Skip to main content

Crypto scam victims are being scammed double by fake law firms, FBI warns

By
Money and Bitcoin wallet

Crypto scam victims are being pegged as easy marks by fraudsters who are targeting these individuals – after they've already been scammed.

According to a new warning by the FBI, there's a new, growing trend of scammers masquerading as law firms and targeting those who have already been victims of cryptocurrency scams. These nonexistent law firms offer services to the scam victims, claiming that they can recoup their stolen funds. In reality, these fake companies just scam these victims again.

SEE ALSO: Fake Elon Musk livestreams promoting crypto scams keep popping up on YouTube

The FBI first put out a warning about this scam last year. However, according to the FBI's update, targeting crypto scam victims has been quite lucrative for scammers.

Between February 2023 and February 2024, the FBI reports that $9.9 million has been stolen from crypto scam victims by fake law firms via this scheme.

Victims report being contacted by the scammers, who claim they can investigate their stolen crypto cases and claw back their funds. Others initiated the contact themselves after being duped by fake websites offering crypto recovery services. 

After a crypto scam victim decides to work with the fake law firm, the scammer will extract funds from the victims in numerous different ways. For example, the scammer may request that the victim pay fees upfront for the fake services or trick them into having to pay "back taxes" or other necessary legal fees in order to recover the funds. The scammers also make requests for personal information and banking information from the crypto scam victim.

The scammers routinely mention connections to the FBI, Consumer Financial Protection Bureau (CFPB), or other government agencies in order to help bolster their legitimacy.

Those who believe they have been scammed are encouraged to file a report with the FBI's Internet Crime Complaint Center.



from Mashable https://ift.tt/dOIDrsz
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

Instagram accidentally reinstated Pornhub’s banned account

By
After years of on-and-off temporary suspensions, Instagram permanently banned Pornhub’s account in September. Then, for a short period of time this weekend, the account was reinstated. By Tuesday, it was permanently banned again. “This was done in error,” an Instagram spokesperson told TechCrunch. “As we’ve said previously, we permanently disabled this Instagram account for repeatedly violating our policies.” Instagram’s content guidelines prohibit  nudity and sexual solicitation . A Pornhub spokesperson told TechCrunch, though, that they believe the adult streaming platform’s account did not violate any guidelines. Instagram has not commented on the exact reasoning for the ban, or which policies the account violated. It’s worrying from a moderation perspective if a permanently banned Instagram account can accidentally get switched back on. Pornhub told TechCrunch that its account even received a notice from Instagram, stating that its ban had been a mistake (that message itself w
Post a Comment
Read more

Colorado police identified the serial killer who murdered 4 women 40 years ago after exhuming his body to analyze a DNA sample

By
A scientist examines computer images of DNA models. Getty Images Police in Colorado have cracked the cold cases of four women killed 40 years ago. Denver PD said genetic genealogy and DNA analysis helped them identify the serial killer. He had died by suicide in jail in 1981. DNA from his exhumed body matched evidence from the murders. Police in Colorado have cracked the code on four murder cases that went unsolved for 40 years, using DNA from the killer's exhumed body. The cases pertain to four women killed in the Denver metro area between 1978 and 1981. They were 33-year-old Madeleine Furey-Livaudais, 53-year-old Dolores Barajas, 27-year-old Gwendolyn Harris, and 17-year-old Antoinette Parks. The four women were stabbed to death. Denver Police Commander Matt Clark said in a press conference Friday that there was an "underlying sexual component" to the murders but didn't elaborate further. In 2009, a detective reviewed Parks' case and picked several p
Post a Comment
Read more

Axeleo Capital raises $51 million fund

By
Axeleo Capital has raised a $51 million fund (€45 million). Axeleo first started with an accelerator focused on enterprise startups. The firm is now all grown up with an acceleration program and a full-fledged VC fund. The accelerator is now called Axeleo Scale , while the fund is called Axeleo Capital . And it’s important to mention both parts of the business as they work hand in hand. Axeleo picks up around 10 startups per year and help them reach the Series A stage. If they’re doing well over the 12 to 18 months of the program, Axeleo funds those startups using its VC fund. Limited partners behind the company’s first fund include Bpifrance through the French Tech Accélération program, the Auvergne-Rhône-Alpes region, Vinci Energies, Crédit Agricole, BNP Paribas, Caisse d’Épargne Rhône-Alpes as well as various business angels and family offices. The firm is also partnering with Hi Inov, the holding company of the Dentressangle family. Axeleo will take care of the early stage in
Post a Comment
Read more