fraud

(epicharmus)

Former Bank Of America VP Accused Of Making $2.7M In Bogus Donations

A former Bank of America executive, along with her husband and another person, have been accused of bank fraud for their alleged involvement in an embezzlement scheme that involved making millions of dollars of fake donations in the bank’s name. [More]

André-Pierre du Plessis

Ponzi Scheme Victims Say PayPal Knew User Was A Scammer

Victims of a Ponzi scheme that raked in hundreds of millions of dollars allege that online payment system PayPal were aware of the scam operator’s past but turned a blind eye because the company was making so much money from these fraudulent transactions. [More]

Sol Es

Google, Facebook Employees Targeted In $100M Phishing Scam

When the Justice Department recently said that two major tech companies had paid out a total of $100 million to a scammer posing as a hardware manufacturer, it chose to not name the businesses that had been conned. But now, both Google and Facebook are confirming that they were the ones victimized by this phishing scheme. [More]

Secgeek06

Dentist Accused Of Medicaid Fraud, Pulling Teeth While On Hoverboard

Going to the dentist is often unpleasant enough without worrying that your doctor will perform a procedure while riding a hoverboard, but prosecutors in Alaska say one dentist not only defrauded the state out of millions, but he apparently did so while moving around on motorized wheels. [More]

Themarcogoon49

American Airlines Workers Targeted In $16.7M Hearing Aid Scheme

Thousands of American Airlines employees unknowingly became the targets of a multi-million dollar insurance fraud scheme carried out by a father-son duo who claimed to provide the airline workers with free hearing aids for simply taking a test. [More]

mroach

Man Stole $11,000 In Stuff From Home Depot, Then Returned It All For Refunds

Most practitioners of the “hot exchange” — the retail grift where a fraudster steals an item then “returns” it to the store for a refund — are happy to chisel away a criminal living, earning $50 here, $100 there. But one Texas man was thinking big when he stole — and then returned — more than $11,000 from Home Depot stores. [More]

Jeffrey

Hackers Targeting Amazon Third-Party Sellers

If you’ve seen something with a too-good-to-be-true price in the Amazon Marketplace lately, there’s probably a good reason for that. Or, rather, a bad one, as it seems some fraudsters’ new favorite trick is to hijack unsuspecting Amazon sellers’ accounts and fleece shoppers for every penny they can. [More]

Sh4rp_i

Maybe Don’t Answer Calls From These Area Codes If You Don’t Want To Be Scammed

Yesterday, in honor of National Consumer Protection Week, we highlighted four scams consumers should be aware of in order to keep their money. One way to avoid some of these telephone-based scams is to just avoid picking up the phone at all when receiving calls from certain area codes. [More]

frankieleon

4 Scams You Should Always Be Aware Of

In honor of National Consumer Protection Week — don’t worry; we forgot to get you a gift too — we wanted to take a few moments to remind everyone of some of the most common scams so that they can do their best to avoid them. [More]

Rusty Clark

19 People Indicted For Money Laundering, CEO Scams, Imaginary Car Scams

Have you ever wondered about the people who lurk behind scam emails asking for mysterious wire transfers, or who post ads for suspiciously cheap cars that never materialize after the buyer sends a payment? Today, the Department of Justice outed a few of these unscrupulous types, indicting 19 people for allegedly laundering money and perpetrating a variety of international financial scams. [More]

Krebs On Security

Here’s A Snap-On Bluetooth Skimmer Spotted Out In The Wild

Have you ever wondered how a retailer can leave a Bluetooth skimmer on a payment card terminal in its stores for weeks at a time? It’s harder to detect the devices than you might think, because crooks have their own places to shop for spare parts that snap right on a payment terminal and are hard to spot if you aren’t looking for them. [More]

Viewminder

Immigration Fraud Reports Increasing Amid Deportation Fears

Four months after New York Attorney General Eric Schneiderman and a number of immigration advocates warned of a potential increase in immigration scams following the November election and the uncertain status of many consumers, the office says it has seen an uptick in fraudsters preying on immigrants uncertain about their status.  [More]

(Consumerist Dot Com)

Two Women Charged With Filing More Than 850 Fraudulent Tax Returns Worth $2.78M

Every year you hear about identity thieves filing tax returns in other peoples’ names in order to snatch their refunds, but you may not realize what a big business this is for some crooks. Case in point: A pair of Illinois women who have pleaded guilty to filing more than 850 bogus returns worth nearly $2.8 million in refunds. [More]

(https://www.flickr.com/photos/143601516@N03/29402709463)

Feds Ask Victims Of Nigerian Internet Scam To Step Forward

Did the “love of your life” scam thousand of dollars from you? Did someone promise that you could make the big bucks working from home? If you answered yes to one of these schemes, federal regulators may be looking for you following the conviction of three Nigerian nationals who allegedly scammed thousands of consumers with internet-based financial fraud schemes. [More]

(frankieleon)

My Identity Was Stolen, Then TransUnion Let The Fraudster Unfreeze My Accounts

One of the smart things to do when your identity has been stolen is to contact the three major credit reporting agencies — TransUnion, Equifax, and Experian — to discuss placing a temporary fraud alert and credit freeze on your accounts. But as one Consumerist reader found out, all it takes to remove those restrictions is the same information that any good ID thief already knows about you. [More]

Spinal Tap Reunites… To Take Movie Distributor To Court Over $400M

Spinal Tap Reunites… To Take Movie Distributor To Court Over $400M

The three core members of legendary fictional heavy metal band Spin̈al Tap have reunited, not for a new album, movie, or tour, but to sue a film distributor for $400 million. [More]

SAB0TEUR

Odds Against Tom Brady’s Stolen Super Bowl Jersey Ending Up On eBay

There are a few things that shouldn’t need to be said, and yet, someone ends up saying it anyway. Like, “Resistance is futile,” “One does not simply walk into Mordor,” or, “You won’t get away with selling Tom Brady’s missing Super Bowl jersey on eBay.” [More]