November 18, 2021
Home Archive by category Scam/Fraud (Page 5)
Scam/Fraud

Football Index Was Not A Ponzi Scheme Says UKGC Chief

The United Kingdom’s Department of Digital Culture, Media and Sport (DCMS) released an independent review last month regarding the collapse of sports betting brand, Football Index, as well as its operating company BetIndex. They found that the company operated as a ponzi scheme. They also found that the UK Gambling Commission (GC) was slow in reg...
Scam/Fraud

Beware of online purchase scams

DANE COUNTY, Wis. (WMTV) - The holiday shopping season is quickly approaching and many will be shopping online this year.With supply chain issues and shortages, experts say scammers will take advantage. The Better Business Bureau is warning about online purchase scams.According to a new report, online purchase scams now account for more than a thir...
Scam/Fraud

How to Buy Facebook for the Price of a Penny Stock

*Stock Advisor returns as of February 24, 2021John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to its CEO, Mark Zuckerberg, is a member of The Motley Fool’s board of directors. Robin Har...
Scam/Fraud

€41.3 ($47.8) Billion Lost in Scams,

AMSTERDAM, Oct. 14, 2021 (GLOBE NEWSWIRE) -- In ScamAdviser's 3rd Global State of Scams Report, 42 countries were analyzed on the number of people scammed and the amount of money lost. Number of Scams Boomed The number of reported scams increased from 139 million in 2019 to 266 million in 2020. The amount lost grew from €36 ($41.7) to €41 ...