Generative Data Intelligence

Tag: romance scam

FTC: Americans Lost Over $547 Million to Romance Scams in 2021

The US Federal Trade Commission (FTC) said on Thursday that Americans reported record high losses of more than $547 million to romance scams in 2021. This is up 80% compared to 2020 and over 6 times compared to reported losses in 2017. Financial losses originating from romance scams have increased significantly over recent years, with a […]

Love Hurts: British Man Loses $200K in a Bitcoin Romance Scam (Report)

A typical cryptocurrency fraudulent scheme resulted in a loss of around $200,000 for a British individual.

Romance scammer who targeted 670 women gets 28 months in jail

Found love online? Sending them money? Friends and family warning you it could be a scam? Don't be too quick to dismiss their concerns...

Are banks doing enough to fight unemployment benefit fraud?

When state governments began expanding unemployment benefits for people affected by the coronavirus quarantine in March, fraudsters quickly got to work trying to...

Smashing Security #167: Coronavirus scams and an exaggerated lion

LastPass Enterprise makes password security effortless for your organization.LastPass Enterprise simplifies password management for companies of every size, with the right tools to...

Exaggerated Lion and Business Email Compromise – Don’t send that check!

More and more businesses are falling victim to Business Email Compromise, where scammers fool companies into transferring money into the bank accounts of...

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