wire transfers

The Caldwell County Sheriff’s Office warns residents about scammers impersonating Publishers Clearing House, who call victims claiming they won a prize but require payment of taxes and fees via wire transfers, cryptocurrency, or gift cards. The real Publishers Clearing House does not ask for money to claim prizes.

A 78-year-old woman has been victim to a multi-year romance scam, losing over $500,000 through wire transfers, cash, and cryptocurrency to scammers posing as 'boyfriends.' The scammers use AI-generated videos and avoid direct communication, while she continues sending money despite financial hardship and bank account closures.

The Better Business Bureau (BBB) warns consumers about fake websites selling high-value items like classic cars, RVs, and heavy equipment. Scammers create imitation sites with fake testimonials and realistic images, urging buyers to verify businesses through external sources and avoid wire transfers.

Infinite, a B2B stablecoin tech provider, has launched banking services powered by Erebor Bank, which is backed by venture capitalist Peter Thiel. The new accounts support traditional and crypto services including ACH, wire, and stablecoin transfers.