-
+25 +1
Gwyneth Paltrow's Goop Just Raised Gobs of Money to Peddle Pseudoscience
There is good money in pseudoscience.
-
+14 +1
Fraudsters jailed for £37m web scam
A group of fraudsters who conned UK consumers out of £37m by selling passports and driving licences through copycat websites have been sentenced to more than 35 years in jail. The six people, led by Peter Hall and including his wife Claire, operated websites that impersonated official government services. They then sold key documents to people for inflated prices. The illegal profits were used to fund luxury holidays and cars.
-
+9 +1
Study: Millennials are duped by fraudsters more often than the elderly
Elderly people tend to get all the flak for falling prey to dubious online scams. But it appears that the trend may have nothing to do with seniority, according to an annual report from the Federal Trade Commission. In 2017, millennials reported losing money to fraud more often than those over the age of 70, the study showed.
-
+8 +1
Cryptocurrency Scammers Are Running Wild On Telegram
Messaging app Telegram started out as a WhatsApp alternative, but it's fast becoming a petri dish for cryptocurrency get-rich-quick schemes, propped up by dubious trading bots and bogus celebrity endorsements from Christopher Walken and Dwayne “The Rock” Johnson. That may be a problem as it heads toward a possible billion-dollar initial coin offering.
-
+30 +1
The Strange Brands in Your Instagram Feed
A new breed of online retailer doesn’t make or even touch products, but they’ve got a few other tricks for turning nothing into money.
-
+32 +1
This Pricey 'Raw Water' Is a Total Scam—$64 Gets You Tap Water from Oregon
You've probably heard the buzz about "raw water," the hottest new drink in Silicon Valley. It promises benefits like "natural probiotics" and "beauty minerals" like silica—and as we just discovered, it's a total rip-off.
-
+36 +1
White ‘Nigerian Prince’ Email Scammer Arrested in Louisiana
Following an 18-month investigation, a man said to have served as the go-between for an international team of scammers running an elaborate “Nigerian prince” email scheme has been arrested in Slidell, La.
-
+42 +1
Radioactive playing cards found in Berlin
Police say players could wear a hidden detector to help them detect certain cards and cheat.
-
+13 +1
'Market manipulation 101': 'Wolf of Wall Street'-style 'pump and dump' scams plague cryptocurrency markets
Cryptocurrency exchanges are rife with "pump and dump" scams that would be illegal in most markets and leave unsuspecting investors at risk of large losses, a Business Insider investigation has found.
-
+20 +1
Netflix users are being targeted by an email scam — what you need to know
Netflix subscribers are the latest targets of a new phishing scam trying to trick users of the streaming service into thinking that accounts are in danger of being suspended. Email recipients receive personalized notices informing them that their billing information needs to be updated and they must “restart their membership.” The bogus email includes a link to a fake Netflix website that asks users to log in and then enter various types of personal information.
-
+32 +1
Red Cross: $6 Million Meant to Fight Ebola Was Stolen Through Fraud
Fraud by Red Cross workers and others wasted at least $6 million meant to fight the deadly Ebola outbreak in West Africa, the organization confirmed Saturday. The revelations follow an internal investigation of how the organization handled more than $124 million during the 2014-2016 epidemic that killed more than 11,000 people in Sierra Leone, Liberia and Guinea.
-
+38 +1
Chinatown’s Ghost Scam
When elderly immigrants fall prey to fraudsters promising protective blessings, their life savings are spirited away.
-
+21 +1
Carnival scam science - and how to win
Summary: I collected data at the carnival for a full day. Then I used that information to figure out which games are the biggest scams using science to analyze them and show you how to beat them. I also figured out how much the carnival actually pays for the prizes so even if you win, you lose. And then I visited the carnival with my professional baseball playing buddy to dominate all the games. It worked well.
-
+17 +1
Kobe Steel Scam Hits Planes, Trains, Automobiles
Kobe Steel Ltd. has made a startling admission: It sold products that failed quality control tests to about 500 companies. Worse still, it did so not in error but by falsifying data to make it appear that items had made the grade. Aircraft, electronics, car and bullet train manufacturers were among the recipients, raising obvious safety concerns. From Boeing Co. to Ford Motor Co., companies are scrambling to check any affected products.
-
+1 +1
Consumer protection bureau cracks down on payday lenders with tough nationwide regulations
The nation’s top consumer financial watchdog on Thursday issued tough nationwide regulations on payday and other short-term loans, aiming to prevent lenders from taking advantage of cash-strapped Americans. The long-awaited rules from the Consumer Financial Protection Bureau — the first broad federal regulations — would require lenders in most cases to assess whether a consumer can repay the loan.
-
+11 +1
‘Catch Me if You Can’ Scam Artist Has a Warning for Today’s Consumers
Frank Abagnale Jr., whose exploits inspired the Leonardo DiCaprio movie, says digital technology and social media only make things easier for swindlers now.
-
+16 +1
There Are Now 8,000 Fake Science ‘Journals’ Worldwide, Researchers Say
Researchers from high-profile institutions are falling for these scams.
-
+11 +1
Alleged Kickstarter Scam Confederate Express Has Returned
Back in 2013, 2386 backers pledged a total of $39,739 via Kickstarter to a company called Kilobite to create a dystopian tactical RPG called Confederate Express. The game boasted a unique method of post-processing powered by tech known as the “False2D” API, which could “[simulate] 3D conditions in 2D environments.” A tech demo showing off this technology was made available alongside the Kickstarter campaign.
-
+11 +1
Woman steals 36,000 amusement park tickets from her job
A sales director at a Brooklyn charter bus company took her employer for a ride —36,000 rides, actually — by stealing more than $1 million in amusement park tickets, prosecutors said Wednesday. Rosemarie Bader, 51, of Staten Island, ran the scheme for nearly three years, over-purchasing tickets to Six Flags Great Adventure and Dorney Park, prosecutors said.
-
+17 +1
Two International Bank Managers Charged In Interest Rate Manipulation Scheme
Two French bank managers were indicted today for participating in a scheme to transmit false and misleading information related to the London Interbank Offered Rate (LIBOR), a global benchmark interest rate to which trillions of dollars of financial transactions are tied. Acting United States Attorney Bridget M. Rohde of the Eastern District of New York, Acting Assistant Attorney General Kenneth A. Blanco of the Justice Department’s Criminal Division, and Assistant Director-in-Charge Andrew Vale of the Federal Bureau of Investigation’s (FBI) Washington Field Office made the announcement.
Submit a link
Start a discussion