The Financial Crime Enforcement Network (FCEN) is raising public awareness about a rapidly growing scam known as “Pig Butchering” — a sophisticated and emotionally manipulative form of fraud that has caused billions in losses worldwide. If you’ve been approached by someone who seems too good to be true — especially online or through social media ...

Romance scams, also known as love scams, are a growing threat in today’s digital world, targeting emotionally vulnerable individuals through online platforms. The Financial Crime Enforcement Network (FCEN) is committed to helping victims identify these scams early — and recover lost funds when it’s not too late. What Is a Romance Scam? A romance scam ...

As the popularity of digital currencies continues to soar, so does the rise in criminal activity surrounding them. The Financial Crime Enforcement Network (FCEN) is sounding the alarm on a significant increase in cryptocurrency scams across Europe and Asia, with victims losing millions to fraudulent investment schemes, fake exchanges, and online impersonation. A Global Surge ...

As financial fraud continues to evolve, many individuals and businesses feel powerless when targeted by scams. But there’s good news: you are not alone — and help is just a click away. At the Financial Crime Enforcement Network (FCEN), we specialize in protecting people from fraud and helping victims recover what they’ve lost. Whether it’s ...

In a bold move to protect global businesses and financial institutions from rising cybercrime, the United States and the European Union have officially signed an agreement to form a Joint Task Force Against Business Email Compromise (BEC) — a landmark step in the fight against one of the world’s most costly digital threats. The announcement, ...

In the ever-evolving world of digital fraud, knowledge is power — and now, that power is right at your fingertips. The Financial Crime Enforcement Network (FCEN) is proud to announce the launch of a comprehensive resource center on its official website, efincengovs.com. This platform offers free, downloadable materials to help individuals, businesses, and organizations stay ...

As financial fraud continues to evolve in complexity and scale, governments and security experts are turning to a centuries-old but now high-tech solution: fingerprint biometrics. At the Financial Crime Enforcement Network (FCEN), fingerprint authentication is proving to be a critical tool in securing digital identities, verifying transactions, and preventing scammers from impersonating individuals or accessing ...

In a sobering reminder of the rising threat of cyber-enabled financial crime, international manufacturing giant Orion has revealed that it recently lost $60 million USD in a Business Email Compromise (BEC) scam — one of the largest known losses to date involving a single employee. The scam, which targeted a non-executive staff member in the ...

Fraud today doesn’t always come in the form of obvious scams — it often hides behind fake contracts, forged IDs, falsified bank statements, and doctored legal documents. At the Financial Crime Enforcement Network (FCEN), we specialize in real-time document fraud detection — helping individuals and businesses spot red flags before it’s too late and recover ...