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macaubusiness.com
· 2025-12-08
Thailand's Prime Minister Paetongtarn Shinawatra nearly became a victim of an AI-powered voice impersonation scam in which fraudsters mimicked a foreign leader's voice in phone messages claiming to seek her cooperation and requesting a donation. She identified the scam when a follow-up text message requested money be sent to a bank account outside Thailand, recognizing the request as inconsistent with legitimate diplomatic communication. The incident highlights the prevalence of sophisticated "call centre scams" in Thailand that use voice impersonation and robocalls to target high-profile individuals and the general public.
bangkokpost.com
· 2025-12-08
True Corporation is partnering with the Royal Thai Police to establish a joint "War Room" at police headquarters to combat call centre scams targeting Thai citizens. The initiative will integrate data from both organizations to identify and dismantle criminal networks using Simbox devices, irregular call patterns, and fraudulent SMS schemes through AI technology and advanced analytics. True Corporation has also implemented stricter SIM registration procedures, deployed the "True CyberSafe" alert system, and established a specialized fraud prevention team, while police launched the Cyber Check app to help the public verify suspicious phone numbers and bank accounts.
saga.co.uk
· 2025-12-08
Investment scams cost UK victims over £612 million in 2023, with people aged 55-64 being disproportionately targeted and losing more than £133 million collectively; the average loss per victim was £25,000, though some lost significantly more. Scammers exploit older adults by targeting those with disposable income and leveraging fears about retirement, inheritance tax, and social care, often attempting multiple frauds against the same victims. Red flags include unsolicited contact, promises of unrealistic returns, and pressure to make quick decisions, with experts advising victims to seek independent financial advice before investing.
bernama.com
· 2025-12-08
Two women in Pahang were defrauded of RM327,829.36 by scammers impersonating police officers and Bank Negara Malaysia officials. A 66-year-old retail shop owner lost RM216,175.88 after being convinced she had legal issues and instructed to transfer funds from multiple accounts for an "investigation," while a 62-year-old retired teacher lost RM111,653.48 through 17 transactions after being told she had unpaid credit card charges. Police advised the public to verify suspicious claims directly with authorities rather than responding to unsolicited calls.
newsweek.com
· 2025-12-08
A 53-year-old French woman was scammed out of approximately $850,000 by someone impersonating Brad Pitt in a romance scam that began in 2023 through Facebook and continued over several years. The scammer used AI-generated images, love poems, and false claims about needing money for cancer treatment and bank access issues to manipulate the victim into sending increasingly large sums, leading her to eventually divorce her husband. The case highlights the growing threat of AI-enabled fraud, with Brad Pitt's representatives warning the public not to respond to unsolicited celebrity contact, as the actor maintains no verified social media accounts.
wltx.com
· 2025-12-08
A 53-year-old French woman lost her life savings of $850,000 to scammers posing as Brad Pitt through fake social media accounts, AI-generated images, and WhatsApp messages, who claimed the actor needed money for medical treatment. After revealing her story on French television, she faced severe online harassment and mockery, prompting the network to withdraw the interview to protect the vulnerable victim. The case illustrates how artificial intelligence has increased the sophistication of romance scams, with the FTC reporting over $1 billion in romance scam losses affecting 64,000 Americans in 2023 alone.
dailysabah.com
· 2025-12-08
A 53-year-old French woman lost her life savings of 830,000 euros ($850,000) to scammers impersonating Brad Pitt through fake social media accounts, WhatsApp, and AI-generated images, who convinced her they were in a romantic relationship and needed money for medical treatment. Brad Pitt's representative warned fans against responding to unsolicited online contact and noted that the actor has no official social media presence, while experts highlight that AI technology has increased the risk of identity theft and romantic fraud schemes. Similar scams targeting other women using Pitt's identity have been reported in Spain, with five suspects arrested in September 2024.
abc7chicago.com
· 2025-12-08
A Chicago hair stylist lost $20,000 in the "phantom hacker" scam, in which fraudsters impersonated a Bank of America representative, warned her of suspicious account activity, and convinced her to wire money to a "protected" account for safekeeping. The FBI reports this scam is growing rapidly and notes that scammers use phone number spoofing to appear as legitimate banks, with victims unlikely to recover funds once they authorize transfers. Legitimate financial institutions never ask customers to move money elsewhere, and consumers should remain skeptical of unsolicited calls claiming fraudulent activity.
scmp.com
· 2025-12-08
A 53-year-old French woman lost €830,000 (US$850,000) in life savings to romance scammers who impersonated Brad Pitt through fake social media accounts, WhatsApp, and AI-generated images, convincing her they were in a romantic relationship and prompting her to divorce her husband. The fraudsters claimed Pitt needed money for medical treatment and had frozen bank accounts due to divorce proceedings. Pitt's representative warned fans not to respond to unsolicited online contact from the actor, who maintains no active social media presence.
cnet.com
· 2025-12-08
"Brushing" scams involve criminals sending unexpected packages containing inexpensive items and QR codes to victims' addresses; when scanned, these codes direct recipients to fake websites designed to steal sensitive information like credit card numbers and Social Security numbers, or the packages are used to generate fake positive reviews for third-party sellers. Victims should avoid scanning QR codes, file fraud reports with retailers, monitor their credit reports, and update passwords if compromised. The scam puts recipients at risk of identity theft and reveals their personal information to criminals, even if they keep the free items.
vanguardngr.com
· 2025-12-08
Thailand's Prime Minister Paetongtarn Shinawatra narrowly avoided falling victim to an AI-based voice impersonation scam in which fraudsters used deepfake technology to mimic a foreign leader's voice in phone messages and voice clips. She became suspicious when a follow-up message falsely claimed Thailand was the only ASEAN country that hadn't made a donation, and a subsequent text message requested a bank transfer outside Thailand. The incident highlights the growing sophistication of call center scams in Thailand, where fraudsters commonly impersonate government officials, police, or bank staff using automated robocalls and AI-generated voices.
svalleynow.com
· 2025-12-08
The Marion County Sheriff's Department warned the public about a sophisticated caller ID spoofing scam targeting debit card holders. A scammer posed as a bank fraud department representative, using a spoofed caller ID matching the victim's bank, citing suspicious out-of-state charges, and requesting the victim's PIN number under the guise of card deactivation—a request legitimate banks never make. The victim avoided financial loss by refusing to provide the PIN and contacting their bank directly, which confirmed they would never request such information and canceled the card as a precaution.
taipeitimes.com
· 2025-12-08
In the fourth quarter of last year, Taiwan reported NT$37.19 billion (US$1.23 billion) in fraud losses, with investment scams accounting for 56.9 percent of total losses and affecting 1,242 victims, predominantly women over 50 (516 cases). Criminals used social media advertisements and messaging apps to recruit victims into fake investment groups, while romance scams and impersonation schemes targeting bank/government officials also contributed significantly to losses, with victims taking 2 months to 2 years to discover they had been defrauded.
koreajoongangdaily.joins.com
· 2025-12-08
The South Korean government warned the public against an anticipated surge in text message scams (smishing) ahead of the Lunar New Year holiday, launching a 24-hour monitoring system in response. Common scams include messages impersonating public institutions demanding vehicle fine payments, fake holiday gift notifications, fraudulent tax refunds, and QR code scams ("quishing") that distribute malicious apps. Between 2022-2024, authorities reported 2.72 million smishing cases, with 59.4% impersonating public institutions and a growing number targeting elderly individuals through fake financial institution requests.
timesnownews.com
· 2025-12-08
A 60-year-old Bengaluru man lost Rs 2.8 crore in November-December 2024 after scammers posing as Citibank representatives contacted him via WhatsApp and sent him a free Redmi smartphone and SIM card, claiming he needed to update his phone number to activate a credit card. Once the victim set up the compromised device and entered his banking details, pre-installed malware allowed the fraudsters to clone his sensitive information, bypass security measures, and transfer the funds without authorization. The article advises never trusting unsolicited device offers, avoiding sharing banking details with unknown callers, being cautious of WhatsApp communications from
investopedia.com
· 2025-12-08
The IRS Criminal Investigation unit uncovered over $9.1 billion in tax fraud and financial crimes in 2024, with scams expected to peak during the 2025 tax-filing season. Common tactics include scammers impersonating IRS agents or tax preparers to claim taxpayers owe additional taxes or are due larger refunds, with threats of arrest or requests for bank details to steal information. Retired taxpayers and those nearing retirement are frequent targets, and experts recommend taking time to verify communications and avoiding pressure from scammers rather than responding immediately.
sooleader.com
· 2025-12-08
The Michigan State Police Alpena Post issued a warning about rising online and phone scams, noting that the FBI's Internet Crime Complaint Center received 880,418 complaints with losses exceeding $12.5 billion in 2023. Common scams reported locally include computer antivirus pop-up scams requesting financial information or remote access, and threatening extortion emails demanding payment via bitcoin or gift cards. The MSP advised citizens never to make payments through cash apps or gift cards to unknown sources, never share banking information over the phone, and never click links in suspicious emails.
express.co.uk
· 2025-12-08
Beauty expert Molly fell victim to a sophisticated Amazon account scam in which a caller impersonating an Amazon fraud team member placed multiple iPhone 16 orders in her basket to establish credibility, then requested a one-time verification code to "close" her account—a tactic designed to gain unauthorized access. After the scammer hung up mid-call, the fraudulent orders disappeared, forcing Molly to cancel all her bank cards and change her passwords as a precaution. The incident highlights how scammers can manipulate even security-conscious individuals by exploiting trust and urgency, prompting wider awareness among social media users who shared similar experiences.
huffpost.com
· 2025-12-08
Nearly 70,000 people reported romance scams to the FTC in 2022, losing a total of $1.3 billion with an average loss of $4,400. A notable case involved a French woman who lost €830,000 ($865,000) to a scammer impersonating Brad Pitt over an 18-month period, who used AI-generated images of the actor in a hospital to convince her he needed money for cancer treatment. The article advises families to watch for warning signs like sudden mood changes or secretive behavior in loved ones, and recommends approaching suspected victims with gentle questions rather than accusations, as confrontation can actually strengthen the scammer's control over
press-herald.com
· 2025-12-08
A call forwarding scam targets banking customers by impersonating financial institutions and tricking victims into activating call forwarding codes (*72 or *401) that redirect incoming calls to scammers, who then intercept sensitive account information. To protect against this increasingly common fraud, consumers should never enter forwarding codes on unsolicited calls, avoid sharing account information over the phone, verify caller identity independently, monitor accounts for suspicious activity, and hang up and call their bank directly using trusted contact information when something seems suspicious.
arynews.tv
· 2025-12-08
A 60-year-old IT expert in Bengaluru lost Rs90 million (approximately Rs28 million according to conversion noted in the article) after falling victim to a free mobile phone scam where he purchased a SIM card to receive a "free" phone that was pre-loaded with malware and spyware. The scammer used the infected device to steal the victim's banking credentials, OTPs, and passwords, then drained his accounts—a fraud he only discovered when his bank called to alert him.
nwmissourinews.com
· 2025-12-08
Scammers impersonating Evergy electric utility have targeted Nodaway County residents since January, calling from cloned numbers and threatening immediate service disconnection unless customers purchase prepaid cards from Walmart to pay bills. Evergy warns that legitimate utility companies never demand immediate payment through gift cards, prepaid cards, or other untraceable methods, and advises customers to verify calls by contacting the company directly and avoiding suspicious links and emails. The scams particularly target vulnerable populations including elderly customers, and victims should report fraud to their bank and the utility company immediately.
abc7ny.com
· 2025-12-08
A Queens woman lost $700,000 in a gold bar scam after criminals installed malware on her computer and impersonated federal agents, convincing her that her bank accounts were hacked and she was under surveillance. The scammers manipulated her over two months through emails, phone calls, and texts, first draining her checking account with a $20,000 cash drop-off, then instructing her to purchase gold bars and coins from a Jackson Heights store in three separate transactions totaling nearly $700,000. The Nassau County District Attorney has arrested at least one alleged courier involved in this scam, which is occurring across the country.
express.co.uk
· 2025-12-08
Scam calls impersonating HMRC have increased by 84% since December, with fraudsters using automated messages in American-accented voices to threaten taxpayers with legal action and financial penalties ahead of the self-assessment deadline. Victims reported receiving intimidating calls claiming incorrect tax returns or demanding immediate payment, with scammers becoming aggressive when questioned. HMRC has warned the public never to share login details with unsolicited callers and provided red flags to identify fraudulent communications, noting that HMRC will never threaten legal action or arrest via voicemail.
teltarif.de
· 2025-12-08
Fraudsters are conducting "quishing" scams on classifieds websites, where they contact sellers posing as buyers and send QR codes that appear to link to secure payment confirmation but actually redirect to phishing sites designed to steal credit card information. One seller lost €5,000 after scanning a malicious QR code while attempting to sell a laptop case. Consumer groups advise verifying payment procedures independently, scrutinizing websites before entering sensitive information, contacting banks immediately if compromised, and reporting fraudulent activity to platforms and authorities.
express.co.uk
· 2025-12-08
Lloyds Bank is warning customers never to share one-time passcodes, passwords, or activation codes, as fraudsters are impersonating bank staff over the phone to steal account access and funds. Criminals use stolen personal details to appear legitimate and employ tactics like claiming they need codes to cancel fraudulent payments or secure accounts, though legitimate banks never request such information unsolicited. The warning comes as unauthorized fraud losses reached £358 million in the first half of 2024, with cases rising 19% year-on-year to over 1.5 million incidents.
mustsharenews.com
· 2025-12-08
A 65-year-old retired woman in Singapore was scammed out of S$100,000 by criminals posing as Shopee customer service, a bank employee, and a Monetary Authority of Singapore officer during a four-hour phone call on January 9. The scammers claimed her bank account was involved in money laundering and instructed her to transfer funds to a digital bank account to "protect her funds," ultimately leading to two unauthorized transfers of S$75,000 and S$25,000 from her account. The woman made a police report and took precautionary measures after her niece intervened and ended the call, though the funds had already been transferred out.
trinidadexpress.com
· 2025-12-08
A 72-year-old grandmother from Sangre Grande was reported missing after traveling to Brazil to meet a man posing as the Crown Prince of Dubai via Facebook and WhatsApp in a romance scam; the same week, a French interior decorator lost €830,000 to someone impersonating Brad Pitt. Romance scams exploit victims' emotional needs for connection and intimacy through careful trust-building, with scammers using fabricated stories to request money; in Trinidad and Tobago alone, over 100 people lost more than $2.3 million to suspected romance scams between 2020 and 2021.
justice.gov
· 2025-12-08
Robert Powell, 23, of Indianapolis, was sentenced to 79 months in federal prison for armed robbery of a U.S. Postal Service mail truck in June 2022 and for operating a "card cracking" fraud scheme. Powell robbed a postal worker at gunpoint, stole mail containing checks, and used social media to recruit victims to share their bank account information so he could deposit altered stolen checks and quickly withdraw the funds. The scheme defrauded countless victims before Powell's arrest through investigation by U.S. Postal Inspectors and the Avon Police Department.
wsoctv.com
· 2025-12-08
Over $1.03 trillion was lost to scams globally in 2024, with scammers increasingly using artificial intelligence, imposter tactics, and evolving technology to deceive victims. Key emerging threats include AI-powered phishing, deepfake videos, and voice cloning, alongside traditional imposter scams (including grandparent and romance scams) where median losses reached $800-$14,740 depending on the scam type. Scammers are shifting from phone calls to email and text messages as their primary contact method, making it essential for people to remain skeptical of unsolicited communications.
boston25news.com
· 2025-12-08
Scams and fraud losses reached over $1.03 trillion globally in 2024, with scammers increasingly leveraging new technology to evolve their tactics. Key emerging threats for 2025 include AI-powered scams (using deepfakes, AI-generated images, and synthetic voices to enhance phishing and imposter schemes), traditional imposter scams (including grandparent and romance scams, with median losses of $800 in 2023 and $14,740 for government imposter scams), and a shift toward email and text-based contact methods rather than phone calls. Learning about these developments helps potential victims stay ahead of scammers who aim to steal personal information
digit.in
· 2025-12-08
A 25-year-old woman in Coimbatore lost Rs 10 lakh in September when scammers posing as FedEx and cybercrime authorities threatened her with a "digital arrest" via a fake Skype video call, coercing her to transfer money under the pretense of verification. The fraudulent bank accounts were linked to similar scams across Gujarat, Maharashtra, Karnataka, Delhi, and Kerala, leading authorities to arrest key suspect Gopi Kumar, 42, in South Delhi, though his associates remain at large.
moneywise.com
· 2025-12-08
A 74-year-old senior in Lynwood, Washington lost $624,711 in life savings to a gold bar scam after responding to a fake Charles Schwab pop-up and being manipulated by scammers posing as federal agents who convinced her to liquidate investments and convert them to gold bars, which she handed over in a parking lot. The suspect, 42-year-old Zhichao Huang, was extradited from Los Angeles to face charges, and investigators suspect the scheme may be part of a larger fraud ring, as the FBI reported over $55 million in similar gold bar scam losses between May and December 2023. To protect themselves, seniors
fortune.com
· 2025-12-08
Criminals are increasingly using artificial intelligence and deepfakes to commit fraud, with consumers losing over $10 billion to fraud in 2023—a 14% increase from the previous year. Notable incidents include a $25 million deepfake video call scam targeting a Hong Kong firm employee and widespread AI-powered phishing schemes that bypass traditional detection systems. Experts project fraud losses could reach $40 billion in the U.S. by 2027 if current trends continue, with investment scams and imposter scams being the most prevalent threats targeting bank customers.
buzzfeed.com
· 2025-12-08
Nearly 70,000 people reported romance scams to the FTC in 2022, losing $1.3 billion collectively with an average loss of $4,400; a notable case involved a French woman who lost €830,000 ($865,000) to a scammer impersonating Brad Pitt over 1½ years, who used AI-generated images of the actor in a hospital to claim he had kidney cancer and needed money. The article advises family members to watch for sudden mood changes and secretive behavior in loved ones, avoid victim-blaming, and approach conversations with curiosity rather than accusations, since scammers often prepare victims to expect such criticism from their social
farrer.co.uk
· 2025-12-08
The UK Information Commissioner's Office (ICO) has published guidance encouraging private organizations—including banks, telecommunications providers, and digital platforms—to share personal data responsibly for fraud prevention and detection purposes, clarifying that data protection law should not be used as an excuse to avoid such sharing. The guidance provides practical recommendations including conducting Data Protection Impact Assessments, establishing clear data sharing agreements, identifying lawful bases for sharing, and implementing safeguards, while balancing fraud prevention efforts with UK GDPR compliance. This comes amid rising costs of authorized push payment (APP) fraud and increased cross-industry collaboration to combat scams through shared information about known or suspected fraudsters.
uk.news.yahoo.com
· 2025-12-08
A 74-year-old Washington senior lost $624,000 in life savings to a gold bar scam orchestrated by 42-year-old Zhichao Huang, who was extradited from California to face charges. The scam followed a common pattern: a fake pop-up mimicking Charles Schwab prompted the victim to call a number, where an imposter claiming to be a federal agent convinced her to liquidate stocks and retirement accounts into gold bars, then collect them in a parking lot under false pretenses. Between May and December 2023, the FBI reported over $55 million in losses from similar gold bar scams targeting seniors nationwide, with investigators susp
police.boston.gov
· 2025-12-08
The Boston Police Department warns that cryptocurrency scams are rising significantly, with losses in Boston alone expected to exceed $9 million in 2024 and anticipated to grow further in 2025. Common schemes include investment fraud promising guaranteed returns, blackmail and extortion demanding crypto payments, and imposter scams where fraudsters pose as banks, government agencies, or employers to trick victims into transferring funds. To protect themselves, residents should verify investment opportunities through official sources, never share crypto wallet information, be skeptical of unsolicited contacts and social media ads, and report suspected fraud to authorities or the Federal Trade Commission.
consumerreports.org
· 2025-12-08
A 70-year-old widow in Santa Clara County, California lost $25,000 in a spoofing scam when a caller impersonating a Wells Fargo fraud department representative used her personal information to gain her trust and extract banking details. Over 90 minutes, the scammer obtained her account password and transaction information, then changed her contact number and authorized a fraudulent wire transfer while keeping her distracted on the phone. Scammers increasingly use spoofed caller IDs, personal data obtained from the dark web, and AI deepfakes to impersonate trusted institutions and individuals, making verification of legitimate contacts and independent confirmation essential protection strategies.
darkreading.com
· 2025-12-08
Scammers in Namibia are using deepfake videos and impersonation of former First Lady Monica Geingos to perpetrate investment scams, particularly forex trading schemes, targeting vulnerable victims including at least one woman who lost her retirement savings. Similar impersonation scams featuring political figures and celebrities are widespread across Africa, exploiting limited law enforcement resources and cross-border criminal operations that are difficult to track and prosecute.
rmoutlook.com
· 2025-12-08
A Barrhead man lost $200,000 to an online investment fraud impersonating Mark Cuban, while another victim lost $20,000 in a CRA impersonation scam demanding gift card payments. RCMP warned seniors about multiple circulating scams including cryptocurrency fraud, government impersonation, gift card extortion, and family emergency schemes, noting that recovered funds are rare and scammers use spoofed caller IDs and personal information to appear legitimate.
kjzz.org
· 2025-12-08
Scammers impersonating bank representatives targeted at least four Yavapai County, Arizona residents, instructing them to withdraw funds and deposit them into new accounts under the false premise that their accounts were compromised. Victims who fell for the scheme lost an average of $25,000 each, though one woman was prevented from becoming a victim when an alert bank teller recognized the scam while the caller was still on the phone. Authorities recommend that anyone receiving such calls contact their bank directly to verify whether their account has actually been compromised.
townandcountrymag.com
· 2025-12-08
In 2023, multiple high-profile fraud cases emerged involving sophisticated impersonation schemes: a Hermès heir reported a $13 billion fortune missing, Elvis Presley's estate discovered Graceland nearly sold at auction after a woman forged loan documents and signatures, and an Arup engineering employee wired $25 million to fraudsters using deepfake technology to impersonate company executives. The article highlights how modern scammers exploit advancing technology—including AI-generated voices and deepfakes—to impersonate authority figures, family members, and trusted individuals, with experts predicting AI-generated fraud could reach $40 billion by 2027. Recommended protections include establishing family
coinbase.com
· 2025-12-08
Cybercriminals are increasingly targeting cryptocurrency owners through social engineering scams, with scams causing $4.6 billion in losses across the crypto industry in 2023. Threat actors impersonate legitimate companies like Coinbase via unsolicited texts and phone calls, using publicly available personal information to appear credible while tricking victims into transferring funds to fraudulent self-custody wallets. The article advises users to ignore unsolicited communications, never share seed phrases or personal information with callers, and recognize that legitimate financial institutions will never request fund transfers or sensitive information via phone.
12news.com
· 2025-12-08
Arizona banking customers are experiencing a surge in sophisticated tech scams, with victims losing hundreds of thousands of dollars to fraudsters who use alarming text messages about account fraud to trick people into revealing account credentials. The Better Business Bureau also reports a spike in romance scams ahead of Valentine's Day, with victims averaging $126,000 in losses per person in early 2024, typically initiated through social media or dating websites with warning signs including rapid friendships, quick money discussions, and reluctance to video chat. Banks emphasize that contacting financial institutions within 24 hours of suspected fraud is critical, as scammers typically transfer funds overseas quickly, making recovery difficult after that window closes.
newsweek.com
· 2025-12-08
Scammers have been sending phishing text messages impersonating the IRS to request personal information from taxpayers in exchange for Economic Impact Payments (up to $1,400), though the IRS automatically deposits these payments without requiring any action or personal data from recipients. The fraudulent texts aim to trick victims into disclosing sensitive information such as Social Security numbers, bank account details, and passwords, which can lead to identity theft and financial fraud. Taxpayers should be aware that legitimate IRS payments arrive automatically via bank deposit or paper check with an accompanying official letter, and the IRS never requests personal information via unsolicited text messages.
justice.gov
· 2025-12-08
A federal jury convicted two Indian nationals, Pranay Kumar Mamidi (27) and Kishan Vinayak Patel (26), of money laundering conspiracy tied to a "phantom hacker scam" that defrauded victims across four states of their life savings between May and November 2023. In this scam, perpetrators impersonated bank employees, FTC agents, and DEA special agents to trick victims—particularly elderly—into withdrawing savings and surrendering cash or gold bars at drop-off locations, with investigators estimating tens of millions of dollars laundered through the U.S.-based operation directed by co-conspirators in India. Six additional co-conspi
theguardian.com
· 2025-12-08
This educational article outlines common fraud tactics and prevention strategies, emphasizing that scammers use urgency and panic to manipulate victims into sharing financial or personal information quickly. Key advice includes: taking time to verify requests before acting, being cautious of online shopping deals and "Hi Mum" impersonation scams on social media, scrutinizing emails for subtle fraudulent indicators, and hanging up on unexpected calls to verify identities independently.
wisbusiness.com
· 2025-12-08
With Valentine's Day spending projected to reach nearly $26 billion, the Better Business Bureau warns consumers about four common scams: impostor websites offering counterfeit jewelry and fake dating platforms, romance scams targeting vulnerable individuals who can lose thousands of dollars, wrong number text scams designed to harvest personal information, and fake florist schemes that deliver nothing or substandard arrangements. Consumers should watch for red flags such as extreme discounts, requests for cash transfers or cryptocurrency, fast-moving relationships, and unverifiable business credentials, and should report suspected scams to BBB.org/ScamTracker.
hometownstations.com
· 2025-12-08
A federal jury in Ohio convicted two Indian nationals, Pranay Kumar Mamidi (27) and Kishan Vinayak Patel (26), of money laundering conspiracy for their role in distributing proceeds from phantom hacker scams that defrauded victims across four states of their life savings from May to November 2023. In these scams, victims are contacted by fraudsters posing as customer service representatives, FTC agents, and DEA officials who trick them into withdrawing cash or gold bars under false pretenses of account fraud investigations, with the laundered funds estimated in the tens of millions of dollars. Both defendants face up to 20 years in prison per count, an