Dubai a go-to place for scammers

Dubai – definitely a go-to destination for scammers!”

These days Wired featured a story about the massive growth rates of pig butchering scam victims on a global basis. Pig butchering scams have caused extensive financial and human damage worldwide. In 2023 alone, the FBI reported nearly $4 billion in losses  (mostly with cryptocurrencies are involved), with global estimates

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Crypto Fraud Report from IC3 for 2023

Data shows Crypto Fraud is on the rise!

Investors lost a record $5.6 billion to crypto-related financial crime in 2023, up 45% from 2022, according to a report from the Federal Bureau of Investigation’s (FBI) Internet Crime Complaint Center (IC3) published recenty. While the number of cryptocurrency-related complaints  received by IC3 represents only about 10 percent of the

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