Search
Explore the Archive
Search across 19,276 articles about elder fraud. Filter by fraud type, payment mechanism, or keywords.
3,874 results
in Investment Fraud
cdispatch.com
· 2025-12-08
A woman in New Hope became the victim of a romance scam after sending her entire life savings ($20,000) via FedEx to an online boyfriend who did not actually exist. Lowndes County Sheriff Eddie Hawkins highlighted this case while warning the public about multiple prevalent scams, including phone spoofing schemes impersonating the sheriff's office, utility companies, and government agencies, as well as employment, cryptocurrency, lottery, and tech support scams. Hawkins emphasized that scammers are sophisticated professionals and advised victims to hang up and call official numbers directly rather than staying on suspicious calls.
rnz.co.nz
· 2025-12-08
Doreen and her husband lost approximately $100,000 in a revictimization scam after being contacted by someone claiming to recover their previous investment losses. The scammer convinced them they had substantial funds ($66,000, $280,000, and $500,000+) locked in accounts that required cryptocurrency payments for taxes and fees to access, and instructed them not to discuss the scheme with anyone—a major red flag. Netsafe officials advise that victims should only work through banks or police for fund recovery, not through third parties, and that revictimization scams targeting prior fraud victims are increasingly common.
capecodtimes.com
· 2025-12-08
Thomas Clasby, the fired director of Quincy's Elder Services Department, was indicted on federal charges of embezzling public funds between 2019 and 2024, including approximately $17,644 spent on personal items such as a framed self-portrait, steak tips, music studio recordings, and a Toyota Prius, plus $38,000 funneled through a consulting company owned by a friend. Clasby also allegedly stole cash receipts from the Kennedy Center where Elder Services operated, betraying the trust of vulnerable seniors he was sworn to serve. He pleaded not guilty and faces up to 20 years in prison, potential fines totaling $750
nbcboston.com
· 2025-12-08
Tom Clasby, former director of elder services for Quincy, Massachusetts, was indicted on federal charges of embezzlement, mail and wire fraud, and transporting stolen property for stealing tens of thousands of dollars in city funds between 2019 and 2021. His personal expenditures included $8,950 for a music studio recording session, $2,236 for 153 pounds of steak tips, $4,800 for a Toyota Prius, and $1,658 for a framed self-portrait, along with arranging a fraudulent $38,000 consulting contract that funneled money back to him through cash handoffs at rest stops an
odt.co.nz
· 2025-12-08
Doreen, in her late 70s, lost approximately $100,000 to a recovery scam after initially losing small amounts in previous investment fraud. A scammer called claiming to recover her earlier losses and convinced her and her husband that they had access to accounts containing $66,000, $280,000, and $500,000 in their names, requiring them to pay cryptocurrency fees to unlock these funds. The scammer instructed them not to tell anyone (a major red flag), obtained access to their computer and digital wallet, and continued attempting to extract additional funds even after they cut contact in late December.
7news.com.au
· 2025-12-08
Former TV host David Koch's image was used without permission in a fraudulent investment scam that convinced victim Allison to lose $250,000. The article reports that fake celebrity-endorsed investment advertisements have defrauded over 600,000 Australians as part of a multi-billion-dollar scam industry, with scammers increasingly using AI-generated deepfakes to impersonate celebrities and create fake endorsements. NAB warns that common red flags include unexpected contact, artificially created urgency, and celebrity or expert endorsements, particularly on social media platforms.
rnz.co.nz
· 2025-12-08
Doreen, a woman in her late 70s, lost approximately $100,000 in a revictimization scam after initial investment fraud losses. A caller claiming to help recover her previous losses convinced her that dormant investments worth $66,000 to $500,000+ existed in her name, requiring cryptocurrency payments for taxes and fees; she and her husband transferred funds in $20,000 chunks via cryptocurrency exchange and granted the scammer access to their digital wallet. The scammer, who instructed them to hide the scheme from family and others, continued contacting them even after they cut off contact in late December, demonstrating how revictimization scams exploit previous frau
deltapolice.ca
· 2025-12-08
In September 2024, Operation DeCloak—a joint effort between Delta Police and blockchain analytics company Chainalysis—identified over 1,100 cryptocurrency fraud victims worldwide, including numerous Canadians, with estimated losses of $35 million CAD across 240 examined crypto addresses. The investigation revealed a growing tactic called "approval phishing," where scammers deceive victims via social media and investment schemes into approving malicious blockchain transactions that drain their digital wallets. Following the workshop, DPD successfully applied these techniques to recover $800,000 USD in stolen cryptocurrency from Canadian victims while working to identify additional affected individuals and seize funds for restitution.
greybullstandard.com
· 2025-12-08
Scams are becoming increasingly frequent, sophisticated, and successful, with law enforcement reporting a notable uptick in impostor scams where criminals pose as government officials or law enforcement to threaten arrest and extort money—one Big Horn County resident lost over $20,000 in such a scheme. Scammers employ phishing techniques to harvest personal information from victims and social media, using these details to make fraudulent requests appear legitimate and to impersonate targets for additional scams. The FBI reported that online fraud complaints doubled from 2019 to 2023 (467,361 to 880,418 complaints) with financial losses exceeding $12.5 billion, and authorities advise
independent.co.uk
· 2025-12-08
In 2024, nearly one in five UK consumers fell victim to scams, with purchase scams averaging £650 in losses and investment scams significantly higher at £15,564 per claim. The top reported scams included fake deliveries, HMRC impersonation, purchase fraud, and romance schemes, with the majority originating on social media platforms where AI-enabled tactics are making scams increasingly difficult to identify. Experts stress that consumers feel overwhelmed by evolving scam methods and call for cross-industry collaboration to combat fraud, while recommending people avoid disclosing personal details, verify company contacts, and resist pressure to make quick decisions.
independent.co.uk
· 2025-12-08
In 2024, nearly one in five UK consumers fell victim to scams, with purchase scams averaging £650 in losses while investment scams were significantly costlier at an average of £15,564 per claim. The top reported scam types included fake deliveries, HMRC impersonation, purchase scams, online marketplace fraud, and WhatsApp "Hello Mum" messages, with the majority originating on social media platforms. Experts emphasize that consumers should protect themselves by avoiding disclosure of personal details, verifying company identities, and resisting pressure to make quick decisions or payments.
therakyatpost.com
· 2025-12-08
Between 2020 and 2024, Malaysians lost RM11.23 billion to scams, with cases increasing 53.2% from 27,323 to 41,701 annually, according to Malaysia's Commercial Crime Investigation Department. Phone scams were the most prevalent fraud type with 14,684 cases in the last year, followed by e-commerce scams (7,662 cases) and fake investment schemes (6,337 cases). In response, authorities prosecuted 40.3% of cases and the Malaysian Communications and Multimedia Commission blocked 3.1 billion suspected scam calls as of December 2024.
ottawa.citynews.ca
· 2025-12-08
Ontario Provincial Police reported that scammers in the east region are using multiple fraud schemes, including a recent case where a business employee was manipulated into withdrawing cash and depositing it into a Bitcoin machine in Peterborough. The top scams targeting the region include cryptocurrency investment fraud ("get rich quick" schemes), bank investigator fraud, romance scams, and identity theft/phishing attacks, with Canadians losing an estimated $638 million to fraud in 2024, though actual losses are likely much higher due to significant underreporting.
newsregister.com
· 2025-12-08
This opinion column discusses the widespread problem of consumer fraud in America and globally, noting that the FTC estimated over $10 billion in U.S. consumer fraud in 2024 while worldwide losses exceeded $1.03 trillion. The piece highlights that elderly people are particularly vulnerable due to their trust, but cautions that even cautious individuals can fall victim to increasingly sophisticated scams involving AI deepfakes, impostor schemes, romance fraud, and investment fraud. The author emphasizes that people should be vigilant about sharing personal information, clicking suspicious links, and falling for phishing emails, as scams can cause life-altering financial damage within hours.
theglobeandmail.com
· 2025-12-08
In June 2021, a Toronto woman lost approximately $355,000 in a romance fraud scheme after being befriended on Facebook by a man posing as "Moshe Theodor McNigh" who convinced her to invest in bitcoin through a fraudulent website; the scammer was later identified as Nigerian national Omonkhoa Precious Afure and arrested by Nigerian authorities, resulting in the recovery of $225,000 in December 2021. Romance fraud represents the second-highest-grossing scam type in Canada with $37.2 million in reported losses as of September 2024, characterized by perpetrators grooming vulnerable victims over weeks or months, building trust, an
whec.com
· 2025-12-08
The New York State Attorney General's Office is pursuing legal action against scammers who sent text messages to job seekers offering fake remote work positions as a front to steal cryptocurrency. The scheme defrauded New Yorkers into purchasing Stablecoins under the false promise of compensation for reviewing products on fake websites, with one victim losing over $100,000; authorities have frozen $2.2 million in cryptocurrency and are seeking to recover funds and impose penalties on the perpetrators.
koaa.com
· 2025-12-08
A Pueblo man encountered a fake job scam on Facebook advertising remote work for major retailers like Costco and Best Buy, where he earned $96 in a virtual wallet for reviewing products before being told he needed to invest $60-$80 to withdraw his earnings. The incident exemplifies "task scams" identified by the Federal Trade Commission, where fraudsters build trust with small initial payouts before demanding upfront fees with promises of larger returns. Key warning signs of employment scams include unrealistic salaries, vague job descriptions, lack of video interviews, requests for personal information, and demands for upfront fees or unusual payment methods.
wbur.org
· 2025-12-08
Judith Boivin, an 80-year-old Maryland retiree, lost $600,000 of her life savings in an elaborate government impersonation scam in September 2023. Scammers posing as FBI and local police officers convinced her that her Social Security number was being used for drug trafficking and money laundering, then persuaded her to withdraw her retirement funds in cash under the guise of assisting a federal investigation. This case exemplifies a broader trend of sophisticated scams targeting well-meaning Americans, particularly those with caregiving backgrounds and strong civic values.
substack.com
· 2025-12-08
Thomas F. Clasby, Jr., former Director of Quincy's Department of Elder Services, was indicted for embezzlement, mail and wire fraud, and interstate transportation of stolen property after allegedly misappropriating city funds for personal expenses from 2019 through April 2024. Clasby billed the city for numerous personal purchases totaling tens of thousands of dollars, including $8,950 for music studio recording, $2,236 for steak tips, $4,800 for a Toyota Prius, and $1,658 for a self-portrait, falsely categorized as departmental expenses. The case represents a significant breach of trust within the city's elder services department
justice.gov
· 2025-12-08
Jennifer Lynn Horton, 49, of Kentucky, was sentenced to 30 months in federal prison for wire fraud after stealing over $1.1 million from her employer, a family-owned contracting company in Indiana, between 2016 and 2022. Using her position as office manager, Horton inflated her salary by $515,000, fraudulently added her husband to payroll for $107,000, redirected customer credit card payments totaling hundreds of thousands of dollars to her personal account, and misused company credit cards for personal purchases including vehicles and a house. She concealed the theft by manipulating payroll data and accounting records, and was ordered to forfeit four vehicles an
witf.org
· 2025-12-08
The Pennsylvania Association of Community Bankers and credit union representatives are advocating for new legislation to protect seniors from elder financial abuse, citing tech support scams, romance scams, and investment frauds as prevalent threats. They are urging updates to Pennsylvania's Older Adults Protective Services Act to mandate reporting of suspected elder financial abuse and allow banks to place temporary holds on suspicious transactions while notifying law enforcement and aging agencies. The groups emphasize that trained bank employees can serve as critical safeguards against financial exploitation of older adults.
dailyexcelsior.com
· 2025-12-08
**Article:** Rahul Dogra - 2025 Cyber Scams in India
This article outlines emerging sophisticated scams in India driven by AI and deepfake technology, including KYC/bank scams where fraudsters impersonate officials to steal sensitive information, job fraud schemes demanding upfront fees for non-existent positions, and digital arrest scams using intimidation tactics to extort settlement payments. Additional scams target elderly individuals through medical emergencies and fake insurance, electricity bill scams threatening service disconnection, and romance scams, with prevention advice emphasizing direct verification with official sources, avoidance of unsolicited links, and independent research before sharing personal
floridapolitics.com
· 2025-12-08
Gift card scams remain a prevalent fraud method in which scammers impersonate authority figures (like bosses) via spoofed emails using social engineering tactics, requesting victims purchase gift cards and share the codes. The article highlights that while gift card schemes typically involve smaller amounts (hundreds of dollars), related scams like wire transfer fraud and fake vendor invoices can result in losses reaching hundreds of thousands or millions, with recent examples including a University of Central Florida incident and U.S. Treasury hacking allegedly by Chinese government actors. Protection strategies include verifying requests through independent phone numbers, using two-factor authentication, strong passwords, and advanced threat protection tools.
tuko.co.ke
· 2025-12-08
Kenya's Computer Misuse and Cybercrimes Act of 2018 addresses five types of online scams: investment scams (fake high-return schemes), phishing emails (impersonating legitimate entities), online romance scams (fraudsters building trust to solicit money), fake e-commerce deals, and SIM swap fraud (unauthorized mobile number takeovers). Authorities emphasize that while legal protections exist, vigilance through verification of legitimacy, strong passwords, two-factor authentication, and immediate reporting to the DCI Cybercrime Unit remain essential defenses against increasingly sophisticated cybercriminals targeting Kenyans.
newslj.com
· 2025-12-08
This article compiles multiple elder fraud alerts and prevention tips: A Wyoming resident received an extortion email falsely claiming malware access (a common scare tactic), while another fell victim to a phishing email impersonating Microsoft to steal account credentials. The Identity Theft Resource Center predicts cybercrime will surge in 2025 due to reduced government resources and increased AI exploitation, while identity fraud cost Americans $43 billion in 2023—with veterans particularly vulnerable, losing $477 million that year to service-focused scams. Key prevention measures include verifying sender identities, avoiding suspicious attachments and links, using strong passwords with multi-factor authentication, and monitoring credit reports regularly.
newindianexpress.com
· 2025-12-08
Hyderabad police arrested 23 persons, including a 60-year-old woman operating an NGO, for involvement in 359 cybercrime cases across India. The primary case involved Kamlesh Kumari, who siphoned Rs 1.90 crore from a 70-year-old victim through unauthorized transactions and used her NGO's bank account for illegal financial activities; authorities froze the stolen funds after the victim reported the fraud. Additional arrests included individuals involved in a Rs 2.95 crore trading fraud targeting investors in fake schemes.
kenyans.co.ke
· 2025-12-08
On January 10, Kenyan detectives arrested 14 suspects involved in a Ksh174 million (approximately $1.34 million USD) gold scam targeting a US businessman. The arrests followed weeks of surveillance and a raid in Nairobi's Lavington area, where authorities seized documents, stamps, and seals used in the fraud scheme, along with evidence of 2,820 kg of gold that had been smelted between March and May of the previous year. The investigation also implicated two US citizens and a Congolese accomplice who were separately arrested and charged with conspiracy and obtaining money by false pretenses.
goldrushcam.com
· 2025-12-08
The Kern County Sheriff's Office warned residents of a phone scam in which callers impersonate law enforcement (claiming to be "Sergeant Youngblood") and demand electronic payments via gift cards or bitcoin to resolve alleged warrants, missed court appearances, or jury duty violations, threatening arrest if payment is not made. The scammers use spoofing technology to display the Sheriff's Office callback number and may pressure victims to visit the Sheriff's Office afterward. The Sheriff's Office clarified that legitimate law enforcement never requests payment over the phone and that warrant arrests are made in person, not via phone calls.
thestar.com.my
· 2025-12-08
A senior citizen in Ipoh lost approximately RM974,000 in an investment scam after being recruited through Facebook and added to a WhatsApp group promoting a fake "Nasional Malaysian Finance Management Association." The victim was deceived into downloading a fraudulent app (PGLO.PRO) that promised 20% returns and made 16 transactions before discovering the scheme's non-existence. Police advise the public to verify investment opportunities through official regulatory bodies like the Securities Commission, Bank Negara, and Companies Commission before investing.
voi.id
· 2025-12-08
Hackers commonly exploit Telegram and other messaging apps to steal personal information and bank account details through various scams, including technical support fraud, phishing, fake investment schemes, counterfeit job postings, malicious links, lottery scams, and copycat accounts impersonating legitimate companies or individuals. Users are vulnerable even on secure platforms like Telegram if they fail to verify the authenticity of message sources. Key prevention measures include avoiding clicking suspicious links, not providing personal information to unverified contacts, and being skeptical of unsolicited offers promising easy money or employment.
thestar.com.my
· 2025-12-08
Authorities warn that scammers use multiple tactics year-round to defraud victims, including "pig butchering" investment scams where perpetrators gain trust before stealing money (with one recent case involving a 66-year-old who lost $170,000 to a fake Facebook investment banker), AI-generated travel scams that have increased 500-900% and use fake websites and phishing, and utility scams where fraudsters impersonate companies like PG&E to demand immediate payment, causing customers over $334,000 in losses in 2024 alone. Experts recommend verifying suspicious offers directly with companies, avoiding clicking unknown links, paying attention to detail inconsistencies
newsbreak.com
· 2025-12-08
On January 9, 2025, Tulare Police arrested 28-year-old Hailong He in connection with an investment scam that defrauded an elderly victim of $130,000. The suspects posed as a trading company and used a fictitious phone application to convince the victim to invest money, arranging in-person cash pickups at his home and pressuring him for an additional $90,000 under false pretenses of account closure fees. Police conducted surveillance and apprehended the suspect during a planned third transaction, charging him with Financial Elder Abuse, Theft Under False Pretenses, and Grand Theft.
scmp.com
· 2025-12-08
Scam factories operating in Myanmar's Myawaddy region, run primarily by Chinese crime gangs, have expanded operations along the Thai border despite rescue efforts and international pressure. These compounds use trafficked workers to perpetrate tens of billions of dollars in annual fraud globally through romance scams, investment schemes, and fake job offers via phone and social media, operating with impunity under protection of the Myanmar military and Karen Border Guard Force. The issue was highlighted by the recent rescue of Chinese actor Wang Xing, who was lured to the area through a fraudulent casting call.
arynews.tv
· 2025-12-08
A 28-year-old software engineer in Bengaluru, India, lost Rs 1.2 crore (approximately $144,000 USD) in a "digital arrest" courier scam that began in December 2024 when she received a fraudulent call claiming she was involved in money laundering and had illegal items in a package. The scammer pressured her to transfer funds from her investments, borrowed money, and savings to verify her financial assets, promising a refund once her case was resolved, before disappearing with the funds. Police have opened an investigation into the case.
bethesdamagazine.com
· 2025-12-08
A 26-year-old Rockville man, Ravinklejeet Mathon, was sentenced to five years in prison for his role in a gold bar scam targeting a 94-year-old Silver Spring resident who nearly lost $230,000. Mathon posed as a federal agent, convincing the victim his identity had been stolen and directing him to purchase gold bars for safekeeping; detectives disrupted the scheme by substituting metal tools for the gold bars during a sting operation and arrested Mathon when he attempted to pick up the package. This was Montgomery County's first conviction in a local gold bar scam, and the case reflects a broader pattern of organized international fraud targeting elderly victims.
justice.gov
· 2025-12-08
This press release announces the resignation of U.S. Attorney Zachary A. Myers from the Southern District of Indiana, effective January 18, 2025. The release summarizes his office's accomplishments during his tenure, including prosecutions focused on gun violence, domestic abuser cases, and drug trafficking, but contains no information about elder fraud, scams, or elder abuse.
patriotledger.com
· 2025-12-08
"Smishing" scams falsely claiming unpaid tolls on Massachusetts toll roads (E-ZPass/EZDriveMA) have increased since January, with scammers sending text messages to randomly selected phone numbers requesting payment via fraudulent links. The Massachusetts Department of Transportation warns that legitimate EZDriveMA communications never request payment by text and all authentic links include www.EZDriveMA.com; victims should not click links, verify accounts directly through official websites, and report fraudulent messages to the FBI's Internet Crime Complaint Center.
justice.gov
· 2025-12-08
Three defendants—Gemma Traya Austin of Chula Vista and Michael Cris Traya Sordilla and Bryan Navales Tarosa of the Philippines—were charged with operating a book publishing scam that defrauded more than 800 elderly authors of approximately $44 million between September 2017 and December 2024. The scammers falsely represented that their company, PageTurner, could publish victims' books or sell them to major studios and streaming services, but demanded upfront payments for taxes and fees before any publication or optioning could occur. All three defendants face charges of conspiracy to commit mail and wire fraud and money laundering conspiracy, with
justice.gov
· 2025-12-08
Miranda Rachel Briggs, 34, of Georgia pleaded guilty to wire fraud after falsely claiming to be the surviving spouse of a deceased U.S. Army veteran to fraudulently obtain approximately $129,000 in VA benefits and medical care. Briggs had divorced the veteran before his death in 2018 but subsequently filed false claims with the VA and Civilian Health and Medical Program, and even had herself named administrator of his estate by misrepresenting her marital status. She faces up to 20 years in prison plus restitution and financial penalties upon sentencing.
wrhi.com
· 2025-12-08
**Summary:**
The IRS warns taxpayers to guard against evolving tax season scams including phishing emails, impersonation phone calls, identity theft, fake tax preparers, social media fraud, charity scams, and cryptocurrency schemes. Protection strategies include verifying IRS communications through official channels, protecting personal information, using legitimate tax professionals, and reporting suspicious activity to the IRS.
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.
justice.gov
· 2025-12-08
Mark Steven Diamond, a Chicago businessman, was sentenced to over 17 years in federal prison for defrauding more than 100 elderly homeowners through a reverse mortgage and home repair scheme in which he tricked them into obtaining reverse mortgage loans and pocketed the proceeds without performing promised repairs. Diamond was ordered to pay $2.7 million in restitution, and four co-conspirators involved in originating loans and facilitating the fraud also pleaded guilty to their roles in the scheme.
infosecurity-magazine.com
· 2025-12-08
Truth Social has become a hub for online scams including phishing, advance fee fraud, romance scams, and cryptocurrency investment fraud, with security researchers receiving over 30 scam messages within hours of creating a test account. A Central European threat actor alone distributed over 500 phishing messages impersonating brands like Netflix and Spotify to steal login credentials since March 2024, while the platform's large interest-based groups (some with 100,000+ members) enable scammers to target victims at scale with upfront payment requests ranging from $250 to $1,000. Social media scams broadly have generated $2.7 billion in reported losses since 2021, according to the
ein.az.gov
· 2025-12-08
The FBI warned that scammers exploit disasters and mass casualty events—such as the New Orleans terrorist attack and Los Angeles wildfires—by impersonating charitable organizations and celebrities to solicit fraudulent donations, sometimes using AI to increase legitimacy. In 2024, the FBI's Internet Crime Complaint Center received over 4,500 complaints reporting approximately $96 million in losses to fraudulent charities, crowdfunding accounts, and disaster relief campaigns. The FBI advises verifying charity legitimacy through official registries, being suspicious of urgent payment requests from unknown individuals, and avoiding unsolicited communications claiming to represent disaster victims.
justice.gov
· 2025-12-08
Former Rhode Island attorney Peter P.D. Leach was sentenced to 33 months in federal prison for operating a Ponzi scheme in which he forged client signatures, misappropriated settlement funds for personal expenses, and deceived clients about case status and payment of their bills between 2014-2019. Leach was also convicted of tax evasion for concealing over $540,000 in cash withdrawals from his client trust account and making false statements to the IRS. He was ordered to pay $299,774.41 in restitution to defrauded clients and an additional $320,622.76 in back taxes to the IRS.
bostonglobe.com
· 2025-12-08
The Boston Globe is seeking stories from Massachusetts residents aged 65 and older who have been victims of financial fraud, particularly schemes involving fake online romances or cryptocurrency ATM deposits. The publication is collecting accounts directly from victims and their families to understand the impact of these scams and has established confidential reporting channels through data reporter Scooty Nickerson and journalist Adria Watson.
iomtoday.co.im
· 2025-12-08
An Isle of Man Bank customer lost nearly £200,000 after fraudsters impersonated the bank's fraud team and convinced the victim to purchase gold and send it via mail to London; the scam succeeded because it coincided with the customer's genuine card problems, making the call seem legitimate. The Cyber Security Centre's report for late 2024 also documented additional fraud cases including a £200,000 cryptocurrency scam, sextortion attempts, smishing schemes, and fake Facebook travel offers, with 2,721 suspicious emails reported to authorities and recommendations emphasizing independent verification and family communication about financial matters.
bangkokpost.com
· 2025-12-08
Scammers created fake websites impersonating the Bangkok Post and CP Group senior chairman Dhanin Chearavanont to lure victims into investment fraud schemes, using doctored news content and social media posts promising high returns. Both organizations filed formal complaints with Thai police and reported the fraudulent accounts to Facebook, warning the public to avoid unverified financial advertisements and offering reporting hotlines for suspicious activity. The investigation is ongoing with evidence submitted to authorities demonstrating the scams were conducted by criminal groups unaffiliated with either organization.
bangkokpost.com
· 2025-12-08
Scammers created fake websites impersonating the Bangkok Post and CP Group's senior chairman Dhanin Chearavanont to perpetrate investment fraud schemes, using doctored news articles and social media posts to lure victims with promises of high returns. Both organizations filed formal complaints with Thai police and reported the fraudulent accounts to Facebook, warning the public to avoid unverified advertisements and financial offers. Victims are urged to contact the Cyber Police Hotline at 1441 or file reports with local police.
thestar.com.my
· 2025-12-08
Two senior citizens in Johor Baru lost approximately RM960,888 (nearly one million) to investment scams in late 2024 using identical methods: fraudulent mobile apps promising extraordinarily high returns. An 84-year-old businessman lost RM500,000 through the "DIGZAXXCE" app after joining a WhatsApp investment group offering 100% share returns, while a 61-year-old accountant lost RM460,888 through a fake Bitcoin platform called "PFOU" and app "UVKXE" that displayed phantom profits. Both victims discovered the fraud when attempting to withdraw funds or upon financial review, and authorities