Banking
Singapore Considers Caning Punishment for Scammers
Government debates stricter penalties as scam losses hit record highs in 2024
Highlights:Record scam losses: Singaporeans lost $1.1 billion to scams in 2024, prompting...
Banking
Over £1bn Stolen by Fraudsters in 2024 – UK Finance Report
UK Finance reveals alarming fraud trends, with criminals stealing over £1 billion in 2024
Highlights:Massive fraud losses: Criminals stole £1.17 billion in 2024, with...
FinTech
Over $1 Billion Stolen by Fraudsters in 2024 – UK Finance Report
A Stark Reminder of the Growing Threat of Financial FraudHighlights: Fraudsters stole over $1 billion from consumers and businesses in 2024.The report highlights an...
FinTech
Former Celsius CEO Mashinsky Sentenced to 12 Years for Crypto Fraud
Justice Served: A Deep Dive into the Celsius Fraud Case and Its Impact on the Crypto IndustryHighlights: Alex Mashinsky, the former CEO of Celsius,...
FinTech
Anti-Scam Hotline Hits One Million Calls Amid Rising Fraud Awareness
A milestone achievement demonstrates the growing vigilance against scams in the digital age.Highlights: The anti-scam hotline has reached one million calls, showcasing heightened fraud...
FinTech
Americans Lost $3 Billion to Impersonation Scams in 2024
Uncovering the Alarming Rise of Impersonation Scams and Their Impact on ConsumersHighlights: The impersonation scams resulted in a staggering loss of $3 billion for...
FinTech
Santander ScamTracker Reveals Customers Lost £18 Million to Fraud in Q1
Essential Insights into the Rising Tide of Financial Fraud and How to Protect YourselfHighlights: Customers lost £18 million due to fraudulent activities in the...
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