Category: Fraud
The Incredible True Story of the Largest Sting Operation Ever
In 2018, a secure communications app called Anom started to gain popularity among organized criminals. Soon, top tier drug traffickers were using it all over the world. Because they thought their messages were secure, smugglers and hitmen coordinated high stakes crimes across the platform. But Anom had a secret: it was secretly run by the…
Largest stolen credit card market shunned by cybercriminals after alleged “exit scam”
Yale Lodge – the largest dark web vendor of stolen credit cards – has suffered a mass exodus of both customers and stolen data suppliers after apparently stealing their funds. Though the vendor is still online and has blamed the issues on “technical difficulties”, it has been banned and removed from all high-profile cybercriminal forums…
Hackers bombard France with DDoS attacks
Hackers have hit French government websites with Distributed Denial-of-Service (DDoS) attacks in support of detained telegram founder and CEO Pavel Durov. The targets of the attacks included government platforms, public service portals, an online doctor’s appointment system and non-governmental websites such as the Institute of Social Sciences and Politics and the daily newspaper La Voix…
A Diplomatic Standoff Over Pavel Durov
The Background: Pavel Durov, the founder of the popular messaging app Telegram, has been a subject of controversy between Russia and France. He has been critical of the Russian government and has faced pressure from authorities. Durov’s French citizenship has complicated the matter, as both countries claim jurisdiction over him. The Recent Demand: Moscow has…
Nigeria: Meta removes 63,000 accounts linked to sextortion
Meta said Wednesday it had removed about 63,000 Instagram accounts in Nigeria that were engaging in sexual extortion and had taken down thousands of Facebook groups and pages that were trying to organize, recruit and train new scammers. Sexual extortion, or sextortion , involves persuading someone to send explicit photos online and then threatening to…
Interpol arrests 300 people in a global crackdown on West African crime groups
In a global operation targeting West African organized crime groups across five continents, police arrested 300 people, seized $3 million and blocked 720 bank accounts, Interpol said Tuesday. Operation Jackal III, which ran from 10 April to 3 July in 21 countries, aimed to fight online financial fraud and the West African syndicates behind it,…
Google Sues App Developers Over Fake Crypto Investment App Scam
Google has filed a lawsuit against two app developers for engaging in an “international online consumer investment fraud scheme” that tricked users into downloading bogus Android apps from the Google Play Store and other sources and stealing their funds under the guise of promising higher returns. The individuals in question are Yunfeng Sun (aka Alphonse…
Sam Bankman-Fried sentenced to 25 years for FTX fraud
The co-founder and CEO of FTX has been sentenced. FTX co-founder Sam Bankman-Fried was sentenced to a total of 300 months, or 25 years, in prison for seven counts of conspiracy and fraud charges stemming from the collapse of the crypto exchange he started. The judge applied a 240-month sentence and a 60-month sentence to…
Chrome’s Standard Safe Browsing Now Has Real-Time URL Protection
Chrome’s standard Safe Browsing protections now provide real-time malicious site detection and Password Checkup on iOS now flags weak passwords. Google today announced that the standard Safe Browsing protections in the Chrome browser can now identify bad sites in real time. The real-time protection was previously available if the Enhanced protection mode was enabled in…
Recent Posts
- The Great War of Africa: A Forgotten Tragedy That Shaped a Continent
- US declares interest in developing African mining sector
- 🇹🇳 A Tunisian extremist is on trial accused of killing 3 people in a French church
- 🇳🇦 Sam Nujoma: The Architect of Namibian Freedom
- 🇬🇭 Ghana bans first-class travel for government officials
Tags
Africa African Union Algeria Banking Banking Sector Brazil BRICS Burkina Faso China Corporate Banking Cryptocurrency Digital Currency DRC ECOWAS Egypt Ethiopia Finance France Ghana Guinea Haiti Kenya Liberia Libya Mali Military Industries Mining Morocco Niger Nigeria Oil & Gas Industry Pan African Communication Pan African Nations Presidential Elections Russia Senegal Somalia South Africa Sudan Uganda United States United States of America West Africa Zambia Zimbabwe