Shocking Fraud Losses: 2023 Statistics
The Federal Trade Commission (FTC) released its annual fraud statistics for the last year and the numbers are shocking
Elderly People Lost Unbelievable $3.1 Billion in Scams in 2022
Elder fraud is on the rise and has an alarming prevalence and devastating impact on victims and their families. What to do if you were scammed.
Artificial Intelligence is a Criminal’s Best Friend
Experts are ringing the alarm bells about the risks of artificial intelligence ending in the hands of criminals. The lack of security measures and safety guardrails led to a boom in AI scams, malware spread, and misinformation.
Grandparent Scams Go High-Tech With AI Voices and Deepfakes
“Grandparent” scams are getting a new dangerous makeover with AI-generated voices. One of the most profitable scams just became more lucrative.
Cyber Slaves: How Criminal Syndicates Make People to Commit Fraud
Organized criminal groups in Asia coerced thousands into scamming others
iCloud Loan Scam: A New Threat to Asia
An ongoing scam in Vietnam makes victims to borrow money using their iCloud and iPhone as a collateral
New Brazen Pump-and-Dump Scheme Uncovered
What is Pump-and-Dump Fraud and How to Recognize It. Latest on the Fraud Blog