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Scams
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
Ramp Network to Enable USDt on TON Purchases and Withdrawals
Thought Leadership
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
Ramp Network to Enable USDt on TON Purchases and Withdrawals
Thought Leadership
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Payments
Secure Online Payments and Finding Peace of Mind for Every Purchase
Proactive Online Payment Security Measures for 2024.
Thursday, 04/04/2024 | 16:00 GMT
by
Pedro Ferreira
Payments
Trust Vs. Tech: Can the Payments Industry Have Both?
From frictionless transactions to fraudulent finesse: Revelations from recent reports.
Monday, 01/04/2024 | 16:00 GMT
by
Pedro Ferreira
Retail FX
Clone Scams are the Top Threat to Retail Traders: Survey
A joint survey by Finance Magnates and FXStreet found that 38 percent of traders who lost funds fell victim to clone brokers or signal providers.
Although Ponzi schemes and phishing attempts are rampant, clones of brokers and signal providers trap most traders.
Wednesday, 27/03/2024 | 13:40 GMT
by
Arnab Shome
Retail FX
FCA’s 2023 Crusade against Financial Fraud Hits New Peak
The number of warnings rose 21% from 2022.
Awareness and use of FCA's Warning List increased, aiding scam prevention.
Thursday, 08/02/2024 | 12:26 GMT
by
Damian Chmiel
CryptoCurrency
Texts of Deception: Unveiling Smishing, the Dark Side of SMS in Crypto
While Telegram and WhatsApp grab headlines, the old-school SMS is still going strong for scammers.
The reason: Outdated GSM technology leaves exchanges helpless.
Tuesday, 06/02/2024 | 13:48 GMT
by
Damian Chmiel
Trending
Revolut and the Fight against Financial Fraudsters
More staff funneled into ongoing battle.
The company’s FinCrime team doubles its headcount since 2021.
77,000 would-be crime fighters apply for roles.
Monday, 30/10/2023 | 12:36 GMT
by
Louis Parks
Trending
BlackRock Dropping the Hammer on Copycat Sites
The financial giant takes legal shots at 44 copycat websites.
Accuses domain name owners of intentionally misleading the public and scamming.
Monday, 16/10/2023 | 11:37 GMT
by
Louis Parks
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Trending
Varo Bank – Protecting Gen Z from Itself
Gen Z is three times as likely as boomers to fall for an online scam.
Introducing Varo to Anyone: Serious protection.
Friday, 29/09/2023 | 11:21 GMT
by
Louis Parks
Retail FX
Clone Scams Are Killing It on Social Media
The first of the two-part series discusses the menace of rampant financial scams on social platforms.
"Clones are like mushrooms. You take down one, and ten more will take its place," an industry insider.
Thursday, 03/08/2023 | 08:51 GMT
by
Arnab Shome
FinTech
UK Financial Ombudsman Reports Increase in 'Hybrid' Scams
The FOS said the majority of complaints include an element of cryptocurrency.
The increasing number of complaints reported more than one scam.
Wednesday, 28/06/2023 | 14:02 GMT
by
Jared Kirui
Analysis
FinTech
Analysis
Is the UK FCA Doing Enough to Stop Investment Scams?
According to UK Finance, investment scam victims lost £171.7 million in 2021.
The FCA says it can only prosecute fraud as a private prosecutor.
Monday, 01/08/2022 | 08:30 GMT
by
Solomon Oladipupo
Regulation
CySEC Flags Six More Unauthorized Financial Services Platforms
These are offering financial services without having received regulatory authorization.
Two of them are trying to clone legitimate brokers.
Friday, 17/06/2022 | 08:36 GMT
by
Arnab Shome
News
Crypto Investors Lost $1 Billion in Scams during the Last 15 Months, Says FTC
Nearly 46,000 people have been affected by crypto scams since the start of 2021.
Median individual loss stood at $2,600 for the mentioned period.
Saturday, 04/06/2022 | 11:48 GMT
by
Bilal Jafar
Regulation
Italy’s Consob Blocks 5 Illegal Financial Websites
The platforms were offering unauthorized financial services.
Since July 2019, Consob has ordered to block a total of 693 websites.
Thursday, 05/05/2022 | 15:26 GMT
by
Bilal Jafar
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Thought Leaders
Types of Forex Scams and How to Spot Them
Forex traders should not get carried away by bogus promises.
Thursday, 10/03/2022 | 13:25 GMT
by
ForexBrokers
Thought Leaders
Yotam Dar Speaks on Staying Safe from Money Remittance Operation Scams
An analysis on some of the most common types of money remittance operation scams.
Wednesday, 09/03/2022 | 19:14 GMT
by
Yotam Dar
News
Cryptocurrency Money Laundering Climbs 30% in 2021
The role of DeFi in illegal transactions has increased.
In 2021, cyber criminals laundered over $8.6 billion worth of digital currencies.
Thursday, 27/01/2022 | 07:13 GMT
by
Bilal Jafar
Retail FX
Brokeree Solutions Warns on Fake Skype Account Impersonating Them
The Estonia-based technology solutions provider noted that scammers are asking for Bitcoin payments via Skype.
Tuesday, 21/09/2021 | 16:49 GMT
by
Felipe Erazo
Regulation
FCA Outlines Plan to Tackle Investment Scams
The authority is planning to reduce the number of consumers who are investing in high-risk financial products.
Wednesday, 15/09/2021 | 11:07 GMT
by
Bilal Jafar
Thought Leaders
B2Broker CEO Raises Red Flag on Social Media Scams
B2Broker is very aware of the many sophisticated scams in existence.
Wednesday, 08/09/2021 | 08:22 GMT
by
Finance Magnates Staff
Retail FX
Australians Lose More than $70 Million to Investment Scams in H1 2021
Projected losses are set to cross $140 million by the end of 2021.
Tuesday, 24/08/2021 | 07:49 GMT
by
Bilal Jafar
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Retail FX
Australians Lost $328 Million to Investment Scams in 2020
The citizens lost a total of $850 million to different scams including investment, romance and business email fraud.
Monday, 07/06/2021 | 07:00 GMT
by
Bilal Jafar
Brokers
Consob Blocks 5 New Illegal FX websites
The Italian regulator has blocked a total of 405 illegal websites since July 2019.
Friday, 19/03/2021 | 13:10 GMT
by
Bilal Jafar
Thought Leaders
Here's How Online Traders Can Invest Safely
As most people tend to invest via online apps and platforms, cybersecurity has become an essential part of investing.
Monday, 22/02/2021 | 11:11 GMT
by
Finance Magnates Staff
News
'Morris Coin' Ponzi Scheme Busted: 36-Year-Old Man Arrested in India
Police were tipped off by someone who was not directly involved in the Ponzi scheme.
Monday, 05/10/2020 | 07:00 GMT
by
Rachel McIntosh
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