Investor
CIRO confirms data breach exposed info on 750,000 Canadian investors
The Canadian Investment Regulatory Organization (CIRO) confirmed that the data breach it suffered last year impacts about 750,000 Canadian investors. The organization disclosed the incident on August 18, but completed an extensive forensic investigation this year, on January 14. CIRO is Canada’s national self-regulatory body for investment dealers, mutual fund dealers, and trading activity. It […]
Five plead guilty to laundering $36 million stolen in investment scams
Five men from China, the United States, and Turkey pleaded guilty to their involvement in an international crime ring and laundering nearly $37 million stolen from U.S. victims in cryptocurrency investment scams carried out from Cambodia. Accomplices living abroad reached out to targets in the United States via unsolicited social media, phone calls, text messages, […]
VC giant Insight Partners confirms investor data stolen in breach
Venture capital firm Insight Partners has confirmed that sensitive data for employees and limited partners was stolen in a January 2025 cyberattack. Insight Partners is a prominent global venture capital and private equity firm specializing in high-growth technology, software, and internet companies, managing over $90 billion in regulatory assets. The company has significant investments in […]
California man steals $50 million using fake investment sites, gets 7 years
A 59-year-old man from Irvine, California, was sentenced to 87 months in prison for his involvement in an investor fraud ring that stole $50 million between 2012 and October 2020. Allen Giltman and other fraudsters used over 150 fraudulent sites impersonating financial institutions that advertised various investment opportunities (primarily certificates of deposit with higher than […]