Many online criminals target dating sites to find unwitting accomplices for money laundering and other schemes. An unrealistically beautiful person contacts you via a dating site or other social media profile. He — its usually a he, according to the FBI — might even send you flowers or other small gifts.
Russian authorities have issued warnings against using Bitcoin, saying the virtual currency could be used for money laundering or financing terrorism and that treating it as a parallel currency is illegal. Systems for anonymous payments and cyber currencies that have gained considerable circulation – including the most well-known, Bitcoin – are money substitutes and cannot […]
Earlier this week, US authorities charged Ross Ulbricht, the alleged mastermind of the online drug marketplace Silk Road, with conspiracy to commit computer hacking, narcotics conspiracy, engaging in a continuing criminal enterprise, and money laundering. He has pleaded not guilty to all charges. According to Forbes, Ulbrichts defense lawyer hinted that they might attack the […]
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