Scammers exploit Ramadan: Surge in fraudulent Crypto giveaways, fake charities, says report
1 week, 1 day ago

Scammers exploit Ramadan: Surge in fraudulent Crypto giveaways, fake charities, says report

Live Mint  

Cybercriminals are on the prowl as Muslims observe fasting during Ramadan, with an alarming rise in cryptocurrency and e-commerce scams, according to the latest report. Cybercriminals are leveraging religious sentiments to trick unsuspecting donors and investors into fraudulent schemes, draining digital wallets, and stealing sensitive financial information,” the report by CloudSEK, an AI-driven cybersecurity firm, said. Here are the key findings of the report: Fake Ramadan Crypto Giveaways: Fraudulent websites are enticing users with the promise of free cryptocurrency in exchange for connecting their wallets, ultimately leading to fund theft through malicious smart contracts. Fake Mobile Data Giveaways: Over 50 newly registered domains with “.top” and “.xyz” TLDs have been associated with fraudulent Ramadan data giveaway campaigns, primarily targeting telecom users in the Philippines and the Middle East. The sheer volume of fraudulent crypto projects, fake charities, and deceptive e-commerce operations detected this Ramadan highlights a deeply concerning trend.

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History of this topic

Scammers steal $2 million in cryptocurrency from remote work seekers in New York, Florida
2 months, 1 week ago

Scammers steal $2 million in cryptocurrency from remote work seekers in New York, Florida

India Today  

Scammers stole millions of dollars in cryptocurrency from remote job seekers in an elaborate scheme. New York Attorney General Letitia James has filed a lawsuit to recover over $2 million that she said was stolen from New Yorkers and others nationwide. Scammers used unsolicited text messages to lure victims with promises of flexible, well-paying remote work opportunities. James’ office, working …

Fraud Alert: Beware of links on New Year wishes, Discounts on E-Commerce Sites
2 months, 3 weeks ago

Fraud Alert: Beware of links on New Year wishes, Discounts on E-Commerce Sites

Deccan Chronicle  

Cybercriminals are exploiting the festive spirit of the New Year to carry out scams turning good wishes and seasonal offers into opportunities for fraud. As the New Year approaches, fraudsters are sending fake links disguised as New Year greetings, discount coupons, offers, and event passes. Event passes from various organizations are also being sent, with promises of discounted tickets if …

The 12 scams of Christmas to watch out for: From sites selling fake cashmere, knock-off beauty advent calendars and Cadbury 'free gift' cons
3 months ago

The 12 scams of Christmas to watch out for: From sites selling fake cashmere, knock-off beauty advent calendars and Cadbury 'free gift' cons

Daily Mail  

* Have you lost money in a scam? Phone call from 'bank's fraud team' requesting a code A former BBC journalist revealed how she felt 'pretty embarrassed' after falling for a telephone scam which left hackers emptying her bank accounts. Ms Dewhurst said then said that got a phone call from who she thought was her bank's fraud team, but …

Meta cracks down on ‘pig butchering’ scams, claims to have removed over 2 million accounts
3 months, 3 weeks ago

Meta cracks down on ‘pig butchering’ scams, claims to have removed over 2 million accounts

Firstpost  

Pg butchering scams involves fraudsters tricking victims — often found on social media or dating platforms — into fake cryptocurrency investments or financial schemes. Such scams have siphoned off more than $75 billion globally since 2020 Meta has been actively tracking the criminal networks behind pig butchering scams for the past two years, noting their increasing global spread. Described as …

India saw massive increase in online scams during festive shopping season, finds survey
4 months ago

India saw massive increase in online scams during festive shopping season, finds survey

Firstpost  

With more Indians turning to online shopping around the festivities, online scammers are having a field day. Thanks to deepfakes and sophisticated phishing attacks, Diwali 2024 saw a massive uptick in online scams, as per McAfee’s Global Festive Shopping Survey 2024 Online platforms were popular for their convenience and attractive discounts, but these benefits came at a risk. Diwali 2024 …

Police’s fake webshop set up to warn of Black Friday fraud gets thousands of hits
Trending News
4 months ago

Police’s fake webshop set up to warn of Black Friday fraud gets thousands of hits

NL Times  

The Dutch National Internet Fraud Reporting Point has launched a fake online store called pakjedealsnu.nl to educate the public about the dangers of online shopping scams. The LIMO's educational initiative aims to shed light on how fraudulent websites operate, helping consumers recognize and avoid Black Friday scams. On the surface, the website,pakjedealsnu.nl, appears to be a trustworthy store, featuring enticing …

The 6 Biggest Holiday Scams That Get Millions Of People Every Year
1 year, 3 months ago

The 6 Biggest Holiday Scams That Get Millions Of People Every Year

Huff Post  

NoSystem images via Getty Images It's all too easy to be fooled by that too-good-to-be-true gift. “A lot of times with charity frauds, victims don’t know that they’re actually a victim,” said Amy Nofziger, the director of victim support for the AARP Fraud Watch Network. Because imposters often make fraudulent airline websites, Nofziger said you should also be wary of …

Fake Flipkart, Amazon websites targeting Diwali shoppers, warns cyber researchers
1 year, 4 months ago

Fake Flipkart, Amazon websites targeting Diwali shoppers, warns cyber researchers

India Today  

As the Diwali festivities light up, there's a dark side lurking online. CloudSEK's cyber researchers have unearthed a surge in sneaky online scams preying on the festive cheer. These shady schemes are hitting Diwali shoppers hard, especially on popular platforms like Flipkart and Amazon. Cybercriminals love Diwali because it's the perfect time to lure unsuspecting users with fake gambling sites. …

Cybersecurity: Online scams pay off as chance of being caught is barely 1 percent
1 year, 10 months ago

Cybersecurity: Online scams pay off as chance of being caught is barely 1 percent

NL Times  

People who have fallen into a fraud trap when buying clothes or items on trading portals on the internet cannot easily expect to find the culprits. That's because a suspect is caught in only about 1 percent of fraud cases, according to an analysis by RTL Nieuws based on figures from the Dutch Statistics Office and the police. This means …

Hackers using fake e-commerce websites to lure people. How to spot fraud?
1 year, 11 months ago

Hackers using fake e-commerce websites to lure people. How to spot fraud?

Hindustan Times  

The Uttar Pradesh Police have apprehended a cyber gang which allegedly created fake e-commerce websites to lure people into fake discounts and deals. Scammers frequently use fake e-commerce websites to dupe customers. "On April 3, the cyber helpline team of Gautam Buddh Nagar police arrested the six members of the gang which created fraudulent websites in the name of companies …

Chinese websites stealing sensitive information from Indian users with free Diwali gifts scam: Here is how you can stay safe
2 years, 5 months ago

Chinese websites stealing sensitive information from Indian users with free Diwali gifts scam: Here is how you can stay safe

India Today  

Diwali is just around the corner and many cyber attackers are making full use of the opportunity to dupe users with free Diwali gift scams. It has been reported that a few Chinese websites are sending phishing links to users promising free Diwali gifts. However, the links are being sent with a nefarious intention of stealing users' personal information like …

crypto scam india investors likely lost rs 1000 crore to fake exchanges cloudsek
2 years, 9 months ago

crypto scam india investors likely lost rs 1000 crore to fake exchanges cloudsek

ABP News  

New Delhi: Fake cryptocurrency exchanges have duped Indian investors of more than $128 million as the global crypto market tanks, a new report claimed on Tuesday. "We estimate that threat actors have defrauded victims of up to $128 million via such crypto scams," said Rahul Sasi, Founder and CEO of CloudSEK. Threat actors first create fake domains that impersonate legitimate …

Black Friday 2021: Shopping scams to look out for
3 years, 3 months ago

Black Friday 2021: Shopping scams to look out for

The Independent  

Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more SIGN UP I would like to be emailed about …

Cryptocurrency scams are rising - here’s how to avoid them
3 years, 4 months ago

Cryptocurrency scams are rising - here’s how to avoid them

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. If you …

Column: Scams can turn holiday glee to gloom
8 years, 3 months ago

Column: Scams can turn holiday glee to gloom

LA Times  

The Tuesday following Thanksgiving is known as Giving Tuesday. As the Black Friday shopping spree spilled over into Cyber Monday, the FBI warned consumers to watch out for “increasingly aggressive and creative scams” that will make your holidays considerably less merry and bright. But in a report titled ’Tis the Season for Holiday Scams, the FBI said Monday that fraudsters …

Charity Commission hails 'sheer scale' of fundraising by British Muslims during Ramadan
8 years, 7 months ago

Charity Commission hails 'sheer scale' of fundraising by British Muslims during Ramadan

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. During the holy month of …

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