Derrick Van Yeboah admitted he stole over $10m in romance scams as part of crime gang
Tag: romance
AI, Global Security News
Digital Gold for Predators: Tenable Expert Warns of AI-Powered “Dark Age” for Romance Scams Ahead of Valentine’s Day
GUEST OPINION: Romance scams have entered a “dark age,” evolving from disorganised individual actors into a multi-billion-dollar criminal enterprise. According to the US Federal Trade Commission, investment scams, the primary “endgame” for romance fraud, resulted in $5.7 billion in losses in 2024, a figure experts believe is a conservative estimate.
AI, Global Security News, Guest blog, Law & order, Nigeria, romance scam, Scam
Fake Dubai Crown Prince tracked to Nigerian mansion after $2.5M romance scam
When a Romanian businesswoman fell for a fake Dubai Crown Prince in a $2.5 million romance scam, investigators tracked the fraudster to his Nigerian mansion – only to discover he was masquerading as a campaigning philanthropist. Read more in my article on the Hot for Security blog.
AI, china, Compliance, Cybersecurity, Data Breaches, Global Security News, malware, Network Security, privacy, Venture
How to scam someone in seven days
Romance scammers have apparently discovered astrology… and Taurus is their secret weapon. In episode 449 of “Smashing Security”, we take a look inside an actual romance-fraud handbook – complete with scripts, personality “types”, corporate jargon, and a seven-day plan to get victims from hello to hand over the crypto. Then Lesley “hacks4pancakes” Carhart delivers a…