You could be betting on your favorite college team or trying to get tickets to a game. But before you spend or click a link, you need to hear this March Madness scam alert.

The issue seems to be on the rise as this month, officials have issued warnings about the scams in Indiana, Maryland and Michigan.

The arrest of board member Yih-Shyan “Wally” Liaw—who previously resigned following an accounting scandal in 2018—led an after-hours trading drop of 12% in the Nvidia-linked server manufacturer's ...