Daily fraud update: 3rd April

Chris Lee

Russian rapper hit with charges over money laundering

A man from Russia who was living in the US state of Florida has been charged over claims that he was involved in organised cybercrime.

Maksim Boiko, who is 29 years old and works as a rapper, has been charged by the US Attorney’s Office in Pittsburgh with claims that he conspired to win over money laundering.

He is accused of being associated with QQAAZZ, which is a cybercrime group.

As a rapper, Boiko is known as “PLINOFFICIAL”.

A series of posts which he shared on the social networking site Twitter have now been picked up by the press in the aftermath of the legal moves.

“God bless America! Especially Florida!” he wrote at one stage.

In what could be interpreted as a sign of things to come, he also commented on his feelings about the police.

“Only in America do I feel myself 100% free and safe… But by habit all the same I tense up at the sight of cops. They say that will pass with time”, he said.

This tweet was originally written in Russian.

According to official documents from authorities in the US, the rapper came into the country in January of this year.

He brought a significant amount of US dollars into the country, which he ascribed to legitimate sources.

“Maksim Boiko aka Maxim Boyko aka gangass is a 29-year-old Russian National who entered the United States via Miami, Florida with his wife on January 19, 2020”, court documents read.

“Because he entered the country with $20,000 in US currency, Boiko was interviewed by the US Customs and Border Protection. In the interview, Boiko stated that his income came from investments in Bitcoin and rental properties in Russia.”

However, the authorities are understood to have later traced some of Boiko’s activities via his Instagram page – leading to the charges of conspiring to commit money laundering.

AT&T hits back in SIM swap case

Flag with logo, close-up. Editorial 3D

A major US telecoms provider has revealed that it intends to plead not guilty in a court case related to SIM swapping.

AT&T said that it would not take responsibility for damages sought by Michael Terpin, a crypto investor whose mobile phone was hacked.

Terpin was defrauded during the incident, and lost millions of US dollars’ worth of crypto value.

During a SIM swap scam, a mobile phone number is stolen in order to impersonate its owner.

It is often by someone with administrator access over a mobile phone network.

Terpin claims that AT&T failed to do enough to prevent the incident, but the firm has now hit back.

“Mr. Terpin ignores the undisputed fact that AT&T disclosed to him that it could not guarantee that third parties would not take unauthorized actions that would disclose his personal information…” it said.

“Mr. Terpin’s deceit and misrepresentation claims seek to punish AT&T not for concealing or misrepresenting material facts, but simply for failing to provide further specifics on how Mr. Terpin’s information could be stolen”, it added.

Chris Lee

Latest news

Cybercrime still on the rise – be wary of potential scams
While our attention may be drawn to the latest news regarding the COVID-19 pandemic or the Tokyo Olympic Games, cybercrime statistics continue to grow unabated in the shadows. Read more
How to Learn to Trade Unpredictable Summer Markets
Recent events in the financial markets have left traders and investors dazed and confused. Read more

Safest Forest Brokers 2020

Broker Info Best In Customer Satisfaction Score
#1 ForexTime LogoYour capital is at risk Founded: 2011 Global CFD & FX Broker
Number One Broker
#2 ForexTB logoYour capital is at risk Founded: 2015 Global Forex & CFD Broker
Number One Broker
LOWEST FEES Visit broker
#3 Tickmill forex broker logoYour capital is at risk Founded: 2014 Global Forex & CFD Broker
Number One Broker
Best Trading Conditions Visit broker
#4 BlackBull MarketsYour capital is at risk Founded: 2014 Global Forex Broker
Number One Broker
BEST SPREADS Visit broker
#5 Forex Broker Pepperstone LogoCFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Founded: 2010 Global Forex Broker
Number One Broker
Low minimum deposit Visit broker

    Forex Fraud Certified Brokers

    IC Markets Logo
    BlackBull Markets Logo
    FXTM Logo
    Exness Small Logo
    Forex.com Logo
    Vantage FX logo
    HYCM Logo
    XM Logo
    AvaTrade logo
    ATFX Logo
    skilling logo
    IQ Option Logo
    Plus500 Small Logo
    City Index Logo
    OctaFX Logo