Rhonda – an Australian nurse – lost all her savings after being lured into a fake bitcoin investment. The fraudulent scheme stole hundreds of thousands from the devastated Sydney woman just months before her retirement. Dreams of Retirement Were Dashed An Australian nurse revealed in a recent interview for 2GB radio how a cryptocurrency scam…
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Investors who lack experience and knowledge about new asset class an easy prey for bad actors The Dubai Electronic Security Centre officially confirmed on Thursday night that the digital currency known as “Dubai Coin” is not authorised by any administrative body. The site trying to promote the coin is an unlicenced entity aimed at phishing…
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Talks between the Biden White House and a group of senators seeking a “bipartisan compromise” on the president’s infrastructure bill have been rocky. There were even reports early this week that they had stalled. That was good. But now, with the arrival of the latest Republican counterproposal to President Biden’s laudable and necessary infrastructure plan,…
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Once, mayors of New York City were towering national figures. Fiorello LaGuardia inspired a musical. John Lindsay, who exuded patrician charisma as he walked the streets of Harlem in the 1960s, was the first of four modern mayors to run for president. The combative Ed Koch even waded into foreign policy, ridiculing the United Nations…
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Another warning for Fortinet device users, a movie site scam and don’t be tricked by ads on search engines.Welcome to Cyber Security Today. It’s Friday May 28th. I’m Howard Solomon, contributing reporter on cybersecurity for ITWorldCanada.com.Another warning is going out to network administrators using Fortinet’s Fortigate firewalls. This one comes from the FBI, which said…
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The regulator is tackling one of the crypto world’s most infamous Ponzi schemes. Key Takeaways The U.S. SEC has charged five individuals with connections to the crypto Ponzi scheme BitConnect. BitConnect was mainly active in 2017. It raised more than $2 billion during the year that it was operational. Regulators initially took action against BitConnect…
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The United States Securities and Exchange Commission (SEC) has filed a lawsuit against five individuals in connection with BitConnect for promoting and selling unregistered securities. BitConnect is a notorious cryptocurrency Ponzi scheme that stole billions of dollars from investors, making it one of the biggest scams in the crypto industry. The SEC alleges that the…
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Photo: Prostock-studio (Shutterstock)Some 53% of Americans are planning at least one trip this summer, and scammers will be following them every step of the way. Whether you’re booking flights or rental cars online; at the airport; or even in your hotel room, scams are everywhere. And we’re not just talking about garden-variety phishing texts, either—as…
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Dubai authorities issued a warning against a digital currency called Dubai Coin, stating that the token never received approval from any official authority. Dubai Does Not Have an Official Digital Currency In a tweet on Thursday (Amy 27, 2021), the Dubai Media Office said that an unlicensed website was promoting the scam token and using…
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