Business

Four days to make victims fall in love: How global scammers use US tech to fleece people

Tuesday, June 30 by SRN News

The instructions were clear: He had four days to make each victim fall in love. And there were a lot of victims. Online, Safeer Mohammed Koorimannil, who was trafficked to a scam center in Myanmar, impersonated a 28-year-old Singaporean woman named Ella. On a... Read More.

Takeaways from AP/’FRONTLINE’ investigation into how US tech is abused for global scams

Tuesday, June 30 by SRN News

American technology and American companies are being used to power a revolution in the cyberscam industry, playing key roles in the industrialization and globalization of fraud in ways that have not been clear until now, an AP/"FRONTLINE" investigation has found. Most public scrutiny of... Read More.

Asian shares mostly higher tracking Wall Street gains and oil stabilizes

Tuesday, June 30 by SRN News

HONG KONG (AP) - Asian shares were mostly higher on Tuesday tracking Wall Street gains, with South Korea's stock market rebounding after sharp losses on a tech sell-off. Oil prices stabilized after the U.S. and Iran said separately they would send delegations to Qatar, although... Read More.

PHOTO ESSAY: Two victims on opposite sides of the global scam industry seek to rebuild their lives

Tuesday, June 30 by SRN News

One thought he was getting to know "Eliza" and was robbed of his life savings. The other was trafficked to a scam compound, beaten and forced to become "Ella" online. Separated by thousands of miles, Chris Colocousis and Safeer Mohammed Koorimannil inhabited opposite sides... Read More.

Methodology for AP/’FRONTLINE’ investigation into how US tech is abused for global scams

Tuesday, June 30 by SRN News

The AP/"FRONTLINE" investigation was based on tens of thousands of leaked scam center files, videos and photos; an analysis with C4ADS of misuse of artificial intelligence at scam centers; an examination of more than 200,000 connections made by devices at four scam compounds in... Read More.

Trump nominates acting Labor Secretary Keith Sonderling to be agency’s permanent chief

Monday, June 29 by SRN News

WASHINGTON (AP) - President Donald Trump said Monday he will nominate Keith Sonderling to be the secretary of labor, elevating him from the agency's acting director two months after Lori Chavez-DeRemer resigned amid abuse-of-power allegations. Sonderling, a lawyer who has held a variety of... Read More.

US retailers frontload China orders for holiday season, shipping firms say

Monday, June 29 by SRN News

By Ellen Zhang and Marius Zaharia June 30 (Reuters) - U.S. retailers have brought forward orders from China by four-to-six weeks to secure their inventories for Black Friday and Christmas holiday sales before expected tariff hikes later this year, shipping executives said. U.S. President Donald Trump's... Read More.

Asian stocks set for record-breaking quarter; dollar sinks gold and yen

Monday, June 29 by SRN News

By Tom Westbrook SINGAPORE, June 30 (Reuters) - Asian stocks wobbled toward the end of a sparkling quarter on Tuesday, while a resurgent dollar pushed the yen to a four-decade low and was headed for a fourth straight quarterly rise. Japan's Nikkei, which was steady in... Read More.

Oil falls as investors focus on potential Iran-US talks in Doha

Monday, June 29 by SRN News

June 30 (Reuters) - Oil prices dropped on Tuesday, with investors eyeing the outcome of potential U.S.-Iran talks in Doha amid weekend missile fire from both sides that tested an interim ceasefire to end the four-month-old war. Brent August crude futures, which expire on Tuesday,... Read More.

Yen hits 40-year low as clock ticks on intervention

Monday, June 29 by SRN News

By Ankur Banerjee SINGAPORE, June 30 (Reuters) - The yen was pinned at levels not seen since 1986 on Tuesday, stoking worries that a direct intervention from Tokyo was around the corner, while the dollar backed away from 13-month highs ahead of jobs data that... Read More.

Current Weather

Four days to make victims fall in love: How global scammers use US tech to fleece people

Takeaways from AP/’FRONTLINE’ investigation into how US tech is abused for global scams

Asian shares mostly higher tracking Wall Street gains and oil stabilizes

PHOTO ESSAY: Two victims on opposite sides of the global scam industry seek to rebuild their lives

Methodology for AP/’FRONTLINE’ investigation into how US tech is abused for global scams

Trump nominates acting Labor Secretary Keith Sonderling to be agency’s permanent chief

US retailers frontload China orders for holiday season, shipping firms say

Asian stocks set for record-breaking quarter; dollar sinks gold and yen

Oil falls as investors focus on potential Iran-US talks in Doha

Yen hits 40-year low as clock ticks on intervention

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