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…
Charity fraud schemes depend on the public’s generosity. Scammers set up fake organizations to take advantage in times of tragedies and disasters. The act of helping others by donating money to charity in times of tragedy or disasters is the greatest act of humanity. However, federal authorities are on guard these days as unscrupulous charity…
In overpayment scams, fraudsters pay for obtaining service via a fake check. Later, they claim they overpaid the amount and pressurize the service provider to return the balance. Cyber experts say identify common signs before sending money. An emerging trend in cyber crimes is becoming a growing cause of concern for authorities worldwide. Scammers are…
As law enforcement urges people to avoid crowd-gathering and join virtual events this festival season, scammers are selling bogus tickets. Cyber-Forensics.net is among the reputable agencies creating awareness regarding a new type of digital scam making the rounds these days. The fraud involves tricksters selling fake tickets for virtual events online. The fraud has already…
A Ponzi scheme is a type of investment fraud. It involves an illegal business practice where individuals are tricked into investing their money in a false business in return for hefty profits. Cybercriminals are defrauding investors in a rising number of Ponzi Schemes. Reported figures indicate a 70% jump in the second quarter this year….
Ticket-selling scams involve using tickets as bait to steal consumer money. The scammers usually sell fake tickets or make individuals pay for fake tickets, or even steal credit card information to defraud them. As covid-19 restrictions began to lift, people anticipated the return of in-person festivals and events. However, just like the internet provides countless…
Scammers posing as government agents are stealing personal information and asking for fees to apply for funeral assistance programs meant for surviving family members of covid-19 victims. A new breed of scam targets millions of families looking for financial help from government funeral assistance programs that help pay for burial costs. In the United States,…
Ransomware is an encryption program that demands payment to release infected company data or device files. The ransomware attack is usually launched through a pop-up form. In 2020, The Federal Bureau of Investigation received 2,474 ransomware attack complaints. Unfortunately, these attacks have only become more prevalent since last year. To add to the issue, cybersecurity…