June 15, 2025
Financial Assets

Internet scams hit record $16 billion in losses; $1 billoin in Florida

Cryptocurrency scams cost Americans more than $5.6B last year: FBI The FBI announced on Monday, Sept. 9, that Americans lost more than $5.6 billion in cryptocurrency scams in 2023. Straight Arrow News Floridians lost over $1 billion to online scams in 2024, with seniors being the most targeted group. Investment and cryptocurrency scams led to

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Financial Assets

Georgia man admits to helping Nigerian con men in sextortion plot

Teen boys blackmailed using nude photos is on the rise: What to know Predators financially extort teens, mostly boys, by blackmailing them with nude photos. Here’s what you need to know about the cybercrime. A Georgia man admitted he was part of a five-person money laundering conspiracy that took at least $150,000 from sextortion victims,

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Financial Assets

Britain’s FBI launches probe into Turkish barber shops used as a front for criminal gangs selling drugs, washing money and illegal workers

Turkish barber shops around the UK are being raided due to concerns that premises are being used by crime gangs for money laundering, tax fraud and illegal migrant work. The National Crime Agency (NCA), Britain’s FBI, has launched an investigation and has overseen dozens of raids in the past month, seizing tens of thousands of

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Fixed Assets

Michigan woman loses $100,000 in scam involving bitcoin ATM and cash

5 scams that seniors need to avoid With the emergence of AI and other new technologies, people have become more susceptible to scams online, especially older people. unbranded – Lifestyle No one — repeat, no one — needs to be so fearful that they’re stuffing tens of thousands of dollars in a box and standing

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