All news on the topic: Scams And Fraud

The offshore broker Alchemy Markets, a member of the Alchemy Group that also includes the FCA-regulated Alchemy Prime and the Vanuatu-based FXPIG, was forewarned about by the Spanish watchdog CNMV last year.

Jack Watkin, 25, claimed on social media in 2016 to own a £1.7 million fleet of expensive cars and to have access to his father’s private jet.

Do you know how to spot a dodgy site from the real deal? Find out below

A system set up to channel dollars from Iraqi oil sales to importers has been exploited by money launderers and militant groups for years. An OCCRP investigation shows how the fraud works in practice.

Innova prelaunched on the website domains “8innova.com” and “innovabackoffice.com”.

Almost a year after Trillant collapsed, owner Erich Ely has announced a “decentralized” exit-scam.

Zack Mozes promotes himself using false material and fake news releases. He establishes credibility through fabrication and lies. He claims to be an SEO Expert, innovator, and authority in digital marketing who sets standards, transforms trade, and focuses on traffic to boost online sales.

Nigerian authorities have apprehended 13 students of Usmanu Danfodio University, located in the northwestern city of Sokoto, in the latest round of raids targeting internet fraud and other cyber-related offenses.

A U.S. judge has ordered a man to pay over US$36 million for his role in a forex and digital asset fraud scheme, according to the Commodity Futures Trading Commission (CFTC).

Three men arrested in connection with a suspected scheme to sell counterfeit airbags.

The SEC has filed securities fraud charges against two Apex promoters.

Fraud is involved in around 20 percent of the world’s online sales each year, netting criminals trillions of dollars, according to a report from a national security research group.

Nearly 550,000 individuals have shared a fraudulent Instagram story claiming that if they don’t post it, Meta will ’use their information.’ This statement is misleading and part of a broader scam aiming to exploit user fears about data privacy.

To clamp down on stealing, Co-op began trailing AI theft detection technology. The company’s interim results also said it will open 120 new shops by the end of next year.

Following settlement of fraud charges related to operation of multiple MLM Ponzi schemes, monetary relief has been ordered against defendants Dan Putnam and Jean Paul Ramirez Rico.

Scandal surrounding a halted hyrdoelectric plant has seen Croatian journalists link the project to Sasa Svalina and brother-in-law Josip Heit.

That S-Group is a new giant pyramid scheme, which, after siphoning off as much money as possible from people desperate to get rich, will collapse, has been written and spoken about extensively.

A building surveyor has been jailed for swindling the National Trust out of more than £1 million through false invoices.

Jeremy Grabow is a serial scammer who has faced multiple lawsuits for his shady activities. Recently, the JayPac owner has lost a lawsuit in Arizona and had to pay hundreds of thousands as a result.

A new study by a U.S. non-profit promoting good business practices shows the number of scams and volume of money lost by victims are rising worldwide.

A former Georgian defense minister is under investigation for his alleged role in a sprawling international call center scam that duped European victims out of their savings, prosecutors said Friday.

Three men have pleaded guilty to running a website enabling criminals to circumvent banking anti-fraud checks.

Schwartz Konstantin Valerievich is a notorious white collar criminal based in Russia. He has faced multiple cases for embezzling funds from Rosenergobank.

ICIJ previously found that OneCoin’s founder Ruja Ignatova and some of her associates had bought properties worth millions in Dubai while promoting the fraudulent cryptocurrency scheme.

FCA-regulated payment institution Connectum was a notorious scam facilitator and money launderer for the fraudulent Israeli broker scene. It processed payments for the cybercrime organization of the convicted Israeli Gal Barak.