Category: Insight
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How to Buy Stocks And Why You Need This Asset in Portfolio
The stock market is an ecosystem that provides ample financial opportunity for everyone. However, before making a purchase, you should prepare for it. Gathering the necessary information and knowledge will help you decide what, when and where is best to buy stocks. If you’re one of hundreds of investors seeking knowledge on how to buy…
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OKX Scam – Fraudulent Exchange or Victim of Imposters?
Allegations of potential scams are nothing new in the cryptocurrency world. Hence, the OKX exchange is facing accusations of deceptive practices. The company, known for its wide array of digital assets and trading pairs, is under scrutiny after numerous users reported difficulties. Concerns over OKX’s operations have recently escalated. On the other hand, the exchange…
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FTX Founder Sam Bankman Fried Sentenced to 25 Years in Jail
FTX founder Sam Bankman-Fried (SBF) has been sentenced to 25 years in prison for his role in defrauding customers of the now-bankrupt cryptocurrency exchange, Reuters reported . On March 28, U.S. District Judge Lewis Kaplan ruled Bankmam-Fried guilty, rejecting his claims that customers did not actually lose money and finding that he had lied during…
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Commonwealth Bank Scam – How to Report Fraud to Your Bank
Ever since the start of 2024, the number of people using the services of CBA has been targeted for money theft more than ever. Money thievery occurs every day, and it’s not something we could just casually write off as something that only happens to others. In order to stay safe, you have to be…
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Coinbase Scam – How Fraudsters Use Coinbase for Schemes
Coinbase – ranked among the biggest and most popular cryptocurrency platforms in the world – is the choice of many investors. According to its website, the Coinbase liquidity is deep, one of the most liquid regulated crypto spot exchanges in the world. Directly competing with the likes of Binance and Bybit, the company is constantly…
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Internet Fraud – How to Report and Avoid an Online Scam
In the age of rising digital empires, the Internet has become an integral part of our everyday lives. It is hard to imagine doing business without it. Hence, anonymous online scammers saw an opening to run deceptive schemes and rob unsuspecting individuals of their funds. Since internet fraud is becoming frequent, it is important to…
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Retirement Scam – Avoid and Report Retirement Fraud Now
With the development of technology, more diverse and sophisticated ways of defrauding have appeared, as well. Scam strategies and particular methods have emerged to be the most efficient in tricking unwary investors. One particularly vulnerable group is senior citizens. In this article, we’ll discuss the key elements of the retirement scam: how it unfolds, how…
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Cold Call Scam – The Most Common Cold Call Scheme Types
A cold call scam is a type of financial fraud involving swindlers contacting individuals or companies by phone, often claiming to be members of legitimate organizations such as banks, government agencies, or tech support ventures. They typically try to deceive the recipient into sharing valuable personal information like bank account details, passwords, or credit card…
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Pump and Dump Scam – What Is It and How to Recognize One
Navigating the complexities of financial investments is a difficult job. Your financial safety is jeopardized not only by market conditions but also by unscrupulous people who try to steal their slice of the cake. One scheme that has recently risen to prominence among fraudulent circles is the notorious pump and dump scam. Today, we will…
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Crowdfunding Scam – What Is It and How to Avoid Falling Prey
Crowdfunding has been around for quite some time now, and has allowed many excellent products and solutions to flourish. Today, it is a full-fledged industry with an estimated $1.41bn market volume in 2023 alone, and allows investors to achieve significant profits while contributing to advancements in various fields. As with any investment market, crowdfunding is…
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Fake Trading Platform – Another Danger of Online Trading
The online trading industry is witnessing an alarming rise of fake trading platform providers, opening concerns for both traders and investors. These platforms typically appear on websites of unregulated scam brokers, which they use to deceive customers and steal their money. We recommend you read our article and learn more about the hoax platform phenomenon.…
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DeFi Mining Pool Scam – Another Crypto Threat Out There
Decentralized finance is promising to revolutionize the way we use money and services. While safety and security of funds are embedded features of any cryptocurrencies, the largely unregulated markets that DeFi assets belong to are prime targets for various online swindlers. Our article will delve into some of the key crypto concepts, and how cybercriminals…
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Stock Scanner – A Good Tool Or Another Hoax On the Market
Every trader’s potential edge or perhaps a double-edged sword, stock scanners are undeniably more likely your ally on your journey to financial success. However, traders need to understand some basics about their types and practical usage in order to use them. In the following article, we discuss what a stock scanner can do for you…
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Trading Course Scam – All You Need to Know About Education
While there are high quality service providers for those among us who wish to up our trading game, there are plenty of deceivers who seek to profit through sheer exploitation. Many of them will instill a feeling of confidence in their victims, often inventing impressive professional backgrounds and immense personal wealth. Something that promises to…