MEDIUMVulnerability
Global

Sri Lanka makes 37 arrests as it raids another scam centre

·Source: Graham Cluley

Updated:

Executive Summary

You don't need to live near a scam compound for it to wreck your life. Americans lost $5.8 billion to crypto investment scams last year alone - and a raid in Sri Lanka this month shows exactly how the operations behind them keep finding new places to hide. Read more in my article on the Hot for Security blog.

Analysis

You don't need to live near a scam compound for it to wreck your life. Americans lost $5.8 billion to crypto investment scams last year alone - and a raid in Sri Lanka this month shows exactly how the operations behind them keep finding new places to hide. Read more in my article on the Hot for Security blog.
Source Attribution

Originally published by Graham Cluley on May 8, 2026.

Related Threats

MEDIUMVulnerabilityNEW

Payfinia names Keith Riddle CEO

Payfinia, an independent payment services firm providing an open framework, today announced the appointment of Keith Riddle as Chief Executive Officer.

Finextra
MEDIUMVulnerabilityNEW

Ualett launches rewards package for gig workers

Ualett, the leading financial technology platform serving gig workers, announced the launch of Ualett Rewards, a new loyalty program designed to recognize and reward clients for their engagement and financial activity.

Finextra
MEDIUMVulnerabilityNEW

Taceo brings privacy to x402 payments

TACEO, the company building software for secure computation on encrypted data, today releases a working implementation of confidential payments for x402, the open payment standard developed by Coinbase and Cloudflare and now governed by the Linux Foundation.

Finextra