Posted in Latest Scams

FBI clamps down on 80 Nigerian Internet fraudsters

The U.S. Federal Bureau of Investigations, FBI has busted another set of 80 Nigerians who…

More
Posted in Latest Scams

Getting into the mind of alleged Internet fraudster, Obinwanne Okeke

Yesterday, we reported about the arrest of Mr. Obinwanne Okeke, an alleged Internet fraudster by…

More
Posted in Latest Scams

Before you fall prey to a predatory academic award, read this

In recent recent times, predatory academic awards have targeted many developing countries. As a result…

More
OneCoin
Posted in Latest Scams

Konstantin Ignatova pleads not guilty to $1.2 billion OneCoin fraud

There are new developments on the trial of Konstantin Ignatova, the acclaimed CEO of OneCoin…

More
Posted in Ponzi Scheme

SEC issues scam alert on Loom Ponzi scheme

The Nigerian Securities and Exchange Commission, SEC, has issued formal warning on Loom Money Nigeria,…

More
Loom
Posted in Latest Scams

On the road to jail? Derek Loom’s Loom Ponzi scheme gains massive popularity in Nigeria

For many Nigerians who are into Loom Ponzi scheme, they rarely know the man/woman behind…

More
Dascoin
Posted in Ponzi Scheme

Nigeria nabs Swissgolden Ponzi scheme promoters, recovers N216 million

It might be an end of the road for three Swissgolden promoters as Nigeria’s anti-graft…

More
Ponzi Schemes
Posted in Ponzi Scheme

U.S Sec raises fraud alert on Ponzi schemes targeting seniors

The SEC’s Office of Investor Education and Advocacy (OIEA) and Retail Strategy Task Force are…

More
ISC Bank
Posted in Latest Scams

German financial regulator alerts investors on Goldex Resources shares

BaFin, Germany top financial regulator said it is raising an alert over buy recommendations on…

More
Ponzi Schemes
Posted in Scams

Prodeum ICO turns out a scam, owners leaves ‘penis’ on blank website

The menace of fraudulent initial coin offerings seems to be larger than we think. Prodeum,…

More