AI-Driven Impersonation Scams Surge as Retail Trading Fraud Hits Record Levels in 2025
Financial fraud targeting retail trading platforms reached record levels in 2025, with impersonation...
BeryFinancial fraud
Australians Lose $175 Million to Scams in First Half of 2025
Australians reported losses of nearly $175 million to scams in the first six months of 2025, accordi...
Bery
CySEC Issues Warning About Malicious Websites
Fazzaco just learned that the Cyprus Securities and Exchange Commission (CySEC) today issued an urge...
David
Fazzaco Weekly Digest: Global Scam Network Behind EverFX; Binance Lifts Russia Restrictions; Highest Civil Monetary Penalty in CFTC Cases
Last week, the US CFTC announced that Cornelius Johannes Steynberg, CEO of South Africa-based financ...
Gin
ACCC: Australians Lose over AU$701 Million to Investment Scams in 2021
The Australian Competition and Consumer Commission (ACCC) has released statistics on financial scams...
Youmans
MAS to Roll out a Framework for Equitable Sharing of Losses Arising from Scams
On Feburary 4th, the Monetary Authority of Singapore (MAS) updated that banks in Singapore have subs...
Xiao
Warning: Scammers Impersonating Fintech Staff to Defraud Forex Brokers
The forex market features high risks as well as profit, where a huge sum of money comes and goes qui...
Chloe
Two Founders of Dropil Agree to Plead Guilty to Securities Fraud
Fazzaco learned that Dropil Inc.’s two founders, Jeremy David McAlpine, 25, and Zachary Michael Mata...
Fanny
Brisk Capital CEO Arrested for $4 Million Crypto and FX Investment Fraud
Fazzaco learned that Brisk Capital Limited CEO Dominic Joshua has been arrested by the Nigerian auth...
Fanny
FCA Charges Ian Hudson with Unauthorised Investment Advice
The Financial Conduct Authority (FCA) announced on Thursday that it has commenced criminal proceedin...
Fanny
