Financial frauds occur when scammers violate the security of the internet and breach into the users’ networks to steal personal information, steal data, and ultimately their money. As a result, internet users may feel distraught. And while the number of cases is frequently increasing, there are cases that go unreported, ultimately damaging the financial status…
Officials from Cyber-Forensics.net highlight common scams targeting bitcoin users and suggest preventive ways. Bitcoin scams are making rounds these days, tricking investors into spending in fake bitcoin schemes. The scammers are connecting with traders through social media apps, dating apps, text messages, emails and sending them messages with links to fake websites. Once the site…
Scammers are targeting foreign exchange investors and proposing fraudulent schemes. Cyber-Forensics.net explains everything traders need to know before investing in the forex market. The foreign exchange market is an over-the-counter marketplace that determines the exchange rates of various currencies globally. Given its ability to empower small bankers to large business organizations, the potential benefits of…
The tax season commonly runs between January to April for most organizations. Criminals impersonate government agents and steal money. As the hard working citizens prepare to pay a percentage of their income to the government for the welfare of the nation, scammers are seeking loopholes to steal sensitive personal information. They are reaching potential targets…
Artificial intelligence gives advantages over traditional fraud detection methods and increases victims’ chances at fund recovery. In an era of digital technology, new and powerful tools are being used for investigating frauds and ensuring that criminals are brought to justice. Apart from solving complicated cases, the wealth of data offered through emails, messages, bank…
Love-related fraud schemes is a multimillion-dollar industry costing over $40 million loss. Look at these tips by Cyber-Forensics.net to protect against lovers cum scammers. Love scams have seen a disturbing trend in the past few years. With reports indicating a triple-fold increase in the victim’s rate between 2016-2020, organizations are revealing losses amounting to $304…
Fraudsters often make lucrative offers with catchphrases like “guaranteed job”. But the jobs are not guaranteed and many times, they don’t even exist. The changing dynamics of the ever-growing labor market have also emboldened scammers. With online search for a dream job becoming a common norm, it’s easier for fraudsters to hide behind electronic channels…
Millions of student loan borrowers reported receiving phone calls offering to pay back loans or outright forgiveness. Federal agencies worldwide are encouraging student loan borrowers to be cautious as questionable companies and possible fraudsters are targeting borrowers with false offers of loan forgiveness. Timothy Benson, the chief analyst at Cyber-Forensics.net, said in a news release,…
Scammers in Russia are targeting users on Instagram and making them invest in fake trade investment schemes. Cyber experts say people should report the potential scams immediately. Law Enforcement agencies in Russia and worldwide are conducting investigations after a trade investment fraud is swindling millions of Instagram users. The agencies are collaborating with non-governmental organizations…
Bitcoin recovery scammers contact scam victims and pose as legal fund recovery specialists. Cyber-Forensics.net suggests tips to differentiate between fake recovery agents from genuine ones. Despite its volatile nature and absence of centralized authority, millions of investors continue to throng towards investing in Bitcoins and fall victim to sketchy fund recovery scams. According to Broker…