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Tag: money mules

Could your online date be a scammer? How to avoid getting caught in a bad romance

Scams With Valentine’s Day almost upon us, here’s some timely advice on how...

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“Collaborating Fraud and AML in USA 2023: A Guide to Obtaining Money Mules”

As technology continues to advance, so do the methods used by fraudsters to carry out their illegal activities. One of the most common tactics...

Tricks of the trade: How a cybercrime ring operated a multi‑level fraud scheme | WeLiveSecurity

A peek under the hood of a cybercrime operation and what you can do to avoid being an easy target for similar ploys...

Scammer Receives 4-Year Prison Sentence After Being Caught in the US

Tyler Cross Published on: March 31, 2023 Solomon Ekunke Okpe, who is a 31-year-old from Nigeria, has been...

Graph Database Use Cases

One of the primary advantages of using a graph database is the ability to present the relationships that exist between datasets and files....

Common WhatsApp scams and how to avoid them

Here’s a roundup of some of the most common tricks that fraudsters use to dupe their victims on WhatsApp – and what you...

How Cybercriminals Are Operationalizing Money Laundering and What to Do About It

It's almost impossible to pinpoint the amount of money that's laundered globally, but conservative estimates put it at anywhere from $800 million to $2...

Feedzai: The State of Global AML Compliance Report

Rising inflation and the increasing likelihood of a recession are contributing to many peoples’ economic anxieties – and enabling criminals to recruit money mules...

Global Cyber-Enforcement Op Nets $130M, Says Interpol

A wide-ranging international operation by law enforcement agencies in 30 countries aiming to prosecute online fraudsters has resulted in nearly a thousand arrests and...

‘Fighting Fraud: Breaking the Chain’ (Jonathan Hancock)

A review of The House of Lords Fraud Act 2006 and Digital Fraud Committee’s new report, ‘Fighting Fraud: Breaking the Chain’ “Fraud is the most...

“Gucci Master” business email scammer Hushpuppi gets 11 years

Learn how to protect yourself from big-money tricksters like the Hushpuppis of the world...

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 […]

When love hurts: Watch out for romance scams this Valentine’s Day

Don’t be the next victim – spot the signs of a faux romance in time and send that scammer ‘packing’

The post When love hurts: Watch out for romance scams this Valentine’s Day appeared first on WeLiveSecurity

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