Latest scam News

Tech 28 November 2019

2019 saw scammers and fraudsters steal over $4 billion in crypto

While several billion dollars’ worth of cryptocurrency has been lost to thievery this year, that's still far less than the amount scammed in fiat.

Business 28 November 2019

The scam ads are using the face of Ho Ching, the CEO of $230B state investor Temasek to trick investors.

Business 20 November 2019

The gov’t believes that the CFTC’s case could interfere with a parallel criminal case against the founder of Volantis Market Making

Business 19 November 2019

Roger Nils-Jonas Karlsson defrauded over 3,500 investors, promising 1.15kg of gold for just $98 in crypto investment

Business 14 November 2019

Coinup promised its investors of guaranteed returns, but ended up defrauding them of $386 million.

Business 12 November 2019

The founder of Komodore64 is said to have raised $86M, but he never paid his suppliers or employees, and the company is now bankrupt.

Business 11 November 2019

The Facebook scam uses the image of Sir Alex Ferguson, assuring its investors of guaranteed returns for a small initial investment.

Business 7 November 2019

The accused misled multiple people to invest in IGOBIT believing the money was being used for international development.

Business 1 November 2019

The man lived a lavish lifestyle, but it was a front for his scam games, including a fake crypto he called the Bitcoin of the Middle East.

Business 30 October 2019

The company has a day to pay back $250K to two aggrieved investors.

Business 29 October 2019

A scam website that impersonates Electrum SV is out to steal your crypto.

Business 22 October 2019

Isaac Austin, who played for Clippers and Wizards, is alleged to have swindled the Ghanaian investors under the guise of crypto trading.