Romance scams costlier than ever: 10 percent of victims lose $10,000 or more
A Malwarebytes survey has found 66 percent of people were targeted by a romance scam, with 10 percent of victims losing $10,000 or more.
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Pig butchering scams, how they work and how to avoid them
Pig butchering scams are usually tied to cryptocurrency investments that make for big business with victims on both sides of the line.
Read moreCryptocurrency scams metastasize into new forms
Credit to Author: gallagherseanm| Date: Fri, 02 Feb 2024 11:00:13 +0000
“DeFi mining” scams adopted by pig-butchering rings create more problems for those trying to defend against them.
Read moreInvestment fraud overtakes business email compromise as most reported fraud
Categories: News Categories: Scams Tags: FBI Tags: IC3 Tags: 2022 Tags: report Tags: investment fraud Tags: crypto-investment fraud Tags: pig butchering Tags: hacked socail media According to the FBI’s annual report, investment fraud overtook business email compromise as the most reported and most damaging type of fraud in 2022. |
The post Investment fraud overtakes business email compromise as most reported fraud appeared first on Malwarebytes Labs.
Read moreMassive Losses Define Epidemic of ‘Pig Butchering’
Credit to Author: BrianKrebs| Date: Thu, 21 Jul 2022 16:35:28 +0000
U.S. state and federal investigators are being inundated with reports from people who’ve lost hundreds of thousands or millions of dollars in connection with a complex investment scam known as “pig butchering,” wherein people are lured by flirtatious strangers online into investing in cryptocurrency trading platforms that eventually seize any funds when victims try to cash out.
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