Fake Financial Services Scams

Two Nepalese men were arrested in Pattaya on January 14 for allegedly defrauding locals and tourists by using counterfeit US dollars. The men, Som and Ghanendra, were part of a …

In a major crackdown, the Special Task Force (STF) of Assam Police intercepted a counterfeit currency racket and seized Rs. 11,31,500 worth of Fake Indian Currency Notes (FICN) on January …

Kano, Nigeria – The Economic and Financial Crimes Commission (EFCC) has arrested five officials from the Katsina State Board of Internal Revenue for allegedly diverting N1,294,337,676.53 of the Katsina State …

Two women from California, Cindy Yaohua Gou, 33, and Zhu Ping Ge, 29, were arrested after attempting to scam a 79-year-old woman in Gardnerville Ranchos, Nevada. The women were accused …

Abuja, Nigeria – Chima Hyginus Nkwocha, also known as “Young Billionaire,” has been convicted by the Federal High Court in Abuja for impersonation and money laundering. The Economic and Financial …

Toronto, Ont. – Georgios Sakellaris, 42, of Toronto, has been arrested and charged with multiple counts of fraud and property crimes in relation to two separate scams. The Toronto Police …

BROOKLYN, N.Y. — Marat Lerner, 42, of Brooklyn, has been sentenced to more than 11 years in prison for conspiracy to commit wire fraud and wire fraud, according to the …

Toronto Police launched ‘Project Déjà Vu’ in October 2022 following a report from a financial institution about fake accounts created by a former employee. The investigation led to the discovery …

On Sunday, the Mumbai Police seized counterfeit currency with a face value of Rs 1 lakh and arrested four individuals involved in the illegal operation. The police initially recovered 200 …

TULARE, California — A suspect has been arrested for defrauding an elderly man of $130,000, the Tulare Police Department reports. The suspect, Hailong He, was apprehended during a planned meeting …