Barbados is experiencing a rise in online investment scams, prompting authorities to warn the public to carefully research offers and seek professional advice before investing.

Americans lost $5.7 billion to investment fraud in 2024, up 24% from 2023, according to the Federal Trade Commission.

Battling scams has mainly been left up to banks, which have spent heavily on compensating customers and investing in education and warning systems in countries like the UK. Finance companies ...

These platforms, traditionally used for social interaction and messaging, are now being leveraged by scammers to promote fraudulent investments using highly polished marketing materials. The deceptive ...

A man has been found guilty of money laundering almost $2 million obtained from two Kiwi victims of a term deposit scam. This week ... advertising a fictious investment company.

A man has been found guilty of money laundering almost $2 million obtained from two Kiwi victims of a term deposit scam. This week ... approached by offshore fraudsters advertising a fictious ...

Holly Salmons of the Better Business Bureau joins Good Day Orlando to discuss obituary and crypto/investment scams. Zelensky issues two demands for Putin ahead of peace talks as Trump envoy heads ...

New Delhi: Delhi Police has arrested a 32-year-old man from Indore for duping people via a social media-based investment scam. The incident came to light when a complaint was received at cyber ...

Once on these sites, victims are lured into investing in bogus cryptocurrency schemes with promises of high returns. The content is often tailored based on the visitor’s country, making the scam ...

Ending on some more good news, and also in late February, ASIC announced that it had shut down 130 investment scam websites per week on average (more than 10,000 in total) since July 2023 ...