crypto scam

‘My Lookalike Brother Used My Glasses To Fool SoFi’s Online Verification; He Loaned $52K Under My Name And Lost It All To A Crypto Scam’

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‘My Lookalike Brother Used My Glasses To Fool SoFi’s Online Verification; He Loaned K Under My Name And Lost It All To A Crypto Scam’

A unique case of identity theft has emerged, revealing how a determined scammer exploited an online bank’s verification process to steal a $52,000 loan, only to lose the entire sum to a cryptocurrency scam. ABC 7 News’s 7 On Your Side investigative team uncovered the details after receiving an anonymous package from Manila, Philippines. The … Read more

80-Year-Old Californian Contemplates Suicide After Losing $720K Life Savings To Scammer

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80-Year-Old Californian Contemplates Suicide After Losing 0K Life Savings To Scammer

Senator proposes new bill to curb financial elder abuse. Alice Lin 80-year-old Alice Lin was tricked into wiring her life savings of $720,000 to an online scammer in August 2022. The grave situation made the Southern California widow contemplate suicide. However, Lin, who also takes care of her disabled son, decided to fight back for … Read more

Mark Cuban: Billionaire investor Mark Cuban loses $870K in crypto scam

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Mark Cuban: Billionaire investor Mark Cuban loses 0K in crypto scam

San Francisco, Mark Cuban, an American businessman, investor, film producer, and television personality, lost about $8,70,000 to a crypto scam late on September 15. On-chain sleuth Wazz first noticed the unusual transactions in the MetaMask cryptocurrency wallet labelled ‘Mark Cuban 2’ on EtherScan. The wallet had been inactive for more than five months, reports CryptoSlate. … Read more