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In 2023, consumers reported $114 million in losses from scams involving BTMs — a nearly 900% increase over the preceding three years, the FTC said Tuesday in a report. Losses through June of ...
The 67-year-old Cussewago Township woman contacted state police Monday at 6:13 p.m. claiming she had been told by an unidentified person to purchase more than $22,000 worth of Bitcoin.
Call it a diabolical new twist on an old scam: ATM fraudsters are turning to bitcoin. Data the Federal Trade Commission provided to NBC News show the amount of money consumers have reported losing ...
Reports on the purported scam are an Internet hoax, first spread on social media sites in 2017. [1] While the phone calls received by people are real, the calls are not related to scam activity. [1] According to some news reports on the hoax, victims of the purported fraud receive telephone calls from an unknown person who asks, "Can you hear me?"
A pig butchering scam (in Chinese sha zhu pan [2] or shazhupan, [3] (Chinese: ĉçŞç), translated as killing pig game) [1] is a type of long-term scam and investment fraud in which the victim is gradually lured into making increasing contributions, usually in the form of cryptocurrency, to a fraudulent cryptocurrency scheme.
Bitcoin ATMs have become an easy way to steal for scammers. One is seen here at the Clark Street subway station on June 13, 2022, in the Brooklyn Heights neighborhood of Brooklyn, New York.
Here is what you should do if you get a scam text: Copy the message, without clicking on a link, and forward it to 7726 (SPAM). This helps your wireless provider spot and block similar messages in ...
Jon Montroll, the man behind BitFunder and WeExchange, was charged with fraud last February. He pleaded guilty last July, and will be sentenced in April. Montroll reportedly hid the theft of over ...