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Beware Scammers Offering Shares in Facebook, Government Warns

Facebook has yet to go public, and it's still unclear whether it even will. But that hasn't stopped some con artists from using the specter of a Facebook IPO to rip off gullible investors. The scams are popping up, in various forms, across YouTube and the blogosphere. But they all follow the same general formula: visitors are offered the chance to invest in Facebook and other social media ...

ATM Hacker Arrested, Thanks to Reformed Con Man

Is a reformed con artist really a reformed con artist if he cons another criminal into a federal sting operation? That's the question Thor Alexander Morris must be asking himself after ending up on the wrong side of an undercover FBI investigation. The 19-year-old grocery store worker from North Carolina recently made the mistake of teaming up with a con artist from Houston to pull off a major ATM ...

British Con Men Sell Germans Suitcase Full of iPotatoes

It's usually not a good idea to buy things from folks on the street, unless you're into knockoff watches and stolen radios. If, though, for some reason you feel inclined to hand over a wad of cash to some stranger holding a large unmarked bag, at least make sure you verify its contents first. In Braunschweig, Germany, a group of Germans who thought they were purchasing a small suitcase full of ...