Items tagged with scams
The FBI has published its Cryptocurrency Fraud Report for 2023, and the losses continue to mount, reaching 5.6 billion dollars, which is a 45% increase in comparison to 2022. Even though fraudulent cryptocurrency schemes only account for 10% of the complaints the Internet Crime Complaint Center (IC3) receives, the...
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The United States Federal Trade Commission (FTC) is warning consumers of a "massive" surge in Bitcoin ATM scams (add it to the list of cryptocurrency scams). According to the FTC, consumers posted collective losses totaling $110 million in 2023, which is a tenfold increase versus 2020. And in the first half of this...
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Extreme overclocker Roman Hartung, who you may recognize better as 'der8auer', has been around the block a time or two, delidded his fair share of CPUs over the years, and has seen things. Lots of things. However, the close-up examination and dissection of a fake AMD Ryzen 7 7800X3D processor blew his mind, a phrase he used no less than three
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The Federal Trade Commission is warning the American people to be on guard as threat actors are making use of business and government impersonation scams to do serious damage. The agency is reporting a combined loss of over $1.1 billion in 2023 due to these types of fraud, which is three times as much as what the...
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The holiday season is upon us, which means a barrage of sales on services and products as people find themselves in the gift-giving mood. It's also a time for feasting, and not just on turkey and ham—like nasty little cockroaches and termites, scammers come out of the woodwork during the holiday season in hopes of...
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With the tumultuous GPU market of the last several years, gamers are absolutely in need of some great sale prices. Be wary, however - there's an enemy in our midst. Along with various legitimate sales, we often find a plethora of scams crowded in listings. The old adage rings true here: if it sounds too good to be...
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The US Department of Education is currently preparing to forgive up to $20,000 per person in federal student loan debt. While there are multiple outstanding legal challenges to the executive order that authorizes this plan, those with student loans can already apply for debt relief on the official Federal Student Aid...
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Cryptocurrency scams are quite common these days, likely due, at least in part, to the perception that cryptocurrency is an easily accessible investment vehicle. Just last week, the Security and Exchange Commission (SEC) announced that it is almost doubling the size of its Crypto Assests and Cyber Unit in the hopes of...
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As the popularity of cryptocurrency continues to rise, so do the scams that attempt to steal your currency. The ShibArmy were made aware of one particular scheme yesterday targeting their crypto wallets.
Scammers have been targeting the cryptocurrency market for a while now. But it seems that some have turned their...
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As ransomware and cybercrime are constantly making the headlines these days in traditional electronic mediums, Zelle banking users are also finding themselves being targeted by scammers. Worse yet, in the wake of having funds stolen from bank accounts, victims are finding little to no help from their banking...
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Buyer beware, it has come to our attention that there are several websites advertised on Facebook that are scamming people into paying for merchandise that they will never receive. These scams appear to have started to show up about a month ago on Facebook, and there have been hundreds of comments from people...
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The Web isn’t difficult to navigate if you bring along some common sense and a healthy dose of skepticism, but those traits are sometimes in short supply among stock traders. Lately, would-be moguls are falling victim to scammers who are trying to influence the market with social media accounts that are designed...
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There's a new growing menace in the world, something becoming known as ebook fraud. It comes in two forms, says security guru Bruce Schneier: books quickly created from automatically gathered content crawled from the Web, and books generated from stealing legit printed books, scanned and sold by someone that doesn't own the copyright. The...
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