Scammers and Skeptics Are Strangling the Future of Digital Money

Bitcoin devotees and other cryptocurrency fans say that math gives their radical ideas so much potential. But starting a new value system also requires a level of faith in the people using the math. As “shitcoin” scams pile up, it’s becoming clear that new currencies need trust, too. And they don’t have it. » 4/07/15 11:00am 4/07/15 11:00am

Mars One Is Broke, Disorganized, and Sketchy as Hell

Remember Mars One? The mega-hyped, one way ticket to go start a colony on Mars assuming it could get a ship and funding and capable colonists and training facilities and the major technological advances necessary to make it all happen? Surprise! According to one finalist, the whole thing is pretty much a scam. » 3/16/15 2:40pm 3/16/15 2:40pm

Beware: Anthem Hack Victims Are Getting Bombarded by Phishing Scams

Just a few days ago, Anthem, the second-largest health insurer in the country, revealed that it had been the victim of a massive security breach, potentially exposing the highly sensitive data of up to 80 million customers. And things just got worse. Now, both current and former customers are being hit with phishing… » 2/06/15 3:43pm 2/06/15 3:43pm

The Simplest Way to Stop Crowdfunding Scams

I wish I could say that crowdfunding was hitting a rough patch. What with all the scams and impossible projects gracing the various platforms' hallowed halls, that's what should be happening. And yet! Creators continue to promise beyond their means, and we keep burying them with cash. Thankfully, though, Indiegogo may… » 12/02/14 1:10pm 12/02/14 1:10pm

Even the 19th Century Had Needy Nigerian Prince Scams

We've all received that email at least once before. A kind prince/princess/spambot in Nigeria has millions of dollars, and better yet, they want to split it with you. Just hand over your social security code and wait for them to arrive on American soil. As the above newspaper clipping shows, these types of scams were… » 11/14/14 5:27pm 11/14/14 5:27pm

The Common Facebook Scams You Should Never Click On

It's been a little sad to watch Facebook devolve from being a squeaky clean site full of people you love to a spam-ridden wasteland. And with a fifth of the world's population using the site, you can be sure the spam is going to keep coming. So you need all the help you can get separating the good links from the bad. » 7/31/14 11:34am 7/31/14 11:34am

Kickstarter Just Opened the Floodgates to Even More Frauds and Scams

Crowdfunding is notorious for being riddled with impossible projects, broken promises, and straight up scams. But Kickstarter's been one of the few sites that even attempts to vet projects before people start throwing their money at them. Now, though, Kickstarter has decided to let creators choose to bypass the… » 6/03/14 12:21pm 6/03/14 12:21pm

Elaborate Chinese Real Estate Scam Traps Owners in Illegal Apartments

Here in New York, shady brokers have long been known to sell the same apartment to multiple gullible buyers. In China, however, real estate scammers have gone to the next level: Buyers are being “taken hostage” by developers who fail to mention that the apartments they’re selling are totally illegal. » 11/04/13 1:00pm 11/04/13 1:00pm

What Online Scams Would Look Like If They Were Real People

When we see Nigerian princes or weird links or invasive people who want to much personal information pop up in our e-mail inbox, we immediately know that they're scams. It's part of the Internet. But what if it was a part of real life too? It would be absolutely terrifying to see online scams and viruses as people. » 5/17/13 1:00am 5/17/13 1:00am

Why You Shouldn't Post Your Concert Tickets on Facebook

The scene: your girlfriend and/or boyfriend (hey, nothing wrong with polyamory) got you tickets to The Houston Livestock Show and Rodeo. You've been waiting your whole life to see those goats up close, so naturally, you want to post pictures of your beloved gift on Facebook, rubbing it in all your friends' rodeo-less… » 1/08/13 10:32am 1/08/13 10:32am