"These are sophisticated groups," said a Secret Service agent. "They know exactly what to say and how to get people to give ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The FBI has warned about a potentially devastating cryptocurrency scam called "pig butchering". The con, which CBS News said could "wipe out someone's life savings", has been growing in scale over ...

An Athens man lost over $70,000 in an alleged cryptocurrency scam orchestrated through a relationship formed on Instagram. The victim was initially led to believe he was making profits, but ...

Last year, the government recorded $4.57 billion in losses from investment fraud, but this figure is likely an underestimate. Crypto fraudsters are abandoning complicated Ponzi schemes in favor of ...

“Pig butchering” scams, involving fake investment opportunities, were the most common crime investigated by the Secret Service in Arizona last year. The scams often start with fraudsters ...