News

Is Bitcoin a Scam? Cryptocurrencies Have Authorities Concerned

Is Bitcoin a Scam? Cryptocurrencies Have Authorities Concerned

Bitcoin burst onto the scene in the early 2010’s with a bizarre concept that spoke to a changing financial landscape. Powered by the seemingly uncrackable security known as “blockchain” programming, Bitcoin is “mined” by powerful computers solving complex math problems. Once a coin is “mined” by a computing rig strong …

Read More
CEO Who Engaged in Cryptocurrency Scam Sentenced to 10 Years

CEO Who Engaged in Cryptocurrency Scam Sentenced to 10 Years

In the age of the internet, the number of scams has only increased. One such vector for scams opened up roughly a decade ago when Bitcoin and other cryptocurrency became popular. Cryptocurrency is supposed to be more secure and anonymous than paying with a credit card or bank number online. …

Read More
Common Holiday Scams to Look Out For

Common Holiday Scams to Look Out For

Around the holidays, people are looking to be charitable and get gifts for their loved ones. This makes it a perfect time for scammers to ply their trade of trying to part hard-working people from their money. Here are some of the more common holiday scams to be on the …

Read More
Fraudulent Emails from Iran Target Voters

Fraudulent Emails from Iran Target Voters

As we approach the 2020 election, scammers are working hard for their own nefarious ends. The National Intelligence Agency revealed this week that foreign actors from Iran accessed public registration records to target voters with fraudulent emails. “We have already seen Iran sending spoofed emails designed to intimidate voters, incite …

Read More
How Scammers May Try to Trick You This Halloween

How Scammers May Try to Trick You This Halloween

Halloween is the second-largest commercial holiday in America. With all that money up for grabs–not to mention so many people wearing masks–it’s a prime opportunity for scammers. Criminals are always looking for new ways to trick us. They’ll use the holiday as well as the unique circumstances of the pandemic …

Read More
NXIVM: When Does a Scam Become a Cult?

NXIVM: When Does a Scam Become a Cult?

Yesterday, Seagram’s liquor heiress Clare Bronfman was sentenced to 81 months in jail for her involvement with NXIVM. The organization used pyramid scheme tactics in order to lure victims into a depraved sex cult. What Was NXIVM? In case you missed it, NXIVM was a self-help multilevel marketing company founded …

Read More