Theranos' Sunny Balwani gets longer sentence than Elizabeth Holmes Ex-COO of failed blood testing startup will report to prison 6 weeks before fraudster CEO Legal08 Dec 2022 | 53
Remuneration coming for TrustCor customers impacted by CA revocation In brief Also, a Capone henchman lands behind bars, while nearly 9/10 DoD contract firms fail security standards Security05 Dec 2022 |
Instagram star gets 11 years for $300m email scam plot Hushpuppi swaps private jet, Dubai penthouse for prison duds and $1.7m to victims Cyber-crime10 Nov 2022 | 34
Wells Fargo, Zelle slammed by Liz Warren over rampant online banking fraud Customers 'more than twice' as likely to be hit by scams, says Dem Senator Cyber-crime09 Nov 2022 | 34
Former Apple worker pleads guilty to $17m mail and wire fraud charges Nefarious schemes included harvesting motherboard components and selling them back to Apple Cyber-crime02 Nov 2022 | 12
Founder of zero-emissions truck venture Nikola found guilty of $1b fraud Verdict in for trial where promo vid showed gravity rather than batteries or fuel cells keeping electric truck moving Science19 Oct 2022 | 26
Interpol busts global 'Black Axe' cyber-fraud suspects 75 collars felt, $1.2m seized in bid to cut off crime network’s financial lifeline Cyber-crime17 Oct 2022 | 3
China-linked Budworm burrows hole in US legislature systems In brief Also, Senator Warren says banks need to grow the Zelle up, an AirTag does some good – if you’re a Democrat, and more Security17 Oct 2022 | 7
Prison inmate accused of orchestrating $11M fraud using cell cellphone Judge rejects defense effort to toss warrantless device search on privacy grounds Security13 Oct 2022 | 29
Cambodian authorities crack down on cyber slavery amid international pressure Lured by fake jobs, victims are isolated abroad and forced to carry out crypto and romance scams, and more Security22 Sep 2022 | 15
PC store told it can't claim full cyber-crime insurance after social-engineering attack Two different kinds of fraud, says judge while throwing out lawsuit against insurer CSO16 Aug 2022 | 4
Four charged with tricking Qualcomm into buying $150m startup Updated Technically the chip giant already owned the tech due to real inventor’s contract, according to DoJ Legal11 Aug 2022 | 18
Chinese scammers target kids with promise of extra gaming hours Cyberspace regulator's fraud report finds all is not well behind the Great Firewall Cyber-crime09 Aug 2022 | 5
Vietnamese attacker circumvents Facebook security with ‘DUCKTAIL’ malware Session cookies and 2FA subversion allow takeover of biz and ad accounts, lead to unauthorized ad buys Research27 Jul 2022 | 8
North Koreans spotted harassing SMBs with malware In brief Also: Lawyers told to dissuade clients from paying off ransomware crooks, and more Security16 Jul 2022 | 16
This big phish can swim around MFA, says Microsoft Security Slippery AiTM attacks targeted more than 10,000 orgs over the past nine months CSO13 Jul 2022 | 2
Indian tax authorities raid offices of Chinese smartphone maker Vivo Why does a smartphone maker have 2kg of gold bars in the office? India reckons it smells tax fraud Legal08 Jul 2022 | 18
China finds and kills 42,000 counterfeit apps – many of them investment scams Constant crackdowns on bad online behavior don't seem to deter crims Offbeat04 Jul 2022 | 8
Interpol anti-fraud operation busts call centers behind business email scams 1,770 premises raided, 2,000 arrested, $50m seized Security17 Jun 2022 | 25
Indian authorities issue conflicting advice about biometric ID card security Government authority forced to backtrack warning that photocopied Aadhaar cards represent a risk Security30 May 2022 | 11
US recovers a record $15m from the 3ve ad-fraud crew Swiss banks cough up around half of the proceeds of crime Security19 May 2022 | 11
State of internet crime in Q1 2022: Bot traffic on the rise, and more According to this cybersecurity outfit that wants your business, anyway Cyber-crime18 May 2022 | 6
China reveals its top five sources of online fraud 'Brushing' tops the list, as quantity of forbidden content continue to rise Cyber-crime17 May 2022 | 15
IBM deliberately misclassified mainframe sales to enrich execs, lawsuit claims Special report Lawsuit accuses Big Blue of cheating investors by shifting systems revenue to trendy cloud, mobile tech SaaS07 Apr 2022 | 84
Yale finance director stole $40m in computers to resell on the sly Ill-gotten gains bankrolled swish life of flash cars and real estate Security31 Mar 2022 | 32
Cybercrooks target students with fake job opportunities Legit employers don't normally send a check before you've started – or ask you to send money to a Bitcoin address Security29 Mar 2022 | 21
Singapore introduces potent anti-scam measures Plans to block more scam sites, share liability between banks and customers Security16 Feb 2022 | 10
Former tech CIO jailed for setting up £475k backhander scam with IT outsourcing firm One-time head of Hampshire Police IT gets six years Legal03 Feb 2022 | 21
Theranos CEO Elizabeth Holmes found guilty of fraud: Blood-testing machines were vapourware after all Fallen Silicon Valley darling defrauded investors, says jury Legal04 Jan 2022 | 151
Insurance firm Admiral fails to grab phone location data of 'fraud' claimant's mother Plus: Quad9 loses German DNS-blocking injunction pause attempt Legal17 Dec 2021 | 49
Cryptocurrency 'rug pulls' cheated investors out of $8bn in 2021 – report Somehow people keep buying into dodgy crypto projects that vanish with investor funds Personal Tech16 Dec 2021 | 54
European Cybercrime Centre confident it's kicked credit card crims – again Poised to reveal similar haul to 2020's €40M loss prevention total Security02 Dec 2021 | 4
Theranos' Holmes admits she slapped Big Pharma logos on lab reports to boost her biz 'I wish I had done it differently' she tells jury in fraud trial Science24 Nov 2021 | 52
Teen bought Google ad for his scam website and made 48 Bitcoins duping UK online shoppers 'If he was an adult he would be going inside' – judge Legal27 Oct 2021 | 69
Fake 'BT' caller fleeces elderly victim of £30k in APP app scam That's authorised push payment – where they get the mark to make the transfer Security27 Sep 2021 | 75
Brits open doors for tech-enabled fraudsters because they 'don't want to seem rude' Impersonation scams and smishing rocket, say UK Finance and Which? Security14 Sep 2021 | 24
Former Cisco exec jailed for fraud, dodging taxes Lean in for a tale of shell companies, fake CEOs, bribes, prison time and $3.6m in fines Legal31 Aug 2021 | 14
'Unicorn' startup CEO faked sales figures, deals to trick investors, prosecutors claim Co-founder of mobile dev biz HeadSpin Manish Lachwani charged with fraud Applications26 Aug 2021 | 18
What's this about a lawyer looking for an heir? City of London Police seek IT crew to help crack down on fraud Contract worth £75m over seven years Security05 Jul 2021 | 6
IT manager who swindled Essex hospital trust out of £800k gets 5 years in prison Self-signed invoices let him cream off hundreds of thousands Legal02 Jul 2021 | 42
Financial watchdog says Google's clampdown on scam ads might not be enough to prevent stricter laws in Britain That's tough talk – especially after the amazing reversal on £680k it spent on anti-fraud ads with search giant Networks30 Jun 2021 | 7
Former IT manager from Essex pleads guilty to defrauding the NHS of £800k Invoices from his own companies were just less than the amount he was able to sign off. Services never delivered Legal28 May 2021 | 30
Trustify CEO gets eight years for lying to investors, spending millions on homes, private jets, sports tickets 'Uber of private investigators' failed to live up to its name Personal Tech29 Mar 2021 | 18
Ex-Microsoft exec admits he tried to swindle $5.5m out of taxpayers with COVID-19 relief loans for bogus biz Mukund Mohan invented employees, financial figures in application forms Legal16 Mar 2021 | 14
Theranos destroyed crucial subpoenaed SQL blood test database, can't unlock backups, prosecutors say CEO Holmes also accused of funding extravagant lifestyle through fraud Databases12 Jan 2021 | 61
About $15m in advertising booked to appear on millions of smart TVs was never seen by anyone, says Oracle Yes, Oracle the database giant. 2020 keeps on being 2020 Personal Tech17 Dec 2020 | 51
Former Microsoft tester sent down for 9 years after $10m gift card fraud Flipping gift cards for cash = fast cars, nice houses and, er, jailtime Legal10 Nov 2020 | 46
Russian jailed for eight years in the US for writing code that sifted botnet logs for web banking creds for fraudsters Harvested usernames, passwords used to drain victims' coffers Security02 Nov 2020 | 9
Elizabeth Holmes' plan to avoid her Theranos fraud trial worked out about as well as her useless blood-testing machines What she in lacks in ethics, she more than makes up for in persistence Science14 Oct 2020 | 144
Someone's getting a free trip to the US – well, not quite free. Brit bloke extradited to face $2m+ cyber-scam charges That's certainly one way to get around COVID-19 travel restrictions Security01 Sep 2020 | 53
Teen charged after allegedly taking food delivery biz for a ride: $10k of 'fraudulent refunds for stuff not delivered' Kid’s alleged 8-month spree could end with food delivery between jail cell bars Bootnotes27 Aug 2020 | 24
Reap it in the family: Four brothers accused of cheating Amazon out of $19m in wholesaler fraud caper Homeland Security swoops on quad who allegedly committed worst US crime of all: Defrauding Big Business Personal Tech20 Aug 2020 | 15
Architect of tech contractor tax fraud scheme jailed for at least five years Payroll company kept over $70m of tax and founders spent it lavishly On-Prem03 Aug 2020 | 35
Shocked I am. Shocked to find that underground bank-card-trading forums are full of liars, cheats, small-time grifters No honor among thieves Security23 Jul 2020 | 31
Anatomy of a business email scam: FBI dossier details how fraudster pocketed $500k+ by redirecting payments Electrolux, construction biz fooled into handing over money funneled out of the US to South Africa Security03 Jun 2020 | 7
Crooks set up stall on UK govt's IT marketplace to peddle email fraud services targeting 'gullible' punters Exclusive Who would have thought the G in G Cloud stood for Gangster? SaaS18 May 2020 | 16
There's Norway you're going to believe this: Government investment fund conned out of $10m in cyber-attack Updated Police pining to drop the Lillehammer on crooks Security14 May 2020 | 10
US piles yet more charges on Theranos CEO, COO. We could do with good blood testing now... and this wasn't it Elementary, my dear Holmes Science11 May 2020 | 23
Bad news: So much of your personal data has been hacked that lesson manuals on how to use it are the latest hot property Cyber-crims bone up on methods for fun and profit, but mainly profit Security16 Apr 2020 | 16
Low-orbit internet banking fraud claim alleged to be a load of space junk This is what comes of mixing the International Space Station, a relationship breakdown, and banking records Security09 Apr 2020 | 10
China's biggest e-learning company admits deliberately getting its sums wrong when counting sales Employee cuffed after forged contracts and dodgy documents discovered On-Prem09 Apr 2020 | 32
Sadly, the web has brought a whole new meaning to the phrase 'nothing is true; everything is permitted' Column Well, isn't this a lovely paranoid bed we've made for ourselves Security05 Mar 2020 | 124