Investment scams
Coverage of Investment scams in the Nexus archive.
- US announces visa restriction policy on cyber criminals, their immediate family members
The US has announced a visa restriction policy targeting foreign nationals involved in cybercrime and cyber-enabled crimes, including online investment scams and sextortion, along with their immediate family members. The policy, part of the Trump administration's campaign against cybercrime, highlights alleged $10 billion in losses to US citizens in 2024 from scams orchestrated by Chinese transnational criminal organizations.
- U.S. seeks forfeiture of $25 million in crypto tied to romance and investment scams
The U.S. is seeking to forfeit $25 million in cryptocurrency linked to romance and investment scams. The legal action targets illicit funds associated with fraudulent schemes.
- US seeks forfeiture of $25M in crypto tied to romance, investment scams
US prosecutors are seeking over $25 million in cryptocurrency allegedly connected to international fraud and laundering networks. The funds are tied to romance and investment scams.
- [US] 'Inside the Scam' from The Associated Press and FRONTLINE
Scams are a global issue causing millions of victims and billions in annual losses. The Federal Trade Commission reported $15.9 billion in U.S. fraud losses in 2025, primarily from investment and romance scams. The Associated Press and FRONTLINE collaborated on an interactive experience highlighting scam victims' stories and tactics used by fraudsters.
- Private firm employees lose ₹2.6 crore in separate investment scams
Private firm employees lost ₹2.6 crore in separate investment scams. The incidents involved fraudulent investment schemes targeting the employees.
- How scammers build a profile on you using data brokers
The article explains how scammers exploit data broker sites like Spokeo and Whitepages to build detailed profiles on individuals, using publicly available personal information such as addresses, family details, and financial data to target victims with scams. These profiles enable criminals to craft personalized, convincing scams by cross-referencing multiple data sources and public records.
- Identity theft losses surge 70% for older Americans
The FBI's 2025 internet crime report reveals a 70% surge in identity theft losses for Americans aged 60 and older, totaling $48.5 million. Older adults face higher losses due to fraud targeting bank accounts, retirement funds, and investments, while other scams like investment fraud and business email compromise caused billions in losses globally.
- FBI: Americans lost a record $21 billion to cybercrime last year
The FBI reported that U.S. victims lost a record $21 billion to cyber-enabled crimes last year. The primary sources of loss include investment scams, business email compromise, tech support fraud, and data breaches.