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You Searched For "bank scam compensation" and got 16 results


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2 mins read

Banks and the federal government point fingers as Americans lose billions to online scams

Banks and the federal government are debating the best way to address rampant online scams, which h…

Kenneth Niemeyer   


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11 mins read

I was scammed out of $300K in a 3-month-long government impersonation scam

Over the course of 3 months, a 28-year-old woman was scammed out of over $300,000. When she realize…

Jane Zhang   


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3 mins read

A new wave of robocallers are trying to scam crypto users here's how the scam works and how to stop it

These scams are particularly risky for cryptocurrency investors, as it's difficult to reclaim lost …

Madison Hall   


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1 min read

RBI says bank scam victim compensation increased to Rs 5 lakh after Budget announcement

Soon after the Budget announcement, insurance cover on bank deposits has been increased from Rs 1 l…

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2 mins read

India Budget 2020: Bank scam victims are assured of ₹5 lakh instead of ₹1 lakh

“A robust mechanism is in place to monitor the health of all banks and the money of deposito…

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A Hong Kong fashion executive thought she was adopting a kitten from Thailand. She ended up losing $764,000 in a Bitcoin scam.

The 58-year-old woman was conned into paying more than $764,000 to a scammer via 40 separate crypto…

Matthew Loh   


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Maryland man admits participating in a COVID-19 vaccine scam, which involved a fake Moderna website. He faces up to 20 years in prison.

A Maryland resident faces a long jail sentence for his role in a COVID-19 vaccine scam, which invol…

Kevin Shalvey   


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Elizabeth Warren, AOC blast Wells Fargo CEO for blaming 'very limited pool of Black talent' for the bank's trouble hitting its diversity-hiring goals

"Its CEO has an unfathomable blind spot," Warren said, adding Wells Fargo is "part of a financial s…

Isabella Jibilian   


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11 mins read

Inside the Wild West of a cryptocurrency awards show, where people wondered if they were being scammed and the police kept stopping by

One of the most popular ways to attract public interest in an ICO is through online influencers. In…

Zoë Bernard   


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2 mins read

A Vietnamese real-estate exec embezzled so much money it equalled 3% of the country's GDP. Her punishment is death.

In Vietnam's largest-ever fraud trial, a tycoon was sentenced to death. Prosecutors said she embezz…

Joshua Zitser   


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5 mins read

Airbnb's ongoing battle with hotels for travelers has taken a noticeable turn

Airbnb said its struggles are tied to consumers spending less, but it's also because they're opting…

Dan DeFrancesco   


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14 mins read

Inside America's wildest — and most lucrative — lawsuits

Mass torts hold companies accountable for their actions — but they're a product of pure anarchy.

Jack Newsham   


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17 mins read

Inside the company that has discovered the ultimate cash cow: teenage athletes

Michael Schwimer calls his company "Shark Tank for athletes." Critics call it indentured servitude.

Joseph Bien-Kahn   


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1 min read

Business Insider is hiring a business reporter in London

The position is full-time in our London office. Business Insider offers competitive compensation pa…

Business Insider   


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4 mins read

McDonald's app customers are getting their accounts hijacked by hackers who spent as much as $2,000 on enormous orders of Big Macs and nuggets

"While we are aware that some isolated incidents involving unauthorized purchases have occurred, we…

Bill Bostock,Bill Bostock   


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2 mins read

Business Insider is hiring a finance editor in London

We want someone who can see the bigger picture. They can find the biggest stories about the world's…

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