Meet Marc Puy, the crypto scammer living in Dubai.
1. Warning: Marc Andre Puy, the Crypto ScammerBeware of Marc Andre Puy, a notorious figure in the cryptocurrency world. Puy operates under the guise of offering lucrative trading platforms, but in reality, he’s running a sophisticated scam. Investors are enticed to pour their hard-earned money into his schemes, believing they’ll see significant returns. However, these […]
NY Man Pleads Guilty in $20 Million SIM Swap Theft
A 24-year-old New York man who bragged about helping to steal more than $20 million worth of cryptocurrency from a technology executive has pleaded guilty to conspiracy to commit wire fraud. Nicholas Truglia was part of a group alleged to have stolen more than $100 million from cryptocurrency investors using fraudulent “SIM swaps,” scams in which identity […]
FCC Proposal Targets SIM Swapping, Port-Out Fraud
The U.S. Federal Communications Commission (FCC) is asking for feedback on new proposed rules to crack down on SIM swapping and number port-out fraud, increasingly prevalent scams in which identity thieves hijack a target’s mobile phone number and use that to wrest control over the victim’s online identity. In a long-overdue notice issued Sept. 30, the FCC said it plans […]
SMS About Bank Fraud as a Pretext for Voice Phishing
Most of us have probably heard the term “smishing” — which is a portmanteau for traditional phishing scams sent through SMS text messages. Smishing messages usually include a link to a site that spoofs a popular bank and tries to siphon personal information. But increasingly, phishers are turning to a hybrid form of smishing — blasting out linkless […]
Scary Fraud Ensues When ID Theft & Usury Collide
What’s worse than finding out that identity thieves took out a 546 percent interest payday loan in your name? How about a 900 percent interest loan? Or how about not learning of the fraudulent loan until it gets handed off to collection agents? One reader’s nightmare experience spotlights what can happen when ID thieves and […]