Victims of Forex- 3D Ponzi scheme top 30 000
Nov 21 2019 16:54:03 Jonathan Smith in Market
The supposed victims of the notorious Forex- 3D Ponzi scheme are probably over 30 000. The investment scam that started in Thailand was offering participants 10% monthly rate of return and currently costs investors some 4 billion Thai Baht or roughly 130 million USD.
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New Zealand citizens have lost nearly $15 mln to online scammers
Nov 20 2019 10:45:10 Jonathan Smith in Market
For a year New Zealand citizens have lost over 23 million NZD (14,8 million USD) in online scams, where the average victim has been deprived of 9801 USD.
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Google is taking steps to curb online scam after an investigation by The Times
Nov 11 2019 17:51:06 Jonathan Smith in Market
Scammers are paying Google tens of millions of dollars to promote high risk or even openly fraudulent investment schemes, an investigation by the Times reveals.
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FCA focuses on the crypto market with 87 companies under investigation
Oct 07 2019 16:40:18 Jonathan Smith in Market
Currently 87 crypto currency related companies in the UK are under investigation by the local Financial Conduct Authority (FCA) – 74% up from 50 in October a year ago, the Financial Times reports.
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Bank scams in the UK cost investors over £ 616 mln for 6 months alone
Oct 02 2019 16:30:52 Jonathan Smith in Market
For the first six months of the year alone scammers have stolen some 616 million pounds from bank account holders in the UK, of which 207,5 million pounds were lost in scams, where victims directly authorized payments to an account controlled by fraudsters.
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