Tag: #scams

U.S. sanctions Xinbi Guarantee, says marketplace handled more than $24 billion in scam-linked transactions

Treasury’s OFAC designated Xinbi Guarantee as a transnational criminal organization, blocking assets and naming blockchain wallets tied to a $24B scam marketplace.

#sanctions, #treasury, #cryptocurrency, #scams

U.N. report: Southeast Asian scam networks caused up to $114 billion in 2025 losses

A U.N. report estimates transnational scam networks operating from Southeast Asia caused $88–$114 billion in victim losses in 2025 across the Asia-Pacific.

#cybercrime, #unodc, #southeastasia, #scams

Judge Freezes Assets of Alleged Student‑Loan Relief Operation That Collected Millions

Federal judge freezes assets and disables websites of alleged student‑loan relief scam that posed as the Education Department and collected millions in illegal fees.

#studentloans, #ftc, #consumerprotection, #debtrelief, #scams