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yahoo.com
· 2026-08-29
Daejon Love, 35, allegedly stole $1.3 million from over two dozen women across multiple states by impersonating a San Francisco 49ers wide receiver over four years, using elaborate tactics including fake contract videos, custom 49ers merchandise, personalized cakes, and fabricated NFL imagery. Love and accomplice Taylor Jamie Chan, 18, were arrested in August 2024 and charged with wire fraud conspiracy, with federal investigators identifying 26 confirmed victims and suspecting there are additional victims. Love maintained the deception by claiming an injury prevented him from playing and even manipulated search results to appear as a legitimate NFL player.
boston.com
· 2026-08-29
Twenty Massachusetts communities have banned cryptocurrency kiosks due to their increasing use in scams where fraudsters direct victims to deposit cash and convert it to crypto, making recovery difficult. Massachusetts residents reported over $6.8 million in crypto kiosk scam losses in 2025, with one case involving a cancer patient losing $5,500, and the state attorney general alleges that more than 80 percent of high-value customers at one major operator's kiosks were involved in scams totaling $10.6 million. All 14 Massachusetts county sheriffs have urged statewide legislation to ban the machines, though the state Senate and House have not yet agreed on the measure.
wsbtv.com
· 2026-08-29
The Bartow County Sheriff's Office warned residents about bank impersonation scams in which fraudsters use spoofed phone numbers to pose as bank fraud department representatives and convince victims to withdraw large amounts of cash for courier pickup or drop-off at specified locations. Authorities advised residents to hang up on suspicious calls and verify directly with their financial institution rather than trusting information from unsolicited callers.
theguardian.com
· 2026-08-29
A 35-year-old man and 18-year-old accomplice were arrested for posing as a San Francisco 49ers player on dating apps and defrauding 26 women across four states out of approximately $1.3 million through fake investment schemes between February 2022 and August 2024. The suspect used fake social media profiles with team gear photos and luxury vehicles to build romantic relationships with victims, promising investment returns that never materialized before blocking contact once victims depleted their funds. The FBI believes there are significantly more victims yet to be identified.
wtop.com
· 2026-08-29
A 73-year-old D.C. woman, Janey Sears, was sentenced to 15 years in prison for romance scam fraud involving a federal worker in his 50s whom she met online and moved in with in 2019. Over less than two years (August 2021-May 2023), Sears convinced the victim to invest $406,954 into a fake Pfizer stock investment pool, while actually depositing the money into her own accounts and spending approximately $55,000 on a luxury car and over $100,000 gambling at casinos. She was convicted of securities fraud, misappropriation of funds by a fiduciary, and theft
kcra.com
· 2026-08-29
Daejon Labrayae Love, 35, and Taylor Jamie Chan, 18, were arrested and charged with wire fraud for operating a romance scam where Love posed as a wealthy San Francisco 49ers player or real estate investor on dating apps, while Chan impersonated his financial adviser to convince at least 26 women across four states to invest in fictitious opportunities. The scheme, which ran from February 2022 until their arrests in August 2026, netted approximately $1.3 million, with victims being shown fake bank accounts and investment gains through manipulated screenshots and FaceTime calls. Once victims exhausted their funds or questioned the investments, Love blocked communication and kept the money, with
yahoo.com
· 2026-08-29
Five men have been indicted for laundering $7.4 million stolen from at least 77 elderly victims through tech support scams and impersonation schemes in Washington state. The defendants created 21 shell companies and 44 bank accounts to receive victim funds via cashier's checks and money orders, then rapidly transferred the money through wire transfers to accounts in Hong Kong and China. Trial is scheduled for November 9, with charges including conspiracy to commit money laundering and money laundering by concealment and spending, each carrying sentences up to 20 years in prison.
kiro7.com
· 2026-08-29
Five men have been indicted for laundering $7.4 million stolen from at least 77 elderly victims through tech support scams and impersonation schemes in Washington state. The defendants allegedly created 21 shell companies and opened 44 bank accounts to receive victims' funds via cashier's checks and money orders, then rapidly transferred the money to accounts in Hong Kong and China. The operation occurred between October 2024 and March 2026, with a trial scheduled for November 9.
cubaheadlines.com
· 2026-08-29
Alejandro Díaz Torriente, 67, was sentenced to 20 years in prison for exploiting a 94-year-old Miami woman by impersonating her son, gaining access to her home valued at over $600,000, and diverting her social security benefits while stealing approximately $20,000 in cash. The scheme also included fraudulently adding himself as a co-owner of her property with survivorship rights. The fraud was discovered by the woman's court-appointed legal guardian and led to Torriente's arrest in November 2023 after a four-month investigation by the Elder and Vulnerable Adult Exploitation Task Force.
newindianexpress.com
· 2026-08-29
A multi-crore cryptocurrency Ponzi scam in Tamil Nadu's Madurai and Dindigul districts defrauded hundreds of small investors, including daily-wage laborers and housewives, who were promised high returns through fake investment schemes (FQL and VG schemes) requiring initial payments of Rs 50,000 to Rs 1 lakh. The scam operated for at least two years using app-based links that displayed fake account balances and offered commission tasks to lure investors; 12 people have been arrested and authorities estimate thousands of victims have lost crores of rupees. Angry victims protested and ransacked agents' homes, with police taking steps to freeze passports and
abc7.com
· 2026-08-29
Daejon Love, 35, and Taylor Jamie Chan, 18, were arrested and charged with wire fraud for operating a romance scam that defrauded over 26 women out of approximately $1.3 million between February 2022 and 2026. Love posed as a San Francisco 49ers player and wealthy investor on dating apps, while Chan posed as his financial adviser, convincing victims they were in romantic relationships and encouraging them to invest in fake schemes and take out personal loans. The scheme spanned California, Idaho, Washington, and Oregon, with the FBI believing there are additional victims beyond the 26 identified.
brokerdaily.au
· 2026-08-28
Artificial intelligence is enabling increasingly sophisticated scams in Australia, with ASIC removing over 19,400 online scams in FY2026—a 182% increase—including deepfake websites and celebrity impersonations that have cost Australians over $7 million. Investment scams represent the largest fraud category with $837.7 million in losses reported, while overall fraud losses across multiple Australian agencies reached $2.18 billion, with cryptocurrency investment scams and fake investment platforms surging by 30% and 151% respectively. Scammers are exploiting AI to create convincing fake endorsements, spoof websites, and impersonations of government agencies and celebrities to deceive victims into
kclyradio.com
· 2026-08-28
Kansas residents are being warned about investment fraud schemes including romance scams and "pig-butchering" scams, where scammers use AI-generated photos and scripts to build false relationships or convince victims to repeatedly invest in fake opportunities. According to Kansas's Assistant Commissioner of Insurance, these schemes target people across all communities and age groups, with victims often not realizing they've been defrauded until significant money has been lost. Warning signs include promises of guaranteed returns, requests to use crypto ATMs, and pressure to invest more after initial investments show fake profits on fraudulent websites.
justice.gov
· 2026-08-28
Oluwasegun Baiyewu, a 40-year-old Nigerian national from Houston, was sentenced to 95 months in prison for laundering over $3.1 million in fraud proceeds from business email compromise, romance, and unemployment insurance scams targeting U.S. citizens between May 2020 and October 2021. Baiyewu led a conspiracy with six co-conspirators to convert the illicit funds into used cars and ship them to West Africa, including in one instance laundering approximately $280,000 stolen from a Puerto Rican renewable energy company through a business email compromise scheme.
investmentnews.com
· 2026-08-28
Two men were arrested for defrauding over 26 women out of $1.3 million through a romance scam where one posed as a San Francisco 49ers player and the other as his financial advisor, using fake investment accounts and dating apps to gain victims' trust across Oregon, Washington, Idaho, and California. Daejon Love, 35, and Taylor Jamie Chan, 18, used mobile applications to create fictitious bank and investment balances, convincing victims their money was being invested while some were pressured to take out personal loans; no victims received any returns or account information. The pair were arrested in Boise on August 24 and charged with conspiracy to commit wire fraud and wire fraud
sports.yahoo.com
· 2026-08-28
Daejon Labrayae Love, 35, and Taylor Jamie Chan, 18, face federal charges for running a romance and investment scam that defrauded 26 women of over $1.3 million between February 2022 and their August 2026 arrest. Love posed as an undrafted San Francisco 49ers wide receiver on social media, using fake NFL credentials, luxury car photos, and manipulated Google search results to maintain the deception, while the 49ers confirmed he had no affiliation with the team. The pair operated across multiple states (Oregon, California, New Mexico, Nevada, and Utah) and were arrested at Boise Airport when authorities caught them attempting
thebiglead.com
· 2026-08-28
A 35-year-old man was charged with federal crimes for impersonating a San Francisco 49ers player and allegedly defrauding 26 women out of $1.3 million through romance and investment scams over four years. The perpetrator, using aliases including Daejon Love, created a fake Instagram profile and used AI-generated content to enhance his false NFL persona, meeting victims through dating apps and convincing them to send money directly or take out personal loans. An 18-year-old accomplice posed as his financial advisor, and the FBI believes there may be additional victims beyond the 26 identified women from California, Oregon, Washington, and Idaho.
foxnews.com
· 2026-08-28
Daejon Labrayae Love, 35, and Taylor Jamie Chan, 18, were charged with wire fraud conspiracy for allegedly defrauding 26 women out of approximately $1.3 million across Oregon, Washington, Idaho, and California. Love posed as a San Francisco 49ers player using fake videos, custom helmets, and fictitious investment accounts, while Chan posed as his financial advisor to convince victims to send money. Neither Love nor Chan had legitimate NFL employment, and investigators found no identifiable income sources supporting their claimed lavish lifestyle.
bitdefender.com
· 2026-08-28
Over 120 major technology, cybersecurity, financial and infrastructure organizations have issued an open letter warning that companies and governments must urgently strengthen digital defenses before advanced AI systems enable attackers to conduct sophisticated cyberattacks faster and at lower cost. The coalition, including Amazon Web Services, Google, Microsoft, Mastercard and Visa, argues that organizations have a limited window to address existing security vulnerabilities—such as unpatched software and weak authentication—before AI capabilities become widely available to malicious actors. The letter emphasizes that while AI can help security teams find and repair weaknesses, basic cyber hygiene practices remain essential, particularly for critical infrastructure like hospitals, water treatment facilities and government systems.
channelnewsasia.com
· 2026-08-28
Muhammad Firdaus Abdul Rahman, a 37-year-old Singaporean, was sentenced to 60 months' jail for participating in a Cambodia-based organized scam syndicate that defrauded at least 14 Singapore victims of nearly S$656,800 through government official impersonation scams. Firdaus worked in a Cambodia office with about 60 scammers (including those running romance fraud operations) making fraudulent calls claiming to be from Singapore's Cyber Emergency Response Team, and later collected money packages in Singapore on behalf of the syndicate while knowing they were proceeds from crime. He re-offended during his remission period from a previous cheating conviction, resulting in
rollingout.com
· 2026-08-28
Two men, Daejon Labrayae Love and Taylor Jamie Chan, face federal wire fraud charges for running a romance-and-investment scam from February 2022 to August 2024 that defrauded at least 26 women of approximately $1.3 million across multiple states. Love posed as a San Francisco 49ers player on dating apps, using a Google AI Overview screenshot as false proof of his identity, then convinced victims to invest in fake opportunities with promises of high returns. When victims ran out of money, Love allegedly cut contact and kept the funds, with none of the identified victims recovering any money.
yahoo.com
· 2026-08-28
A 35-year-old man and his 18-year-old accomplice allegedly defrauded 26 women of over $1.3 million through a romance and investment scam by impersonating an NFL player on fake social media accounts over four years. The perpetrator created a fake Instagram profile claiming to be a San Francisco 49ers player, used AI-generated content to enhance his false persona, and convinced victims from multiple states to send money directly or take out personal loans. The FBI suspects there may be additional victims beyond the 26 identified cases.
sandrarose.com
· 2026-08-28
Daejon Labrayae Love, 35, and Taylor Jamie Chan, 18, were charged with federal wire fraud for operating a romance-and-investment scam that defrauded 26 women of $1.3 million across four states. Love posed as a San Francisco 49ers wide receiver and wealthy real estate investor, meeting victims through dating apps and developing romantic relationships to extract money, while Chan assisted by impersonating his financial adviser on calls. Federal authorities believe there may be additional victims and are urging women to come forward.
chronicle.ng
· 2026-08-28
Nigerian police arrested seven suspects in cybercrime operations including a Lagos-based individual linked to a sophisticated business email compromise scheme targeting companies across 50 countries, from which he allegedly made over N100 million. A second suspect, a technology company owner, was arrested for operating an investment fraud scheme that defrauded victims of N56.3 million through a fake WhatsApp trading platform and converted approximately N3.6 billion in proceeds into cryptocurrency. Two additional suspects were arrested in Anambra for identity theft and impersonation using unregistered SIM cards to create fraudulent social media accounts.
ktvu.com
· 2026-08-28
Daejon Labrayae Love, 35, and Taylor Jamie Chan, 18, were arrested for a romance and investment scam where Love posed as a wealthy San Francisco 49ers player on social media while Chan posed as his financial adviser to defraud at least 26 women out of $1.3 million. The scheme, which ran from February 2022 until their arrest in Boise, Idaho, involved fake investment opportunities and fabricated bank accounts that promised massive returns; victims reported receiving no returns or investment information after sending money. Authorities believe there may be additional victims beyond those identified from Oregon, Washington, Idaho, and California.
abcnews.com
· 2026-08-28
Cambodia's government claims it has eliminated all online scam compounds after a major crackdown that investigated 793 suspected locations, raided 624 sites, and detained nearly 30,000 suspects from 39 nationalities between July 2025 and August 2026. These compounds were responsible for estimated losses of $88.3 billion to $114.1 billion in 2025 through romance and cryptocurrency scams, while also engaging in human trafficking of thousands of foreign workers. However, independent anti-trafficking experts remain skeptical of the government's claims, noting credible indicators that significant scamming operations and worker recruitment continue despite reported decreases in trafficking victim reports.
mynorthwest.com
· 2026-08-28
Five men have been indicted for laundering $7.4 million stolen from at least 77 elderly victims through tech support scams and impersonation schemes operating between October 2024 and March 2026. The defendants registered 21 shell companies and opened 44 bank accounts in Washington to receive funds via cashier's checks and money orders, then rapidly transferred the money to accounts in China and Hong Kong. The men face charges including conspiracy to commit money laundering and multiple counts of money laundering, with trials scheduled for November 9, 2026.
sports.yahoo.com
· 2026-08-28
Daejon Love, 35, was arrested on federal wire fraud charges after allegedly posing as a San Francisco 49ers player on dating apps to scam at least 26 women out of approximately $1.3 million. Working with an 18-year-old "financial advisor" named Taylor Chan, Love created fake dating profiles using multiple pseudonyms and convinced victims he was a wealthy player interested in romantic relationships and investment opportunities, using fabricated bank statements and social media accounts to appear legitimate. The victims were coerced into investing in nonexistent equities and business ventures, with none receiving any return on their money before Love blocked contact with them.
pmg-ky1.com
· 2026-08-27
Four individuals from Kentucky and Indiana were indicted on August 19, 2026, for operating a deed theft scheme targeting vacant Louisville homes, particularly those of deceased owners without wills, between April 2024 and June 2026. The same defendants, along with a fifth conspirator, were also charged with vehicle title fraud involving forged Indiana documents to conceal ownership of stolen or abandoned vehicles. Defendants Donnie Russell, Lisa Cunningham, Steven Jamesray Cates, and Claude Oscar Cunningham III face charges including wire fraud, mail fraud, money laundering, and aggravated identity theft, with potential sentences up to 20 years per count.
easternshoreundercover.com
· 2026-08-27
Linda Laird, 62, of Cordova, Maryland was convicted of financial exploitation of her 81-year-old grandmother, whom she served as co-guardian and co-conservator. Working with her father James Blizzard, Laird stole over $21,000 in Social Security benefits and $100,000 from the grandmother's bank accounts, using the funds for personal purchases including jewelry, designer shoes, and football tickets. She was found guilty on multiple federal charges including conspiracy to commit Social Security and mail fraud, wire fraud, and financial exploitation of a vulnerable elderly person.
hoodline.com
· 2026-08-27
A 65-year-old Miami-Dade man was sentenced to 20 years in prison for exploiting a 94-year-old woman by moving into her home, impersonating her son, and attempting to fraudulently claim ownership of her $600,000 property while draining approximately $20,000 from her bank accounts and redirecting her Social Security benefits. Alejandro Diaz Torriente used forged documents to add himself as a joint tenant on the home and manipulated the vulnerable woman, who had been declared legally incompetent. The case was investigated by Miami-Dade's Elder and Vulnerable Adult Exploitation Task Force following his 2023 arrest.
hoodline.com
· 2026-08-27
A 26-year-old Simi Valley man has been charged with stealing nearly $100,000 from an 89-year-old Thousand Oaks resident by befriending him, gaining access to his home and phone PIN, and conducting approximately 91 unauthorized transactions to cryptocurrency accounts over 14 months. William Bao Khoa Ly faces felony charges including grand theft and elder fraud, with prosecutors alleging he exploited a position of trust; the victim's bank recovered over $50,000 of the stolen funds. The case highlights a broader pattern of trust-based elder fraud schemes, as California seniors lost $1.4 billion to financial fraud in 2025, a
nypost.com
· 2026-08-27
William Bao Khoa Ly, 26, befriended an 89-year-old man at a McDonald's in Thousand Oaks and gained access to his cell phone PIN, which he used to conduct nearly 91 cryptocurrency transactions totaling approximately $100,000 from the victim's bank account. The victim's bank detected the fraud and recovered over $50,000, and Ly was arrested and charged with felony theft from an elder, grand theft, and unauthorized use of personal identifying information.
pmg-ky1.com
· 2026-08-27
Four individuals from Kentucky and Indiana were indicted in August 2026 for a deed theft conspiracy targeting vacant Louisville homes, often those of deceased owners without wills, between April 2024 and June 2026. The same defendants, plus a fifth conspirator, were also charged with mail fraud for obtaining fraudulent Indiana vehicle titles using forged documents between January 2024 and July 2025. If convicted, defendants face up to 20 years in prison per count, with one defendant, Donnie Russell, facing additional two-year sentences for aggravated identity theft.
foxnews.com
· 2026-08-27
Scammers build target lists months in advance of Medicare Open Enrollment (Oct. 15-Dec. 7) and Social Security COLA announcements to prepare for fraud campaigns in fall, using purchased consumer data to identify vulnerable older Americans. The article details a case where two former Epsilon Data Management employees sold targeted consumer lists to fraudsters who defrauded over 218,000 victims of more than $23.7 million, resulting in Epsilon paying $150 million in penalties and victim compensation. The article urges Americans to protect their data in August to avoid becoming targets for anticipated scams including fake Medicare cards and urgent Social Security warnings.
cryptonews.net
· 2026-08-27
A Cobb County investor lost hundreds of thousands of dollars to a fake cryptocurrency platform after a scammer gained trust through social media and mutual acquaintances, initially allowing small withdrawals and displaying fake profits to encourage larger deposits. Georgia's Attorney General's office traced the funds to a cryptocurrency exchange and obtained a court order to recover the victim's money, with the scheme matching the "pig butchering" fraud pattern where scammers build trust over time before disappearing. This recovery is part of an increasing trend of crypto scam cases in Georgia, coinciding with new state legislation requiring virtual currency kiosk regulations and fraud protections.
tvcnews.tv
· 2026-08-27
Nigeria Police arrested seven suspects involved in multiple cyber crimes including business email compromise, sextortion, romance scams, and money laundering schemes. One suspect allegedly made over N100 million from a sophisticated email compromise operation targeting 12.5 million victims across 50 countries, while another defrauded investors of N56.3 million through a fake WhatsApp trading platform and laundered approximately N3.6 billion in cryptocurrency through peer-to-peer transactions.
bankinfosecurity.com
· 2026-08-27
Australia's new Scams Prevention Framework, taking effect in March 2027, contains significant regulatory gaps that leave scammers largely unpunished while banks face penalties up to $52.7 million per violation. Dating apps, digital wallets, crypto exchanges, and non-bank payment providers are excluded from the framework, allowing romance scams and cryptocurrency investment scams to proliferate unchecked—with crypto scams up 30% year-over-year—while liability and reimbursement mechanisms across these unregulated platforms remain undefined. Despite industry warnings and multiple requests for clarification, the Australian Treasury has shown no indication of revising the exclusions or providing guidance on how victims will recover funds once scams cross
thecable.ng
· 2026-08-27
Nigerian police arrested seven suspects in "Operation Broken Mask," a collaborative investigation with German and Canadian authorities, involving business email compromise, romance scams, sextortion, and investment fraud totaling approximately N3.6 billion (about $2.4 million USD). One suspect allegedly stole credentials from companies across 50 countries and made over N100 million from phishing operations, while another ran a fraudulent WhatsApp-based investment scheme that defrauded victims of N56.3 million before converting N3.6 billion in proceeds to cryptocurrency through peer-to-peer transactions. Additional arrests included suspects engaged in identity theft, SIM card fraud, and impersonation schemes targeting government officials
allafrica.com
· 2026-08-27
An eight-month international operation coordinated by INTERPOL across 22 countries arrested 58 suspects and identified 263 others linked to West African organized crime networks, including the Black Axe group. Police seized $2.67 million, blocked 257 bank accounts, and recovered $379,000 in cash and cryptocurrency while dismantling networks responsible for romance scams, investment fraud, cryptocurrency schemes, and business email compromise targeting victims globally. The operation also revealed an emerging threat of sextortion targeting minors as young as 14 by West African crime groups operating through social media.
nigeriainfo.fm
· 2026-08-27
An eight-month INTERPOL operation called Operation Jackal IV, involving 22 countries, resulted in 58 arrests and identification of 263 suspects involved in West African organized crime groups like Black Axe. The criminal networks perpetrated romance scams, cryptocurrency and investment fraud, and business email compromise schemes, with a dismantled Romania-based investment fraud operation alone causing estimated losses exceeding €143 million globally. The operation also uncovered crime-as-a-service networks providing digital infrastructure for scams and identified emerging threats including sextortion targeting minors, with ongoing investigations continuing across multiple jurisdictions.
cybermagazine.com
· 2026-08-27
Global losses from remote-payment fraud are expected to reach $49 billion by 2030, as digitization has made financial institutions and consumers vulnerable to increasingly sophisticated scams. Scams, which include romance scams, fake job postings, fraudulent charities, and deceptive shopping deals, are the most prevalent form of fraud worldwide and are particularly difficult to combat because consumers often approve the fraudulent transactions themselves. AI and generative AI tools are enabling criminals to create convincing phishing emails, fake websites, and deepfake content at scale, while also being deployed defensively by financial institutions to detect and prevent fraud in real time.
cbsnews.com
· 2026-08-27
Scammers in Jefferson County, Colorado are targeting domestic violence victims by calling them within hours of their abuser's arrest, impersonating jail deputies and demanding money via Cash App, Venmo, or gift cards to post bond, with victims losing hundreds to thousands of dollars. The scammers exploit victims' vulnerable state by creating urgency and using publicly available information combined with social media data to appear legitimate, knowing that domestic violence survivors may be emotionally devastated and financially controlled by their abusers. Officials warn that legitimate jail, court, and district attorney offices will never call demanding immediate payment through digital payment services, and urge victims to verify calls independently and report scams to local authorities.
foxbusiness.com
· 2026-08-27
Brittany Hudson was sentenced to 16 years and three months in federal prison for orchestrating a fraud scheme that defrauded Amazon of nearly $10 million between January and June 2022, using fake vendors and invoices to divert funds that were spent on luxury vehicles and real estate. Hudson and her co-conspirators, including an Amazon employee, submitted over 1,000 fictitious invoices that led Amazon to transfer approximately $9.4 million to accounts they controlled. While out on bond, Hudson compounded her crimes by forging federal judges' signatures to attempt defrauding a franchising company, and she was ordered to pay $9.47 million in restitution to Amazon
sandiegouniontribune.com
· 2026-08-27
Two men from Los Angeles County were arrested in San Diego County after allegedly stealing debit cards from bank customers by distracting them during transactions and making unauthorized withdrawals. The suspects targeted at least 15 people across San Diego County, with confirmed losses of approximately $5,990 in Lemon Grove alone, ranging from $100 to $2,700 per victim, with similar incidents also reported in Orange and Los Angeles counties. Both men were arrested on suspicion of robbery and identity theft, with one also facing elder fraud and resisting charges.
patch.com
· 2026-08-27
Two Los Angeles men, Sergio Romero, 40, and Franklin Florez, 31, were arrested for operating a debit card swap scheme targeting bank customers in San Diego County, primarily at Wells Fargo branches and ATMs in Lemon Grove. Using distraction techniques, they secretly exchanged victims' legitimate debit cards for fraudulent ones and then withdrew cash from ATMs, defrauding at least five victims (including two elderly people) in Lemon Grove alone with reported losses totaling approximately $5,990, with individual losses ranging from $100 to $2,700. The suspects are connected to approximately 15 additional similar incidents across San Diego County and additional cases in Orange
taiwannews.com.tw
· 2026-08-27
Taiwan's Mainland Affairs Council reported that scams linked to Chinese social media platform Xiaohongshu dropped significantly after the government blocked access to the platform in December 2025, with reported cases declining 72% and financial losses falling 66% over an eight-month period. From December 2025 through July 2026, there were 145 scam cases resulting in NT$33.88 million (US$1.07 million) in losses, compared to 525 cases with NT$98.90 million in losses during the previous eight-month period from April through November 2025. Taiwan imposed the temporary one-year domain name block after Xiaohongshu failed to
yellow.com
· 2026-08-27
The SEC has charged NovaTech and its leaders, including founders Cynthia and Eddy Petion, with a $650 million cryptocurrency and forex fraud scheme that defrauded over 200,000 investors worldwide from 2019 to 2023. Operating as a multi-level marketing scheme, NovaTech promised guaranteed profits but instead funneled most investor funds to pay earlier investors and promoters rather than conducting actual trading. The scheme particularly impacted the Haitian-American community, with victims unable to withdraw their funds when the company collapsed.
moaa.org
· 2026-08-26
Over 201,000 Americans age 60 and older lost approximately $7.7 billion to cyber-enabled crimes in 2025, with an average loss of $38,000 per victim and military retirees accounting for over half a billion dollars in fraud losses. Scammers increasingly target older adults through impostor schemes, romance fraud, and tech-support scams, exploiting vulnerabilities including loneliness, financial assets, unfamiliarity with technology, and cognitive decline, with artificial intelligence tools making these scams more sophisticated and effective. The FBI reported a 37% spike in complaints from 2024 to 2025, though experts believe actual losses are significantly higher due to underre
straitstimes.com
· 2026-08-26
Singapore lost $410.6 million to scams in the first half of 2026, a decrease from $500.2 million in the same period of 2025, with 16,821 cases reported. Eight in 10 victims were manipulated into voluntarily transferring money to scammers rather than having their accounts directly compromised, with elderly victims (65+) suffering the highest average losses at $42,347 per person. The most common scam types were e-commerce ($8 million in losses), investment scams ($169.8 million), and government official impersonation scams, with notable increases in Pokemon card trading scams rising from 279 to 605