Stories tagged “Fraud.”
30 stories
A Delhi businessman, Mohit Gogia, allegedly used forged documents and fake bank deals to target wealthy property buyers, selling luxury properties like No. 9, Amrita Shergill Marg and DLF Camellias in Gurgaon for around Rs 200 crore.
Brazil's central bank will implement new rules requiring virtual asset service providers (VASPs) to hold certain crypto transfers for up to 24 hours to combat fraud, effective January 1, 2027. This applies to transactions over $10,000 to foreign platforms or self-custody …
Scammers are exploiting the release of 'The Odyssey' by creating fake streaming sites that harvest bank details and infect computers with malware. Kaspersky and BeStreamWise are warning consumers.
Three people were arrested for running a scheme that compromised Singpass accounts of work permit holders by offering cash in exchange for access. The stolen accounts were used to open over 30 LiquidPay accounts and 1,200 phone lines without the victims' knowledge.
A man was sentenced to jail for cheating 11 victims of S$3.79 million by pretending to sell surgical gloves, surgical face masks, and hand sanitizer throughout the COVID-19 pandemic. He lied to his clients that he was an authorized distributor of 3M surgical face masks an…
Businessman Gbenga Collins informed a House of Representatives committee that he paid N400 million to Adeniyi Adeyemi, who posed as the DG of a fake government agency, PFIPC, for a renovation contract.
The Nigerian House of Representatives Ad-hoc Committee will interrogate Prince Adeniyi Adeyemi, the alleged Director-General of a purported Presidential Foreign Investment Promotion Council, while he remains in police custody at an undisclosed location.
A Metro Bank customer lost over £14,000 to a fraud involving the AI chatbot Claude, despite alerting the bank to suspicious activity. The bank initially failed to fully freeze his account, allowing further transactions.
Colombia's outgoing president, Gustavo Petro, has repeated allegations that June's presidential election was rigged, rejecting the legitimacy of his right-wing successor, Abelardo de la Espriella.
Jigawa State Police Command has arrested several suspects involved in various fraud cases totaling over N22 million, including online scams, breach of trust, and ATM card fraud, while also recovering a rifle in a separate violent crime incident.
A Hong Kong fertility clinic employee is suspected of lying to conceal an embryo specimen mix-up, subsequently fleeing the city for Malaysia and resigning from her job.
RFK Jr. and Oz claim that the Trump administration's fraud control efforts led to a drop in ACA enrollment, but experts say rising costs are the real reason.
Nigeria's Real Estate Developers Association (REDAN) attributes widespread fraud, multiple land sales, and building collapses to the absence of a regulatory framework for developers.
Minnesota crypto ATM ban takes effect after reported $1M losses from scams.
A new report from Imperial College and Emlyon Business School has mapped out the ways Silicon Valley's VC-backed founders commit fraud and the role investors play.
Singaporean victims have lost at least $983,000 across 254 cases since January to lucky draw scams, where they are tricked into paying various "fees" to claim non-existent prizes.
A former Singapore Armed Forces (SAF) captain, Benjamin Song Yong Pang, was jailed for 21 months and two weeks and fined S$6,000 for cheating five colleagues of nearly S$87,000 and multiple vaping offenses. He has since made full restitution to his victims.
Cybersecurity researchers have disclosed details of a large-scale fraud campaign that involves creating lookalike websites of major Russian companies with an aim to siphon funds from international firms for more than nine years.
A former Nasa scientist who defrauded over 100 investors out of £1m will have to pay back £655,951.40. John Burford, 86, was sentenced to two years in prison in 2025 for his crimes.
Criminals are using convincing fake Spotify emails to direct users to cloned websites, stealing login, personal, and payment details for fraudulent online purchases.
The National Fraternal Order of Police has thrown its support behind the Clarity Act, a crypto market structure bill aimed at setting in stone digital asset regulation. The latest draft of the bill bans officials and their families from issuing or promoting crypto, a sore…
A 79-year-old man from Oberbayern has helped the police catch scammers for the fourth time. He received a call from an unknown person claiming to be his son, who had been in a fatal car accident and needed 80,000 euros in bail. The man played along, and the police were ab…
Meta has launched a new Facebook Verified badge to help human users interact with other humans. The badge is based on facial recognition and is free to use.
A Polymarket account in the name of George Cottrell, a convicted fraudster who has bankrolled Nigel Farage, took in $8.8 million in cryptocurrency from unidentified sources in 2024. The account staked the money on Donald Trump winning the U.S. election, booked $4.46 milli…
A 45-year-old Nigerian, Okeoghene Patrick Udugba, has been indicted by a federal grand jury in the United States on charges of money laundering and conspiracy to commit wire and mail fraud. He is accused of orchestrating romance scams and business email compromise schemes…
U.S. prosecutors have seized more than $25 million in cryptocurrency linked to international fraud schemes that targeted victims across the U.S. and Canada.
Court orders EFCC to arrest Abuja realtor for skipping hearing in land fraud trial
An Abuja Federal High Court has ordered the Economic and Financial Crimes Commission (EFCC) to arrest realtor Rebecca Godwin-Isaac for failing to appear in her land fraud trial. The judge issued the warrant after the defendant skipped a scheduled hearing.
Deezer, a French music streaming service, is removing AI-generated songs used for fraudulent streams. The company says it's getting nearly 90,000 fully AI-generated tracks every day, and 85% of those streams were fraudulent last year.
Pakistan's Federal Investigation Agency has established a dedicated investigative unit to probe cases involving cybercrime and financial fraud linked to cryptocurrency.
The SEC alleges Mining Automatic and its founder, Zan Shaikh, raised $22 million from investors by promising guaranteed crypto mining returns while spending only a fraction of the funds on mining operations.