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spectrumnews1.com
· 2025-12-08
"Pig butchering," a financial grooming scam where perpetrators build trust over months before soliciting investments (often in cryptocurrency), has resulted in victims losing thousands to millions of dollars, with investment scam losses increasing from $3.3 billion in 2022 to $4.5 billion in 2023. One Kentucky victim lost $1.7 million in assets after being manipulated into selling her home and liquidating retirement accounts. AARP recommends victims research investments, ignore unsolicited messages, use reverse image searches, and work with certified financial advisers to protect themselves from these schemes.
azag.gov
· 2025-12-08
Arizona Attorney General Kris Mayes announced 22 new indictments against individuals and entities involved in a fraudulent sober living home scheme, with charges including money laundering, theft, conspiracy, fraudulent schemes, patient referral fraud, and forgery. The defendants' initial arraignment took place in Maricopa County Superior Court. All defendants are presumed innocent until proven guilty.
jdsupra.com
· 2025-12-08
On May 12, 2025, the DOJ's Criminal Division issued a memorandum recalibrating white-collar crime enforcement around three principles: Focus (targeting the most urgent threats), Fairness (prioritizing individual accountability while providing clearer guidance for cooperating companies), and Efficiency (streamlining investigations). The DOJ identified 10 priority enforcement areas, including healthcare fraud, elder fraud, investment fraud, securities fraud, money laundering, and trade violations, signaling a targeted approach to white-collar crimes that harm public finances, investors, and national security.
aoshearman.com
· 2025-12-08
This article describes a Department of Justice memorandum on white-collar crime enforcement that prioritizes "Focus, Fairness, and Efficiency" in corporate criminal prosecutions. The memo identifies ten high-impact enforcement areas, including fraud targeting investors and individuals (specifically naming Ponzi schemes, investment scams, and elder fraud), government program fraud, trade fraud, and financial crimes threatening national security. The policy aims to balance aggressive prosecution of serious corporate wrongdoing with avoiding overreach that would burden legitimate businesses and innovation.
gibsondunn.com
· 2025-12-08
On May 12, 2025, the DOJ Criminal Division announced a new White-Collar Enforcement Plan and updated guidance documents that emphasize an "America First" approach prioritizing prosecution of fraud schemes targeting vulnerable populations, government program fraud, and crimes affecting national security and U.S. businesses. The guidance signals a shift toward considering the impact of investigations on legitimate businesses while maintaining focus on dishonest actors, foreign corruption, and trade enforcement violations.
mondaq.com
· 2025-12-08
This is not an elder fraud news article. The document is a May 2025 Department of Justice policy memorandum outlining white-collar crime enforcement priorities for the Trump administration. While the memorandum lists "elder fraud" as one of several high-impact areas for prosecution alongside securities fraud, investment fraud, and Ponzi schemes, it provides no specific case information, victim details, or dollar amounts related to elder fraud incidents. This is a policy/enforcement guidance document rather than reporting on an actual fraud case or elder abuse event.
lifestyle.thecable.ng
· 2025-12-08
Singer Peter "Mr P" Okoye testified in a fraud trial against his elder brother Jude Okoye and Jude's company Northside Music Ltd, which is accused of laundering N1.38 billion, $1 million, and £34,537.59. Mr P claimed that Jude's wife Ifeoma owns 80% of Northside Music while Jude owns 20%, and that the company operated illegally for two years before the Psquare group disbanded, allegedly using over 47 bank accounts to receive royalties. The case has been adjourned to May 23, 2025.
jdsupra.com
· 2025-12-08
The Department of Justice's Criminal Division issued a memorandum outlining new enforcement priorities for white-collar crime prosecution under the "focus" tenet, which directs prosecutors to concentrate on cases posing significant threats to U.S. interests. Elder fraud, securities fraud, health care fraud, money laundering, and crimes targeting U.S. investors are among the prioritized areas, with emphasis on cases involving senior-level personnel, demonstrable losses, and victim compensation through asset forfeiture. The Department also expanded its Corporate Whistleblower Awards Program to incentivize reporting of fraud in these priority areas.
jdsupra.com
· 2025-12-08
The U.S. Department of Justice Criminal Division announced updated white-collar enforcement policies on May 12, 2025, focusing on ten high-impact areas including health care fraud, securities fraud, Ponzi schemes, and money laundering. The revised Corporate Enforcement Policy offers greater incentives for companies that voluntarily self-report misconduct, fully cooperate, and remediate, while also expanding opportunities for corporate whistleblowers. The DOJ's renewed emphasis on corporate criminal enforcement prioritizes cases involving senior-level personnel, demonstrable financial losses, and obstruction of justice, indicating continued robust prosecution despite earlier speculation of reduced white-collar enforcement activity.
wired.com
· 2025-12-08
Researchers published 1,000 email addresses linked to North Korean IT worker scams targeting Western companies, while cryptocurrency money laundering platforms Xinbi Guarantee ($8.4 billion) and Haowang Guarantee ($27 billion in transactions) were dismantled following Telegram's crackdown. Additionally, Coinbase disclosed a data breach affecting less than 1% of its users where attackers compromised personal and financial information through bribed overseas support agents, with remediation costs expected between $180-$400 million.
seattletimes.com
· 2025-12-08
A 29-year-old New Jersey man, Zabi Ullah Mohammed, was arrested for wire fraud, conspiracy to commit wire fraud, and impersonating a federal agent in connection with a scam that defrauded a Missoula, Montana woman of nearly $1 million. The scam began with a fraudulent call claiming to be from Amazon, which escalated into impersonation of federal officials (Social Security Department and a U.S. Marshal named Carlos Silva) who convinced the victim to withdraw her money for "legalization" and safekeeping. Between April 2-18, over $900,000 in cash and gold were picked up from the victim's home
lexology.com
· 2025-12-08
On May 12, 2025, the U.S. Department of Justice announced new enforcement priorities for white collar crime prosecution, emphasizing a balanced approach between prosecuting corporate wrongdoing and minimizing burdens on businesses. The announcement identifies 10 high-impact focus areas for prosecutors, including healthcare fraud, trade/customs fraud, and notably elder fraud schemes involving investment fraud and Ponzi schemes. The DOJ's revised guidance emphasizes fairness through alternatives to prosecution and efficiency in investigations, representing a significant shift in the current administration's approach to white collar enforcement.
afslaw.com
· 2025-12-08
The U.S. Department of Justice announced updated white-collar enforcement priorities, identifying 10 "high-impact areas" for prosecution including investment fraud, elder fraud, health care fraud, and market manipulation schemes. The announcement included revised policies for corporate enforcement, voluntary self-disclosure, and a whistleblower awards program designed to incentivize reporting of misconduct and provide fairer, more transparent prosecution standards.
bostonglobe.com
· 2025-12-08
Craig Clayton, a 75-year-old Rhode Island accountant, pleaded guilty to money laundering conspiracy and obstruction of justice for laundering over $35 million in proceeds from internet fraud schemes targeting elderly victims through romance and business scams between 2019 and 2021. Clayton used his consulting business and shell companies, including Providence Sanitizer Inc., to process the fraudulent funds and transfer money to accounts in multiple countries, while lying to authorities about his activities. Under his plea agreement, Clayton faces 2.5 to 6.5 years in prison, must pay $140,000 in restitution, and forfeit over $330,000 and a vehicle.
newsweek.com
· 2025-12-08
The FBI reported that internet-related crime reached a five-year high in 2024, with victims losing $16.6 billion across approximately 860,000 complaints—a 33% increase from 2023. Individuals aged 60 and older suffered the largest financial losses at $4.8 billion, with the most common scams being phishing/spoofing, cryptocurrency fraud, and extortion, while investment fraud, business email compromise, and tech support fraud were the costliest schemes overall.
mwe.com
· 2025-12-08
This document outlines the US Department of Justice's updated White-Collar Enforcement Plan announced in May 2025, which aims to balance corporate criminal enforcement with reducing burden on businesses. The revised approach maintains focus on priority areas including fraud (healthcare, federal programs, securities, and elder fraud), trade/customs violations, and national security threats, while implementing changes such as fee caps on monitors, shorter investigation timelines, and increased opportunities for early case termination. The policy shift reflects the administration's view that previous enforcement strategies were too costly to American enterprise, though DOJ reaffirms its commitment to white-collar crime prosecution.
troutman.com
· 2025-12-08
On May 12, 2025, the DOJ's Criminal Division announced updated white-collar enforcement priorities and policies, including a revised Corporate Enforcement Policy and expanded Corporate Whistleblower Awards Program. The Division's new focus areas include rooting out fraud against government programs (healthcare, procurement), trade fraud, elder fraud, investment fraud (Ponzi schemes, securities fraud), and crimes involving transnational criminal organizations and money laundering. Companies are advised to strengthen compliance programs, internal reporting mechanisms, and review hiring practices and government program participation to align with the Division's heightened enforcement priorities.
timesofindia.indiatimes.com
· 2025-12-08
An 80-year-old retired Maharashtra government official lost Rs 4.2 crore in a sophisticated digital arrest scam that began in April when fraudsters impersonated telecom and law enforcement officials, falsely claiming money laundering charges and an arrest warrant against him. The scammers used fake video calls simulating a Supreme Court hearing, the fabricated concept of "digital arrest" with threats of surveillance, and psychological pressure to coerce the victim into transferring his life savings to accounts they claimed were government-monitored. The fraud was only discovered when the victim's son investigated the transactions and confirmed the scam.
detroitnews.com
· 2025-12-08
Mohammad Gazi, 49, of Warren, was charged with defrauding a Waterford Township senior of over $40,000 through a computer security scam in which he posed as a representative and instructed the victim to withdraw and hand over cash in multiple transactions. In a separate case, Vedantkumar Bhupenbhai Patel, 25, of Toledo, was charged with scamming an elderly Macomb County couple out of $50,000 via a fraudulent email claiming they had pending child pornography charges and instructing them to withdraw cash for a supposed U.S. Treasury agent pickup.
providencejournal.com
· 2025-12-08
A 75-year-old Rhode Island man pleaded guilty to laundering $35 million obtained through romance scams and elder fraud schemes by operating a "virtual CFO" business from his home. Craig Clayton faces up to 20 years in prison and hundreds of thousands in fines for money laundering conspiracy and obstruction of justice after processing funds on behalf of foreign scammers who defrauded victims out of millions of dollars.
financial-planning.com
· 2025-12-08
This educational piece discusses how financial planners can help protect older clients from elder abuse and fraud by implementing proactive estate planning and family coordination. Key findings show that dementia and cognitive impairment risk increases significantly with age (affecting roughly 10% of those 65+, and over 50% by age 82), and isolation is a primary risk factor for elder abuse. The article recommends advisors facilitate family planning conversations about long-term care, ensure proper legal documents are in place (such as healthcare powers of attorney), and maintain regular oversight of clients in care facilities to prevent exploitation.
morganlewis.com
· 2025-12-08
The U.S. Department of Justice announced revised criminal enforcement priorities on May 12, 2025, continuing to prioritize prosecution of fraud and abuse of government programs including Medicare, Medicaid, and healthcare fraud, as well as complex frauds such as Ponzi schemes, investment fraud, elder fraud, and securities fraud. The new policy emphasizes three core tenets—focus, fairness, and efficiency—while balancing effective prosecution of corporate and white-collar crimes with minimizing unnecessary burdens on American businesses. The memorandum also reiterates the importance of corporate compliance programs in determining appropriate enforcement actions.
newsbreak.com
· 2025-12-08
A Midwest woman fell victim to two interconnected online scams that have left her facing 29 years in prison and thousands in fines. She first lost thousands of dollars in a romance scam on Words with Friends, then unknowingly became a "money mule" transferring $300,000 in illegally obtained funds for cybercriminals. The scammers exploited her trust by moving conversations to untraceable messaging platforms, creating artificial urgency, and isolating her from verification opportunities, while she now faces legal consequences while the actual criminals remain at large.
jocoreport.com
· 2025-12-08
An 81-year-old man in Benson lost $17,000 to a grandparent scam in which scammers impersonated his grandson and then a lawyer, claiming the grandson needed bail and legal fees for a traffic accident. The victim withdrew cash twice and left envelopes outside his home for pickup before realizing his grandson had not been in an accident; the Johnston County Sheriff's Office is investigating the case.
yourvalley.net
· 2025-12-08
Kingsley Sebastian Ibhadore, a 40-year-old Glendale man, was sentenced to 17 months in prison on May 5 for his role as a "money mule" in online romance scams, pleading guilty to structuring charges. Between July 2019 and March 2020, Ibhadore used 24 bank accounts under multiple aliases to withdraw over $500,000 in small amounts below federal reporting thresholds, deliberately concealing and distributing funds stolen from romance scam victims. Surveillance footage documented him conducting transactions using fraudulent identities at multiple Arizona banks even after confirming the money originated from romance scams.
yourvalley.net
· 2025-12-08
Kingsley Sebastian Ibhadore, a 40-year-old Glendale man, was sentenced to 17 months in prison on May 5 for his role as a "money mule" in online romance scams, having pleaded guilty to conspiring to commit structuring. Between July 2019 and March 2020, Ibhadore used 24 bank accounts under false identities to deposit and withdraw over $500,000 in romance scam proceeds in amounts below federal reporting thresholds to avoid detection. Surveillance footage captured him conducting transactions using fraudulent identities at multiple Arizona banks, and he continued the illegal activity even after confirming the funds came from romance sc
kvoa.com
· 2025-12-08
Kingsley Sebastian Ibhadore, a 40-year-old Nigerian national in Glendale, Arizona, was sentenced to 17 months in prison for laundering over $500,000 in romance scam proceeds through 24 bank accounts using false identities between July 2019 and March 2020. Acting as a "money mule," Ibhadore structured withdrawals below federal reporting thresholds and continued transferring funds even after confirming their fraudulent origins, with the U.S. Secret Service ultimately identifying him through bank surveillance footage across Arizona.
justice.gov
· 2025-12-08
Kingsley Sebastian Ibhadore, a 40-year-old Glendale resident, was sentenced to 17 months in prison in May 2025 for serving as a "money mule" in online romance scams, laundering over $500,000 in fraud proceeds through 24 bank accounts under false names while structuring withdrawals to evade federal reporting requirements. Between July 2019 and March 2020, Ibhadore deposited victims' money into accounts opened with fraudulent identities and withdrew it in small amounts to avoid detection, continuing the scheme even after acknowledging the funds came from romance scams. The U.S. Secret Service investigation revealed he conducted transactions
ice.gov
· 2025-12-08
A Cameroonian criminal organization operating across southern California defrauded at least 100 elderly victims of over $10 million through phone and email scams impersonating law enforcement and bank employees, as well as fake real estate sales schemes. Leslie Kibula Bongajum, 34, is wanted on money laundering charges after three co-conspirators were arrested in February 2024; the group created 36 shell companies, 145 fraudulent bank accounts, and 32 fake mailboxes to launder stolen funds and facilitate their asylum system abuse. The conspiracy operated from at least November 2021 to the present, with victims tricked into transferring money to accounts controlled by
keyt.com
· 2025-12-08
Craig Case, a 77-year-old security company owner and television host, was sentenced to 26 years and eight months for embezzling approximately $690,000 from elderly Montecito resident Constance McCormick Fearing between 2018 and 2021. Case was convicted of 63 of 64 charges including 45 counts of money laundering, with accomplice Nancy Coglizer (who held power of attorney) writing over 100 small checks to Case for fraudulent "security services" that avoided financial reporting triggers. Coglizer received a reduced sentence of 10 years probation and 364 days in jail in exchange for her guilty plea
indiatoday.in
· 2025-12-08
A 21-year-old Indian student, Kishan Kumar Singh, was arrested in North Carolina for impersonating a federal agent and attempting to defraud a 78-year-old woman by convincing her that her bank accounts were compromised and pressuring her to withdraw cash for "safekeeping"; he was apprehended when arriving to collect the money. This marks the third arrest of an Indian student in two weeks for targeting elderly Americans through similar government impersonation scams, with Singh now facing felony charges including attempted theft and elder exploitation under a $1 million bond.
azcentral.com
· 2025-12-08
Kingsley Sebastian Ibhadore, a Nigerian citizen and lawful U.S. resident from Phoenix, was sentenced to federal prison for laundering approximately $4 million in proceeds from romance scams by structuring financial transactions to evade detection. The case underscores the significant impact of organized online romance fraud schemes operating across Arizona and the nation.
punchng.com
· 2025-12-08
Nigerian national Chimezie Nwabueze, 28, was arrested by Canadian police in April 2025 for a romance scam that defrauded two victims of $610,382 between June 2021 and July 2023. Nwabueze posed as a romantic interest on dating platforms and falsely claimed to own an oil rig in the Middle East, requesting money with promises of repayment before cutting off communication once victims questioned him. This marks his second arrest for similar fraud; he was previously charged in November 2023 for defrauding another victim of over $250,000 using the same method, and investigators believe he is part of a
therecord.media
· 2025-12-08
The U.S. Treasury Department sanctioned Myanmar militia group Karen National Army (KNA) and its leader Saw Chit Thu for profiting from large-scale cyber scam operations, particularly in Shwe Kokko where industrial scamming compounds force trafficked workers to defraud victims through fraudulent investment schemes. The KNA leases land to criminal groups, provides security, and facilitates human trafficking to support these operations, which have caused Americans to lose over $6.5 billion to cryptocurrency investment fraud alone. The sanctions block the militia leader and his family from U.S. business dealings and follow international designations by the UK and EU, as well as broader Treasury actions against money laun
gulfnews.com
· 2025-12-08
A 21-year-old Indian student, Kishan Kumar Singh, was arrested in North Carolina for attempting to defraud a 78-year-old woman as part of a scheme in which scammers posing as law enforcement officers pressured her to withdraw money for "safekeeping" after falsely claiming her bank accounts were compromised. Singh faces felony charges including attempted obtaining of property by false pretenses and exploitation of an elder adult, and is being held on a $1 million bond. The case is part of a growing trend of scammers targeting elderly individuals in residential care facilities.
theguardian.com
· 2025-12-08
A sophisticated scam targets older adults through WhatsApp and text messages, with fraudsters impersonating family members or close friends claiming to have lost their phone and urgently needing money for various reasons. According to Santander data, scammers posing as sons are most successful, with schemes evolving to include AI voice impersonation technology to increase credibility. Victims are advised to verify requests by contacting the person directly on their known number, establish family passwords, and report suspicious messages through their bank, the messaging app, or Action Fraud.
bangkokpost.com
· 2025-12-08
A 32-year-old Thai engineer lost 8.46 million baht (approximately $240,000 USD) to call center scammers impersonating Department of Special Investigation (DSI) officials who claimed he was involved in money laundering. The scammers used forged documents, continuous calls over seven days, and threats of asset confiscation to coerce him into making 11 wire transfers from multiple bank accounts, while keeping him isolated and on the phone throughout. The victim only realized he was scammed when he informed his father, and recovery efforts through his banks have been unsuccessful so far.
aol.com
· 2025-12-08
A Cambodia-based gang with North Korean ties operating under the Huione Group has stolen billions of dollars from Americans through "pig butchering" romance scams and investment fraud since August 2021, according to federal officials. Between August 2021 and January 2025, Huione raked in at least $4 billion in proceeds, with the operation facilitating payments and cryptocurrency exchanges that enabled the scams targeting US retirees and others through dating apps and social media. The US Treasury Department has proposed a federal rule to sever Huione Group's access to the US financial system, with one victim, Beth Hyland, losing $26,000 to a Tinder sc
wired.com
· 2025-12-08
Researchers disclosed multiple vulnerabilities in Apple's AirPlay platform that could allow attackers on the same Wi-Fi network to take over third-party devices like speakers and TVs, though patches have been released with uncertain adoption rates among manufacturers. The article also reports that three major British retailers—Co-op, Marks & Spencer, and Harrods—were recently hit by cyberattacks, with ransomware group Scattered Spider allegedly responsible for at least the Marks & Spencer breach that began in February and disrupted online orders and store operations.
gistmania.com
· 2025-12-08
A 28-year-old Toronto man, Chimezie Nwabueze, was charged after defrauding two victims of over $610,000 between June 2021 and July 2023 through an elaborate romance scam in which he posed as a wealthy oil rig owner and gained their trust via dating platforms before fabricating financial emergencies. Nwabueze allegedly cut off contact once victims grew suspicious, and police believe he may be part of an organized group targeting older adults; he faces multiple charges including fraud over $5,000, uttering forged documents, and money laundering, and had previously been arrested in November 2023 for a similar $250
saltwire.com
· 2025-12-08
Luiggi Giovanni Yataco, 35, was sentenced for his role in the "Grandparent Scam," defrauding seniors in St. John's and Gander of nearly $27,900 in October 2023 by posing as a lawyer and claiming grandchildren needed bail money for car accidents. Yataco pleaded guilty to four counts of fraud and one count of wearing a disguise, claiming he was merely a "money mule" collecting cash envelopes, though he was arrested when police caught him attempting to pick up money from one of the victims. The scam is part of a broader pattern affecting Canadian seniors, with over $23
upi.com
· 2025-12-08
Five individuals were sentenced to federal prison for defrauding retired Florida school district employees through identity theft and unauthorized withdrawal of retirement funds. The conspiracy, which involved a retirement specialist who worked at a company administering 401(k) accounts, resulted in the theft of $1.1 million from 25 different retirement accounts; sentences ranged from six months to 87 months, and all defendants were ordered to pay restitution.
mississauga.com
· 2025-12-08
A 28-year-old Toronto man was charged with defrauding two victims of over $610,000 through a romance scam conducted between June 2021 and July 2023, in which he posed as an oil rig owner seeking urgent financial assistance while communicating only electronically and never meeting the victims in person. The suspect, who faces multiple fraud and money laundering charges, was previously accused of using the same method to steal over $250,000 from another victim in November 2023, and police believe he is part of a larger criminal network targeting vulnerable users on dating websites.
cw34.com
· 2025-12-08
Five fraudsters were sentenced to federal prison for conspiring to steal over $1.1 million from retired Florida school employees' 401(k) retirement accounts, with sentences ranging from 6 months to 87 months. The scheme was orchestrated by Ronald Vargas, a retirement specialist who stole funds and transferred them to accomplices including Lambert Aguebor, Floyd Bostic, Grace Aguebor, and Sarina Levy, who then laundered the money through personal accounts, businesses, and real estate purchases. The court ordered all five defendants to pay $1 million in restitution to victims and serve supervised release periods following their imprisonment.
justice.gov
· 2025-12-08
Five defendants were sentenced in federal court for conspiracy to commit wire fraud and identity theft targeting elderly retired Florida school district employees' 401(k) retirement accounts between January and March 2022. The conspirators, including a retirement specialist with inside access to personal information, fraudulently withdrew approximately $1.1 million from 25 different accounts, some belonging to deceased individuals, with sentences ranging from 6 months to 87 months in federal prison. The scheme involved creating fake withdrawal forms, processing them through the company's system, and laundering the stolen funds through various bank accounts.
tampafp.com
· 2025-12-08
Five individuals were sentenced in federal court for conspiring to defraud retirement accounts of elderly and retired Florida school district employees between January and March 2022. Ringleader Ronald Vargas, a retirement specialist, exploited his position to access personal information of retirees and deceased individuals, which he provided to accomplices who created fraudulent withdrawal requests; the scheme targeted 25 different 401(k) accounts and resulted in a net loss of $1.1 million. The defendants received sentences ranging from 6 months to 87 months in federal prison, with Floyd Bostic receiving the longest sentence for his role as money launderer.
nypost.com
· 2025-12-08
A Cambodia-based gang with North Korean ties operated the Huione Group, which facilitated "pig butchering" romance scams and other cyber fraud against Americans, stealing at least $4 billion between August 2021 and January 2025. The scammers used dating apps, social media, and professional networking sites to pose as romantic interests or business contacts, convincing victims to invest in cryptocurrency or transfer funds for fake business ventures. The U.S. Treasury Department announced a proposed rule to sever Huione's access to the American financial system, with one victim, Beth Hyland, losing $26,000 after being manipulated into sending bitcoin payments through ATMs to a Nigeria
bankingjournal.aba.com
· 2025-12-08
The Financial Crimes Enforcement Network (FinCEN) targeted Cambodian firm Huione Group as a primary money laundering concern, proposing to cut off its access to U.S. correspondent accounts. Huione Group allegedly served as a key conduit for laundering billions of dollars stolen from Americans through romance scams, investment fraud, cyber heists linked to North Korea, and other cybercrimes perpetrated by Southeast Asian criminal organizations.
timesofindia.indiatimes.com
· 2025-12-08
A North Korea-linked Cambodian organization called Huione Group fraudulently obtained over $4 billion from US citizens between August 2021 and January 2025 through romance scams and "pig butchering" investment schemes on dating and professional networking platforms, with $37 million supporting North Korean cyber operations. The organization facilitated criminals in targeting US pensioners and other victims by posing as romantic interests or investment professionals on social media, convincing them to invest in cryptocurrency before stealing their funds. Federal authorities announced enforcement measures including proposed Treasury regulations to block Huione's access to US financial systems, citing the company's failure to maintain proper anti-money laundering protocols.
wiscassetnewspaper.com
· 2025-12-08
Lincoln County Sheriff's Office documented 29 fraud cases in 2024 with potential losses of $452,356 to local residents, with romance and family emergency scams accounting for the highest losses at $222,780, followed by technical support scams at $94,300 and cryptocurrency fraud at $55,000. Detective Jared Mitkus reported a recent spike in grandparent/bail scams (March 2025), including two cases where victims lost $63,000 total to couriers collecting cash at their homes, and emphasized that legitimate bail commissioners and law enforcement never collect bail payments in person. Law enforcement advises victims to verify emergency calls by directly contacting the family member