Cybercrime

Image depicting the extradition of Liridon Masurica and the disruption of BlackDB.cc.

The Extradition of Liridon Masurica and the Disruption of the BlackDB.cc Criminal Marketplace: A Case Study in International Cybercrime Enforcement

Leave a Comment / Fraud News From World / By FraudsWatch

I. Executive Summary This report details the extradition of Liridon Masurica, allegedly known as “@blackdb,” from Kosovo to the United States to face federal charges related to his purported role as the lead administrator of BlackDB.cc, an online criminal marketplace. Masurica is accused of facilitating the sale of compromised data, leading to widespread fraud. His

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Garantex crypto exchange seized domain notice displayed by law enforcement.

Garantex Crypto Exchange Takedown: $96 Billion Money Laundering Network Dismantled in US-Led International Operation

Leave a Comment / Fraud News From World / By FraudsWatch

Global Crypto Crackdown: $96 Billion Exchange Garantex Neutralized in International Law Enforcement Action In a landmark coordinated effort, law enforcement agencies from the United States, Germany, and Finland have successfully dismantled the online infrastructure of Garantex, a significant cryptocurrency exchange accused of facilitating massive money laundering operations. The exchange, which has processed an astounding $96

Garantex Crypto Exchange Takedown: $96 Billion Money Laundering Network Dismantled in US-Led International Operation Read More »

Silhouette of a hacker surrounded by a glowing red network web connecting to icons representing U.S. government agencies, technology companies, and other targets, subtly suggesting Chinese state-sponsored cyber espionage.

U.S. Cracks Down on Chinese Cyber Espionage: Seizes Domains, VPS, and Sanctions Hackers Linked to Treasury Breach

Leave a Comment / Fraud News From World / By FraudsWatch

WASHINGTON D.C. – In a decisive move against state-sponsored cyber threats, the U.S. Department of Justice (DOJ) has unsealed indictments against Chinese nationals Yin Kecheng (尹可成), 38, and Zhou Shuai (周帅), 45, exposing a years-long, sophisticated hacking campaign targeting a wide range of U.S. entities, including the Department of Treasury. The operation, which involved

U.S. Cracks Down on Chinese Cyber Espionage: Seizes Domains, VPS, and Sanctions Hackers Linked to Treasury Breach Read More »

The Escalating Crisis of Identity Theft and Data Breaches: A 2025 Survival Guide

Leave a Comment / Fraud Prevention / By FraudsWatch

The Digital Age Dilemma: Convenience vs. Catastrophic Risk The digital revolution has woven itself into the fabric of our lives, offering unprecedented convenience and connectivity. We bank online, shop online, work online, and even manage our health online. But this interconnectedness comes at a steep price: an escalating crisis of identity theft and data breaches.

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Conceptual illustration of a computer network being attacked by Phobos ransomware, showing encrypted files and a ransom demand.

Phobos Ransomware Ring Busted: Roman Berezhnoy and Egor Nikolaevich Glebov Charged in $16M+ Global Cybercrime Spree

Leave a Comment / Fraud News From World / By FraudsWatch

WASHINGTON, D.C. – In a sweeping international operation, the U.S. Justice Department has unsealed charges against two Russian nationals accused of masterminding a global ransomware campaign that extorted over $16 million from victims, including hospitals, schools, and businesses. The operation, involving law enforcement agencies from over a dozen countries, marks a significant blow against the

Phobos Ransomware Ring Busted: Roman Berezhnoy and Egor Nikolaevich Glebov Charged in $16M+ Global Cybercrime Spree Read More »

Cracking Down on Cybercrime: Major Marketplaces “Cracked” and “Nulled” Dismantled in Global Operation

Leave a Comment / Fraud News From World / By FraudsWatch

The digital age, while offering unprecedented opportunities for connectivity and innovation, has also spawned a dark underbelly of cybercrime. Online marketplaces, operating in the shadows, facilitate the trade of stolen data, hacking tools, and other illicit goods and services. These platforms empower cybercriminals, enabling them to launch attacks with greater ease and frequency, posing a

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Elderly Authors Bilked Out of $44 Million in “Blockbuster Book Deal” Scam

Leave a Comment / Fraud News From World / By FraudsWatch

San Diego, CA – In a shocking case of fraud, a federal grand jury has indicted three individuals for allegedly swindling over 800 elderly authors out of more than $44 million. The scam, orchestrated through a company called PageTurner, Press and Media LLC, preyed on the aspirations of writers by falsely promising lucrative publishing deals

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Cyber Crime: Elvin Lewis Convicted Of Conspiracy To Commit Money Laundering And Money Laundering Charges

Leave a Comment / Fraud News From World / By FraudsWatch

Man Convicted by South Florida Jury of Laundering More than $3 Million in Proceeds from International Cyber Scams FORT LAUDERDALE – Elvin I. Lewis, Jr., of Hollywood, Florida, was convicted today of conspiracy to commit money laundering and money laundering charges, following a five-day jury trial. The charges stemmed from his decision to launder more

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Cybercrime: Benjamin Levi Cox Pleaded Guilty to One Count of Wire Fraud and One Count of Interception of Electronic Communications

Leave a Comment / Fraud News From World / By FraudsWatch

I.T. system administrator sentenced for theft of proprietary information and illegal wiretapping Stole custom design products when he resigned and took information to new job with a competitor INDIANAPOLIS – The former information technology (IT) system administrator for an Indiana stainless steel fabrication company pleaded guilty and was sentenced today to serve eight months in

Cybercrime: Benjamin Levi Cox Pleaded Guilty to One Count of Wire Fraud and One Count of Interception of Electronic Communications Read More »

Rio Olympics Cyber Crime: Top Mobile News And Security Edition

Leave a Comment / Fraud, Scams Ways, White-Collar Crime / By FraudsWatch

Rio Olympics Cyber Scams, Hacking Election Polls: This Week’s Top Mobile News, Security Edition A Rio Olympics mobile travel advisory is in effect. Travelers to the 2016 Olympic Games in Rio de Janeiro, be on the lookout for free Wi-Fi network scams and malicious apps. Mobile security company Skycure identified fake Wi-Fi networks in Rio

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