#InvestmentScam

Google Sues App Developers Over Fake Crypto Investment App Scam

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April 8, 2024 at 01:57AM Google has filed a lawsuit against app developers Yunfeng Sun and Hongnam Cheung for an “international online consumer investment fraud scheme.” The scheme involved uploading about 87 crypto apps to the Play Store, tricking users into downloading them, and stealing their funds. The company accused them of violating multiple policies … Read more

‘Savvy Seahorse’ Hackers Debut Novel DNS CNAME Trick

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February 28, 2024 at 09:07AM A new threat actor executes an innovative investment scam through a sophisticated traffic distribution system (TDS), leveraging the DNS to sustain ever-changing malicious domains. The scam impersonates major brands, luring victims through multilingual Facebook ads. The TDS, supported by CNAME records, provides resilience and evasion against takedowns, posing a significant … Read more