An FTC report says that Americans last year lost $2.1 billion in social media scams, such as shopping and investment schemes. Social media site have become the place where most of these ...

The FBI and law enforcement from Dubai, Thailand, and China shut down nine scam centers and arrested 276 people in connection with crypto fraud operations that were used to target Americans and ...

Cyber-driven fraud – from investment schemes to business email compromise (BEC) to confidence and romance scams – accounted for almost 85% of the losses Americans suffered through fraud crimes last year, totaling ...

Service providers are delivering infrastructure, tools, and expertise and giving rise to pig-butchering-as-a-service models that are enabling the Asian crime syndicates running massive investment and romance scams to through industrial-scale compounds around ...

Low Earth Pork: Pig-butchering scammers in Myanmar lose use of 2,500 Starlink terminals ...

Authorities in 14 African countries arrested 260 people, seized 1,235 electronic devices and took down 18 criminal infrastructures in a sprawling Interpol operation aimed at the growing global problem of romance and ...

 In Nigeria, scammers who specialize in Romance Scams and BEC are called "Yahoo Boys."  In Ghana, the term for the same activity is "Sakawa."  Several Ghanaian headlines are talking about this case ...

DoJ, FBI, USSS yoinked USDT: Pretty girls plus investment fraud equals forfeiture recovery (eventually) ...

The Treasury Department is moving to cut off Huione Group, a Cambodian conglomerate, from the U.S. financial system, saying the firm and its multiple entities laundered billions of dollars for North Korea's ...

Bacon Redux: Pig butchering and other serious scams still thriving, despite crackdowns in Dubai and Myanmar ...