fbi

Ten alleged members of a Nigerian email scam crime ring have been indicted on federal charges of swindling at least two dozen victims nationwide out of some $1.5 million, the U.S. Attorney for the Central District of California announced yesterday. Nigerian 419 scams -- the "419" referrers to a...

Identity theft, non-delivery of payment or merchandise and scammers impersonating the FBI topped the list of complaints to the Internet Crime Complaint Center (IC3) in 2010, with victims reporting hundreds of millions of dollars in losses. The IC3, a partnership between the FBI and the National...

The Internet Crime Complaint Center (IC3) issued a trio of scam alerts today involving social networking, online shopping and malware embedded in a phony holiday email from the White House. The IC3, a partnership between the FBI and the National White Collar Crime Center (NW3C), said the alert...

Scam callers claiming to be government employees are trying to steal personal information by pretending to collect information for a jury pool. In the scam, officials identify themselves as a "clerk employee" and warn that the person on the receiving end has missed jury duty. They then ask for...

Two people involved with an international cybercrime operation that raked in millions with 'scareware' -- computer programs that pop up with fake warnings of badware infection, then bully users into paying for a bogus fix -- settled with the U.S. Federal Trade Commission for $8 million, the agency...

People wanting to buy guns online through a payment broker fell victim to a Ponzi scheme and are now stuck without their guns or their money. The Internet Crime Complaint Center, headed at the Department of Justice, issued a warning today saying they received "hundreds" of complaints about the...

Federal officials are warning couples seeking to adopt that there's a new adoption scam aimed at fleecing money out of would-be parents. The scam artists respond to online ads from couples interested in adoption or those who respond to ads titled "Baby Needs a Home." They tell the interested...

Consumers need to be wary of bogus letters and emails claiming they've won a sweepstakes or lottery, since they have nothing to win and much to lose, the Internet Crime Complaint Center (IC3) warns. The IC3, a partnership between the Federal Bureau of Investigation and the National White Collar...

The feds appear to be trying to broaden the notion of insider trading to include the information-gathering of hedge funds as criminal activity. But this could be difficult to prove in court, because there's no statuary definition of insider trading.

On Wednesday, the FBI arrested Don Chu, an expert on Asian markets for Primary Global Research, setting the tone for the SEC's crackdown on insider trading. Chu was charged with conspiracy to commit securities fraud and conspiracy to commit wire fraud.