• Beware the Latest Cyber Scams: Exposing Student Loan Forgiveness Fraud, Crypto Swindles, and Remote Access Attacks

  • May 7 2025
  • Durée: 3 min
  • Podcast

Beware the Latest Cyber Scams: Exposing Student Loan Forgiveness Fraud, Crypto Swindles, and Remote Access Attacks

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  • Résumé

  • Hey, it’s Scotty here—your digital watchdog, code whisperer, and con-noisseur of all things scam-related. Let’s dive straight in, because the cyber swindlers have been working overtime this week—and some of them just got caught red-handed.

    Okay, so first up—did you hear about the massive student loan forgiveness scam that finally got shut down? The FTC dropped the hammer last Friday on a ring of fraudsters pretending to be the Department of Education. These slick operators had been texting and emailing unsuspecting borrowers with messages like “Your loan forgiveness is ready—click here.” And people did click. Some lost thousands. One of the alleged ringleaders, a guy named Marcus Salazar, got cuffed in Los Angeles. Turns out, the whole operation was raking in over $4 million before the feds stepped in. Public service loan forgiveness? More like public service exploitation.

    Then there's the mess in Brooklyn with “CryptoQueen 2.0”—not her real name, that's what people online are calling her. Her real name is Arya Nejat, and she was arrested this past Monday after allegedly scamming investors out of $27 million in a fake crypto hedge fund called LucentBlock. She promised 300% returns—because, you know, three times your money in a bear market sounds totally legit. Investors only realized something was wrong when LucentBlock’s website redirected to a cat meme for two straight days. I mean, if that’s not a red flag, what is?

    And just this morning, over in the UK, London police arrested two men linked to a massive “remote access tool” scam where victims were tricked into installing fake software that gave scammers full control of their PCs. From there, they drained bank accounts, accessed crypto wallets, even read grandma’s texts. They were using a tool called NetSpyElite, which, ironically, was advertised as a way to “protect families online.” Well, now families are short a few thousand pounds.

    So what can you do to avoid getting played? Simple rules, smart results: First, the government will never call, email, or text you asking for personal info or up-front payment—so if someone says they’re from the Department of Education or IRS, and they need your bank logins, that’s a scam. Hang up and report it.

    Second, if someone offers you guaranteed returns—especially on crypto—just walk away. Because in finance, just like in tech, there’s no such thing as guaranteed anything… except maybe updates you didn’t ask for.

    And finally, never install software you didn’t seek out yourself. If someone says you need to “verify your system” with a download? That’s cyber-speak for “give me your life.”

    Alright, that’s your scam briefing, fresh as of May 7, 2025. I’ll be back soon with more digital deceptions to watch out for. Until then, double-check those emails, triple-check those links, and never forget: in the world of scams, if it feels off, it probably is. Stay sharp. Scotty out.
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