Fraud reports remained at 2.6M, but financial losses surged, with 38% of victims reporting monetary loss in 2024.
A new report from the Better Business Bureau highlights the top four scams that people encountered most frequently last year.
Crypto trading platform Debiex has been ordered to pay approximately $2.5 million after failing to respond to a lawsuit filed ...
By the time Guthman put the pieces together, he had already lost everything: over $40,000, his bank information and even his social security number.
The Better Business Bureau has released its annual scam tracker report for 2024. The report shows the most popular scams and ...
The arrest came as part of Operation Crypto Runner, a joint-agency multi-year investigation targeting crypto money launderers ...
"Crypto Scam Revenue 2024: Pig Butchering Grows Nearly 40% YoY as Fraud Industry Leverages AI and Increases in Sophistication." GASO. “Statistics of Crypto-romance / Pig-butchering Scam.” ...
One particularly devastating crypto fraud is known as “pig butchering” or “romance baiting.” These scams involve online criminals luring their victims into fake romances and then stealing ...
It found that more 18 to 34-year-olds are falling victim to employment scams, but crypto-investment scams continue to be the riskiest. However, the BBB of Central Ohio said the primary way people ...