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  Geebo 8:00 am on July 9, 2025 Permalink | Reply
  Tags: FBI, investment scams ( 12 ), ramp and dump, Scams ( 1,524 )   

  Beware the Ramp-and-Dump Investment Scam 

  

  By Greg Collier

  The Federal Bureau of Investigation is warning the public about a growing online scam known as the “ramp-and-dump.” This scheme involves criminals manipulating stock prices through social media engagement and messaging apps, often targeting retail investors across the United States.

  The scam starts with seemingly innocent social media ads or unsolicited messages promoting so-called investment clubs. These clubs, which may include fake profiles or bots, are designed to lure individuals into private conversations on secure messaging platforms. Within these groups, scammers pose as legitimate brokers or financial analysts to build trust and push specific stocks.

  The mechanics of the scam are simple but effective. The perpetrators secretly hold large amounts of a low-cost stock. They then encourage group members to buy into that stock, gradually driving up its price. Once the price has risen enough, the scammers sell their shares for a profit, causing the stock’s value to crash and leaving unsuspecting victims with significant losses.

  This type of fraud closely resembles the pig butchering scam. Both involve establishing a false sense of community or connection before financially exploiting the victim. In pig butchering, this often takes the form of a fake romantic or friendly relationship. In ramp-and-dump scams, the manipulation happens under the guise of financial collaboration and shared investment opportunities.

  According to the FBI, there has already been a sharp increase in complaints related to ramp-and-dump scams this year. Many victims were initially contacted through messages that appeared accidental or casual, only to be drawn into more elaborate schemes once trust was established. The fraud often includes promises of high returns, urgent calls to action, and false assurances meant to reduce suspicion.

  The FBI warns that any request for personal or financial information under the pretense of investment should be treated with caution. Scammers may use that information to open fraudulent accounts or launder money through unsuspecting individuals.

  Anyone who believes they may have fallen victim to this scam is encouraged to report it through the FBI’s Internet Crime Complaint Center.

   

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  Geebo 8:00 am on July 2, 2025 Permalink | Reply
  Tags: FBI, medical privacy ( 2 ), PHI, phishing ( 84 ), Scams ( 1,524 )   

  Fake Health Investigators Target You 

  

  By Greg Collier

  The Federal Bureau of Investigation has issued a warning about a new wave of scams where cybercriminals impersonate health fraud investigators. As detailed in a report from Bleeping Computer, these schemes are designed to trick both patients and healthcare providers into surrendering sensitive data, including medical and financial records.

  According to a recent advisory from the agency, fraudsters are posing as legitimate health insurers or members of investigative teams. Victims are contacted through emails or text messages crafted to appear authentic. The goal is to pressure individuals into sharing protected health information or personal financial details. In some cases, the messages claim the recipient must provide reimbursements for supposed overpayments or services not covered by insurance.

  The messages typically mimic the language and branding of trusted healthcare entities, making them difficult to distinguish from genuine communications. Once the information is obtained, it can be used for a range of criminal activities, including identity theft and insurance fraud.

  Federal agencies recommend taking caution with any unsolicited messages requesting personal or medical information. They advise verifying the authenticity of such communications by contacting the insurer directly. Security experts also emphasize the importance of strong passwords and Multi-Factor Authentication to protect against account breaches.

  The healthcare sector remains a frequent target of these attacks. In a separate notice, the Department of Health and Human Services highlighted how attackers are using social engineering to exploit IT help desks at healthcare organizations. By gaining internal access, they can reroute financial transactions through business email compromise tactics, often with devastating results.

  As impersonation scams evolve, public awareness and vigilance remain key defenses. Verifying communications and safeguarding personal data can help prevent falling victim to schemes that increasingly blur the line between real and fake.

   
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  Geebo 8:00 am on May 2, 2025 Permalink | Reply
  Tags: FBI, health insurance ( 6 ), healthcare ( 43 ), insurance fraud ( 6 ), Scams ( 1,524 )   

  Scammers Peddling Fake Health Plans 

  

  By Greg Collier

  The FBI is warning the public about a widespread scam involving fraudulent discount medical insurance plans. These deceptive schemes are targeting people who are searching for affordable healthcare coverage. Many victims have lost money and received no actual insurance benefits in return.

  These scams typically begin with an unsolicited phone call, email, or text message. The person on the other end poses as a representative from a legitimate insurance provider and offers what sounds like an unbeatable deal. They may promise full medical or dental coverage, the ability to see your current doctor, or even additional perks like help with groceries and gas. The catch is that you have to act quickly. The supposed discount is only available for a short time, creating pressure to make an immediate decision.

  Once people agree and submit their payment, the promised insurance never materializes. Some only discover the truth after trying to use the policy for a medical visit, only to be told they are not insured and must pay out of pocket. Others are misled about refunds or cancellation terms and find themselves unable to stop recurring charges.

  The FBI reports that these scams are not isolated incidents. A recent case in Washington state resulted in a cease-and-desist order against a company operating under several names. The business received more than 100 complaints for misrepresenting coverage, charging unauthorized fees, and denying refunds.

  These operations often use language that resembles official communications, which makes the pitch seem legitimate. Victims are rushed through the process and discouraged from reading the fine print. By the time the deception is uncovered, the damage is already done.

  Consumers are strongly urged to avoid any health insurance or benefit offer that arrives through an unsolicited phone call or message. If it sounds too good to be true, it probably is. Take the time to verify companies through official channels and never give out payment or personal information under pressure.

  These scams are evolving quickly and spreading across the country. The cost of falling for them can be both financial and personal. With millions already lost, awareness remains the best defense.

   
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  Geebo 8:00 am on April 23, 2025 Permalink | Reply
  Tags: FBI, IC3 ( 2 ), police impersonation scam ( 83 ), recovery scam ( 9 ), recovery service ( 9 ), Scams ( 1,524 )   

  FBI Warns of Scam Recovery Scam Surge 

  

  By Greg Collier

  The FBI’s Denver office has issued a public warning about a new wave of fraud cases involving impersonators claiming to work for the Internet Crime Complaint Center. Between December 2023 and February 2025, over one hundred reports were filed from individuals who were contacted by scammers pretending to be affiliated with the FBI’s online crime division.

  The scammers typically reach out via email, phone, social media, or encrypted messaging apps. Their targets are often people who have already lost money to fraud. In some cases, the fraudsters embed themselves in online communities designed to support scam victims, using fake identities to pose as fellow victims. From there, they gain trust and recommend contacting someone they claim is a high-ranking IC3 official.

  The end goal is always the same. Once trust is established, victims are guided to send personal and financial information through private messaging platforms. The promise is that their stolen funds can be recovered. Instead, they are defrauded again, sometimes for even greater amounts.

  It is important to understand that there is no such thing as a scam recovery service. No legitimate agency will offer to retrieve lost funds in exchange for payment. The Internet Crime Complaint Center does not contact victims directly via social media, private messages, or encrypted apps. It does not request payment or refer victims to third-party entities promising financial recovery. Any outreach claiming to do so is a scam in itself.

  People who have experienced a scam or suspect fraudulent contact are encouraged to report the incident through the official IC3 website. Reports should include details about the individual or entity that initiated contact, the means of communication, any financial transaction records, and a description of what occurred.

  Above all, if someone claims they can help you get your money back for a fee, they are part of the scam. Do not give them money, and do not give them your trust.

   
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  Geebo 8:00 am on March 14, 2025 Permalink | Reply
  Tags: FBI, impersonation scam ( 175 ), Scams ( 1,524 ), smishing ( 13 ), tolls ( 8 )   

  FBI Warns: Toll Text Scam Sweeping the U.S. 

  

  By Greg Collier

  The latest wave of scams preying on unsuspecting Americans has taken the form of fraudulent road toll collection texts, prompting the FBI to issue a public warning. These deceptive messages claim that recipients have outstanding toll balances, threatening fines or even suspension of driving privileges if they fail to make immediate payment. But rather than being legitimate notices from state toll authorities, these texts are part of a growing cybercrime operation designed to steal personal and financial information.

  This type of scam falls under ‘smishing’, a variant of phishing that relies on SMS messages rather than emails. The scammers’ approach is alarmingly effective. Messages appear authentic, often using official-sounding language and formatting that mirrors legitimate toll collection agencies. The scam is spreading rapidly, shifting from state to state with nearly identical wording in each new location.

  Authorities are urging recipients not to engage with these messages. The FBI recommends reporting them through its Internet Crime Complaint Center and then deleting them without responding. Unfortunately, the fraudsters behind this scheme have refined their methods to circumvent certain smartphone security features. For example, while Apple restricts clickable links in texts from unknown senders, these scammers prompt users to reply with ‘Y’ to re-establish communication, bypassing this safeguard.

  A cybersecurity analysis revealed that bad actors have registered over 10,000 domains to facilitate these scams, targeting toll services and package delivery systems across multiple states and even into Canada. The scale of this operation suggests a level of coordination that goes beyond the typical small-scale scam.

  Historically, the most frequently reported phone scam involved fraudulent jury duty claims, where scammers would impersonate court officials and demand immediate payment under the threat of arrest. However, at least anecdotally, the toll text scam appears to have surpassed it in prevalence. With so many Americans accustomed to electronic toll payments, these fraudulent messages often seem credible at first glance, increasing the likelihood of engagement.

  The unfortunate reason this scam is becoming so common is simple, it’s working. Scammers wouldn’t keep running these schemes if they weren’t succeeding in tricking victims into handing over their personal and financial information. Every person who falls for the scam encourages criminals to expand their operations, making it even more widespread.

  The best defense remains skepticism. State agencies do not request payments through unsolicited text messages, and any demand for financial information via text should be treated with extreme caution. As the scam continues to evolve, staying informed is key to avoiding falling victim to these deceptive tactics.

   
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  Geebo 9:00 am on February 13, 2025 Permalink | Reply
  Tags: FBI, florida ( 31 ), Scams ( 1,524 ), smishing ( 13 ), tolls ( 8 )   

  Florida Fights Back Against Toll Scam 

  

  By Greg Collier

  Scammers are becoming increasingly deceptive in their efforts to steal personal and financial information, and one of the more widespread schemes involves fraudulent text messages about unpaid toll fees. These messages often claim the recipient has an outstanding balance and must make an immediate payment to avoid hefty fines. The links provided in these messages lead to fake websites designed to harvest sensitive details such as credit card numbers and driver’s license information.

  The Federal Bureau of Investigation has been warning the public about these scams, which have been reported in multiple states. With thousands of complaints already filed, law enforcement agencies across the country continue to urge drivers to stay alert. This type of scam, known as ‘smishing’, uses deceptive text messages to trick individuals into clicking fraudulent links. The goal is to create a sense of urgency, convincing victims to act quickly before they have time to verify whether the claim is legitimate.

  Although this scam has targeted drivers nationwide, Florida has been hit particularly hard due to its extensive toll road network. Many residents and tourists have received text messages claiming to be from SunPass, the state’s toll collection system. In response, authorities in Florida have worked aggressively to combat the threat. Hundreds of fraudulent websites imitating SunPass have already been shut down as part of a coordinated effort to protect consumers.

  Despite the progress made in Florida, scammers continue to adapt their methods, and similar schemes remain active in other parts of the country. The key to avoiding these scams is recognizing that no legitimate toll agency will send text messages demanding payment. Official toll operators communicate through secure online accounts, mailed invoices, and authorized customer service channels.

  Anyone receiving a suspicious text about unpaid tolls should avoid clicking any links and instead check their account directly through the official website of their toll provider. Reporting these fraudulent messages to law enforcement and consumer protection agencies also helps authorities track and shut down new scam operations as they emerge.

  As digital threats continue to evolve, staying informed is the best defense. Scammers rely on fear and urgency to manipulate their victims, but by remaining cautious and verifying any unexpected messages, drivers can protect themselves from falling victim to these fraudulent schemes.

   
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  Geebo 9:00 am on February 5, 2025 Permalink | Reply
  Tags: DEA ( 3 ), doctor ( 5 ), FBI, healthcare ( 43 ), impersonation scam ( 175 ), Operation Black Pistol, police impersonation scam ( 83 ), Scams ( 1,524 )   

  Doctors Targeted in New FBI Scam Warning 

  

  By Greg Collier

  Across Connecticut and the rest of the country, a scam is putting healthcare professionals in the crosshairs of criminals who exploit fear and authority. The FBI and DEA are raising alarms about fraudulent arrest warrants being used to extort doctors, veterinarians, and other licensed medical professionals. With real examples of victims losing anywhere from tens of thousands to hundreds of thousands of dollars, this scheme serves as a reminder that even the most educated individuals can be deceived.

  The scam revolves around an official-looking document, supposedly a federal indictment, accusing the target of drug trafficking. The fraudulent warrant references something called “Operation Black Pistol”, a non-existent law enforcement effort meant to add a veneer of credibility. Along with this paperwork, scammers impersonate actual agents from federal agencies, pressuring their targets to act quickly and in secrecy.

  One of the most effective tactics employed by these criminals is their ability to create a sense of urgency and isolation. Victims are told not to consult with attorneys or even speak to their loved ones. They are ordered to remain on the phone with the scammer until the money is sent. Sometimes in the form of wire transfers, cryptocurrency, or even physical cash. This relentless manipulation plays on fear, making even experienced professionals second-guess their instincts.

  A crucial detail exposing the fraud is the inclusion of investigative details in the supposed indictment. Genuine court documents do not contain references to ongoing operations or the names of undercover efforts. Furthermore, no legitimate law enforcement agency will ever demand payment to make an arrest warrant ‘go away’. The idea that federal charges could be dismissed in exchange for money should immediately raise suspicions.

  What makes this scam particularly alarming is that it successfully targets individuals with advanced degrees and rigorous professional training. The fact that medical professionals, people trained in science, logic, and critical thinking, are falling victim illustrates just how convincing and well-crafted these schemes can be. If individuals in such highly respected fields can be deceived, it underscores that anyone, regardless of their background, can become a target.

  While healthcare professionals are the primary focus of this particular scam, the tactics used are not new. Similar schemes have been deployed against the general public, with scammers impersonating law enforcement, IRS agents, or even court officials. The common thread in all these cons is the element of fear, convincing the victim that immediate action is required, or severe consequences will follow.

  Authorities emphasize that if something seems suspicious, the best course of action is to disconnect the call and verify the claim directly with the actual agency in question. Official law enforcement agencies do not solicit payments over the phone, and no real government investigator will demand secrecy or prohibit someone from seeking legal advice.

  Scammers are constantly evolving their methods, adapting old tricks into new forms. The fact that they are now targeting respected medical professionals with fabricated legal threats is a troubling escalation. However, awareness is the best defense. Whether you’re a doctor, a business owner, or an ordinary citizen, skepticism is a powerful tool against fraud. Staying informed, questioning high-pressure demands, and verifying any unexpected claims with legitimate sources can make all the difference in avoiding financial and emotional devastation.

   
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  Geebo 8:01 am on October 15, 2024 Permalink | Reply
  Tags: FBI, missing person ( 9 ), police impersonation scam ( 83 ), Scams ( 1,524 )   

  Missing Persons Case Leads to Scam Arrest 

  

  By Greg Collier

  Earlier this month, a complex fraud scheme unfolded in Eau Claire, Wisconsin, highlighting the dangers of scams involving individuals posing as government agents. Local police were initially called to assist in a missing persons case originating from Anoka County, Minnesota. The missing individual was located at a hotel in Eau Claire, where they revealed a disturbing story. They had traveled to Wisconsin to hand over $32,000 to someone they believed was a federal agent.

  The victim soon realized they had been deceived and reported the scam to the authorities. Thanks to their description of the suspect, police quickly apprehended the individual while they were inside the hotel. The $32,000 was recovered, and the suspect was charged with felony theft by false representation. This case serves as a stark reminder of how scammers exploit trust, often posing as credible figures to coerce victims into handing over large sums of money.

  Around the same time, another victim in Eau Claire fell prey to a similar scheme. After receiving an email about renewing an antivirus program, they were contacted by someone claiming to be from various government agencies, including a consumer protection organization and a federal bureau. The scam escalated to the point where a so-called ‘courier’ visited the victim’s home to collect $29,500 in cash, which the victim withdrew from their bank. A second payment was made after the victim was told the initial transaction failed, bringing the total loss to $60,000.

  Both incidents demonstrate the increasingly sophisticated tactics scammers use to create a sense of urgency and fear. These criminals often employ multiple layers of deception, including impersonating authorities, demanding large payments, and urging victims to keep their interactions secret.

  Government agencies, including federal investigative bureaus, will never contact individuals to demand money or ask for secrecy. Anyone who feels uncertain or suspicious about such a request is advised to take a moment, assess the situation, and contact local authorities for guidance.

  These cases underline the importance of public awareness in preventing future fraud. By staying informed and cautious, individuals can protect themselves from falling victim to scams that prey on trust and fear.

   
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  Geebo 8:00 am on July 26, 2024 Permalink | Reply
  Tags: FBI, gold bars ( 10 ), impersonation scam ( 175 ), Scams ( 1,524 )   

  FBI warns elderly about gold scam 

  

  By Greg Collier

  Recently, a distressing trend has emerged across Montgomery County, Maryland, where senior citizens have been targeted by sophisticated scams involving gold bars. These scams are not isolated incidents, but part of a larger nationwide trend that has seen seniors losing millions of dollars to criminals posing as government officials or representatives from reputable organizations.

  These scams have resulted in significant financial losses nationwide in just the latter half of last year. The methods of these scammers are alarmingly consistent. They often impersonate tech support, financial, or government officials, claiming that the victim’s financial accounts have been compromised. The scammers then pressure the victims into converting their assets into cash or valuables, such as gold or silver, supposedly to protect them from hackers. Once the conversion is complete, the scammers arrange to collect the assets, sometimes even sending couriers to the victim’s home.

  Montgomery County has been a particular hotspot for these scams. One particularly heartbreaking case involved an elderly retiree who lost nearly $1 million after being tricked by individuals posing as federal agents. This all began with a simple click on a pop-up ad that warned of spyware. The scammers convinced her to convert her life savings into gold bars and hand them over to a courier. Fortunately, she realized the deception before handing over more than $2 million in additional assets.

  Another recent case involved an elderly man from Bethesda who was similarly deceived by a caller pretending to be from a government agency. Over nine trips to a local gold store, he converted over a million dollars into gold bars. It was only after seeing a news report about similar scams in the area that he contacted the police, who then set up a sting operation and arrested the suspect.

  Authorities have made several arrests in connection with these scams. A suspect from Brooklyn, New York, was apprehended when he attempted to collect a box of supposed gold bars handed over by an undercover detective posing as a victim. In another case, another suspect was arrested following the sting operation involving the Bethesda man. These arrests are part of ongoing efforts to combat this surge in scams targeting vulnerable seniors.

  The FBI and local authorities have issued warnings to help protect seniors from falling prey to these scams. They emphasize the importance of verifying any calls claiming to be from government officials or businesses, as they would never ask you to convert your assets into gold or other valuables. It is crucial to guard personal information and be cautious online, avoiding unknown ads or pop-ups and not allowing unknown individuals access to your computer. If you suspect you have been contacted by a scammer, report the incident to the FBI or reach out to relevant hotlines for assistance.

  These scams are not limited to Montgomery County; they are part of a troubling national trend. Reports of similar scams have surfaced across the country, with seniors being particularly vulnerable. The scale and sophistication of these operations highlight the urgent need for nationwide awareness and preventive measures. By understanding that these threats exist beyond local communities, we can work together to protect seniors from falling victim to these deceptive schemes.

   
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  Geebo 8:00 am on July 1, 2024 Permalink | Reply
  Tags: coin ( 2 ), coin collection ( 2 ), coin collectors ( 2 ), FBI, Scams ( 1,524 )   

  FBI warns of coin collection scams 

  

  By Greg Collier

  Scammers have found ways to infiltrate nearly every aspect of our lives, preying on unsuspecting individuals involved in a number of activities. From online shopping to investing, no area seems immune to their deceitful tactics. One such vulnerable domain is coin collecting, a cherished hobby for many enthusiasts. Scammers have cleverly adapted their schemes to target collectors, exploiting their passion and trust to steal valuable items and money. Understanding the methods these fraudsters use is crucial for protecting oneself in an increasingly interconnected world.

  The FBI has recently issued a warning to the public about a new scam targeting collectible coin enthusiasts. Scammers posing as legitimate coin dealers are tricking individuals into selling their valuable coin collections under false pretenses, only to cheat them out of significant sums of money.

  According to FBI officials, these scammers lure victims by promising substantial returns for their collectible coins.

  The scammer contacts the victim, claiming to have a collectible coin business, and offers an irresistible deal for their coin collection. The victim is promised a high payout for the coins, enticing them to send their collection. Once the scammers have received the coins, they pay the victim a much smaller amount than initially promised and keep the coins.

  In other cases, scammers offer to sell collectible coins to victims, but these coins are often of lesser value or never delivered.

  The FBI warns that scammers use various tactics to pressure victims into making quick decisions. For example, a scammer might claim that there is an upcoming auction, pushing the victim to sell their coins quickly to get a good price. Or the scammers might fabricate stories about needing to sell coins urgently due to financial distress, convincing the victim to act fast.

  Victims of this scam often end up losing their valuable coin collections and receiving only a fraction of the promised amount, if anything at all.

  According to the FBI, collectors should be wary of any unsolicited offers to purchase or sell collectible coins. Verify the legitimacy of the caller and their business. Do not hand over your coin collection to someone for ‘appraisal’ unless you are certain of their credibility.

  If you have been a victim of this scam or any similar fraudulent activity, the FBI urges you to file a report with the Internet Crime Complaint Center at IC3.gov.

  Collectible coins can be valuable assets, both financially and sentimentally. By staying informed about the latest scams and following the FBI’s guidelines, you can protect yourself from becoming a victim. Remember, if a deal sounds too good to be true, it probably is. Always verify the legitimacy of any coin dealer and exercise caution in your transactions.