Top Stories

Australia releases 2024 scam data

  • Losses reported increased slightly to $2.18 billion
  • Complaints down 2.7%
  • Top scam reported was investments, presumably crypto romance frauds; accounted for nearly half of losses
  • Second were romance frauds, followed by BEC fraud and tech support fraud

WSJ says India suffering from “digital arrest” scams in which callers claim to be from banks or law enforcement and must turn over assets to keep them “safe,” “may spread” to the US  

But it already does hit the US, and as readers know, it is already a serious problem

DOJ disrupts four domains used by Iran for hacking and propaganda

Germany leads international effort that takes down 373,000 dark web sites selling child porn and supporting frauds; headed by man in China

White House suggests system for getting money back to cybercrime victims

St. Louis: DOJ and Wisconsin AG get summary judgment order against timeshare exit company that did presentations at venues around the country; must repay $140 million

Full Report here