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Date: November 22, 2024 Fri

Time: 12:23 pm

Results for scam

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Author: United States Federal Bureau of Investigation

Title: 2017 Internet Crime Report

Summary: Beginning in 2015, the Internet Crime Complaint Center (IC3) forwarded multiple complaints to the FBI’s Houston Field Office regarding fraudulent offers of investment opportunities by perpetrators who impersonated U.S. bank officials and financial consultants over the Internet and telephone. Victims in various countries, including the U.S., were deceived into believing they would receive millions of dollars from joint ventures with certain U.S. banks if they paid up-front fees - ranging from tens of thousands to hundreds of thousands of dollars - to participate. According to court documents, victims lost more than $7 million collectively in this scam. The complaints submitted by victims to the IC3 helped investigators uncover this elaborate international advance fee and money laundering scheme, and in February of this year, six individuals were federally charged in Houston in connection with the scam. The IC3, which has received more than 4 million victim complaints from 2000 through 2017, routinely analyzes complaints like these and disseminates data to the appropriate law enforcement agencies at all levels for possible investigation. The IC3 also works to identify general trends related to current and emerging Internet-facilitated crimes, and it publicizes those findings through periodic alerts and an annual report. And today, the IC3 is releasing its latest annual publication - the 2017 Internet Crime Report - which reveals that the center received more than 300,000 complaints last year with reported losses of more than $1.4 billion.

Details: Federal Bureau of Investigation, 2018. 29p.

Source: Internet Resource: Accessed January 14, 2019 at: https://www.fbi.gov/news/stories/2017-internet-crime-report-released-050718

Year: 2018

Country: United States

URL: https://pdf.ic3.gov/2017_ic3report.pdf

Shelf Number: 154147

Keywords:
Complaint
Data Breach
Financial Crime
Fraud
IC3
Internet Crime
Internet Crime Complaint Center
Phishing
Ransomware
Scam