ic3.gov – Computer Security Articles

Massive Losses Define Epidemic of ‘Pig Butchering’

July 21, 2022 admin A Little Sunshine, chainalysis, courtney nolan, employment fraud, Erin West, FBI, ic3.gov, justin maile, Latest Warnings, pig butchering, REACT Task Force, The Coming Storm, vice news, Web Fraud 2.0, WhatsApp, xtb-market

Credit to Author: BrianKrebs| Date: Thu, 21 Jul 2022 16:35:28 +0000

U.S. state and federal investigators are being inundated with reports from people who’ve lost hundreds of thousands or millions of dollars in connection with a complex investment scam known as “pig butchering,” wherein people are lured by flirtatious strangers online into investing in cryptocurrency trading platforms that eventually seize any funds when victims try to cash out.

Independent Krebs

FBI: Extortion, CEO Fraud Among Top Online Fraud Complaints in 2016

June 23, 2017 admin bleepingcomputer.com, Catalin Cimpanu, ceo fraud, extortion, FBI, ic3.gov, Internet Crime Complaint Center, Other, ransomware

Credit to Author: BrianKrebs| Date: Fri, 23 Jun 2017 14:09:22 +0000

Online extortion, tech support scams and phishing attacks that spoof the boss were among the most costly cyber scams reported by consumers and businesses last year, according to new figures from the FBI’s Internet Crime Complaint Center (IC3). The IC3 report released Thursday correctly identifies some of the most prevalent and insidious forms of cybercrimes today, but the total financial losses tied to each crime type also underscore how infrequently victims actually report such crimes to law enforcement.