Parascotia fuliginaria, the waved black, is a species of moth of the family Erebidae.

It is found in Europe as far east as the Ural Mountains, in Armenia and Asia Minor, and is an introduced species in North America.

flava Horm., from the Bukowina, has in the male quite pale ochreous wings, with two blackish fasciae in middle of wing and almost obsolete terminal spots; the female is pale yellowish brown, with darker dusting, especially in the basal and terminal areas; — ab.

Larva black; dorsal stripe white, swollen in places, with a black line in middle; several fine, interrupted, wavy, whitish lateral lines; tubercles large, with long hairs, those on the sides and the hind pair on each dorsal segment orange; head black, with yellow lines.

The larvae feed on various fungi, such as Fomitopsis betulina, and Trametes versicolor and also on lichens.