The case of a former bank CEO who was sentenced to 24 years in prison for embezzling $47 million after falling for a cryptocurrency scam has left many wondering about the risks of getting caught up in get-rich-quick schemes. Shan Hanes, a 53-year-old man from Kansas, was once the CEO of Heartland Tr
In recent years, scammers have been exploiting the rise of Bitcoin ATMs to dupe unsuspecting victims out of their hard-earned cash. According to the Federal Trade Commission (FTC), the amount of money lost to these scams has skyrocketed, with over $110 million reported in 2023 alone. What's more, ol
The FBI has released a report highlighting the alarming increase in crypto-investment scams, with Americans losing a staggering $5.6 billion in 2023. For the first six months of 2024, the agency received over 18,000 complaints, resulting in losses of more than $1.9 billion. The scammers' tactics are
The FBI's latest report highlights a startling 45% increase in crypto-related fraud in 2023, with victims reporting losses totaling over $5.6 billion. This surge is largely driven by a jump in investment scams, with nearly $4 billion in losses reported compared to $2.57 billion in 2022. The report u
The FBI's recent Cryptocurrency Fraud Report for 2023 has sent shockwaves through the crypto community, revealing a staggering $5.6 billion in losses due to fraudulent schemes – a 45% increase from the previous year. While only 10% of the complaints received by the Internet Crime Complaint Center (I
The FBI's 2023 Cryptocurrency Fraud Report reveals a staggering $5.6 billion in reported losses to cryptocurrency scams, with older Americans bearing the brunt of the damage. The majority of these scams, a whopping 53% increase from 2022, are pig butchering scams, where fraudsters build fake relatio
The FBI has issued a stark warning: fraudsters have swindled Americans out of a staggering $5.6 billion in the last year alone, with investment fraud being the top culprit. But what's behind these mind-boggling losses, and how can you protect yourself from falling prey to these scammers? The FBI re
As Texas Governor Greg Abbott proudly announced the removal of roughly a million people from the state's voter rolls, election experts are sounding alarm bells. While Abbott framed the purge as a necessary step to protect the integrity of the electoral process, critics argue that the move could have
Elon Musk is known for his strong opinions, but his recent voting history reveals a stark contrast between his words and actions. Despite calling mail-in voting "insane" and allegedly claiming it encourages election fraud, Musk himself has voted by mail twice in the past. In 2016 and again in 2018,
Carla Bruni-Sarkozy, the former supermodel and singer-songwriter, is the latest person to be entangled in the campaign finance scandal involving her husband, former French President Nicolas Sarkozy. Bruni-Sarkozy has been charged with fraud and witness tampering related to millions of dollars allege
