#fraud
25 stories taggedfraud.
Malaysia's Ghost-City Scam Factories: How Criminals Turned a Failed Mega-Development Into a Fraud Hub
Police arrested 335 people running fake investment and romance scams out of empty apartments in Forest City, a $100 billion Malaysian development that was meant to house 700,000 people but never came close.
Metro Bank Customer Lost £14,000 to Fraudsters Who Used Stolen Money to Buy AI Chatbot Credits
A Sussex businessman spent months fighting to recover £14,244 after criminals raided his Metro Bank account and spent the proceeds on credits for Claude, Anthropic's AI chatbot. The case raises hard questions about whether banks are doing enough to catch unusual spending patterns before the money is gone.
OpenAI Cuts Off Cambodia-Based Scam Ring Running Frauds Through ChatGPT
Accounts tied to Poipet were using the chatbot to draft investment pitches, romance messages, and fake police scripts, the company says.
Fake RingGo Texts Are Tricking Drivers Into Handing Over Bank Details
Scammers are sending fraudulent parking-fee demands that impersonate the RingGo app, banking on the fact that most drivers genuinely can't remember every parking session they've paid for.
Interpol's Global Payment Network Stopped a $6.6 Million Fraud Transfer. Here's How It Works.
A worldwide system linking police forces and banks in 196 countries is getting faster at freezing stolen money before criminals can move it across borders.
Fake Russian company websites ran a nine-year scam on foreign buyers
Fraudsters cloned real Russian fertilizer and petrochemical firms, then pocketed advance payments from international customers.
Fake Spotify Payment Emails Are Stealing Card Details From Real Subscribers
Criminals are sending convincing payment-failure notices that lead Spotify users to copycat websites designed to harvest login credentials and credit card numbers.
Hackers Steal Data, Cause $13 Million in Fraudulent Leases for Upbound Group
Criminals use stolen customer data from Upbound Group to commit $13 million in fraud through lease-to-own agreements.
Why Carders Are Hunting for 'Clean' Home Internet Connections
Fraudsters are paying premium prices for residential proxies that haven't been flagged, and pairing them with fake browser identities to slip past bank fraud checks.
How a Spanish Cybercrime Gang Stole €140 Million and Almost Got Away With It
Spanish police, working with partners across Europe and beyond, dismantled a fraud network that used fake boss emails, phony investment sites, and nearly a thousand bank accounts to steal the equivalent of $161 million from ordinary people and businesses.
Australian Actress Falls Victim to $10,500 Insurance Scam
Christine Whelan Browne, a well-known Australian theatre actress, warns others about an insurance scam after losing her car.
Nigeria's Fraud Losses Keep Climbing Even as Reported Incidents Fall
Fewer fraud cases are being recorded in Nigeria, but each one costs more. A new cybersecurity framework is coming, the question is whether enforcement will follow.
Spanish police dismantle €140 million fraud ring that drained company bank accounts
Four arrests across Spain, Portugal and Panama close down a laundering network that pushed nearly €100 million through 800 bank accounts, much of it stolen through fake CEO emails.
You Probably Can't Spot an AI Fake Face. Researchers Think They Can Teach You
A team of scientists from Australia, Canada and the UK are testing whether ordinary people can be trained to tell real human faces from AI-generated impostors. The early results are cautiously encouraging.
Ofcom Wants Big Tech to Stop Scam Ads. Here's What That Means for You.
The UK's communications regulator has told the country's largest social platforms to clean up fraudulent advertising or face fines of up to 10% of their global revenue.