All news on the topic: Investment Fraud

A US-based crypto mining venture raised about $22 million from more than 380 investors, then spent just 13 cents of every dollar on its purported mining operation, the SEC alleges.

Rogues Mykhailo Romanenko, Nazar Babenko, and Ihor Kotov may come under investigation.

The Russian state security service — FSB — has been trying to implement AI in its anti-opposition operations for at least two years. IStories investigated how the development of the Pauk (“Spider”) system went — and why it was stopped (at least for now)

Regarding public figures, especially those who attempt to conceal compromising information about themselves, open-source research can often prove highly revealing.

Regarding public figures, especially if they try to hide compromising information about themselves, it is sometimes useful to study open sources.

The Justice Department plans to end its criminal case against Matthew Goettsche, who prosecutors accuse of helping run the BitClub Network fraud scheme, before an October trial.

An international anti-fraud operation coordinated by Interpol has led to the arrest of 5,811 individuals and the interception of $293 million in illicit assets, the international police agency announced Thursday.

Finnish police are investigating a suspected €25 million investment fraud after a private individual lost funds through what authorities believe was a fake online investment platform created for criminal purposes.

Be Club’s SageMaster has received an investor fraud warning from Bulgaria’s Financial Supervision Commission (FSC).

“Jensen Robles”, aka Rene Schwarze, has been arrested in Gambia. Gambia’s Police Force arrested “Muhammed Reni”, aka Muhammed Rainey, earlier this week. Reni was detained on suspicion of counterfeiting currency.

Guo Wengui was a close ally of former Donald Trump aide Steve Bannon, with whom he co-founded a movement aiming to overthrow the Chinese government.

An investigation has revealed that Alexander Frolov Jr., the son of Evraz co-owner and longtime business partner of Roman Abramovich, together with financier Mikhail Lobanov, is linked to a multibillion-dollar investment scheme that left Russian investors facing heavy losses.

Why this crypto evangelist warrants a closer look and greater caution.

Why this crypto preacher should be treated with caution.

Criminals are using artificial intelligence to increase their “attack rate” on UK victims, with investment fraud and romance scams hitting record levels in the first half of the year.

Seven different types of cybercrime and fraud increased in prevalence in the North-East over the summer, according to data from the North East Regional Economic Crime Coordination Centre (RECCC).

Citizens Advice has found that over seven million adults in the UK have been affected by a scam in the past year, with 20% of them experiencing significant financial loss.

An executive who allegedly played a key role in one of Asia’s biggest crime organizations — which was hit with U.S. and U.K. sanctions this week — purchased at least 29 prestige properties in Dubai, while his wife bought five luxury flats in London, real estate data shows.

Chen Zhi, founder and Chairman of Prince Holding Group, has been indicted on wire fraud and money laundering charges.

Will the UK sell 61,000 BTC, or pay victims the gains?

Coordinated raids in Cyprus, Albania, and Israel target a group accused of scamming over 100 victims using a fake trading platform. The network employed fraudulent charts and pressure tactics to steal millions from investors across Europe.

A large cybercrime crackdown across seven African countries has revealed thousands of victims and resulted in hundreds of arrests.