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3 mins read

Noida woman tries getting her sim card converted into e-sim, ends up losing Rs 27 lakh

A 44-year-old woman from Noida fell victim to an eSIM scam, losing ₹27 lakh and becoming the target…

Business Insider Latest Story Image
2 mins read

Here's why Gen Z loses more money to online scams than boomers

Gen Z reported losing the most money over average to online scams last year. Boomers lost less on a…

Kenneth Niemeyer   


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2 mins read

Zelle says it's up to the police to stop scams

Lawmakers say reimbursements for Zelle users who disputed payments have decreased, and this week ca…

Kenneth Niemeyer   


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5 mins read

10 financial scams that shook India: A dive into deception

From Ponzi schemes to bank frauds, the Indian government and investors have fallen victim to many f…

Business Insider Latest Story Image
1 min read

CrowdStrike imposters are luring victims into scams after global tech outage

CrowdStrike warned about a significant increase in scammers impersonating the company through fake …

Kenneth Niemeyer   


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11 mins read

I was scammed out of $300K in a 3-month-long government impersonation scam

Over the course of 3 months, a 28-year-old woman was scammed out of over $300,000. When she realize…

Jane Zhang   


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1 min read

Supreme Court grants bail to Chief Minister Arvind Kejriwal in Liquor scam case

The Supreme Court granted bail to Chief Minister Arvind Kejriwal in a corruption case related to th…

ANI   


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2 mins read

The number of Ozempic and Wegovy scams has grown by 183% so far this year

Scammers are posing as doctors to sell Ozempic and Wegovy weight loss drugs on Facebook and Craigsl…

Kenneth Niemeyer   


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2 mins read

IPO scam – Two victims from Hyderabad lose over ₹11 crore in fake IPO scams

In yet another instance of fraudsters using the rising popularity of the stock market and initial p…

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2 mins read

Online scams might soon just be a battle between AIs

Harvard Business School researchers say AI could completely automate phishing attacks and reduce th…

Kenneth Niemeyer   


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2 mins read

Noida woman invests in stock market via an app, loses over Rs 69 lakh as it turns out to be a scam

A 32-year-old woman from Greater Noida lost over Rs 69 lakh to scammers posing as stock market advi…

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2 mins read

Mexican cartels have stolen over $300 million from American seniors in elaborate timeshare property scams

Older Americans are falling victim to massive timeshare fraud at the hands of Mexican cartels, the …

Kenneth Niemeyer   


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2 mins read

Sebi chief, husband denies Hindenburg allegations as baseless

US short-seller Hindenburg Research lslleged that Sebi chairperson Madhabi Puro Buch and her husban…

PTI   


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3 mins read

Income Tax department issues warning to taxpayers, asks them to stay safe from ITR Refund scams

There has been an increase in scams targeting Indian taxpayers after the Income Tax Return filing d…

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2 mins read

Bengaluru couple loses Rs 1.5 crore while investing online, recovers most money with help of Police

An online scam led to a Bengaluru couple losing Rs 1.53 crore. The fraudsters, operating from the U…

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2 mins read

An ex-Mastercard executive was nearly scammed of $100,000. Here's how she spotted it.

Account takeover fraud surged 354% in 2023, costing $13 billion. Here's how a former Mastercard exe…

Kenneth Niemeyer   


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5 mins read

Apple considers investing in OpenAI, joining rival Microsoft in AI race

Apple is considering to invest in Open AI. But, with Microsoft already investing roughly $13 billio…

Dan DeFrancesco   


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3 mins read

My small business fell for a counterfeit check scam. It dented my confidence and made me more cautious.

Eat Your Flowers bakery was scammed with a $7,500 counterfeit check. Loria Stern told BI it's added…

Joshua Nelken-Zitser   


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3 mins read

Hyderabad man uses online trading app to try and earn some extra money, loses Rs 8 lakh

A 40-year-old Hyderabad man lost Rs 8.17 lakh to an online investment scam after being lured via ra…

Business Insider Latest Story Image
2 mins read

A massive remote-work scam fooled 300 US companies into hiring North Koreans, prosecutors say

An Arizona woman aided North Koreans in find remote-work US jobs, funnelling their wages back to th…

Joshua Zitser