24 Mar, 2025

US govt says Americans lost record $12.5 billion to fraud in 2024

The U.S. Federal Trade Commission (FTC) said today that Americans lost a record $12.5 billion to fraud last year, a 25% increase over the previous year. Consumers reported that investment scams resulted in the highest losses, totaling around $5.7 billion with a median loss of over $9,000 and exceeding all other fraud categories. The second […]

2 mins read

FTC will send $25.5 million to victims of tech support scams

​Later this week, the Federal Trade Commission (FTC) will start distributing over $25.5 million in refunds to those misled by tech support companies Restoro and Reimage’s scare tactics. The FTC will send 736,375 PayPal payments starting March 13 to consumers tricked into paying for unnecessary computer repair services. Between now and March 13, those eligible […]

3 mins read

YouTubers extorted via copyright strikes to spread malware

Cybercriminals are sending bogus copyright claims to YouTubers to coerce them into promoting malware and cryptocurrency miners on their videos. The threat actors take advantage of the popularity of Windows Packet Divert (WPD) tools that are increasingly used in Russia as they help users bypass internet censorship and government-imposed restrictions on websites and online services. YouTube […]

3 mins read

Fake BianLian ransom notes mailed to US CEOs in postal mail scam

Scammers are impersonating the BianLian ransomware gang in fake ransom notes sent to US companies via snail mail through the United States Postal Service. The fake ransom notes were first reported by Guidepoint Security today, with GeekFeed later being sent a scan of the note from a CEO who received the same letter. The envelopes for these […]

4 mins read

Google expands Android AI scam detection to more Pixel devices

Google has announced an increased rollout of new AI-powered scam detection features on Android to help protect users from increasingly sophisticated phone and text social engineering scams. The tech giant says these features come in response to AI-assisted scam campaigns that, according to statistics from the Global Anti-Scam Alliance, have defrauded people of over $1 […]

4 mins read

GrassCall malware campaign drains crypto wallets via fake job interviews

A recent social engineering campaign targeted job seekers in the Web3 space with fake job interviews through a malicious “GrassCall” meeting app that installs information-stealing malware to steal cryptocurrency wallets. Hundreds of people have been impacted by the scam, with some reporting having their wallets drained in the attacks. A Telegram group has been created to discuss […]

5 mins read

Beware: PayPal “New Address” feature abused to send phishing emails

An ongoing PayPal email scam exploits the platform’s address settings to send fake purchase notifications, tricking users into granting remote access to scammers For the past month, GeekFeed and others [1, 2] have received emails from PayPal stating, “You added a new address. This is just a quick confirmation that you added an address in your PayPal […]

6 mins read

Fake CS2 tournament streams used to steal crypto, Steam accounts

Threat actors are exploiting major Counter-Strike 2 (CS2) competitions, like IEM Katowice 2025 and PGL Cluj-Napoca 2025, to defraud gamers and steal their Steam accounts and cryptocurrency. Although CS2 first launched 13 years ago, it still maintains a massive community of plays and an active professional competition landscape with multi-million rewards. Characteristically, earlier this month, […]

2 mins read

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 […]

2 mins read