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A Ponzi scheme is a fraudulent investment scheme that promises high returns to investors using the money from new investors, rather than from legitimate profits. The scam is named after Charles Ponzi, who became infamous for his large-scale scam in the early 20th...

Forex trading scams are a type of investment fraud that involves the victim being convinced to invest in the foreign currency exchange market. The scammer typically claims to be an expert in forex trading and guarantees substantial returns on the victim's investment....

Members of the Ministry of Interior, High-Tech Crime Department, and Department for Suppression of High-Tech Crime in cooperation with the Special Prosecution for High-Tech Crime have started the second part of the international operation "Infiniti" regarding complex...

Fake debt scams are a type of fraud in which scammers contact individuals, typically through phone calls or emails, and attempt to convince them that they owe a debt. The scammers may provide false information, such as claiming to represent a legitimate company or...

Fake celebrity endorsement scams refer to fraudulent schemes in which individuals impersonate or falsely claim to be a well-known celebrity in order to promote a product or service, or to scam people out of their money. These scams can take many forms, such as social...

Investigation reveals more than 150 fake firms, many with ties to China, are targeting people online, breaking their hearts – and emptying their bank accounts Since it came to prominence in 2021, the fraud – which involves scammers grooming their victims before...

Fraudulent individuals may entice investors by claiming to offer a profitable cryptocurrency trading platform, sometimes even offering additional bitcoin as an incentive. However, these promises are false and the investor may not realize they have been deceived until...

On November 13, the European Union Agency for Law Enforcement Cooperation (Europol) announced that it had successfully cracked down on a criminal network engaged in online scams through call centers. The network was spread all around Europe. According to Europol, the...

A U.S. bankruptcy judge ruled on Wednesday that Celsius Network owns most of the cryptocurrency that customers deposited into its online platform, meaning most Celsius customers will be last in line for repayment in the crypto lender's bankruptcy. The ruling by U.S....