Judge Orders Fraudster to Jail, Return Stolen Cryptocurrency to Victims
A federal judge sentenced a cryptocurrency fraudster named Jerry Ji Guo to prison and return the funds he embezzled from his victims.
Court documents showed...
Court Orders Sanctuary Belize Scam Ringleaders to Pay $120.M to FTC
A federal district court entered a final order approving a huge amount of financial judgment against the Sanctuary Belize scam ringleaders that defrauded U.S....
Bulgarian Crypto Exchange CEO Imprisoned For Role In Online Auction Fraud
A Bulgarian cryptocurrency exchange CEO was sentenced to ten years in prison for his role in a multi-million dollar transnational online auction fraud that...
Mastermind behind “GemCoin” crypto scheme sentenced to 10 years in prison
The mastermind behind the “epic proportions” GemCoin crypto scheme has been sentenced to 10 years in federal prison, according to the U.S. Attorney's Office...
SEC charges Virgil Capital and its 23 years old CEO Stefan Qin with fraud
The Securities and Exchange Commission (SEC) filed an emergency enforcement action against Virgil Capital LLC, its affiliated companies, and 23-year-old CEO Stefan Qin, for...
FBI PIN warns that ransomware attackers are calling to threaten their victims
DoppelPaymer ransomware victims are receiving phone calls from the hackers after their systems are infected by the malware and ransom demands are made.
Cybersecurity...
Shipchain, Founded by John Monarch, Gets Shutdown via SEC Enforcement Action
🚨 Alert 6/15/22🚨 John Monarch's co-defendant has implicated him in an alleged blackmail after Monarch attempted to clear his liability by falsely shifting the...
SEC charges Decision Diagnostics, CEO Keith Berman with fraud over COVID-19 blood testing device
Decision Diagnostics Corp., a biotechnology company based in California, and its CEO Keith Berman, are facing fraud charges filed by the U.S. Securities and...
Avast lists 28 malware-infected browser extensions, downloaded 3 million times
Prague-based Avast reported that almost 3 million people have been infected by browser extensions they downloaded for Google Chrome and Microsoft Edge browsers. The...
FTC announces nationwide crackdown of scammers called Operation Income Illusion
The Federal Trade Commission (FTC) together with federal, state, and local law enforcement partners announced Operation Income Illusion, a nationwide crackdown on scammers.
According to...