The Blackfriars Crown Court in the United Kingdom has sentenced six Nigerians and five other foreigners to more than 43 years imprisonment for defrauding many businesses and individuals of millions of dollars. The Nigerians include three brothers, two women who are wives to two of the brothers, and the sixth person who is their associate. […]
A Nigerian internet fraudster popularly known as Yahoo Boy, Hammed Akinola has bagged 180 months (15 years) imprisonment for a $10million fraud. His sentence was ordered by a Federal High Court in Houston, Texas, in the United States of America (USA) . Akinola’s accomplice American accomplice was not spared also, U.S. District Judge David Hittner
New voluntary code comes into play to protect scams in which victim pays fraudster directly All the major UK banks and Nationwide building society have signed up to the new code of conduct. Photograph: Bloomberg/Getty Images Bank customers who fall victim to frauds after 28 May will have a greater chance of being refunded.
Bank fraud victims likely to be offered fairer treatment Read More »
Crying out from near the top of the FBI’s cybercrime report last week was a heartbreaking statistic. The second-costliest category of crime, behind only compromised business email, was confidence and romance fraud, with a 2018 cost of $363 million. What does romance fraud look like? The FBI cases read like the ultimate cautionary tales about
Romance Fraud is a Top Cybercrime, the FBI Says by Avast Blog on April 29, 2019 Read More »
Nine Nigerians have been arrested in the United States over allegations of fraud. Geoffrey Berman, the U.S. Attorney for the Southern District of New York, and James Spero, Special Agent in Charge of the Tampa, Florida, Field Office of U.S. Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), announced this in a statement. The suspects
Nine Nigerians arrested in US for $3.5m fraud Read More »
Facebook Facebook on Thursday confirmed that it uploaded the contact details of 1.5 million new users without their permission in the last three years. “The error was discovered amid a change to the sign-up process made in March,’’ Facebook stated in a publication by the US news website Business Insider. The California-based social media giant
Facebook Uploaded 1.5 Million Users’ Email Contact Without Consent Read More »
Wangiri Fraud:Wangiri fraud or “One Ring and cut scam”is coined from two Japanese words –“wan”which means one and “giri”which translates to hang up. Wangiri fraud is committed by making random calls from premium rated lines, allowing it to ring once and then hanging up; so the number is recorded as a missed call on the
Wangiri Fraud:Wangiri fraud or “One Ring and cut scam” Read More »
Cyber security experts have revealed a list of the 12 most common subject lines used in phishing emails targeting businesses. The list shows that fraudsters are using a combination of personalisation and pressure in an attempt to deceive victims. In many cases, the language contained in the subject line of the email mimics popular terms
The 12 subject lines that could indicate your email is under attack Read More »
A proliferation of mobile applications on popular online stores is exposing Kenyans to increased cyber-attacks and fraud, the latest sector statistics report by the Communications Authority of Kenya (CA) shows. The report covering October-December 2018 shows a dramatic spike in malware attacks, targeting mobile devices and which has seen unsuspecting Kenyans defrauded in online
Fake mobile applications exposing Kenyans to cyber fraud, CA Report Read More »
Don’t let fraud ruin your fun – Action Fraud warns against fraudsters targeting online gamers. Action Fraud is warning parents and online gamers of the risk of fraud involving Steam Cardsand Fortnite. Between 1 April 2017 and 31 March 2018, Action Fraud received 35 reports of Fortnite related fraud, with a total loss off £5,119 – an average of £146
Fraudsters targeting online gamers Read More »
