Crypto News 

Cryptocurrency Scam: Texas Securities Board Issues Another Cease and Desist Order

“Regulators in Texas have once again issued a cease and desist order against a promoter of an allegedly fraudulent cryptocurrency investment scheme” writes Nick Omo for livebitcoinnews.com. According to the statement, Travis J. Iles entered an emergency cease and desist order against one Mark Steven Royer for offering a fraudulent cryptocurrency investment scheme.According to the order, Royer assured investors of between 10 to 20 percent ROI on a weekly basis.Do you think that Royer is running a fraudulent cryptocurrency investment scheme?. The Texas State Securities Board issued a press release…

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Instagram deleting ‘inauthentic likes, follows and comments’ to fight fraudulent activity

“Starting today, we will begin removing inauthentic likes, follows and comments from accounts that use third-party apps to boost their popularity” writes Ugreen Apple Watch for 9to5mac.com. We’ve built machine learning tools to help identify accounts that use these services and remove the inauthentic activity. Source: 9to5mac.com Share This:

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‘Crack in system’ lets parents scam their child into school

“Children are missing out on school places because of “a large crack in a system” that lets fraudulent applications go undetected, a Daily Telegraph investigation has found” writes Owen Paterson for telegraph.co.uk. More than one in six of 140 local authorities that responded to freedom of information requests said they do not collate fraudulent applications.In many cases, the policing of this by local authorities is limited to cross-referencing information on applications with existing records, such as the electoral roll or those for council tax.The Telegraph’s inquiry found some local authorities…

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Crypto News 

Cryptocurrency Scam: DJ Khaled and Floyd Mayweather Sued for Promoting Fraudulent ICO

“According to TMZ, the two celebrities are being sued for endorsing the Centra Tech cryptocurrency ICO. Back in September 2017, both the boxer and the music producer published tweets endorsing the Centra Tech project” writes Nick Omo for livebitcoinnews.com. DJ Khaled and Floyd Mayweather are facing legal troubles from victims of a cryptocurrency scam.Earlier in the year, the United States Securities and Exchange Commission (SEC) charged the Centra Tech founders with wire fraud and securities fraud. Source: livebitcoinnews.com Share This:

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Trump to fraudulent voters: ‘Cheat at your own peril’

“With just a few weeks to go until the midterm elections, President Trump tweeted out a warning for those who might not be able to vote” reports washingtonexaminer.com. Though Trump has pointed to widespread voter fraud in the 2016 elections — claiming millions of illegal votes were cast — a controversial voter fraud panel was disbanded in January. Source: washingtonexaminer.com Share This:

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Crypto News 

North Dakota Securities Commissioner Issues Cease and Desist Order Against 3 ICOs

“Karen Tyler, North Dakota Securities Commissioner, has issued cease and desist orders against three firms promoting fraudulent and unregistered securities in the garb of ICOs (Initial Coin Offerings)” writes Kuldeep Kaul for livebitcoinnews.com. Securities commissioner of North Dakota has issued orders against three companies allegedly promoting fraudulent ICOs.What do you think should governments and regulators do to protect the investors from fraudulent ICOs and cryptocurrencies?. Statements on the website claim that holders of the coin can earn through the appreciation in the value of the asset. Source: livebitcoinnews.com Share This:

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iPhone frauds in China cost Apple billions of dollars in last five years: Report

“Fraudulent iPhone repair claims made in China cost Apple billions of dollars over a period of five years, according to a report in The Information” reports firstpost.com. But thanks largely to the fraudulent scheme in China, Apple ended up spending $3.7 billion in that period, the report said.At its peak, Apple estimated that 60 percent of warranty repairs in China and Hong Kong was fraudulent. Source: firstpost.com Share This:

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North Dakota ICO Task Force Confirms Investigation of 10 Different Companies

“Have you been the victim of a fraudulent ICO? Let us know in the comments below” writes Jp Buntinx for livebitcoinnews.com. A lack of disclosing material financial and risk information to investors is a common denominator among projects under investigation in North Dakota.Their main purpose is to investigate potentially fraudulent ICOs posing a risk to investors in North Dakota state. Source: livebitcoinnews.com Share This:

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Google to allow certain cryptocurrency advertising next month

“Google will resume accepting cryptocurrency-related online advertising after previously banning such ads earlier this year, according to a report from CNBC today” writes Sep Edt for theverge.com. Facebook, which put in place the first large-scale crypto advertising ban back in January, lifted its ban on certain types of crypto-related ads in June.Lifting the ban will allow regulated crypto exchanges to purchase ads through Google’s platform in the US and Japan starting next month. Source: theverge.com Share This:

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Woman Who Invented Daughter To Make Fake Manchester Arena Bomb Claim Jailed

“A woman who pretended to have a daughter who was seriously injured in the Manchester Arena attack to make an insurance claim has been jailed for two years” writes unknown author for huffingtonpost.com. Susan Pain, 51, of Kirkby in Merseyside, was sentenced for two counts of fraud at Liverpool Crown Court on Tuesday after she pleaded guilty at magistrates’ court to claiming £139,000 through 31 fraudulent insurance claims. Source: huffingtonpost.com Share This:

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