SCAM
A SCAM is a dishonest scheme or fraud designed to deceive people, typically for financial gain or other benefits. It usually involves tricking someone into believing something false or misleading in order to exploit them. Scams can take many forms, such as:
Online scams: These involve deceptive emails, websites, or ads that trick people into providing personal information, downloading malicious software, or making payments for non-existent services or products.
Phishing: A type of scam where criminals impersonate legitimate organizations or people, typically via email, to steal sensitive information like login credentials, credit card numbers, or bank account details.
Investment scams: These involve fraudulent schemes promising high returns on investments that don’t exist, like Ponzi schemes or fake cryptocurrency opportunities.
Lottery or prize scams: The victim is told they’ve won a prize but must pay fees or taxes upfront to claim it, even though the prize doesn’t exist.
Romance scams: Fraudsters create fake profiles on dating sites or social media to manipulate individuals into sending money or gifts.
In all cases, the primary objective is to deceive individuals into taking actions that benefit the scammer, often at the expense of the victim’s time, money, or personal data.
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Minnesota man accused of stealing $1.6 million from Colorado woman in romance scam
A Minnesota man was indicted Tuesday on 21 counts of wire fraud and money laundering for allegedly procuring $1.6 million from a Colorado woman he met on a dating website.
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Man ordered to pay €14,000 to two women following involvement in romance scam
A 36-year-old Nigerian has admitted his involvement in a romance scam ring which defrauded two women. Romance fraud is a type of fraud where the victim believes that they are…
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EFCC Arrests 140 Suspected Yahoo Boys In Ikorodu
Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested 140 suspected internet fraudsters, also known as yahoo boys, in the Ikorodu area of Lagos State.
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Fake Army General’s Romance Scam Bilked Multiple Women Out Of $1 Million, Feds Say
Fola Alabi, 51 allegedly cheated elderly women by getting them to send him money so he could supposedly ship his belongings home from overseas
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Scammer claiming to be Korean oil rig worker dupes Malaysian widow out of nearly $1 million
A widow in Malaysia was duped into sending nearly 3.9 million Malaysian ringgit (approximately $908,510) to someone claiming to be a Korean man online.
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Stockton romance fraud victim duped into paying more than £10,000
A romance scam victim lost more than £10,000 to a fraudster in Nigeria amid a rise in people being conned online.
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Nigeria’s Chibueze cracked in Cambodia over romance scam
Nigeria’s Chukwueke Felix Chibueze has been arrested by the Cambodian police for engaging in romance scam on social media.
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Hong Kong, Malaysia police arrest 27 people in Interpol crackdown on romance scam gang
Police in Hong Kong and Malaysia have arrested 27 people in a joint operation with Interpol to crack down on a fraud syndicate that swindled 37 women in Southeast Asia…