Scam
US charges two over laundering $43 million from investment fraud
U.S. prosecutors on Thursday charged a New York man and woman for their roles in a large-scale crime ring that laundered money stolen in cyber investment fraud scams. 27-year-old Zhuoying Chen and 38-year-old Haojie Zhang allegedly managed a network of over a dozen people based in Queens and Brooklyn between 2020 and 2022. Chen and […]
UK charges suspects linked to Russian Coms call spoofing platform
UK authorities charged five people following a National Crime Agency (NCA) investigation into Russian Coms, a major caller ID spoofing platform used by criminals to make over 1.8 million scam calls. The five people charged are 28-year-old Ayoub Sehailia, 30-year-old Zakkaria Sehailia, 30-year-old Usman Din, 29-year-old Denis Ozmus, and 53-year-old Fadila Salem, 53, all from […]
Police arrests 5,800 suspects in global anti-fraud crackdown
Law enforcement agencies have arrested 5,811 suspects and seized $293 million in illicit assets in a global anti-fraud operation spanning 97 countries. Dubbed “Operation First Light 2026,” this joint action has targeted social engineering fraud (including business email compromise, sextortion, impersonation, romance, and investment scams) and money laundering activities between January 15 and April 30. […]
Order-tracking app Shop abused to push callback phishing attacks
Threat actors are increasingly abusing Shop, the order-tracking app from Shopify, by adding fake purchase receipts in users’ order histories to trick them into providing sensitive data or installing remote access software. The Shop digital shopping assistant serves as a centralized platform where users can track orders from multiple online retailers, access receipts and shipping […]
FTC warns of record $3.5 billion losses to imposter scams in 2025
The U.S. Federal Trade Commission (FTC) warned that Americans lost $3.5 billion to imposter scams in 2025, with reported losses nearly tripling since 2020. Imposter scams were also the most reported fraud category last year, accounting for nearly one in three fraud reports filed with the FTC. In these scams, the fraudsters reach victims through […]
FBI: Fraudsters use couriers to steal money in crypto scams
The U.S. Federal Bureau of Investigation (FBI) warned that criminals are using couriers to collect money from victims of cryptocurrency investment scams, also known as pig butchering or romance baiting. Such scams usually start with the fraudsters reaching out to their targets via social media, dating sites, and messaging apps, building trust, and then luring victims into fake […]
Google adds Android protection against AI deepfake scam calls
Google is introducing a new Android security feature that will detect and flag phone calls in which scammers use artificial intelligence to impersonate a user’s personal contacts. Called “fake call detection,” the feature is rolling out globally this month to Android 12 and later devices, starting with Pixel devices, and will be enabled by default. Once activated, it works […]
FBI warns of fake FIFA websites running World Cup fraud schemes
The FBI is warning of fake websites impersonating FIFA ahead of the 2026 World Cup, to steal personal and financial information, sell fake tickets and hospitality packages, and push other fraud related to the event. With the international soccer tournament set between June 11 and July 19 in the United States, Canada, and Mexico, threat […]
FBI: Americans lost over $388 million to scams using crypto ATMs in 2025
The FBI says Americans have lost over $388 million last year to scams using cryptocurrency kiosks, also known as crypto ATMs or Bitcoin ATMs. Cryptocurrency kiosks are physical, standalone electronic terminals (which may or may not require identity verification to prevent money laundering) that resemble bank ATMs and allow users to buy or sell crypto […]
Android 17 to expand banking scam call and privacy protections
Android 17, expected to roll out next month, will introduce several security and privacy features focused on device theft, threat detection, and banking scam calls. Google will be expanding protections against scammers spoofing caller IDs to impersonate financial institutions and trick users into transferring money or revealing account-related information. Android will work with banking apps to detect […]