Latest fraud News

Business 8 July 2020

CFTC seeks default judgment against Control-Finance fraud scheme

The CFTC plans to move for a default judgment after securing a Certificate of Default against Reynolds, and a Notice of Voluntary Dismissal.

Business 5 July 2020

Investing in digital currency remains illegal in Vietnam, and those who encourage people to invest in schemes are considered offenders.

Business 4 July 2020

The regulator flagged three firms, Forsage, RCashOnline and The Saint John of Jerusalem Knights of Malta Foundation of the Philippines, Inc.

Business 3 July 2020

The exchange, also operating under Cryptopoint and XtraderFX, solicited investment online through ads on social media platforms.

Business 29 June 2020

The SEC is pressing charges including money laundering, wire fraud, and aiding and abetting in an unregistered digital securities sale.

Business 23 June 2020

Threat from fraud is most acute in digital currency and forex markets, where people were unwittingly falling for scams.

Business 22 June 2020

The dubious digital currency trading program claims to have the backing of celebrities, entrepreneurs and government officials.

Business 17 June 2020

The scammers streamed a pre-recorded video of the Sony PlayStation 5 reveal event to lure in unsuspecting individuals.

Business 16 June 2020

Idoneus is right to tokenize fine art, but they don’t need their own token or platform to facilitate such luxury transactions.

Business 16 June 2020

The digital currency exchange’s downfall ‘resulted from fraud’ committed by CEO Gerald Cotton, according to Ontario regulator.

Business 12 June 2020

The South African scheme has been the subject of investor fury after CEO and owner Willie Breedt vanished owing millions to investors.

Business 5 June 2020

The blockchain analytics firm takes a look at data related to digital currency crime and money laundering from January to May 2020.