Cleveland Brothers Posed as UAE Royalty to Run Crypto Scam, Other Frauds

Two Cleveland-area brothers were charged Thursday with fraud and money laundering by federal prosecutors after they allegedly ran a cryptocurrency scam posing as members of the United Arab Emirates (UAE) royal family and defrauding investors of millions of dollars. He was indicted in the ring scheme. According to reports, Zubair Mehmet Abdul Razak al-Zubair, 41, […]
IRS warns of new ‘scam mailing’ scheme to trick taxpayers

The Internal Revenue Service warned that thieves are using a new “scam email” scheme this tax season to trick taxpayers into handing over their bank account numbers and Social Security numbers. According to the IRS, the largest scam targeting approximately 162 million U.S. taxpayers “attempts to trick people into believing they owe a refund.” Victims […]
Visa is sued over ‘Vanilla’ gift card scam known as ‘draining’

Visa was sued by consumers on Tuesday, alleging its card payment network failed to reduce the likelihood that prepaid “vanilla” gift cards would end up in the hands of thieves. Ira Schuman, who is leading a proposed class action lawsuit in federal court in White Plains, New York, said she purchased eight $500 vanilla cards […]
South Carolina lawmaker whose son died by suicide after sextortion scam files lawsuit against Meta

Arturo Bejar, Facebook’s former engineering director, says governments should force social media platforms like Instagram to protect children from abuse. South Carolina lawmaker lost son to suicide as a teenager Became a victim of sextortion fraud is currently suing Meta, which owns Facebook and Instagram. State Rep. Brandon Guffey said Meta engaged in deceptive practices […]
How Venezuela Tried — and Failed — to Run a Crypto Scam

CARACAS, Venezuela – Maduro’s government randomly suspended its fraudulent cryptocurrency, the Petro, in January. The “Petro” was one of many failed “brilliant” ideas that the regime imposed on the country in the guise of benefiting the people, but reportedly used it to steal further from the dwindling national treasury. It is said that he did. […]
Beware of this McAfee Google Chrome pop-up scam

“Cyber Guy”: Don’t take the bait Kurt Knutsson gives advice on how to identify secure email links and tips for protecting your email accounts from phishing attacks. Warn you about scams you may encounter while browsing the web. A McAfee antivirus pop-up suddenly appears on your computer claiming that your device is infected and your […]
AI will make scam emails look genuine, UK cybersecurity agency warns | Artificial intelligence (AI)

The introduction of artificial intelligence will make it difficult to tell whether emails, such as messages asking computer users to reset their passwords, are genuine or sent by fraudsters or malicious actors, the UK's Cybersecurity Agency has said. I warned you. The National Cyber Security Center (NCSC) said that as AI tools become more sophisticated, […]
Colorado pastor Eli Regalado faces civil charges for alleged crypto scam – The Washington Post

comment on this storycomment Add to saved stories keep An online pastor has been indicted on civil fraud charges for selling virtual currency that regulators say is “virtually worthless.” His explanation: God told him to do it–though it's possible he “misheard.” Colorado Commissioner of Securities filed a legal complaint Last week, I competed against Eligio […]
Father of high school athlete targeted by sextortion believes scam more dire than FBI report suggests

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Colorado sextortion scam targets middle and high school students: police

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