President Maduro of Venezuela who recently formalized a questionable election victory for a third term as president took drastic steps to jail members of his political opposition then declared Christmas early, by more than two and half months. Many of the Venezuelan President's critics are calling the moves by Maduro an
Tag: fraud
Scammers Impersonate Banks To Target Victims According to Authorities
Canadian police and the anti-fraud centre are warning people about a new type of scam where fraudsters contact victims claiming their account has been compromised and provide malicious instructions to access transfer funds. Police are issuing a public service announcement in the form of a warning to those who may be
American Investment Firm Was Actually a Well Orchestrated Fraud
The Securities and Exchange Commission (SEC) allege a real estate investment company operating in numerous U.S. states was actually an elaborate ponzi scheme to fund CEO's lavish lifestyle. A Georgia headquartered real estate investment company is being sued by the SEC for running a $300 Million scheme which saw investors
Securities Commission Sues Crypto Co-Founders Over Fraud Charges
The U.S. Securities and Exchange Commission (SEC) sued the cryptocurrency company NovaTech and its married co-founders. The SEC claims the duo fraudulently raised over $650 million from over 200,000 investors worldwide. Co-founders Eddy and Cynthia Petion and their global cryptocurrency firm called Novatech were accused of defrauding hundreds of thousands investors
FBI Increases Reward to $5 Million to Locate Missing CryptoCriminal
The Federal Bureau of Investigation (FBI) needs the public's help to locate a global fraudster wanted for defrauding billions from cryptocurrency investors from around the world. Ruja Igantova also known as the "CryptoQueen" is wanted by the FBI for a range of fraudulent crimes she orchestrated. Crimes such as: conspiracy to commit
24 Year Old Indian Disguises himself as Senior to Board Air Canada Flight
A 24-year-old Indian man with ties to global human trafficking disguised himself as a senior citizen and attempted to board a Canadian-bound flight. The man's youthful persona gave him away to authorities. Officials at the Indira Gandhi International Airport detained "Guru Sewak Singh" after they noticed multiple discrepancies in his
Special Crown Prosecutor Team Involved in UK’s Largest Bitcoin Seizure Ever
An ex-takeaway worker has been convicted of money laundering with the proceeds going to expensive Jewellery, Dubai properties, and a multi-million pound house in an affluent part of North London. Jian Wen, 42, who was once a Chinese Restaurant take-out worker was found guilty at Southwark Crown Court of
Global Laws Needed to Deter Cybercrimes
The interesting connection between Job Hiring, Human Trafficking, International War and Cybercrime. How much would you expect the cost of cybercrimes to cost globally? $100 Million? $1 Billion? $10 Billion? Well, Cybersecurity Ventures expects global cybercrime costs to grow by 75% percent over the next five years, reaching $10.5