Crime articles

teen scattered spider crime theft identity theft cryptocurrency cryptojacking sim swapping

Teen hacker from notorious Scattered Spider ring sentenced to 10 years in federal prison

He also agreed to pay $13 million in restitution as part of his plea deal
In a nutshell: A Palm Coast, Florida, man linked to a notorious hacking crew will spend the next decade in federal prison after admitting to a multimillion-dollar cybercrime spree that relied on SIM-swapping attacks to steal cryptocurrency. The sentencing closes a two-year investigation that exposed one of the largest fraud schemes tied to a group known as Scattered Spider.
pablo escobar phone scam creator pleads guilty fraud with video

Escobar Phone creator pleads guilty to scamming buyers, never delivered devices

Sullying the good name of Pablo Escobar
Facepalm: In a turn of events that will likely surprise no one, the person behind the Escobar Phone that made headlines several years ago for its association with the infamous drug kingpin has pleaded guilty to fraud. The phones, which were rebranded Samsung Galaxy Folds, were never delivered to most customers, nor were the Escobar-branded flamethrowers he also purported to sell. However, buyers did get a certificate of ownership.
french

Crypto millionaires targeted in brutal kidnappings across France and Europe

Attackers' modus operandi: cutting off victims' fingers to pressure payments
In brief: There has been a spate of kidnappings taking place across France and Western Europe in which victims are cryptocurrency investors. The most recent incident involved the owner of a crypto marketing firm having his finger cut off by attackers. Police say the man could have been mutilated further had he not been rescued.