You answer a random call from a family member, and they breathlessly explain how there’s been a horrible car accident. They need you to send money right now, or they’ll go to jail. You can hear the desperation in their voice as they plead for an immediate cash transfer. While it sure sounds like them, … Read more
Pig-butchering scammers have likely stolen more than $75 billion from victims around the world, far more than previously estimated, according to a new study. John Griffin, a finance professor at the University of Texas at Austin, and graduate student Kevin Mei gathered crypto addresses from more than 4,000 victims of the fraud, which has exploded … Read more
TEHRAN, Iran — With flashy celebrity ads and promises of deep discounts, a shop in Iran’s capital had offered consumers in the Islamic Republic one of the hottest products in the country — an iPhone that came out in 2021. But instead of getting their hands on the handsets, police and prosecutors in Iran allege … Read more
NFT scams are not all that unusual on Elon Musk’s X. Neither are high-profile accounts on X, formerly known as Twitter, getting hacked. However, it’s not everyday that an ESPN reporter with millions of followers gets hacked by a scammer looking to trick users of arguably the most mainstream NFT project into giving them access … Read more
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People who still use NBA Top Shot were the primary targets of a scam tweet posted to ESPN reporter Adrian Wojnarowski’s account on X Saturday evening at about 6:30PM ET. The tweet referred to NBA Top Shot as a “popular” NFT platform, despite the fact that current activity levels are a tiny fraction of what … Read more
Ayo Edebiri‘s past comments about Jennifer Lopez are coming to light ahead of their Saturday Night Live appearance. The 28-year-old The Bear star and the 54-year-old singer and actress will serve as the host and musical guest on the February 3 episode of the NBC late night show. If you didn’t know, back in 2020, … Read more
The U.S. District Court for the Eastern District of New York stands in the Brooklyn borough of New York City on Jan. 18, 2019. Drew Angerer | Getty Images Federal prosecutors on Friday announced charges against a German businessman, alleging he scammed investors out of more than $150 million in a crypto fraud scheme. Prosecutors … Read more
Deepfakes, technology to face-swap images, have ushered in a new era of scams. In the past year, fake video of celebrities like Tom Hanks and Mr. Beast have been used to shill products they don’t actually endorse. The latest of these scams is a phony giveaway of cookware Le Creuset by deepfaked Taylor Swift and … Read more
The Big Picture Bank wire fraud schemes are becoming increasingly common, with scammers pretending to be from financial institutions. Scammers can manipulate caller ID information and send seemingly legitimate text messages to gain access to online banking accounts. Individuals should be cautious about providing sensitive information over the phone and should independently verify any suspicious … Read more
Las Vegas Review-journal | Tribune News Service | Getty Images Federal prosecutors have disrupted a so-called pig-butchering scheme that cost victims more than $80 million, the U.S. Department of Justice announced Thursday. Four men have been indicted and two arrests have been made in one of the most sweeping enforcement actions yet on a type … Read more