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bbc.com
· 2025-12-08
Joseph Badu Boateng, a prominent Ghanaian businessman known as "Dada Joe Remix," was extradited to the United States on July 1, 2025, to face charges of wire fraud and money laundering for operating a romance and inheritance scam targeting elderly Americans. Between 2013 and March 2023, Boateng and his co-conspirators defrauded US victims of millions of dollars by falsely claiming to possess gold and jewels that required payment of taxes and fees to release. He is one of ten Ghanaians pursued by US authorities as part of a broader crackdown on transnational fraud schemes, with arrests coor
yahoo.com
· 2025-12-08
A Connecticut couple received a $111.50 toll fine from the New Jersey Turnpike Authority for travel they never made in their 1966 Mustang, becoming victims of "ghost car fraud"—a scam where criminals steal or duplicate license plates and place them on different vehicles to evade tolls. The couple's appeal was initially denied despite photo evidence showing a modern vehicle (not their classic Mustang) bearing their plates, but the charges were ultimately dismissed after media intervention. This scam is affecting multiple drivers across New York and New Jersey, with victims like Joanne Barbara and Walter Gursky racking up hundreds of dollars in fraudulent tolls and fines.
swlaw.com
· 2025-12-08
Timeshare scams in Los Cabos have become a sophisticated, organized fraud operation linked to Mexican transnational criminal organizations, targeting American and Canadian property owners with false promises of reselling, renting, or investing in timeshares. From 2019 to 2023, nearly 6,000 U.S. citizens reported losses totaling close to $300 million, though the FBI estimates actual losses are significantly higher due to underreporting. Scammers exploit victims through fake escrow accounts impersonating legitimate Mexican banks, fraudulent government correspondence, and high-pressure sales tactics creating artificial urgency to transfer funds to Mexico-based accounts.
echopress.com
· 2025-12-08
**More than 200 seniors attended the Alexandria Senior Expo on June 26, where law enforcement officials and banking professionals educated attendees on recognizing and preventing phone, internet, and mail-based scams.** The event, hosted by Triad (a partnership of Douglas County Senior Services, Sheriff's Office, and Alexandria Police), featured 30 vendor tables, breakout sessions, and a keynote speaker from the Minnesota Department of Commerce. Attendees shared personal experiences with scams, including a fake utility bill for $53.24, grandson scams, and tech support scams, highlighting the importance of discussing fraud experiences to help others avoid similar victimization.
timesofindia.indiatimes.com
· 2025-12-08
A multi-crore insurance scam in Uttar Pradesh's Sambhal district, involving policies fraudulently taken out in the names of terminally ill or deceased individuals across 12+ states, resulted in at least four murders committed to access insurance payouts—including the killing of a paralyzed man for a Rs 95 lakh policy and another victim for Rs 2.7 crore. Senior government officials, insurance regulators, and over 50 insurance companies convened to address systemic vulnerabilities, proposing reforms including stricter scrutiny of Section 45 (which restricts claim denials after three years), enhanced data sharing between insurers, real-time fraud detection systems
justice.gov
· 2025-12-08
Michael Jerome Wright and Cortney Lashea Young of Princeton, Indiana, were sentenced to 12 and 2 years in federal prison, respectively, for operating a mail theft and identity fraud scheme in 2023-2024. The pair stole hundreds of checks totaling $1,857,460.91 in face value by illegally using arrow keys to open USPS collection boxes, and investigators also discovered dozens of stolen credit and debit cards, personal identifying information, and illegal firearms including a "ghost gun" with automatic capabilities in their apartment.
justice.gov
· 2025-12-08
Evester Edd, 64, a former senior human resources employee for the Peace Corps, was arrested and charged with wire fraud, theft of government funds, and making false statements after a yearlong investigation revealed he simultaneously worked as both a federal employee and contractor while falsifying timecards to double bill the government for tens of thousands of dollars. The charges also include abusing his government computer access over 1,000 times to transmit sensitive Privacy Act information and making false statements during security clearance documentation and federal interviews regarding overseas contacts and payments to foreign nationals. Edd retired from federal service in December 2024 and faces up to 20 years in prison for wire fraud, 10
kmbc.com
· 2025-12-08
Wendy Hopkins, a 54-year-old Kansas woman, was charged on July 2, 2025, with 48 counts including identity theft, computer crime, theft, forgery, and mistreatment of an elder person in connection with an alleged fraud scheme at Rockhill Women's Care. Patients of the women's care center who experienced financial fraud between September 2022 and November 2023 are asked to contact law enforcement, though specific details about the victims and amounts stolen were not disclosed. Hopkins' bond was set at $500,000.
mlive.com
· 2025-12-08
Kaushalkumar Chaudhary, 30, from India, was sentenced to 63 months in federal prison for wire fraud targeting elderly and vulnerable victims, defrauding 14 people of over $500,000. Chaudhary acted as a "money mule" in a scheme where fraudsters posed as FBI agents and government officials, convincing victims their social security numbers had been stolen so they would convert their assets into cash, gold, and silver for "protection." He was arrested in August 2024 when police intercepted him attempting to collect gold and silver from a victim's home, and was ordered to pay $524,947 in restitution.
justice.gov
· 2025-12-08
Joseph Kwadwo Badu Boateng, a Ghanaian national, was extradited to the United States in June 2025 to face charges for participating in a romance and inheritance fraud scheme targeting elderly victims worldwide from 2013 to March 2023. The scheme involved Boateng and co-conspirators posing as romantic interests and falsely claiming to possess gold and jewels that required payment of taxes and fees to release. Boateng faces charges of Conspiracy to Commit Wire Fraud and Conspiracy to Commit Money Laundering, each carrying a maximum penalty of 20 years in prison.
cbsnews.com
· 2025-12-08
Kaushalkumar Chaudhary, a 30-year-old Indian national, was sentenced to 63 years in federal prison and ordered to pay $524,947 in restitution for his role as a "money mule" in a wire fraud scheme targeting elderly and vulnerable adults in Michigan and across the U.S. and India during 2023-2024. The conspiracy involved fraudsters impersonating government agencies to convince victims their financial accounts were compromised, then having couriers like Chaudhary pick up cash, gold, and other valuables from victims' homes, with one instance involving $70,000 in gold bars. After serving his sentence, Chau
paloaltoonline.com
· 2025-12-08
Palo Alto police and FBI officials held an educational seminar at Mitchell Park Community Center to help seniors prevent scams, as the nation faced a record $16.6 billion in scam losses in the previous year—a 33% increase. Santa Clara County Sheriff's Office, led by Deputy Bob Yee, is expanding fraud prevention seminars throughout the region, teaching participants to identify the five most common senior scams involving impersonation: person-in-need/grandparent scams, financial services fraud, government impersonation, tech support scams, and romance scams. Experts advise seniors to hang up on suspicious callers, verify requests by contacting organizations directly, and remember
ktar.com
· 2025-12-08
Joseph Kwadwo Badu Boateng was extradited from Ghana and appeared in federal court in Arizona on charges related to a romance fraud scheme targeting elderly victims worldwide from 2013 to 2023. The scam involved fraudsters claiming to have gold and jewels available to victims if they paid upfront costs for taxes and fees. Boateng faces up to 20 years in prison on each of two federal charges—conspiracy to commit wire fraud and conspiracy to commit money laundering.
cbc.ca
· 2025-12-08
Jeffrey Paul Kent, 55, was declared a dangerous offender and sentenced to indefinite imprisonment for a decades-long pattern of romance fraud targeting vulnerable women in Alberta and British Columbia. Over more than 30 years, Kent used fake identities and elaborate deceptions—posing as lawyers, investors, and businessmen—to establish relationships with women and convince them to give him money through phoney investment schemes, ultimately defrauding at least five Edmonton women of more than $175,000 and stealing hundreds of thousands more from other victims over his criminal career. The court found that Kent's "severe psychological damage" to victims through deep deception—rather than physical violence—warranted the dangerous offender designation typically
ivpressonline.com
· 2025-12-08
**Summary:**
Dr. William Dodson Creighton, a 78-year-old allergist in El Centro, California, was charged in June 2024 with healthcare fraud, insurance fraud, and illegal prescribing after allegedly writing numerous prescriptions for promethazine with codeine (an addictive controlled substance) between October 2023 and April 2024 without clear medical justification. His case is part of a broader 2025 national healthcare fraud takedown that resulted in criminal charges against 324 defendants, including 96 licensed medical professionals, involving over $14.6 billion in intended losses.
thespacecoastrocket.com
· 2025-12-08
**Summary:**
Dongdong Ye and Mei Mei Dong, owners of Da Sushi restaurant in Rockledge, Florida, face felony theft charges in Wisconsin for allegedly operating a multi-state gift card scam targeting elderly victims. The scheme involved fraudulent tech support pop-ups that tricked victims into purchasing and providing gift card information; investigators traced gift card usage to store purchases in Florida and Canada, identifying Ye through surveillance footage showing distinctive tattoos. At least three elderly victims lost substantial amounts ($4,300, $25,000, and $75,000), with suspicious deposits totaling tens of thousands of dollars linked to the couple's bank account from victims in multiple states.
times-herald.com
· 2025-12-08
Coweta County experienced two distinct fraud schemes targeting residents: a sophisticated phone scam impersonating law enforcement deputies claiming seniors had active warrants and demanding immediate bail payments via threatening calls from restricted numbers, and a separate scheme using fraudulent invoices mimicking city departments (such as Planning and Zoning) to solicit wire transfers for fake fees around $4,900. Local authorities emphasized that legitimate law enforcement and government agencies never demand payment by phone or wire transfer, and urged victims to hang up immediately and report incidents to the sheriff's office or contact the National Elder Fraud Hotline at 833-372-8311.
justice.gov
· 2025-12-08
Ehis Lawrence Akhimie, a Nigerian national, pleaded guilty to operating a transnational inheritance fraud scheme that defrauded over 400 elderly and vulnerable U.S. victims of more than $6 million. The scheme involved sending personalized letters falsely claiming victims were entitled to multimillion-dollar inheritances from overseas relatives, then requesting upfront fees for delivery and taxes before victims could receive the funds. Akhimie faces up to 20 years in prison, and seven co-conspirators from the United Kingdom, Spain, and Nigeria have also been convicted in connection with this international fraud operation.
paloaltoonline.com
· 2025-12-08
Palo Alto and Santa Clara County law enforcement hosted educational seminars in spring to help seniors recognize and prevent scams, as the country experienced a record $16.6 billion in scam losses in the previous year—a 33% increase. The top five scams targeting seniors involve impersonation: grandparent scams (fake emergencies using AI voice replication), financial services impersonation, government imposter scams, tech support fraud, and romance scams, with warning signs including rushed calls demanding secrecy and threats. Experts advise seniors to hang up on suspicious calls, verify requests directly with the entity, and remember that legitimate institutions never request sensitive information or demand immediate
cheknews.ca
· 2025-12-08
A 53-year-old man was arrested in Saskatchewan on a Canada-wide warrant for defrauding a Sunshine Coast woman of $110,000 through a romance scam, in which he built trust over several months before convincing her to invest in a non-existent business venture. The initial report led to the identification of multiple additional victims, and authorities are seeking anyone else who may have been defrauded by the suspect. Romance-investment scams, also known as "pig butchering," are rising across Canada, with fraudsters using dating apps and social media to establish relationships with victims—particularly targeting lonely individuals—before soliciting cryptocurrency investments or other financial schemes.
pcworld.com
· 2025-12-08
This educational article explains that while scams predate the internet, digital platforms have enabled fraudsters to operate faster through multiple channels like fake texts, emails, and malicious websites. The key advice provided by ethical hacker Mike Danseglio is to adopt a default mindset of suspicion and always verify requests by contacting organizations directly using independently sourced contact information rather than following links or phone numbers provided in unsolicited messages. Additional security practices include maintaining updated antivirus software, using password managers, and limiting personal information shared online.
consumerfinancemonitor.com
· 2025-12-08
The Aspen Institute launched the National Task Force on Fraud and Scam Prevention in 2024 to develop the first coordinated U.S. national strategy against financial fraud, which currently costs Americans $430 million daily and $158 billion annually while funding transnational criminal organizations. Fraud losses reported to the FBI have increased 15-fold over the past decade, with new technologies like AI making scams more sophisticated, prompting leaders from government, law enforcement, industry, and civil society to collaborate on cross-sector solutions including improved data-sharing, victim support, and a unified reporting system.
ballardspahr.com
· 2025-12-08
The Aspen Institute's National Task Force on Fraud and Scam Prevention, launched in 2024, addresses a critical problem: criminals steal $430 million daily from American families, totaling $158 billion annually and funding transnational criminal organizations involved in drug trafficking and human trafficking. This podcast features discussions with task force leaders about the scope of fraud in the U.S., systemic vulnerabilities that scammers exploit, the role of emerging technologies like AI in perpetuating scams, and the need for a coordinated national strategy involving government, law enforcement, industry, and consumer advocates to combat fraud at its root.
kashmirreader.com
· 2025-12-08
The Cyber Cell of District Police Kupwara successfully solved multiple online financial fraud cases and recovered Rs 11,06,555.82 from victims including civilians, government employees, and defense personnel who fell prey to job scams, fake investment schemes, fraudulent KYC requests, and impersonation fraud. Police recovered funds through digital evidence collection, coordination with financial institutions, and advanced cyber tactics, and are warning the public to avoid common online threats including digital arrest scams, fake trading platforms, malicious loan apps, and fraudulent calls impersonating telecom companies.
cryptorank.io
· 2025-12-08
WhiteRock founder Ildar Ilham was arrested by UAE law enforcement for his alleged involvement in the ZKasino exit scam that defrauded investors of $30 million in presale funds for a purportedly decentralized gambling platform. Ilham will be extradited to the Netherlands to face criminal charges, and investigators found evidence linking him to the WhiteRock cryptocurrency project through suspicious fund transfers and transactions commingling ZKasino stolen funds. The arrest follows the earlier apprehension of co-conspirator Elham Nourzai in April 2024, and concerns remain that WhiteRock itself may be another fraudulent project given its anonymous team
punchng.com
· 2025-12-08
Ehis Akhimie, a 41-year-old Nigerian man, pleaded guilty to conspiracy to commit mail and wire fraud for his role in a transnational inheritance scam that defrauded over 400 elderly Americans of more than $6 million. The scheme involved sending fake letters claiming victims were beneficiaries of multimillion-dollar inheritances from Spanish relatives and demanding upfront fees for processing and delivery. Akhimie, who faces up to 20 years in prison, worked with international accomplices and money mules to receive and launder stolen funds, with law enforcement from the U.S., UK, Spain, Portugal, and Nigeria collaborating to
thesenior.com.au
· 2025-12-08
An international criminal syndicate operating from China has perpetrated a "spiritual blessing" scam targeting elderly Asian women in Australia, netting approximately $3 million in cash and valuables since 2023. The scammers convince victims that their money and jewelry require blessing to avoid bad luck, then claim the items have been blessed in sealed bags that victims are told not to open—only to discover the valuables are gone. Two arrests have been made with over 50 individuals suspected of involvement across Australia's east coast, though authorities believe the actual number of victims is at least double the 80+ reported incidents due to underreporting.
kesq.com
· 2025-12-08
Two individuals were arrested in Australia in connection with "Chinese blessing scams" targeting elderly Asian women, with one 63-year-old woman detained at Sydney Airport and her alleged accomplice, also 63, arrested at Brisbane Airport as he attempted to flee to China. The pair are accused of defrauding a 77-year-old woman of approximately $85,000 AUD in cash and jewelry in June, part of a larger investigation into 80 reported cases involving alleged theft totaling $2 million AUD across Australia's east coast. The scam involves perpetrators convincing vulnerable elderly victims that family members are cursed and that their wealth must be "blessed" by spiritual healers,
cnn.com
· 2025-12-08
Two individuals were arrested at Australian airports in connection with "Chinese blessing scams," a fraud scheme that has targeted elderly Asian women worldwide for 25 years. The suspects are accused of defrauding a 77-year-old woman of AUD $130,000 (USD $85,000) and are linked to 80 reported cases involving approximately AUD $3 million (USD $2 million) in losses. In these scams, perpetrators convince victims that family members are cursed and that money must be "blessed" by spiritual healers, after which the victims discover their valuables have been replaced with empty bags.
kgun9.com
· 2025-12-08
Scam calls are increasing in Marana, Arizona, with fraudsters impersonating law enforcement and demanding payment for missed jury duty or arrest warrants, often requesting bitcoin, gift cards, or wire transfers. Americans lose over $25 billion annually to phone scams, and victims should hang up and verify by calling law enforcement directly, never pay money to police over the phone, and report fraud to their financial institution, law enforcement, the FTC, and monitor their credit if compromised.
koaa.com
· 2025-12-08
The Federal Trade Commission is warning consumers about fraudulent travel deals advertised through fake websites impersonating legitimate hotels and airlines, particularly around holiday periods like the 4th of July. Scammers use these fake sites to collect personal information and financial details, which they use to steal money or make unauthorized purchases; experts note that tracking and recovering funds from these schemes is extremely difficult due to the sites being quickly shut down and the use of advanced technology like AI to create convincing fakes. The FTC recommends researching websites, avoiding unsolicited links, and using secure payment methods rather than wire transfers, gift cards, or cryptocurrency to protect yourself during travel booking.
news3lv.com
· 2025-12-08
Paul and Maryann Fox of Las Vegas lost $8,000 in a fake arrest warrant scam in which callers impersonating law enforcement claimed Paul had a warrant and demanded immediate payment via Bitcoin. The scammers used spoofed caller ID showing "Clark County" and a real officer's name to appear legitimate, pressuring Paul to transfer money at a cryptocurrency machine while keeping him isolated from his wife. The couple filed a police report but could not recover their funds and are warning others to recognize red flags and think clearly before complying with urgent demands from callers.
ainvest.com
· 2025-12-08
Michael Zidell lost over $20 million in a romance scam between early 2023 and April 2023 after being targeted on Facebook by a woman posing as a successful NFT investor who convinced him to transfer funds through a fake trading platform. Zidell has filed lawsuits against three U.S. banks (Citibank, East West Bank, and Cathay Bank), alleging they failed to detect red flags in his 43 transfers totaling $20+ million and negligently enabled the fraud through poor compliance oversight and failure to protect against elder financial exploitation.
ca.news.yahoo.com
· 2025-12-08
Gareth West, the alleged leader of Canada's largest grandparent scam network, was arrested in Quebec after months of eluding police; he is accused of orchestrating a fraud scheme that defrauded approximately $30 million from American seniors through dozens of call centre employees in the Montreal area. West has been charged with conspiracy to commit wire fraud and money laundering and faces up to 40 years in prison if extradited to the U.S. and convicted. Twenty-three other alleged network members were previously arrested, though one conspirator remains at large.
databreaches.net
· 2025-12-08
A Nigerian national pleaded guilty to operating a transnational inheritance fraud scheme that defrauded over 400 vulnerable and elderly U.S. victims of more than $6 million. Ehis Lawrence Akhimie and his conspirators sent personalized letters falsely claiming victims had inherited millions from deceased overseas relatives, then solicited upfront payments for delivery fees and taxes that victims never received. This case represents coordinated international prosecution involving U.S., UK, and Spanish authorities, with Akhimie facing up to 20 years imprisonment and seven co-conspirators previously convicted.
dailyhodl.com
· 2025-12-08
Between May and June, a trio of scammers (two men and a woman) targeted elderly customers at ATMs in New York, stealing at least $70,000 across nine incidents at Chase Bank, Bank of America, Capital One, and Citibank locations. The criminals used distraction tactics—posing as helpful bystanders or engaging victims in conversation—to steal bank cards and make unauthorized withdrawals, with individual thefts ranging from $3,000 to $24,000 from victims aged 71 to 90. The New York City Police Department issued a warning to senior citizens to remain vigilant against this scheme.
timesofindia.indiatimes.com
· 2025-12-08
Two people were arrested in Australia in connection with a "Chinese blessing scam" that defrauded a 77-year-old Sydney woman of AUD $130,000 (USD $85,000) in cash and jewelry; the scam involves perpetrators posing as spiritual healers who convince victims to place valuables in sealed bags under the guise of a blessing ritual, then steal the contents. Strike Force Sentinel's investigation has identified approximately 50 scammers involved in a network responsible for around AUD $3 million (USD $2 million) in theft across 80 reported cases, though police believe the true number is significantly higher due to underreporting. This sc
aol.com
· 2025-12-08
Gareth West, a Canadian man, was arrested as the ringleader of a $30 million grandparent scam network that victimized seniors across 46 states by having callers impersonate their grandchildren in distress and demand urgent cash transfers. West operated call centers in Montreal with dozens of employees who spoofed American phone numbers, connected victims to fake lawyers and bail agents, and facilitated money transfers while West used the proceeds for luxury cars, properties, and travel. He faces charges of wire fraud conspiracy and money laundering carrying up to 40 years in federal prison, with 23 other network members arrested prior to his custody.
nypost.com
· 2025-12-08
Gareth West, the Canadian ringleader of a grandparent scam network that defrauded seniors across 46 U.S. states of approximately $30 million, was arrested by the Royal Canadian Mounted Police at the request of U.S. authorities. The scam involved callers impersonating grandchildren in distress to pressure elderly victims into sending money through fake lawyers, bail agents, and courier services, with West operating call centers in Montreal using spoofed American phone numbers. West faces charges of conspiracy to commit wire fraud and money laundering carrying up to 40 years in federal prison, and 23 co-conspirators had been arrested prior to his apprehension
mychesco.com
· 2025-12-08
Utility-related impostor scams are surging across Pennsylvania, with criminals posing as utility representatives to demand immediate payments via untraceable methods like gift cards or cryptocurrency. The Pennsylvania Public Utility Commission received over 70 calls in a single day about scammers falsely claiming service switches were detected and threatening disconnection, though utilities never demand immediate payment or use non-traditional payment methods. AARP Pennsylvania recommends residents verify suspicious calls by contacting the number on their utility bill and report fraud to the PUC, local law enforcement, or the FTC.
deccanherald.com
· 2025-12-08
Nehal Modi, the younger brother of fugitive diamantaire Nirav Modi, was arrested by US authorities immediately upon his release from a US prison on Friday after completing a nearly three-year sentence for a cheating case involving the fraudulent acquisition of $2.6 million in diamonds from a Manhattan company. In India, Nehal Modi is wanted by the CBI in connection with the Rs 13,000 crore Punjab National Bank fraud orchestrated by his brother Nirav Modi, and is accused of destroying evidence and laundering proceeds of crime through shell companies and offshore transactions. The CBI will pursue his extradition during a July 17 court hearing in the US.
m.economictimes.com
· 2025-12-08
Gareth West, a Canadian man accused of orchestrating one of North America's largest cross-border "grandparent scams," was arrested by the RCMP in Quebec on July 4. Operating call centers in the Montreal area, West led a network that stole at least $30 million from elderly victims across 46 US states by posing as grandchildren in distress and pressuring seniors to send bail money, while using fraudulent proceeds to fund a lavish lifestyle. He faces charges of wire fraud and money laundering conspiracy and could receive up to 40 years in federal prison if convicted in the United States.
thegeorgiavirtue.com
· 2025-12-08
Pradip Parikh, 67, and Alpesh Patel, 40, were convicted of operating an India-based call center scam that defrauded elderly Americans out of millions of dollars by impersonating Social Security Administration officials and convincing victims their Social Security numbers had been compromised. Victims, including a 70-year-old who lost $600,000 and a widowed mother of eight who lost over $300,000, were directed to transfer funds to bank accounts controlled by the defendants, who then laundered the money. Parikh was convicted of money laundering conspiracy and two substantive money laundering counts, while Patel was convicted on all charges
cw34.com
· 2025-12-08
Ehis Lawrence Akhimie, a 41-year-old Nigerian man, pleaded guilty to orchestrating an inheritance fraud scheme that defrauded over 400 elderly and vulnerable Americans of more than $6 million by sending false letters claiming they were entitled to multimillion-dollar inheritances and requesting upfront fees for taxes and delivery charges. Akhimie was part of an international criminal network that recruited former victims to funnel payments, and his plea follows seven prior convictions of co-conspirators extradited from multiple countries, with sentences ranging from 82 to 128 months. He now faces a maximum sentence of 20 years in prison.
ainvest.com
· 2025-12-08
The U.S. Secret Service has seized $225 million in cryptocurrency in a recent operation targeting romance and investment scams, bringing the total recovered over the past decade to $400 million. Scammers typically lure victims through fake cryptocurrency investment websites that show false profits to build trust before disappearing with deposited funds, sometimes targeting vulnerable individuals like teenagers for sextortion schemes. The Secret Service's Global Investigative Operations Center works with over 60 countries to trace fraudulent assets and dismantle international scam networks, demonstrating the effectiveness of coordinated law enforcement in combating digital fraud.
ainvest.com
· 2025-12-08
The U.S. Secret Service is coordinating with law enforcement across 60+ countries to combat cryptocurrency scams, which have become the leading cause of online fraud losses in America. In 2024, older adults lost $2.8 billion to crypto scams involving fake investment websites that use attractive photos and show small profits to build trust before disappearing with victims' money. Over the past decade, the GIOC has successfully seized nearly $400 million in digital assets through tracing domain names, crypto wallets, and IP addresses, with training programs helping other nations strengthen their enforcement efforts.
dallasexpress.com
· 2025-12-08
Darlington Akporugo, 47, and his wife Jasmin Sood, 37, were sentenced to 188 and 121 months in federal prison, respectively, for orchestrating a romance scam that defrauded elderly Americans—primarily widows—of more than $3 million. Akporugo posed as a romantic interest online using fake identities to convince victims to send money and purchase luxury items, including a vehicle and mansion that the couple used themselves; authorities identified over 25 victims across multiple states. Both defendants were ordered to repay the full stolen amount and serve three years of supervised release upon their release from prison.
ainvest.com
· 2025-12-08
Michael Zidell filed lawsuits against East West Bank and Cathay Bank in California federal court, alleging the institutions failed to prevent fraudulent wire transfers totaling approximately $16.7 million that he sent to scammers' accounts after being deceived by a romance scam involving a fake NFT investment scheme. Zidell, who met a woman claiming to be "Carolyn Parker" on Facebook in early 2023, was instructed to make multiple transfers across the banks before the fraudulent trading platform disappeared in April 2023, and he seeks compensatory damages for the banks' alleged failure to monitor suspicious transaction patterns.
thegeorgiavirtue.com
· 2025-12-08
Ehis Lawrence Akhimie, a Nigerian national, pleaded guilty to operating a transnational inheritance fraud scheme that defrauded over 400 elderly and vulnerable U.S. consumers of more than $6 million. The scheme used personalized letters falsely claiming to be from Spanish bank representatives offering unclaimed inheritances, then requested upfront fees for delivery and taxes before victims could receive funds that never materialized. Akhimie faces up to 20 years imprisonment, and seven co-conspirators from Nigeria, Spain, and the United Kingdom have already been convicted and sentenced in connection with this international fraud ring.
grantspasstribune.com
· 2025-12-08
Canadian national Gareth West was arrested and faces federal charges for allegedly masterminding a $30 million telemarketing scam targeting seniors across 46 states through fake investment offers, sweepstakes claims, and impersonation of attorneys and federal agents. The sophisticated operation exploited vulnerable elderly individuals living alone or with cognitive decline, leaving many victims destitute and losing their homes and retirement savings. West laundered millions through offshore accounts and cryptocurrency, with additional accomplices under investigation and authorities urging families to monitor elderly relatives and report suspicious communications to the FTC or law enforcement.