'CryptoQueen' Charged In NY On FBI's 10 Most Wanted: May Have Armed Guards, Changed Appearance 'CryptoQueen' Charged In NY On FBI's 10 Most Wanted: May Have Armed Guards, Changed Appearance
'CryptoQueen' Charged In NY On FBI's 10 Most Wanted: May Have Armed Guards, Changed Appearance A woman charged in New York with stealing billions of dollars from investors around the world may have changed her appearance and be traveling with armed guards, according to federal agents.  Bulgaria native Ruja Ignatova, age 42, has been placed on the Federal Bureau of Investigation's Ten Most Wanted Fugitive List for participating in a fake cryptocurrency scheme that defrauded victims of more than $4 billion in total.  The scheme began in 2014 when Ignatova founded OneCoin Ltd., a Bulgaria-based company that marketed a fake cryptocurrency to investors. To solicit funds, she would make f…
Central Jersey Residents Robbed By Cryptocurrency, 'Mexican Cartel' Scams Totaling Nearly $100K Central Jersey Residents Robbed By Cryptocurrency, 'Mexican Cartel' Scams Totaling Nearly $100K
Central Jersey Residents Robbed By Cryptocurrency, 'Mexican Cartel' Scams Totaling Nearly $100K A pair of residents in Middlesex were robbed in separate scams, police said.  One scam was a person saying they were a member of the Mexican Cartel. A second scam involved investments in cryptocurrency via LinkedIn, Middlesex police said. On Jan. 10, a resident of Tree Top Road reported they were a victim of fraud. The resident reported that they were contacted through LinkedIn by an individual offering a cryptocurrency investment opportunity. After transferring funds over the course of several months, the individual ceased all communications and the resident r…
Hacker Stole $10K In Crypto From Chesco Man, State Police Say Hacker Stole $10K In Crypto From Chesco Man, State Police Say
Hacker Stole $10K In Crypto From Chesco Man, State Police Say State police are investigating after a Chester County man was robbed of $10,000 in cryptocurrency, the agency said in a release.  The victim, identified only as a 35-year-old London Britain Township man, walked into the Avondale Station on Thursday, Jan. 5, and told troopers that $10,000 in crypto had been transferred from his digital account without his knowledge, authorities wrote.  The matter remains under investigation, state police added.  As cryptocurrency has entered the mainstream in recent years, theft of digital assets appears to have risen in tandem. According to …
CT State Police Squad Recovers $20K In Cryptocurrency Scam CT State Police Squad Recovers $20K In Cryptocurrency Scam
CT State Police Squad Recovers $20K In Cryptocurrency Scam Last year, the Connecticut State Police Organized Crime Task Force was able to retrieve $20,000 from a $41,150 cryptocurrency or Bitcoin scam. The task force learned of a complaint from a New Haven County resident in Milford in September 2022 regarding larceny by false pretenses, the state police said. The larceny resulted in the loss of $41,150 when the victim was scammed into depositing the money into a series of Bitcoin ATM machines, state police added. The incident was also reported to the Milford Police Department, and it was determined that the task force would assume the investigati…
Former FTX CEO, MIT Grad Sam Bankman-Fried Charged With Defrauding Investors Of $1.8 Billion Former FTX CEO, MIT Grad Sam Bankman-Fried Charged With Defrauding Investors Of $1.8 Billion
Former FTX CEO, MIT Grad Sam Bankman-Fried Charged With Defrauding Investors Of $1.8 Billion The former CEO of what used to be one of the world's largest cryptocurrency companies has been charged with defrauding investors of almost two billion dollars, authorities said. The Securities and Exchange Commission (SEC) charged Samuel Bankman-Fried on Tuesday, Dec. 13, with defrauding FTX investors out of more than $1.8 billion.  The SEC alleges that Bankman-Fried raised the funds – including $1.1 billion from 90 US-based investors – by falsely promoting a safe, responsible cryptocurrency since May 2019.  "We allege that Sam Bankman-Fried built a house of cards on a foundation of dece…
Suffolk County Couple's Life Savings Recovered After Stolen By Scammer Suffolk County Couple's Life Savings Recovered After Stolen By Scammer
Suffolk County Couple's Life Savings Recovered After Stolen By Scammer Authorities recovered hundreds of thousands of dollars that were stolen from a Long Island couple in an internet phishing scam. Investigators recovered more than $330,000 after the funds were stolen from a Suffolk County husband and wife, Suffolk County District Attorney Raymond Tierney announced on Wednesday, Nov. 30. On or about Tuesday, Sept. 20, the victims had the funds stolen from them by a scammer in Kolkata, India, who made false claims and manipulated electronic banking information to convince the couple that the money needed to be refunded after it had been erroneously deposited i…
NJ Crypto Lender BlockFi Files For Bankruptcy NJ Crypto Lender BlockFi Files For Bankruptcy
NJ Crypto Lender BlockFi Files For Bankruptcy New Jersey-based cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy. The company, headquartered on Montgomery Street in Jersey City, in a statement said it will "focus on recovering all obligations owed to BlockFi by its counterparties," including the now-bankrupt Bahamian cryptocurrency exchange. BlockFi also said it expects a delay in recoveries from FTX. Acting in the best interest of our clients is our top focus and continues to guide our path forward. Chapter 11 is a transparent process and we will continue to communicate with our clients to ensure they hear directly…
$10M Cryptocurrency 'Pig Butchering' Scheme Leads To Domain Seizures In Virginia: DOJ $10M Cryptocurrency 'Pig Butchering' Scheme Leads To Domain Seizures In Virginia: DOJ
$10M Cryptocurrency 'Pig Butchering' Scheme Leads To Domain Seizures In Virginia: DOJ Federal officials in Virginia have seized domains used to further fraudsters’ “pig butchering” cryptocurrency schemes, according to authorities. The US Attorney's Office for the Eastern District of Virginia announced the measure in an effort to curtail the spread of these schemes, which led to losses of more than $10 million to its victims. According to federal prosecutors, “in pig butchering schemes, scammers encounter victims on dating apps, social media websites, or even random texts masquerading as a wrong number,” slowly gaining trust until proposing the idea of making a business inve…
Navy Engineer, Wife Sentenced For Trying To Sell American Submarine Secrets For Crypto: Feds Navy Engineer, Wife Sentenced For Trying To Sell American Submarine Secrets For Crypto: Feds
Navy Engineer, Wife Sentenced For Trying To Sell American Submarine Secrets For Crypto: Feds The wife of a former Navy engineer who worked with her husband and attempted to sell American secrets to a foreign country to an undercover operative got a longer sentence than her husband, federal officials announced on Wednesday, Nov. 9. Diana Toebbe, 46, of Annapolis, and husband Jonathan Toebbe, 44, serviced three “dead-drops," which were picked up by undercover FBI agents during a year-long sting operation, federal prosecutors said, leading to lengthy prison terms for both. On Wednesday, Jonathan Toebbe received a sentence of 232 months - more than 19 years - in prison, while his wife…
13 Chinese Nationals Charged With Multiple Acts Of Espionage By Feds In Washington, NJ, NY 13 Chinese Nationals Charged With Multiple Acts Of Espionage By Feds In Washington, NJ, NY
13 Chinese Nationals Charged With Multiple Acts Of Espionage By Feds In Washington, NJ, NY Thirteen people, including members of China’s security and intelligence services, have been charged with trying to recruit professors and others in the United States to act as agents for their country, federal authorities in New York, New Jersey and Washington, DC announced. Tales of international intrigue include allegations that the defendants plotted to steal documents from a federal prosecutor's office to subvert a criminal investigation into a major Chinese company. Some of them are also charged in a spy-versus-spy encounter involving a $41,000 bribe in Bitcoin paid to an American…
Mass Men Who Tried To Steal $530,000 Through People's Cell Phones Sentenced Mass Men Who Tried To Steal $530,000 Through People's Cell Phones Sentenced
Mass Men Who Tried To Steal $530,000 Through People's Cell Phones Sentenced Two Massachusetts men who pleaded guilty to taking part in a scheme to steal $530,000 worth of cryptocurrency and "OG" steal social media accounts will spend two years in federal prison, authorities said.  Eric Meiggs, 25, of Brockton, and Declan Harrington, 22, of Rockport, pleaded guilty earlier this year to one count of conspiracy, four counts of wire fraud, one count of computer fraud and abuse and one count of aggravated identity theft, the US Attorney for Massachusetts said. Harrington also copped to an additional count of wire fraud.  The men admitted they we…
Men In Braintree, Canton, Winthrop, Saugus Helped Launder $25M In Drug Money: Feds Men In Braintree, Canton, Winthrop, Saugus Helped Launder $25M In Drug Money: Feds
Men In Braintree, Canton, Winthrop, Saugus Helped Launder $25M In Drug Money: Feds The FBI arrested nearly a dozen men in Massachusetts, Rhode Island, New York, and California this week as part of a money laundering operation that helped clean $25 million in drug cash, federal authorities said.  The arrests come after a months-long undercover investigation that followed how the organization moved kilos of cocaine and MDMA from Massachusetts and distributed it throughout the country, the US Attorney for Massachusetts said. The suspects thought they could hide the millions of dollars they made using cryptocurrency to avoid raising any alarms at a traditional bank, feder…