18 results
- 4 Apr 2024
Google Sues Crypto Scammers for Defrauding Thousands of People with Fake Apps on PlayStore
Google is filing a lawsuit against two app developers accused of using the Google Play Store to distribute deceptive investment and trading apps. These apps, fished out by Google, although disguised…
- 9 Sept 2024
US Blocks Nigerian’s Cryptocurrency Fraud, Imposes $50,000 fine
The Kansas Attorney General’s Office successfully thwarted an attempt by Bimbo Toyin Akinyemi, a Nigerian national, to defraud a Kansas resident of cryptocurrency. This was revealed in a statement…
- 19 Mar 2026
New Gmail Scam Mimics Security Alerts to Steal User Data
Cybersecurity researchers at Malwarebytes Labs have exposed a sophisticated new Gmail scam where fraudsters send fake Google security alerts via phishing emails, texts, and pop-ups, tricking users…
- 7 Jul 2025
Secret Service Seizes $400M in Crypto, Cold Wallet among World’s Largest
US Secret Service has quietly seized nearly $400 million in digital assets over the past decade, amassing one of the world’s largest crypto cold wallets, Bloomberg reported at the weekend, citing…
- 4 Feb 2024
Sophos Uncovers How Criminals are Leveraging “As-a-Service" Business Model with Sha Zhu Pan Kits to Expand Cryptocurrency Fraud
Sophos, a global leader in innovating and delivering cybersecurity as a service, today revealed how sha zhu pan scammers—those conducting elaborate, romance-based cryptocurrency fraud—are leveraging…
- 25 Aug 2025
Interpol Sting Sniffs Out Cyber Crime in Nigeria, Others
An Interpol-coordinated operation has led to the arrest of 1 209 suspected cyber criminals that targeted nearly 88 000 victims. Dubbed Operation Serengeti 2.0, the crackdown recovered $97.4 million…
- 26 Aug 2021
U.S Trains 50 Nigerian Investigators to Combat Cryptocurrency Fraud
The U.S. authorities have trained over 50 Nigerian investigators and prosecutors to tackle cryptocurrency-enabled organised crimes. The training, which was held virtually, focused on enhancing the…
- 20 Nov 2022
Top-Five Schemes Cybercriminals are Running Amid the Biggest Sport Event - Kaspersky
The FIFA World Cup Qatar 2022 is the most awaited sports event of 2022 for football fans and kicks off on November 20. As well as exciting hundreds of millions of fans worldwide, it’s also attracted…
- 7 Jun 2023
Study Shows Some $30,000 Stolen via Fake Hardware Wallet
Cryptocurrency investors often turn to hardware wallets as a secure way to store their digital assets, assuming that they are impenetrable. However, even the most advanced hardware wallets on the…
- 12 Feb 2023
Sophos Investigates Two Active Cyberfraud Operations Cashing in on Crypto-Romance Cons
Sophos, a global leader in innovating and delivering cybersecurity as a service, on Monday released details of two expansive, still operational, pig butchering or sha zhu pan rings (elaborate and…
- 11 Apr 2023
Cryptocurrency Phishing Grows by 40Per Cent in One Year - Report
Kaspersky’s anti-phishing systems have prevented 5 million cryptocurrency-related phishing attacks in 2022, increasing by 40% compared to the previous year. Conversely, there was a decrease in the…
- 1 Feb 2023
Sophos Discovers Fake Apps Found on Apple’s App Store Used by Cybercriminals for CryptoRom Schemes
Sophos, a global leader in innovating and delivering cybersecurity as a service, on Wednesday released new findings on CryptoRom scams—elaborate financial fraud schemes that prey on and trick dating…
- 18 Mar 2022
Crypto-trading Scam Demands Thousands of Dollars in Fake “Profit Tax” to Unlock Victims’ Accounts, Sophos Finds
Sophos, a global leader in next-generation cybersecurity, has released new insight into an international cryptocurrency trading scam called CryptoRom that targets iPhone and Android users through…
- 10 Jul 2023
Kaspersky Uncovers new Phishing Scheme Targeting Cryptocurrency Users Worldwide
Kaspersky has unearthed a phishing campaign targeting cryptocurrency users across the globe. The scheme showcases the ever-evolving tactics used by cybercriminals, reflecting cryptocurrency's…
- 5 Aug 2025
WhatsApp Cracks Down on Criminal Scammers & Introduces New Safety Tools
WhatsApp on Tuesday announced significant advancements in its ongoing fight against sophisticated messaging scams, including taking down millions of accounts linked to criminal scam centers and the…
- 15 Jan 2026
SEC Partners Police in Nationwide Crackdown on Ponzi Schemes, Crypto Frauds
Securities and Exchange Commission (SEC) and the Nigeria Police Force have forged an alliance against illegal scheme operators, investment frauds, and cryptocurrency frauds in a bid to protect the…
- 1 Dec 2023
Sophos Anticipates AI-Based Attack Techniques, Prepares Detections
Sophos, a global leader in innovating and delivering cybersecurity as a service, has released two reports about the use of AI in cybercrime. The first report—“The Dark Side of AI: Large-Scale Scam…
- 6 Aug 2025
WhatsApp Bans 6.8m Scam Accounts, Rolls Out Safety Tools
WhatsApp has unveiled new safety features to help users detect and avoid scams across group and individual chats, revealing that it banned more than 6.8 million accounts tied to criminal scam centres…