A popular Instagram personality has been charged in the U.S., accused of stealing bitcoins worth millions of dollars from his followers. He allegedly convinced the “victims to sell him their bitcoin at attractive, but inflated, values” but he never wired them the money for the coins sent to him. Instagram Influencer’s Bitcoin Scam The U.S.…
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A substance suspected to be a bomb has exploded at the Umuola Hall, Ward 8, Ogbor Hill, Aba North council, in Abia State, at the ongoing by-election into the Aba North/South federal constituency seat.According to Vanguard, no life was lost, but electoral materials were scattered as workers, voters and party agents scampered to safety. However,…
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PodcastWhy has Covid caused a surge in scams? What’s got into the world’s stock markets? And will men really start wearing skirts?by The Week team26 Mar 2021Olly Mann and The Week delve behind the headlines and debate what really matters from the past seven days.In this week’s episode, we discuss:ScamsThe number of scams reported during…
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Right-wing movements ranging from QAnon to the Plandemic, Stop the Steal to the Boogaloo Bois, have always drunk from the same toxic wellspring of paranoid alienation, even as they sometimes differ in the particulars of their ideologies. With the passing of Donald Trump from the political and Twitter scenes—for now—these movements have struggled to find…
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Back in August, alleged serial scammer Peter Foster was arrested by Queensland law enforcement over an international sports betting scam worth millions of dollars in BTC. Peter Foster has now been released on bail (with strict conditions), due to issues regarding the jurisdiction in which he should be tried. After being arrested in Queensland, he…
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The seal of the United States Department of Justice is seen on the building exterior of the United States Attorney’s Office of the Southern District of New York in Manhattan, N.Y., on Aug. 17, 2020. (Andrew Kelly/Reuters) The Department of Justice announced it has charged nearly 500 people with engaging in COVID-19 scams worth hundreds…
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A Nigerian man, Iheanacho Chikwendu has been jailed by a court in Umuahia, Abia state.Justice Emeka Isiagor of the Federal High Court, Umuahia, Abia State convicted and sentenced Chikwendu who is a fake Travel Agent to seven years imprisonment for defrauding his victims the sum of N9 million.He was jailed on March 19, 2021 after…
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The Economic and Financial Crimes Commission today March 25, 2021, secured the conviction of Okungbowa Collins and Florence Omorodion before Justice Lewis Allagoa of the Federal High Court sitting in Kano on separate one count of obtaining money by false pretense.They allegedly used their company, Binomo Investment to fraudulently obtain money from innocent victims under…
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Over $US400 million ($AUD525.6 million) has been made by scammers through “fleeceware applications”, an increasingly popular avenue for cyber thieves to take recurring payments from often unsuspecting users. Alarming new research conducted by multinational cybersecurity software company Avast found that 204 applications, with almost a billion downloads combined, were made available on the Apple App…
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