European police bust major online investment fraud ring

The operation was carried out against an organized group that used online trading platforms to swindle victims out of US$36 million. Europol and several national law enforcement agencies have teamed up to take down an investment fraud and money laundering ring that caused losses of approximately €30 million (US$36 million) to hundreds of victims, according … More European police bust major online investment fraud ring

4 common ways scammers use celebrity names to lure victims

All that glitters is not gold – look out for fake celebrity endorsements and other con jobs that aren’t going out of fashion any time soon. Online scams are one of the favorite ways criminals like to swindle unsuspecting victims out of their hard-earned money. And since variety is the spice of life, con artists … More 4 common ways scammers use celebrity names to lure victims

WhatsApp Pink: Watch out for this fake update

The malware sends automated replies to messages on WhatsApp and other major chat apps. Android users should be wary of messages that are being circulated on WhatsApp and other major messaging platforms and promise to provide a new color theme for WhatsApp. Disguised as an official update for the platform, the “WhatsApp Pink” theme is … More WhatsApp Pink: Watch out for this fake update

Warning issued over scams touting fake COVID‑19 vaccines, asking for Bitcoin

Money doesn’t buy you happiness – cryptocurrency doesn’t buy you a genuine COVID-19 vaccine. Interpol and the United States’ Homeland Security Investigations (HSI) have joined the chorus of warnings about online campaigns peddling bogus COVID-19 vaccines as cybercriminals are increasingly attempting to exploit nations’ vaccination programs. “With criminal groups producing, distributing, and selling fake vaccines, the risks to … More Warning issued over scams touting fake COVID‑19 vaccines, asking for Bitcoin

PayPal fraud: What merchants should know

From overpayment to shipping scams, what are some of the most common threats that merchants using PayPal should watch out for? With a total payment volume of US$247 billion, PayPal remains one of the more popular online payment providers among major brands and a variety of smaller businesses and vendors. Indeed, the payment giant boasts 28 million … More PayPal fraud: What merchants should know