Scam Alerts

81 posts

Revolut Warns Nearly 700 Customers After Personal Data Fell Into Scammers' Hands

A data breach at the European payments firm saw identification documents, residential addresses, and other sensitive details passed to fraudsters who impersonated government authorities. Affected clients have been notified.

15 Sept 2026·26k views

Scam Alerts

New Zealand Court Orders Liquidation of 23 Firms in Bernard Whimp's NZ$45 Million Investment Scheme Winding-Up

The High Court has formally wound up the remaining entities of the Chance Voight group, confirming that investor funds were recycled from new deposits. The FMA warns the case underscores serious risks for retail investors in unregulated fixed-income structures.

15 Sept 2026·151k views

Scam Alerts

16-Year Sentence for Trader Whose Rogue Bond Trades Wiped Out Chicago Broker-Dealer

A former IFS Securities trader was sentenced to over 16 years in prison after unauthorized, directionally wrong bond positions in 2019 generated $30 million in losses and pushed the Chicago firm into bankruptcy.

13 Sept 2026·67k views

Scam Alerts

Revolut Customers' Crypto Activity and Identity Documents Exposed After Fake Government Request

A fraudulent government request tricked digital bank Revolut into releasing customers' Bitcoin transaction histories, passport images, selfies, and home addresses, although no customer funds were stolen.

13 Sept 2026·13k views

CySEC Flags 10 Unauthorised Websites: Traders Warned to Verify Before Depositing

The Cyprus Securities and Exchange Commission has published a September 2026 warning naming ten domains that offer no verifiable link to any licensed investment or crypto-asset service provider, exposing retail traders to unregulated risk.

5 Sept 2026·21k views

Scam Alerts

FinCEN Flags $12.7 Billion in Crypto Fraud Linked to Southeast Asian Scam Compounds

A new US Treasury report reveals that transnational criminal organizations operating from compounds in Southeast Asia were behind roughly $13 billion in digital asset scams targeting American residents between 2023 and 2025.

5 Sept 2026·15k views

Scam Alerts

AVICI Token Plunges 49% After $1.1 Million Crypto Card Exploit Hits Neobank

A $1.1 million hack targeting a neobank's crypto card system sent its AVICI token crashing 49% from a 24-hour peak, a stark reminder of the counterparty and platform risks that traders often overlook.

30 Aug 2026·9.3k views

Scam Alerts

Negotiated Deposit Rates: How Scammers Are Exploiting Vietnam's Banking Deposit Race

As Vietnamese banks intensify their competition for customer funds, fraudsters are weaponizing the popularity of above-market negotiated rates to pull victims into elaborate online heists that have already cost one depositor 5 billion VND.

30 Aug 2026·40k views

Scam Alerts

'I Have £80,000 in My Account, Here Is My PIN': How One Reader Trapped Bank Impersonation Scammers for Three Hours

A Guardian Money reader turned the tables on a phone fraud ring by feigning confusion and feeding the scammers false details, keeping them engaged for three full hours and inadvertently documenting the entire social-engineering playbook used in modern bank impersonation scams.

30 Aug 2026·34k views

Scam Alerts

Las Vegas Entrepreneur Faces Up to 280 Years for $24 Million Crypto Ponzi Scheme

A federal jury convicted Brent Kovar of running a $24 million cryptocurrency Ponzi operation that duped more than 400 investors, exposing him to a statutory maximum of 280 years in prison.

26 Aug 2026·18k views

Scam Alerts

Las Vegas Entrepreneur Convicted in $24 Million AI Crypto Ponzi Scheme

Nevada businessman Brent Kovar was found guilty of swindling more than 400 investors out of roughly $24 million through a fraudulent “AI supercomputer” cryptocurrency operation.

26 Aug 2026·12k views

Scam Alerts

DefiLlama Postpones Mobile App Launch After Phishing Apps Surface on Apple Store

The founder of the crypto‑analytics platform revealed that Apple removed a counterfeit app after it drained a small wallet, prompting a delay in the launch of DefiLlama’s own mobile application to protect users from fraud.

17 Aug 2026·45k views