Two brothers from Ypsilanti were caught in a tricky online scam. They bought stuff from many online stores and then tricked the stores into giving them money back. But they didn't send the items back. Instead, they sent empty boxes or fake items. They kept the real stuff and sold it for profit. The brothers used fake names and special tools to hide their identity. T...
The digital age has brought convenience, but it has also opened the door to a new kind of crime wave. This isn't about street crime or border issues. It's about the threats lurking on your devices and in your online accounts. The elderly are particularly at risk, as they often struggle to keep up with the latest scams. Take the story of a retired person who had his ...
Cryptocurrency scams are on the rise, and they can happen to anyone. After a liver transplant, a woman from Boston found herself spending a lot of time alone. She turned to dating apps to connect with others. That's where she met David, or so she thought. David was charming and good-looking. He was from Quebec. The two started texting every day. They talked about th...
Did you know that sneaky fraudsters and bots might have a tough time hiding online? Researchers have discovered a clever way to stay ahead of them, using what's called graph networks. They found that focusing on the details of network nodes was way more effective than using fancy graph embeddings. This strategy catches more bad guys and saves time and resources. How ...
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 underscores the urgent need for public awareness and swift reporting o...
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 (IC3) relate to cryptocurrencies, these schemes account for a whopping ...