FBI Is Calling Crypto Scam Victims in Bid to Stop Further Financial Loss
To avoid tipping off the scammers, the FBI didn't reveal too many details about how it identifies victims. But in general, it's keeping an eye on where fraud proceeds are going.
FBI says ‘pig butchering’ cryptocurrency scams hit victims in all 50 states
Thousands of people are falling victim to a con that has become an intense focus of the FBI – cryptocurrency investment scams sometimes called “pig butchering.”
FBI notified over 4,300 victims of ‘pig butchering’ crypto scams in past year
After victims are tricked into buying crypto, they are shown fake online accounts with fictitious returns while the stolen funds are moved offshore, an FBI official said.
FBI launches new program to help curb Crypto scams
She said crypto scams have become more popular because of how difficult the money is to trace. “In crypto trans
An FBI initiative helps cryptocurrency scam victims
Operation Level Up launched last year and according to the FBI, it’s already helped over 4,000 victims of crypto fraud.
FBI tries new tack to thwart crypto crimes: Proactively calling victims
The thousands of investors had different goals for growing their money last year, from paying for cancer treatments to helping loved ones, to just making a good return. But all had one thing in common: they were victims of cryptocurrency scams that totaled an estimated $5 billion in potential losses.
Australian and Philippine police help would-be victims avoid online love scams on Valentine's Day
The Australian Federal Police, with the help of Filipino authorities, on Friday publicized online dialogues used by an online ...
“They steal people’s money and their hearts”: Romance scams targeting Mass. seniors on the rise
As more people go online to seek romantic relationships, and transferring money has gotten easier and less traceable, an ...
An AI-generated Brad Pitt conned a woman out of $850K. What makes people fall for celebrity dating scams?
The internet is full of people trying to scam people out of their finances — and some are pretending to be besotted ...
Catfished but not fooled: How one woman turns romance scams into fight for justice on TikTok
Roach knows how easy it is to fall for an online romance scam. It almost happened to her back in 2016. "I went and signed up ...
FedEx urges public to stay alert against courier scams
In a press release issued here, the FedEx urged the people to understand the scam in which the scammers impersonate courier ...
AI-driven crypto scams could reach $15 billion in 2025, Chainalysis warns
Taking into consideration an average annual increase of 24% in scam revenue between reporting periods, Chainalysis predicts ...
Victims lost at least $32.6m to scams since January, police urge vigilance
SINGAPORE – At least $32.6 million were lost to investment scams since January 2025, with police urging members of the public ...
‘I learned all my skills on the dark side’: Meet the reformed scammer who helps victims get their money back
Marwan Ouarab is an unlikely hero. A convicted con artist who narrowly avoided prison in France, he has now found a new calling: saving scam victims from their online predators using his tech skills.
Crypto scams likely hit a new record in 2024, driven by ‘pig butchering' and AI, says Chainalysis
Crypto scam revenue is estimated to have hit record levels last year as cybercriminals leverage new technologies like AI and ...