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thecooldown.com
· 2026-05-17
An international law enforcement operation led by the FBI, Dubai Police, and China's Ministry of Public Security has dismantled a major "pig butchering" cryptocurrency scam network, resulting in 276 arrests, the shutdown of nine scam centers, and the freezing of over $701 million in laundered funds. The scams targeted Americans through fake investment platforms, often beginning with friendly or romantic contact before manipulating victims into transferring money to fraudulent crypto accounts, sometimes even borrowing from loved ones to invest more. To protect yourself, be wary of unsolicited investment offers, especially from people you've recently met online, and verify any investment platform's legitimacy through official regulatory channels before sending money.
yahoo.com
· 2026-05-17
An international law enforcement operation led by the FBI, Dubai Police, and China's Ministry of Public Security has dismantled a major "pig butchering" cryptocurrency scam network, resulting in 276 arrests, the closure of 9 scam centers, and the freezing of over $701 million in laundered crypto assets. The scheme targeted Americans through fake investment platforms, using romantic or friendly contact to build trust before manipulating victims into sending money to fraudulent crypto accounts, with some victims even borrowing from family and friends. To protect yourself, be extremely cautious of unsolicited investment offers from people you meet online, verify investment platforms through official channels before sending money, and never send funds to crypto wallets or accounts you cannot independently verify.
mexc.com
· 2026-05-17
A US law firm is attempting to seize over $344 million in Tether stablecoins linked to Iranian entities to satisfy unrelated legal judgments, though blockchain investigators say this strategy unfairly delays restitution to actual fraud and hack victims. Myanmar's military government has proposed an extreme anti-fraud law including life sentences and death penalties for cryptocurrency scams, targeting the widespread "pig-butchering" schemes where trafficked workers are forced to operate fake investment platforms along the country's borders. The US Senate Banking Committee has advanced the CLARITY Act, a regulatory framework for digital assets and altcoins, moving it toward a full Senate vote after processing over 100 amendments.
poststar.com
· 2026-05-17
A Queens man was arrested for stealing over $3,000 from an elderly Saratoga County resident by instructing them to mail cash to a Bronx address under the pretense of it being "evidence" in a fraud investigation. The scam is part of a broader pattern of elder fraud targeting seniors in the region. Elderly residents should be cautious of unsolicited calls or requests for cash, and should verify any claims directly with official agencies before sending money.
foxnews.com
· 2026-05-16
Scammers are sending fraudulent text messages impersonating the California DMV to trick people into paying fake traffic violation fees, using urgent language and official-looking links to pressure quick action. The texts contain several red flags, including coming from a Philippine phone number (+63), using generic greetings like "Dear Driver" instead of personal information, and linking to fake websites rather than legitimate government domains. To protect yourself, ignore unsolicited traffic violation texts, verify any notices directly through official government websites or phone numbers, and never click links or provide payment information from unsolicited messages.
theguardian.com
· 2026-05-16
Scammers are increasingly targeting wealthy athletes through sophisticated schemes ranging from phishing and AI-enabled cyberattacks to fraud by trusted advisers, making sports fraud a billion-dollar criminal enterprise. Notable cases include Shohei Ohtani's interpreter stealing $17 million for gambling debts and an investment adviser defrauding NBA players of $5 million through unauthorized transfers and inflated insurance sales. Athletes and fans attending major sporting events are advised to be cautious with ticket purchases, verify communications from trusted contacts independently, and carefully vet financial advisers and inner-circle members handling their money.
outlooknewspapers.com
· 2026-05-16
Seniors across the country are increasingly falling victim to sophisticated fraud schemes, with losses reported by adults 60 and over skyrocketing from $600 million in 2020 to $2.4 billion in 2024, according to the FTC. Scammers use tactics like fake dating profiles, romance scams, and "pig butchering" schemes (where they build trust over months before tricking victims into depositing money into fraudulent cryptocurrency platforms) to exploit vulnerable older adults. To protect yourself, be cautious of unsolicited messages on dating apps and social media, avoid sharing financial information with online contacts you haven't met in person, and verify investment opportunities through official channels before sending money.
tradingview.com
· 2026-05-16
Myanmar's military government has proposed an Anti-Online Fraud Bill that would impose sentences ranging from ten years to life in prison, and potentially the death penalty, for cryptocurrency fraud and online scamming—with the harshest penalties targeting those responsible for deaths in scam centers that exploit victims into committing fraud. The law represents one of the world's toughest responses to digital currency crime and comes as Southeast Asia has become a hub for sophisticated scam operations (including romance scams and fake investment schemes) that have victimized people globally and prompted coordinated international crackdowns. To protect yourself, remain vigilant about unsolicited investment opportunities, romantic advances from online strangers, and requests for cryptocurrency payments, and verify any financial opportunity through official channels before committing money.
wbay.com
· 2026-05-16
Scammers in Winnebago County, Wisconsin are escalating their tactics by showing up in person at residents' homes, posing as federal agents, police officers, or IRS officials to demand payment for fines or pose as couriers. Victims of all ages have lost significant sums to these in-person scams as well as online schemes like identity theft, cryptocurrency cons, and romance scams, with some cashing out entire retirement accounts. The sheriff's office urges residents to verify any claims by closing the door, calling local authorities to confirm legitimacy, and exercising caution even when dealing with someone face-to-face, since physical presence can make scams seem more credible.
x.com
· 2026-05-16
Older Americans lost over $4.8 billion to fraud in 2024, with seniors being commonly targeted through tech support scams, romance scams, phishing messages, and fake investment opportunities. The FBI emphasizes that awareness and open communication between seniors, families, and caregivers are critical for prevention. People concerned about elder fraud can learn more about prevention strategies from the FBI's website.
thestandard.com.hk
· 2026-05-16
A Hong Kong retiree lost over HK$25 million in an elaborate cryptocurrency scam orchestrated over a year, where fraudsters posing as financial professionals convinced the victim to invest in USDC and then tricked them into authorizing a fake website to drain their digital wallet. Hong Kong police have recorded over 80 similar online investment fraud cases recently and warn the public to be extremely cautious about downloading unfamiliar wallet applications or being asked to link wallets to unfamiliar websites through a wallet's browser. To protect yourself, verify the legitimacy of financial professionals directly with established institutions, never download apps or access websites based solely on a stranger's instructions, and immediately report suspicious banking activity to your bank.
transylvaniatimes.com
· 2026-05-16
In 2025, moving scams affected thousands of consumers, with over 120,000 inquiries and 723 complaints filed with the Better Business Bureau, resulting in a median loss of $532 per victim. Common scams include missing items, surprise price hikes, and companies holding goods hostage until additional payments are made. To protect yourself, thoroughly research moving companies before hiring them and verify their credentials with the BBB.
foxnews.com
· 2026-05-15
Scammers are using a "silent voicemail scam" where people receive voicemail notifications without their phones actually ringing, often with no audio content in the messages. The tactic confirms that phone numbers are active and in use, making them targets for future scams, while hoping victims will call back out of curiosity. To protect yourself, avoid returning calls to unknown numbers, use your carrier's call-blocking features, mark suspicious voicemails as spam, and consider registering with the Do Not Call Registry.
news.usps.com
· 2026-05-15
yahoo.com
· 2026-05-15
Americans lost $3.5 billion to imposter scams in 2025, with fraud schemes ranking as the top complaint for the ninth year running, according to the Federal Trade Commission. The surge was driven by criminals posing as government agencies—particularly fake highway toll collection texts—and romance scammers who build trust before stealing money. To protect yourself, avoid clicking links or calling numbers in suspicious texts; instead, contact your state's toll agency directly through verified channels, and be cautious of online relationships that eventually lead to requests for money or investment help.
vocal.media
· 2026-05-15
Romance scammers are targeting people through dating apps and social media, building trust over weeks before convincing victims to invest in fake cryptocurrency schemes, often resulting in thousands of dollars in losses. Experts are urging victims to report these scams immediately because criminals quickly move stolen cryptocurrency through multiple exchanges and laundering channels, making the money nearly impossible to trace within hours. If you suspect you're being scammed, report it right away to law enforcement and fraud reporting platforms rather than waiting—delays significantly reduce the chances of recovering stolen funds.
floridatrend.com
· 2026-05-15
Florida seniors lost over $388 million to fraud in 2024, with the state reporting nearly 12,000 scam complaints from people age 60 and up—second only to California. Many cases go unreported due to embarrassment or lack of awareness, meaning the actual financial toll is likely much higher. A West Palm Beach AI startup called Jortty is addressing this problem by offering seniors a free or paid service ($19.99/month) that analyzes suspicious emails and text messages in real-time to detect scams, while also providing tech support.
abc12.com
· 2026-05-15
Michigan Attorney General Dana Nessel is warning seniors and their families about scams targeting older adults, noting that over 100,000 older Michiganders fall victim to fraud and exploitation annually. Common warning signs include unsolicited urgent requests, pressure to act quickly, requests for payment via gift cards, and offers that sound too good to be true, with prevalent scams including grandparent emergencies, tech support fraud, and investment schemes. Seniors are advised to block unwanted calls, never share personal information with unexpected callers, and contact authorities if they suspect they've been targeted.
finance.yahoo.com
· 2026-05-14
Financial scams are becoming increasingly sophisticated and targeting seniors at alarming rates, with the Federal Trade Commission reporting that from 2020 to 2024, reports of older adults losing at least $10,000 to scams increased fourfold, and those losing $100,000 or more increased sevenfold. Seniors are particularly vulnerable because fraudsters believe they have substantial savings, and many victims don't report the crimes due to embarrassment, creating a false sense of low risk for scammers. To protect yourself, stay vigilant about recognizing warning signs of scams and be proactive in verifying any unsolicited financial requests before responding.
phillymag.com
· 2026-05-14
Financial scams are surging across Philadelphia and nationwide, with reported losses hitting $16.6 billion in 2024, using increasingly sophisticated methods like fake text messages impersonating bosses or government agencies to trick people into purchasing gift cards or clicking malicious links. Victims aren't necessarily careless—scammers use stolen data from past breaches and AI technology to make their schemes more convincing and targeted. To protect yourself, experts recommend staying skeptical of unexpected requests (especially those demanding urgency), verifying requests through official channels by calling the organization directly, and being cautious about sharing personal information online.
cnbc.com
· 2026-05-14
Capital One is suing unknown operators of large-scale robocall and telemarketing scams that impersonate the bank and its Discover subsidiary to trick customers into confirming transactions or revealing personal information. The lawsuit uses trademark infringement law as a strategy to gather evidence and trace the scammers through the legal discovery process. Imposter scams like these are the most common fraud complaint in the U.S., with over 1 million reports and $3.5 billion in losses last year, so consumers should be cautious of unexpected calls claiming to be from their bank and verify callers directly using official phone numbers.
abc15.com
· 2026-05-14
Americans lost $2.1 billion to social media scams in 2025, with Facebook being the primary platform where scammers targeted people through fake investment schemes and deceptive shopping ads. Investment scams were the costliest category at $1.1 billion, while shopping scams were most common, with people tricked into buying non-existent products advertised on social media. To protect yourself, be skeptical of investment opportunities and shopping ads from unknown sellers on social media, verify seller legitimacy before making purchases, and report suspicious accounts to the platform.
myupnow.com
· 2026-05-14
Michigan Attorney General Dana Nessel warns that over 100,000 older adults in the state are victims of fraud and exploitation annually, highlighting common scam tactics including unsolicited urgent requests, pressure to act immediately, demands for personal information or unusual payment forms, and threats or promises that sound too good to be true. Seniors and their families should protect themselves by blocking unwanted calls, refusing to share personal or financial information with unexpected contacts, and being suspicious of urgent requests, secret communications, or vague offers. Common scams targeting Michigan seniors include grandparent emergency scams, phishing schemes, investment romance scams, and artificial intelligence fraud.
mercurynews.com
· 2026-05-13
Older adults are losing billions of dollars to increasingly sophisticated scams, with fraud losses rising from $600 million in 2020 to $2.4 billion in 2024, according to federal data. Seniors are targeted because they often have retirement savings and assets, plus may be less familiar with evolving technology like AI-powered voice mimicry and phishing schemes. Experts advise older adults and their families to be cautious of urgent requests for money, verify caller identities through independent contact information, and stay skeptical of unsolicited communications—especially those creating emotional pressure.
whec.com
· 2026-05-13
A DoorDash driver in Rochester lost $950 to scammers who called her pretending to be from DoorDash, claiming her delivery order involved a stolen credit card, then instructed her to withdraw cash and purchase mobile banking cards at Walgreens. The scam targeted her while she was working and exploited her trust in what appeared to be a legitimate call from her employer. To protect yourself: DoorDash warns drivers never to follow instructions from unsolicited calls claiming to be from the company, and you should always hang up and contact DoorDash directly through official channels if you receive such a call.
forbes.com
· 2026-05-13
Imposter scams posing as the IRS and other government agencies have nearly doubled in reported losses to $797 million in 2025, with scammers using AI to create convincing fake emails, texts, and calls that exploit people's fear and urgency. A new threat involves fake QR codes mimicking legitimate IRS notices that direct victims to fraudulent websites to steal banking information. To protect yourself, remember that the IRS never initiates contact via text, email, or phone asking for payment or banking details—instead, directly access your IRS account online or contact the IRS through official channels, and be wary of any request for payment via gift cards.
kjrh.com
· 2026-05-13
AI-powered scams stole nearly $900 million from Americans last year and are rapidly growing as scammers use artificial intelligence to create increasingly convincing fraud—including fake dating profiles, deepfake videos, and realistic ads—with average losses more than doubling to over $2,000 per victim. Experts recommend staying vigilant this summer by questioning unsolicited contacts, verifying requests through official channels, and being skeptical of deals that seem too good to be true, especially as online shopping and travel bookings increase. The FBI has now flagged AI-enabled scams as a distinct category, warning that these "supercharged" frauds are harder to detect than ever, so consumers should take time to verify authenticity before sharing personal information or money.
jdsupra.com
· 2026-05-13
Scammers are increasingly targeting retirement plan participants through sophisticated schemes like fake cryptocurrency investments promoted on social media, where they build trust before stealing large sums—a 58-year-old Michigan woman recently lost part of her 401(k) this way. Plan sponsors and providers have a fiduciary responsibility to protect participants beyond just managing investments, which means providing meaningful fraud education, monitoring for suspicious withdrawal patterns, and warning participants that legitimate investments never require urgency, secrecy, or QR code payments via messaging apps.
smartasset.com
· 2026-05-12
Millions of seniors are targeted by financial scams annually, with the U.S. Treasury identifying $27 billion in suspected elder financial exploitation in a single 12-month period, as scammers increasingly use phishing and impersonation tactics through digital banking and communication channels. SmartAsset analyzed 2024 Federal Trade Commission data to identify which states have the highest rates of reported fraud against people age 60 and older and found that phishing scams, business imposter fraud, and government imposter fraud are among the most common methods used. Seniors should remain vigilant about unsolicited communications claiming to be from banks or government agencies, verify requests through official channels before sharing information, and report suspected fraud to the FTC.
courthousenews.com
· 2026-05-12
Zhao Wang, a Chinese national, was sentenced to 12 years in prison for leading a sophisticated international scam that defrauded over 2,000 elderly Americans of $27 million between 2021 and 2023. The scheme used fake refunds, technical support scams, and impersonation tactics via phone calls and emails to trick victims into sending cash and wire transfers to addresses in Southern California and Nevada, where accomplices used fake IDs to collect the money. Seniors should be wary of unsolicited refund offers, requests to wire money or mail cash, and should verify any claims directly with official institutions by calling known phone numbers rather than using contact information provided by callers.
forbes.com
· 2026-05-12
In 2025, consumers reported 3 million fraud cases resulting in $15.9 billion in losses, with fraud rising 430% since 2020, according to government data. Scammers primarily contact victims through text messages and social media, relying on urgency to pressure people into giving up money. To protect yourself, remain skeptical of unsolicited financial requests and take time to think carefully before making any financial decisions.
bez-kabli.pl
· 2026-05-12
Binance reported that its AI security systems blocked $10.53 billion in attempted cryptocurrency fraud over 15 months, catching over 22.9 million scam attempts in just the first quarter. Crypto scams have become increasingly sophisticated, using deepfake videos, synthetic voices, and AI-generated malware rather than simple phishing tactics, with impersonation scams surging over 1,400% in 2025 and generating significantly higher payouts for criminals who use AI tools. To protect themselves, users should enable all available security features on exchanges, be skeptical of unsolicited messages or help desk requests, and verify identities through official channels rather than clicking links in messages.
waff.com
· 2026-05-11
As summer travel season begins, scammers are increasingly targeting vacationers through rental fraud, fake booking websites, and phishing schemes, with real estate and rental fraud costing travelers an estimated $1.5 billion in 2024. The Better Business Bureau warns travelers to avoid clicking links for suspiciously cheap rental deals on social media, book directly with verified properties rather than unfamiliar third-party sites, and always pay with credit cards instead of debit cards for better fraud protection. Additionally, travelers should be cautious of unsolicited text messages asking for personal information like flight numbers, as legitimate airlines will never request such details via text.
wfmd.com
· 2026-05-11
Data brokers expose retirees to significant fraud risk even after they attempt to remove their personal information, because hundreds of data broker companies operate across the U.S. and opting out from one site like Spokeo doesn't remove your data from others. Retirees are particularly vulnerable because their decades of public records, property ownership, and family connections make them attractive targets, and many believe their manual opt-out efforts provide full protection when they only offer temporary coverage on limited sites. To stay safer, people should understand that data brokers continuously pull updated information from public records and will relist removed information within weeks or months, requiring ongoing, repeated opt-out efforts rather than one-time actions.
foxnews.com
· 2026-05-10
Data brokers operate hundreds of websites that compile and sell personal information like names, addresses, phone numbers, and estimated net worth—primarily targeting retirees with decades of public records. Many people mistakenly believe that opting out of one or two data broker sites like Spokeo or Whitepages fully protects them, but the hundreds of other data brokers still have their information, and even sites they've opted out of often relist data within weeks as public records refresh. To stay protected, retirees should opt out of multiple data broker sites and understand that removal is an ongoing process, not a one-time fix, to prevent their information from being used in scams that can cost tens of thousands of dollars.
dailystandard.com
· 2026-05-10
Law enforcement officials in Auglaize County warned residents about a significant rise in scams, driven by alarming national trends: the FBI received over 1 million fraud complaints in 2025, with phishing, extortion, and investment schemes topping the list, and cyber crimes cost Americans nearly $21 billion overall. Seniors aged 60 and older were hit particularly hard, reporting $7.7 billion in losses—a 37% jump from the previous year—with cryptocurrency and AI-related scams proving especially costly. Residents are urged to stay vigilant against phishing attempts, verify investment opportunities carefully, and be cautious of unsolicited communications, particularly if you're over 60.
savingadvice.com
· 2026-05-10
Scammers are increasingly using fake QR codes—a tactic called "quishing"—to trick people into visiting malicious websites that steal personal and financial information, often by placing these codes in everyday locations like parking lots, restaurants, and utility bills. Seniors and smartphone users are particularly vulnerable because they tend to scan QR codes without questioning them, and the hidden destination cannot be seen before scanning. To protect yourself, experts recommend carefully inspecting QR codes before scanning, verifying they're from legitimate sources, and being especially cautious with unexpected codes in public spaces or unsolicited packages.
mexc.com
· 2026-05-10
Tether, the company behind the world's largest stablecoin USDT, froze over $514 million in cryptocurrency across 370 addresses in just 30 days, according to blockchain data, as part of enforcement actions against suspected fraud, money laundering, and other illicit activities. The freezing activity has accelerated significantly, with Tether immobilizing approximately $3.3 billion across thousands of addresses over the past three years, and most frozen funds are permanently destroyed rather than returned. For crypto users, this demonstrates that stablecoin issuers can unilaterally freeze funds linked to suspicious activity, so it's important to use reputable exchanges, verify transaction details carefully, and be aware that holding assets in centralized platforms carries counterparty risk.
mexc.com
· 2026-05-10
Tether, a major cryptocurrency company, has frozen over $514 million in USDT tokens across 370 wallets in the past month—with nearly $1.26 billion frozen across thousands of addresses throughout 2025—primarily targeting suspected illegal activities including sanctions evasion and pig butchering scams (a fraud scheme where victims are manipulated into sending money under false pretenses). Once frozen, these funds are rarely recovered, with only 3.6% of blacklisted addresses being unfrozen, and many funds are permanently destroyed. Users should be cautious with cryptocurrency transactions and verify the legitimacy of investment opportunities and counterparties, as Tether's enforcement actions suggest significant fraud and illicit activity in the crypto space.
lancasteronline.com
· 2026-05-10
forbes.com
· 2026-05-09
Imposter scams—where fraudsters pretend to be trusted entities like the IRS, businesses, or loved ones—have ranked as the #1 scam for nine consecutive years, with the FTC receiving over one million reports in 2025 and losses jumping nearly 20% to $3.5 billion. Government imposter scams surged 40%, particularly fake toll collection messages sent via text that create false urgency to pressure victims into immediate payment through gift cards, wire transfers, or cryptocurrency. To protect yourself, never respond to unsolicited messages demanding payment; instead, contact the relevant agency directly using official phone numbers or websites to verify any claims before taking action.
abc15.com
· 2026-05-09
Scammers are sending increasingly convincing phishing emails claiming you have a new voicemail, using AI to make them look more authentic and harder to detect. These emails prey on people's concern about missing important calls by using vague subject lines and encouraging recipients to click suspicious links that may contain malware or lead to phone numbers used for fraud. To protect yourself, avoid clicking links in unexpected voicemail notifications, especially if you haven't signed up for the service, and verify any voicemail alerts by contacting your phone provider or email service directly.
buffalobulletin.com
· 2026-05-09
Digital scams are becoming increasingly sophisticated and prevalent in Sheridan, with police reporting major losses including an $80,000 and $16,000 scam already in May alone. Residents are being targeted by various schemes including grandparent scams, bank impersonation, and tech support fraud, with scammers using fear and urgency as their primary tactic. Police advise anyone receiving aggressive or urgent demands over the phone to hang up immediately, as legitimate organizations will never pressure you to act instantly.
postandcourier.com
· 2026-05-09
Scammers steal an estimated $7 billion annually from seniors, with those living with dementia facing heightened vulnerability due to memory and judgment impairment. The Alzheimer's Foundation of America is promoting S.A.F.E. tips—including solidifying security practices, applying blocking tools, and other protective measures—to help caregivers safeguard their loved ones from fraud and identity theft. Families should keep written reminders near phones and computers, use call-blocking technology, and regularly reinforce safety practices to help dementia patients recognize and resist scams.
thestar.com
· 2026-05-09
Canadians lost $63 million to romance scams in the past year, with scammers creating fake profiles on dating apps and social media to gain victims' trust before requesting money for fabricated emergencies, often leaving people financially devastated and deeply emotionally wounded. The scams disproportionately affect vulnerable populations, including older adults, and can result in victims losing their homes, accumulating new debt, and experiencing shattered trust. The article calls on major tech companies to implement stronger protections on their platforms to prevent these predatory schemes.
wrdw.com
· 2026-05-09
Scammers are increasingly using artificial intelligence to create convincing fake emails, text messages, and websites that are difficult to spot, making fraud harder to recognize than ever before. However, consumers now have AI tools available to fight back—such as integrating scam detection into the AI chatbot Claude or using free websites like Scamwise.com to analyze suspicious messages and determine if they're fraudulent. Security experts recommend using these tools as a helpful resource, but caution against pasting sensitive personal information like passwords or Social Security numbers into chatbots, and remind users that AI can still occasionally make mistakes.
foxnews.com
· 2026-05-08
A major international law enforcement operation has resulted in 276 arrests and shut down multiple cryptocurrency fraud networks that targeted Americans and stole millions of dollars through romance scams and fake investment schemes. The coordinated effort involved the DOJ, FBI, and international partners who dismantled at least nine scam centers operating like organized businesses across multiple continents. To protect yourself, be wary of unsolicited romantic advances or investment opportunities on social media and messaging apps—scammers typically build trust gradually before shifting conversations toward cryptocurrency "investments," a tactic known as "pig-butchering."
pymnts.com
· 2026-05-08
The Federal Trade Commission is warning consumers about imposter scams that cost Americans $3.5 billion in 2025, with two main types being text messages demanding payment for unpaid tolls and online romance scams where fake love interests request money. These scams, which have topped FTC fraud reports for nine consecutive years, affected over 1 million consumers who reported losses. To protect themselves, consumers should verify toll payment requests by contacting their state's toll agency directly and should never send money to people they've never met in person, especially when online acquaintances suddenly ask for financial help or investment opportunities.
wbaltv.com
· 2026-05-08
With World Cup ticket prices soaring into the thousands, the Federal Trade Commission is warning fans about scams targeting eager buyers who may be deceived by fraudulent sellers or artificially low prices. To stay safe, purchase tickets only through official channels like FIFA.com or verified resellers such as StubHub and Ticketmaster Resale, verify websites use "https://" with a security lock, and always pay with a credit card for fraud protection. If you suspect you've been scammed, immediately contact your bank, report it to the FTC and your state attorney general, and monitor your accounts for unauthorized activity.
mexc.com
· 2026-05-08
In 2025, approximately $17 billion was stolen globally through cryptocurrency scams, with impersonation scams (like romance investment schemes) growing over 1,400% year-over-year. Despite victims often believing their losses are irreversible, law enforcement agencies like the FBI and local sheriffs' offices have successfully recovered millions in stolen cryptocurrency—including a Florida case where $450,000 was recovered for a victim who hadn't even filed a police report. If you've lost cryptocurrency to fraud, the article advises filing a police report immediately and contacting law enforcement, as recovery is increasingly possible, while also warning against "recovery scam" services that prey on victims a second time.