Latest coverage for Fraud

Human did 10% of the job, AI did 90%

Makers of Chrome, Edge, Firefox back bot-fraud defense called Private Access Control Tokens

15-year-old among six arrested after Dutch cops target suspected bank fraud call center

Telegram-based 'Outsider Enterprise' accused of sending millions of scam texts and impersonating trusted brands

Fortune 500 companies and one US defense contractor got taken for $5m in four-year scam Two Americans have been jailed for a combined 200 months for helping North Korea generate $5 million through fraudulent IT worker schemes.…

Cops bust latest scam, return $12m to bilked victims US, UK, and Canadian law enforcement Thursday said that they disrupted a $45 million global cryptocurrency scam, freezing $12 million in stolen funds and identifying more than 20,000 cryptocurrency wallet addresses linked to fraud victims across 30 countries.…

Bots are now firmly in the toolbox, helping crooks scale old scams Crims are taking advantage of AI to sharpen old scams. The FBI reported Monday that cybercrime losses hit a record $20.87 billion in 2025, with help from bots.…

They cleverly mimic most traits of a real phone Smartphones have fast become the basis of our digital identities, securing payment systems and bank accounts. Now virtual devices that pretend to be real handsets have become a key tool for financial scammers, according to one company. …

Interpol says fraud schemes using the tech are 4.5x more profitable AI is apparently good for the bottom line if your business is crime. Financial fraud schemes carried out with the help of artificial intelligence are 4.5 times more profitable than those that aren't enhanced, according to Interpol's latest estimates.…

International cops stuck down 23 servers in 7 countries Cops from eight countries this week disrupted SocksEscort, a residential proxy service used by criminals to compromise hundreds of thousands of routers worldwide and carry out digital fraud, costing businesses and consumers millions.…

'First time we have detected a crime using this method,' cops say Spanish police arrested a hacker who allegedly manipulated a hotel booking website, allowing him to pay one cent for luxury hotel stays. He also raided the mini-bars and didn't settle some of those tabs, police say.…

If you're serious about encryption, keep control of your encryption keys If you think using Microsoft's BitLocker encryption will keep your data 100 percent safe, think again. Last year, Redmond reportedly provided the FBI with encryption keys to unlock the laptops of Windows users charged in a fraud indictment.…

Teach a crook to phish… Criminals can more easily pull off social engineering scams and other forms of identity fraud thanks to custom voice-phishing kits being sold on dark web forums and messaging platforms.…

Redmond says cheap virtual desktops powered a global wave of phishing and fraud Microsoft has taken its cybercrime fight to the UK in its first major civil action outside the US, moving to shut down RedVDS, a virtual desktop service used to power phishing and fraud at global scale.…

Government is fed up with bad actors using digi-cash to fund dodgy deeds India’s government has updated the regulations it imposes on cryptocurrency services providers, as part of its efforts to combat fraud, money laundering, and terrorism.…

One cert, in plaintext, on thousands of devices, led to what looks like years of crime South Korea’s Ministry of Science and ICT has found that local carrier Korea Telecom (KT) deployed thousands of badly secured femtocells, leading to an attack that enabled micropayments fraud and snooping on customers’ communications – maybe for years.…

Judge says former most-wanted fugitive Mark Acklom will likely never return to the UK The UK's Crown Prosecution Service (CPS) says a fraudster who claimed to be part of MI6 must repay £125,000 ($168,000) to a former love interest that he conned.…

Judge said his fraud was on 'epic, generational scale' Terraform Labs founder Do Kwon will spend 15 years in jail after pleading guilty to committing fraud.…

'Sanchar Saathi' shares data to help fight fraud and protect carrier security India’s government has issued a directive that requires all smartphone manufacturers to install a government app on every handset in the country and has given them 90 days to get the job done – and to ensure users can’t remove the code.…

Metropolitan Police lands lengthy sentence following 'complex' investigation The Metropolitan Police's seven-year investigation into a record-setting fraudster has ended after she was sentenced to 11 years and eight months in prison on Tuesday.…