Before investing in crypto, check out California’s new scam tracker
1 year, 10 months ago

Before investing in crypto, check out California’s new scam tracker

LA Times  

Bitcoin is just one of the cryptocurrencies that have lost a significant amount of value since early 2022. Launched Thursday, the DFPI’s Crypto Scam Tracker is a searchable collection of the complaints the agency has collected about crypto offers that now seem too good to be true. Second, you can search for keywords that appear in the pitch you’re considering, such as “forex” if the offer involves foreign currency trades or “deposit” if the business wants you to deposit a certain amount. “When companies or websites have look- or sound-alike names, the potential confusion created for consumers is real.” Here’s one example of a complaint from the Scam Tracker, citing the site coinbasetv.com — a play on Coinbase, a top crypto exchange. Bear in mind that the agency hasn’t verified the complaint: “The victim met ‘Chris Martin’ on the Facebook Dating app.

Scams Crypto Victim Scam California Website Site Californians Chris Coinbase  scam  website  crypto  complaints  tracker  money  investing  websites  californias  victim  agency  scams  site  check

History of this topic

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

Protecting Your Funds From Online Scamsters: Strategies For Avoiding Fintech Scam Schemes
1 month, 3 weeks ago

Protecting Your Funds From Online Scamsters: Strategies For Avoiding Fintech Scam Schemes

ABP News  

By Amjad Raza Khan The term "FinTech" emerged in the 1990s when Citicorp, now known as Citigroup, initiated the Financial Services Technology Consortium, aiming to bridge the gap between banking institutions and tech companies to explore the potential of emerging technologies in finance. From phishing schemes to identity theft, fintech scams have become a major threat, highlighting the need for …

Big bucks and bad behaviour: Dispatches from the Wild West of crypto
6 months, 1 week ago

Big bucks and bad behaviour: Dispatches from the Wild West of crypto

The Telegraph  

There’s another cryptocurrency called Wenlambo, launched in 2021. ‘On Twitter/X there were a lot of people trying to hype up the next thing you could invest in, and people were going for whatever the next hype was without much information,’ says the UK-based former chief operating officer at Outlier Ventures, a Web3 accelerator that supports blockchain projects. ‘ “Can I …

Scammers are targeting Trump supporters after Republican announced he’d take crypto donations
6 months, 3 weeks ago

Scammers are targeting Trump supporters after Republican announced he’d take crypto donations

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email 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. Please try again later {{ /verifyErrors }} Scammers …

How to stay safe from cyber fraud? Here are simple tips
1 year, 3 months ago

How to stay safe from cyber fraud? Here are simple tips

Live Mint  

While digital payments are convenient, they are also vulnerable to financial fraud, as the proverb goes: "Where money is concerned, scams always follow!" This improvement, however, throws a shadow: the rise of cyber fraud targeting investing platforms. As the wave of cyber fraud targets investment platforms, it is imperative for investors to arm themselves with knowledge and employ cautious behaviour. …

Investment scams are everywhere on social media. Here’s how to spot one
1 year, 4 months ago

Investment scams are everywhere on social media. Here’s how to spot one

Associated Press  

NEW YORK — Social media is full of scammers promising guaranteed returns on investment, and consumers lost billions of dollars to them last year. Because someone may be spoofing them.” Offers also tend to come with time pressure: “Make big money fast!” “Once-in-a-lifetime offer, gone tomorrow!” Or elaborate steps that require infusions of more money at each stage, such as …

Cryptocurrency scam warning issued by ombudsman service
2 years, 4 months ago

Cryptocurrency scam warning issued by ombudsman service

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. We are …

Cryptocurrency scam losses are rising - fuelled by social media
3 years, 2 months ago

Cryptocurrency scam losses are rising - fuelled by social media

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. Read our …

Nearly a fifth of retirees say they have fallen for a financial scam – survey
3 years, 3 months ago

Nearly a fifth of retirees say they have fallen for a financial scam – survey

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 Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Legitimate-looking websites, promises of high returns and trustworthy-sounding telephone …

Australians lost nearly half a billion dollars to scammers in 2018, says ACCC
5 years, 8 months ago

Australians lost nearly half a billion dollars to scammers in 2018, says ACCC

ABC  

Australians lost nearly half a billion dollars to scammers in 2018, but that figure is just "the tip of the iceberg", the consumer watchdog has warned. Key points: Number of ATO impersonator scams surged 900pc last year Investment scams resulted in $86m worth of losses to consumers Fraudsters earned at least $60.5m from dating and romance scams Consumers were cheated …

Discover Related