On Wednesday, the U.S. Commodity Futures Trading Commission (CFTC) revealed it has filed a lawsuit against the creators of My Big Coin, an alleged cryptocurrency scam that took naive investors for $6 million. The case charges Randall Crater, Mark…
View More US government files charges in $6 million My Big Coin cryptocurrency Ponzi schemeCategory: fraud
Serial SWATter arrested, charged with involuntary manslaughter
Wichita police have arrested a 25-year-old online troll who calls himself SWAuTistic, charging him with involuntary manslaughter after sending police to a Kansas address. When police arrived at the address they opened fire on the resident, a fath…
View More Serial SWATter arrested, charged with involuntary manslaughterHere’s how the FCC just challenged the scourge of robocallers
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Americans may get around 2.4 billion robocalls a month, so the Federal Communications Commission (FCC) just endowed phone companies with a new weapon.
On Thursday, the FCC announced that phone companies — like Sprint and AT&T — can now proactively block certain phone numbers before a robocall can even happen.
According to the FCC, technological innovations allow robocallers to easily impersonate phone numbers that don’t actually dial out, such as from the IRS, while hiding the true caller’s identity. These intrusive efforts are an enormous frustration to Americans: The FCC says it receives 200,000 complaints about robocalls every month — making it the FCC’s top consumer complaint. Read more…
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Alphabet and Goldman Sachs are suing adtech startup Outcome Health for alleged fraud
Investors are suing Outcome Health, a startup selling ad space on screens in doctors’ offices, for alleged fraud and breach of contract eight months after pouring $500 million into the company. Read More