhatsApp Investment Fraud
A Malaysian teacher recently became the victim of an elaborate investment scam, losing more than RM200,000 after being lured into a fraudulent Bitcoin scheme through WhatsApp.