Fraud
U.S. seizes $15 billion in bitcoin from Cambodian crypto scam
AI द्वारा रिपोर्ट किया गया AI द्वारा उत्पन्न छवि
Federal prosecutors have charged Chen Zhi, chairman of Cambodia's Prince Holding Group, with wire fraud and money laundering in a global cryptocurrency scam that exploited forced labor. The U.S. government seized bitcoin worth approximately $15 billion, marking the largest forfeiture action in Department of Justice history. Chen remains at large, facing up to 40 years in prison if convicted.
Shelton man loses life savings in online crypto scam
A man from Shelton, Connecticut, has lost $228,000 in savings to an online cryptocurrency investment scam. Joe Allen shared his story to warn others after falling victim to fraudsters posing as ZAP Solutions. His family has reported the incident to local police and the FBI.
Robbery at Susana Zabaleta's home uses 'La Patrona' method
Mexican actress Susana Zabaleta was robbed at her Mexico City home while on vacation, through the 'La Patrona' scam that extorted her domestic worker. Authorities confirmed the incident and noted it is not the first break-in at her property. The method also targeted TV host Pati Chapoy in 2019.
Crypto scam targets Richland County
A cryptocurrency scam is targeting residents in Richland County, South Carolina. Local news outlet WLTX reports on the issue, highlighting risks to the community.
Yeidep postpones business grants disbursement and warns fraudsters
20 अक्टूबर 2025 00:42Indictment against former Hertha investor for fraud
17 अक्टूबर 2025 00:53Houston woman loses thousands in jury duty scam using crypto
17 अक्टूबर 2025 00:53Five men arrested in London over alleged crypto investment scams
15 अक्टूबर 2025 00:33Crypto ATM scams defraud Americans of millions
09 अक्टूबर 2025 00:14FINRA survey highlights crypto investors' fraud vulnerability
08 अक्टूबर 2025 00:49Former employees allege fraud sustains Canada's crypto ATM industry
07 अक्टूबर 2025 00:14Fraudsters use crypto ATMs to launder millions from Canadian victims
US seizes $15 billion in bitcoin from Cambodian pig butchering scam
AI द्वारा रिपोर्ट किया गया AI द्वारा उत्पन्न छवि
Federal prosecutors have seized 127,271 bitcoin worth approximately $15 billion from a massive cryptocurrency fraud scheme operated from forced labor camps in Cambodia. The operation, led by Chinese national Chen Zhi, involved human trafficking and investment scams targeting victims worldwide. Chen faces charges of wire fraud and money laundering conspiracy, marking the largest forfeiture action in US history.
New York AG Letitia James faces federal mortgage fraud indictment
AI द्वारा रिपोर्ट किया गया
A federal grand jury in Virginia indicted New York Attorney General Letitia James on October 9, 2025, for bank fraud and making false statements related to mortgage applications. NYC mayoral candidate Zohran Mamdani defended James the next day, calling the charges political retribution by the Trump administration. Conservatives on social media mocked James by resurfacing her past statements about no one being above the law.
AI-generated receipts fuel rise in fake expense claims
Businesses face a growing threat from employees using advanced AI tools to create realistic fake expense receipts. Expense management platforms report a sharp increase in such fraud attempts since the launch of improved image-generation models. Companies are now relying on AI detection systems to combat the deception.
Police body camera captures crypto scam at bitcoin ATM
Authorities have released police body camera footage showing an alleged scammer pressuring a woman to surrender her life savings at a Bitcoin ATM. The incident, captured on video, highlights the risks of cryptocurrency scams. The event was reported on October 11, 2025.