A Serial Tech Investment Scammer Takes Up Coding?

John Clifton Davies, a 60-year-old con man from the United Kingdom who fled the country in 2015 before being sentenced to 12 years in prison for fraud, has enjoyed a successful life abroad swindling technology startups by pretending to be a billionaire investor. Davies newest invention appears to...

RevenueWire to pay $6.7 million to settle FTC charges

What can you do as a scammer when no legitimate payment provider wants to process your payments anymore? Or, what if you are growing sick and tired of these same payment providers reimbursing disgruntled customers who claim that your products didn't fix computers, like—you know—you said they woul...

Android Keyboard App Could Swindle 40M Users Out of Millions

Researchers are warning users to delete a popular Android keyboard app that, once downloaded, makes unauthorized purchases of premium digital content. Google told Threatpost it has removed the app from its Google Play marketplace – but researchers say it was downloaded on at least 40 million phon...

Man Pleads Guilty in $4.8m ATM Fraud

A Connecticut man pleaded guilty to automatic teller machine ATM fraud on Tuesday following a scheme that conned $4.8 million from a Rhode Island bank over the last few years. John DeMilo of Branford, Conn. faces jail time for helping defraud Cranston-based Domestic Bank. Between 2000 and 2010,...