‘Free Money’ Crypto Scam Uses Fake Wallets to Steal Your Funds

A terrifying new crypto scam leaves users trapped in wallets they thought were free money—only to watch their crypto vanish into the hands of scammers. The ‘Free Money’ Crypto Trap—How Fake Wallets Are Draining Crypto Kaspersky, a global cybersecurity and anti-virus company, detailed a new crypto scam in a blog post published on Monday where … Read more

Crypto Scam Busted—Victims One Step Closer to Justice

A South Lake Tahoe man, Daniel Chartraw, 51, faces a 12-count federal indictment for wire fraud linked to a cryptocurrency trading scheme, per U.S. Attorney Phillip A. Talbert. Arrested recently, Chartraw allegedly misled investors through his companies, Crypto-Pal LLC and TDA Global, by falsely promoting a proprietary algorithm for high returns. Instead of investing funds, … Read more

An Elusive Indian Suspect at the Center of Indiana’s Crypto Fraud

Authorities in Grant County, Indiana, have recovered $36,000 in a cryptocurrency scam involving Prateek Jain, a 33-year-old man from Kolkata, India. Jain faces charges of felony fraud and money laundering after allegedly convincing a Marion, Indiana resident to deposit funds into a bitcoin ATM as part of the scam. The case, initially reported to the … Read more

The Fake Investigator Scam: Police Warn of Crypto Cons Draining Accounts

A Pennsylvania State Police unit is advising the public of a new bitcoin scam targeting vulnerable individuals, particularly seniors. Scammers contact them through email, phone, or other electronic means, claiming there’s a fraudulent activity involving their personal information. Posing as representatives of the victim’s financial institution, these scammers then direct victims to contact a supposed … Read more

Fake Coinbase Sites Steal $20M — How Indian Man Led the Massive Crypto Fraud

A cryptocurrency scam targeting Coinbase users has resulted in a significant theft of over $20 million. An Indian national, Chirag Tomar, was sentenced for orchestrating this scheme, where fake websites mimicking Coinbase led to victims surrendering credentials. U.S. authorities revealed how fraudsters used advanced tactics, including remote desktop access and posing as support agents, to … Read more