Scam Help Content Team

Australians Lost Over $34 million to Scammers in January 2022

The amount of money lost by Australians to scammers has risen by almost 23 percent, from December 2021 to January 2022. The number of crimes reported to the Australian Competition and Consumer Commission (ACCC) increased by over forty percent from the previous month, with losses relating to arrest and life-threatening threats making up the biggest …

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Warning: HENEX Global Not Authorized to Operate in the UK

The FCA has issued a notice to HENEX Global in relation to its cryptocurrency business. It warns that the firm offers high-risk financial products and carries out activities that are not regulated in the UK. The FCA note highlights the risks of such activity to consumers. While the company does not respond to the notice, …

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Consob Orders Black-out of New Websites Providing Illicit Financial Services

Italy’s Companies and Exchange Commission, Consob, has ordered the closure of five new illegal financial services websites. The blackout is the latest step taken to combat the growth of illegal trading websites. The Commission, based in Milan, said that the five new sites operate in the country without authorization. Nevertheless, it’s important to note that …

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Crypto Scammers Stole $14 Billion in 2021 Alone

A report by Chainalysis revealed that crypto scammers stole over $14 billion in 2021 alone. The majority of the funds were stolen by rug pulls, which are attacks by developers who pretend to be building legitimate cryptocurrency projects but are actually stealing investor money. In total, about $13 billion has been lost to these scams, …

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Avoid This New Amazon Token Crypto Scam

A new Amazon Token Crypto scam is popping up around the internet, so beware if you are in Italy or indeed anywhere around the world. This bogus program will provide you with a legitimate-looking dashboard where you can manage your cryptocurrency portfolio. It will also allow you to purchase fake “Amazon Tokens” using other cryptocurrencies. …

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Beware: Cryptocurrency Exchange Binance Not authorized in Italy

If you are a citizen of Italy with interest in Cryptocurrency investments, then it will help you to know that a  cryptocurrency exchange based in China known as Binance was recently banned from operating in Italy, the latest move after a string of regulatory actions around the world. It has been under intense scrutiny by …

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How Lost Funds Recovery Agents Scam Victims In Italy

Fraudulent companies that claim to recover lost funds have become an increasing trend among Italian citizens. These entities will make promises about the lost money they will recover but then turn around and demand an “impossible” amount of money, claiming it is for facilitation fees.  Typically, this money ends up in the pockets of the …

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Prize Scams: Warning Signs And How To Avoid Them

Everywhere in the world, the need for money has made people vulnerable to prize scams and many fantasize about winning big prizes. Winning would be nice, imagine going on that vacation you’ve wanted so bad but this is what attracts scammers. Prize scams are pretty much ancient but it’s unfortunate that so many individuals still …

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