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Google nukes 224 Android malware apps behind massive ad fraud campaign

bleepingcomputer.com Unknown 2025-09-24 15:20:00

A massive Android ad fraud operation dubbed "SlopAds" was disrupted after 224 malicious applications on Google Play were used to generate 2.3 billion ad requests per day. The ad fraud campaign was discovered by HUMAN's Satori Threat Intelligence team, which reported that the apps were downloaded over 38 million times and employed obfuscation and steganography to conceal the malicious behavior from Google and security tools. The campaign was worldwide, with users installing the apps from 228 co

Topics: ad campaign fraud human slopads

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In the Matter of Lisa Cook

news.ycombinator.com Paul Krugman 2025-10-29 06:06:54

Yesterday Donald Trump said that he had fired Lisa Cook, a member of the Federal Reserve Board of Governors. My wording is advisable: He “said” that he had fired her. I’m not a lawyer, but it seems clear that he does not have the right to summarily fire Fed officials, certainly on tissue-thin allegations of mortgage fraud before she even went to the Fed. Cook has said that she will not resign. So at this point the immediate onus is on Jerome Powell, the Fed chairman. He has the right — I would

Topics: cook fed fraud said trump

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Coris (YC S22) Is Hiring

news.ycombinator.com Unknown 2025-11-06 11:00:14

AI Engineer Location: SF Bay Area ( 4+ days in office ) Experience Level: 3–5+ years Stack: Python, PyTorch, ML, LLMs, Django Type: Full-time 🧠 About Coris Coris is building the AI-first trust layer for global commerce. We partner with leading platforms, marketplaces, payment providers, and banks to transform how small business onboarding, monitoring, and lifecycle decisions are made - using AI on the ground to drive faster, smarter actions with less friction. One of our customers describ

Topics: data detection fraud models real

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Over $300 million in cybercrime crypto seized in anti-fraud effort

bleepingcomputer.com Unknown 2025-11-17 05:15:34

More than $300 million worth of cryptocurrency linked to cybercrime and fraud schemes has been frozen due to two separate initiatives involving law enforcement and private companies. One initiative is the T3+ Global Collaborator Program launched by the T3 Financial Crime Unit (T3 FCU), a joint effort deployed almost a year ago by intelligence firm TRM Labs, TRON, and Tether, with Binance joining as the first official member - all major forces in the blockchain space. According to intelligence

Topics: blockchain chainalysis fraud million t3

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New York Takes Zelle to Court Over Alleged Fraud on the Platform, Claims $1 Billion Lost

gizmodo.com Aj Dellinger 2025-11-18 15:10:23

Arguably, the entire selling point of Zelle as a platform is that it is owned by big banks that ostensibly are invested in making sure that your money is safe. Turns out security was not the priority that you might imagine, according to New York Attorney General Letitia James. In a lawsuit against the money transfer, the top prosecutor for New York State claims that customers have lost more than $1 billion to fraud on Zelle, which was enabled by a lack of sufficient protections. In the suit, Ja

Topics: banks fraud james york zelle

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New York claims Zelle’s shoddy security enabled a billion dollars in scams

theverge.com Emma Roth 2025-11-20 15:39:34

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Posts from this author will be added to your daily email digest and your homepage feed. New York Attorney General Letitia James is suing the banks behind Zelle over claims that their payment platform enabled “massive amounts of fraud” that caused customers to lose more than $1 billion between 2017 and 2023. In the lawsuit, James alleges Zelle was r

Topics: claims fraud james scams zelle

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Terraform Labs founder Do Kwon pleads guilty to fraud over $40 billion crypto collapse

engadget.com Unknown 2025-11-20 16:40:09

Terraform co-founder Do Kwon has pleaded guilty to two US chargers of fraud after his actions wiped out $40 billion worth of crypto investments, The Guardian reported. Kwon's story is a wild one involving an immense crypto crash, an Interpol manhunt and Kwon's eventual extradition from Montenegro to the United States. Kwon, along with Sam Bankman-Fried and others, was a key player in 2022's crypto collapse. His company Terraform created a "stablecoin" called TerraUSD supposedly pegged to the US

Topics: billion crypto fraud kwon terrausd

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'Chairmen' of $100 million scam operation extradited to US

bleepingcomputer.com Unknown 2025-11-27 05:03:34

The U.S. Department of Justice charged four Ghanaian nationals for their roles in a massive fraud ring linked to the theft of over $100 million in romance scams and business email compromise attacks. The defendants were allegedly high-ranking members of a major international fraud ring based in Ghana that targeted companies and individuals across the United States between 2016 and May 2023. Isaac Oduro Boateng (also known as "Kofi Boat"), Inusah Ahmed ("Pascal"), Derrick Van Yeboah ("Van"), an

Topics: accounts email fraud money ring

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Hacker extradited to US for stealing $3.3 million from taxpayers

bleepingcomputer.com Unknown 2025-12-04 10:09:02

Nigerian national Chukwuemeka Victor Amachukwu has been extradited from France to the U.S. to face charges of hacking, fraud, and identity theft for suspected spearphishing attacks on U.S. tax preparation businesses. The attack were designed to steal personal data and file fraudulent tax and loan applications, allowing threat actors to steal over $3 million in total. Specifically, the Nigerian national allegedly obtained approximately $2,500,000 from fraudulent tax refunds (out of $8.4 million

Topics: amachukwu fraud fraudulent loan tax

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CTM360 spots Malicious ‘FraudOnTok’ Campaign Targeting TikTok Shop users

bleepingcomputer.com Unknown 2025-12-05 11:25:36

CTM360 has discovered a new global malware campaign dubbed "FraudOnTok" that spreads the SparkKitty spyware through fake TikTok shops to steal cryptocurrency wallets and drain funds. The unique spyware trojan discovered by CTM360 is specifically engineered to exploit TikTok Shop users across the globe. Dubbed as “FraudOnTok”, this highly coordinated scam operation employs a hybrid scam model that combines phishing and malware to deceive buyers and affiliate program participants on TikTok’s gro

Topics: ctm360 fake fraudontok spyware tiktok

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Spanish police arrest five over $542M crypto investment scheme

news.ycombinator.com Unknown 2026-01-06 15:19:31

Spanish law enforcement arrested five people suspected of running an international cryptocurrency investment fraud scheme that laundered more than €460 million ($542 million) from over 5,000 victims worldwide, according to a statement from Europol. The suspects, based in Madrid and the Canary Islands, allegedly operated a global network of accomplices who collected money through cash deposits, wire transfers and cryptocurrency transactions. According to Spain’s Guardia Civil, the criminal ring

Topics: based cryptocurrency fraud investment scams

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Fighting AI with AI, finance firms prevented $5 million in fraud - but at what cost?

zdnet.com Webb Wright 2026-01-11 00:06:40

d3sign/Getty Imageds When most people think of AI, the first thing that probably comes to mind isn't superintelligence or the promise of agents to boost productivity, but scams. There've always been fraudsters among us, that small percentage of the population who'll use any means available to swindle others out of their money. The proliferation of advanced and easily accessible generative AI tools in recent years has made such nefarious activity exponentially easier. Also: Meet ChatGPT agent,

Topics: ai financial fraud tools use

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Samsung boss cleared of fraud by South Korea's top court

feeds.bbci.co.uk Unknown 2026-01-12 17:57:43

Samsung boss cleared of fraud by South Korea's top court Samsung boss Lee Jae-yong has been cleared by South Korea's top court of fraud charges, concluding a years-long legal battle over his role in a 2015 merger deal. Lee, the grandson of Samsung's founder and the de facto head of the company since 2014, had been accused of using stock and accounting fraud to try to gain control of the firm. In its final verdict, the Supreme Court in Seoul upheld a not guilty verdict, after Lee was acquitted

Topics: cleared court fraud lee samsung

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Meet the AI Fraud Fighters: A Deepfake Granny, Digital Bots and a YouTube Star

cnet.com See Full Bio 2026-01-30 09:20:00

It was almost an hour into our Google Meet call. I was interviewing Kitboga, a popular YouTube scam baiter with nearly 3.7 million subscribers, known for humorously entrapping fraudsters in common scams while livestreaming. "I assume I'm talking to Evan Zimmer," he says with a mischievous glance, his eyes exposed without his trademark aviator sunglasses on. We were close to the end of our conversation when he realized that my image and audio could have been digitally altered to impersonate me t

Topics: ai bots fraud kitboga scammers

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Zelle needs to fix ‘significant scams and fraud,’ lawmakers say

theverge.com Emma Roth 2026-02-09 20:30:00

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Banks are facing renewed pressure to protect their customers from scams on Zelle, the payment network owned by JPMorgan, Wells Fargo, Bank of America, Capital One, and other big banks. In letters to the banks, Sen. Elizabeth Warren (D-MA), Sen. Richard Blumenthal (D-CT), and Rep. Maxine Waters (D-CA) asked them how often their customers report Zelle

Topics: banks customers fraud scams zelle

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Europol helps disrupt $540 million crypto investment fraud ring

bleepingcomputer.com Unknown 2026-02-16 15:20:58

Spanish authorities have arrested five individuals in Madrid and the Canary Islands, suspected of laundering $540 million (€460 million) from illegal cryptocurrency investment schemes and defrauding more than 5,000 victims. The law enforcement operation was supported and coordinated by Europol and investigators from Estonia, France, and the U.S. (Homeland Security Investigations – HSI). The investigation into the fraud ring started in 2023 On the day of the arrests a cryptocurrency expert was

Topics: ai cryptocurrency europol fraud investment

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JavaScript Trademark Update

news.ycombinator.com Unknown 2026-02-16 17:52:00

On June 18, the Trademark Trial and Appeal Board (TTAB) dismissed our fraud claim against Oracle. We disagree with this decision. That claim alleged Oracle knowingly misled the USPTO in its 2019 renewal by submitting a screenshot of the Node.js website to show use of the “JavaScript” trademark. As the creator of Node.js, I find that especially offensive. Node.js was never an Oracle product or brand. Oracle didn’t create it, didn’t run it, and wasn’t authorized to use it to prop up its trademark

Topics: claim fraud javascript oracle trademark

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US recovers $225 million of crypto stolen in investment scams

bleepingcomputer.com Unknown 2026-03-07 05:33:01

The U.S. Department of Justice has seized more than $225 million in cryptocurrency linked to investment fraud and money laundering operations, the largest crypto seizure in the history of the U.S. Secret Service. The state's investigators used blockchain analysis to trace the funds stolen from over 400 victims, which were then laundered through a complex network of cryptocurrency addresses to obscure their origin. "The complaint alleges that the cryptocurrency addresses that held the over $225

Topics: addresses blockchain cryptocurrency fraud groups

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Latest Tech News

Google nukes 224 Android malware apps behind massive ad fraud campaign

In the Matter of Lisa Cook

Coris (YC S22) Is Hiring

Over $300 million in cybercrime crypto seized in anti-fraud effort

New York Takes Zelle to Court Over Alleged Fraud on the Platform, Claims $1 Billion Lost

New York claims Zelle’s shoddy security enabled a billion dollars in scams

Terraform Labs founder Do Kwon pleads guilty to fraud over $40 billion crypto collapse

'Chairmen' of $100 million scam operation extradited to US

Hacker extradited to US for stealing $3.3 million from taxpayers

CTM360 spots Malicious ‘FraudOnTok’ Campaign Targeting TikTok Shop users

Spanish police arrest five over $542M crypto investment scheme

Fighting AI with AI, finance firms prevented $5 million in fraud - but at what cost?

Samsung boss cleared of fraud by South Korea's top court

Meet the AI Fraud Fighters: A Deepfake Granny, Digital Bots and a YouTube Star

Zelle needs to fix ‘significant scams and fraud,’ lawmakers say

Europol helps disrupt $540 million crypto investment fraud ring

JavaScript Trademark Update

US recovers $225 million of crypto stolen in investment scams

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