Friday , March 29 2024
Home / Tag Archives: Crypto Scam

Tag Archives: Crypto Scam

U.K. Woman Named “Lisa” Loses Tons of Money to Crypto Scammers

A woman in Somerset in the U.K. has fallen victim to a scam after investing in BTC. The scam cost her nearly 40,000 pounds. Going by the name “Lisa,” the victim was led to believe the crypto platform she was pumping her money into was backed by Martin Lewis, an alleged Money Saving Expert in her area. A Woman Named Lisa Loses Money After BTC Investments Instead, she claims she was “groomed” by online scammers who ultimately filed for several loans in her name. In...

Read More »

Police Save Elderly Woman from Crypto Scam

A woman nearly lost $16,000 after falling victim to a crypto scam. The money likely would have been gone forever if it wasn’t for the police force at Stevens Point, as well as the firefighters of the region and UPS. Woman Nearly Loses Money to Crypto Thieves The woman, who remains unnamed at the time of writing, is 79 years of age. Many crypto scammers are under the impression that they can victimize people who are elderly given they’re less likely to understand...

Read More »

Billionaire Mark Cuban Loses $870K in Fresh Crypto Scam

Luckily, Cuban was quickly alerted and managed to move over $2.5 million worth of other crypto he had on Polygon to a Coinbase exchange address. It turned out to be a huge mistake for tech billionaire Mark Cuban when he decided to revisit crypto this past weekend. Having been inactive for several months, the Dallas Maverick owner thought it a good idea to look up his holdings, only to fall victim to a crypto scam. According to blockchain data, he lost around $870,000 worth of tokens to the...

Read More »

Thodex Exchange CEO, Others Get 11,196 Years Jail Sentence

The court also slammed them with a judicial fine of 135 million liras ( approximately $5 million) as the case came to a close. The long arm of the law may have finally caught up with Faruk Fatih Özer, the founder of the Turkish crypto exchange Thodex which collapsed two years ago. According to a local media report, Faruk, alongside his sister Serap Özer and his brother Güven Özer have all been sentenced to 11,196 years, 10 months, and 15 days in prison. The court also slammed them with a...

Read More »

Reginald Fowler Will Serve Six Years in Prison for Illicit Crypto Behavior

Reginald Fowler – age 64 and a former part owner of the Minnesota Vikings football team – has been sentenced to six years in prison for his role in a crypto-related scam. Reginald Fowler Heads to Jail Fowler is alleged to have defrauded the short-lived professional football organization Alliance of American Football. The scam is said to have lost investors as much as $700 million at the time of writing. Originally from Chandler, Arizona, Fowler was found guilty in...

Read More »

Crypto Scammer Mona Montrage Arrested in the U.K.

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Mona Faiz Montrage – an influencer on Instagram that’s originally from Ghana, but now lives in New Jersey – has been arrested for allegedly taking part in a romance scam that saw several old men send her lavish gifts including prepaid cards and cryptocurrency. Mona Montrage Sent to Court According to her...

Read More »

Naupada Police In India Arrest Crypto Scammers

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up An IIT Kanpur student named Shubransh Nayak and several of his friends were detained by Naupada police after evidence emerged they were involved in a crypto fraud scheme. Naupada Police Investigate Crypto Scam A police report issued the following statement: The initial complaint is of ₹2.5 lakh, but the scam...

Read More »

Elderly Woman Loses Lots of Money to Crypto Scam

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up An elderly woman – who’s choosing not to be named at the time of writing – has been scammed out of $20K through the illicit use of a bitcoin ATM. Woman Loses $20K to Bitcoin Fraud The woman recalled in an interview how the situation came about. She received a call from someone claiming to be a federal agent,...

Read More »

Lebanon Police Track Down and Take Back Stolen Crypto

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The Lebanon Police Department has been successful in tracking down a customer’s crypto funds that ultimately fell into the hands of a scammer. Lebanon Police Know What They’re Doing Richard Norris – supervisor of the Cyber Crimes Unit at the Lebanon Department – explained in an interview: Our unit handles...

Read More »

Judge Orders $112 Million in Crypto to Be Given Back to Pig Butchering Victims

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The U.S. Department of Justice (DOJ) has seized as much as $112 million in digital currency from addresses tied to pig butchering scams. Pig Butchering Is a Huge Problem Judges in several states – including Arizona, Idaho, and California – have issued at least six separate warrants for the seizure of digital...

Read More »