Today is the fifth day of the civil trial between Craig Wright, chief scientist of crypto research firm nChain, and the estate of Dave Kleiman, Wright’s collaborator and business partner in the early days of Bitcoin. For newcomers to crypto, the name Craig Wright might not mean much, and fair enough: He is a largely discredited figure at the very margins of the industry, most likely these days to surface in as an object of bemusementIn Craig Wright Trial, Plaintiffs Lay Out Pattern of Fraud, Deceit and Hubris
Craig Wright claims he’s received keys to ‘Satoshi’ Bitcoin stash worth $8.6B
The home and offices of the mysterious person believed to be the founder of Bitcoin have been raided by Australian police.
Nearly a dozen police officers were spotted entering the Sydney home belonging to 44-year-old Craig Steven Wright on Wednesday, The Guardian reported.
"Suspected foreign hackers have breached nine organizations in the defense, energy, health care, technology and education sectors," reports CNN, citing their exclusive glimpse at findings from security firm Palo Alto Networks
CNN: Foreign Hackers Breached Nine Organizations to Steal 'Key Data' from 'Sensitive Targets'
The DarkSide ransomware gang spent a year or so as one of the most prolific groups in a very crowded field of criminal hackers, culminating in an attack on the Colonial Pipeline that caused a temporary gas shortage along the East Coast. They went dark not long after that, presumably because of all the attention, but likely reemerged as a group that called themselves BlackMatter not long after. Now, the US State Department has offered a reward of up to $10 million for anyone who has information that will help them identify or locate DarkSide leadership, as well as up to $5 million for tips that lead to the arrest or conviction of DarkSide affiliates. There's no easy answer for ransomware, but putting pressure on its most high-profile perpetrators is at least a start.
The US Puts a $10M Bounty on DarkSide Ransomware Hackers
LAW ENFORCEMENT USE of surveillance drones has proliferated across the United States in recent years, sparking backlash from privacy advocates. But newly leaked aerial surveillance footage from the Dallas Police Department in Texas and what appears to be Georgia's State Patrol underscore the breadth and sophistication of footage captured by another type of aerial police vehicle: helicopters.
The transparency activist group Distributed Denial of Secrets, or DDoSecrets, posted a 1.8-terabyte trove of police helicopter footage to its website on Friday. DDoSecrets cofounder Emma Best says that her group doesn’t know the identity of the source who shared the data and that no affiliation or motivation for leaking the files was given. The source simply said that the two police departments were storing the data in unsecured cloud infrastructure.
1.8 TB of Police Helicopter Surveillance Footage Leaks Online
Europol announces concentrated effort against 12 major ransomware scammers; actions in Ukraine and Switzerland
FTC issues new policy statement on free trial offers/subscription traps that spells out needed disclosures; Statement itself here;
One Commissoner dissents because of pending rulemaking on this subject
National Consumers League warns scammers are expected to take advantage of supply chain issues to scam victims over the Christmas holidays
Article by DOJ on how they address money mules issues
Thought of the week: Now that scammers have earned millions (maybe billions) from applying online for unemployment benefits they are very likely to replicate that by using ID theft to steal other kinds of government benefits. See the article on Calgary police arresting scammers who applied for student loans online using stolen identities.
BBB Studies. Here are links to the study topics: puppy fraud, romance fraud; BEC fraud, sweepstakes/lottery fraud, tech support fraud, romance fraud money mules, crooked movers, government imposters, online vehicle sale scams, rental fraud, gift cards and job scams.
Coronavirus
- Scammers are contacting people and using claims of selling vaccine cards to do identity theft
- Maryland man (Nigerian?) pleads guilty to vaccine scam; handled money for web site claiming to sell vaccines
Fraud News Around the world
- BBB St Louis issues report on extended car warranty companies
- Hong Kong police arrest 32 who allowed scammers to use their bank accounts to launder money
- UK: 1 million households may have received unordered goods from Amazon in Chinese “brushing” scam; scammers use this to rank higher in Amazon search results
- EFCC in Nigeria arrests 26 for internet fraud
- India busts call center, arrest five, in tech support fraud targeting the US
- Nigerian paper interviews Yahoo boys on how they get rich
- San Diego: Man gets probation, fine, for counterfeit postage of $5 million
- Indiana AG files suit against gateway carrier handling robocalls from India, Singapore, and the Philippines
- Police in Calgary arrest man for ID theft in applying for student loans in names of others; second person sought
Humor
- Man attends Zoom court hearing over suspended license - while driving
- Man in Italy on home arrest asks to be taken into custody because he doesn’t want to be home with his wife
- Man claims he wasn’t driving drunk because he says his 4 year old son was behind the wheel
FTC and CFPB
- FTC sues company over claims of Covid protection from nasal spray; agency uses new Covid-19 prevention act to seek civil penalties
- CFPB fills two key staff posts for supervision and enforcement
- FTC sends $60 million in checks to Amazon flex drivers from settlement over Amazon keeping money from tips
- CFPB releases study showing credit report errors more common in minority areas and for those with low credit scores
- FTC wins partial summary judgment in case against MyLife over claims could remove data from online profiles
Virus Benefit Theft
- Florida duct-cleaning company settles civil case with DOJ over false claims to get PPP loan
- Ohio finds fraud in unemployment system caused losses of $475 million
- Rhode Island: Six indicted for virus unemployment fraud
- Illinois man indicted for PPP fraud
- Indiana: Prison for two women that aided Nigerians in unemployment scam by handling stolen funds
- Louisiana: Man indicted for PPP fraud; got $1.1 million
- Las Vegas woman gets over four years prison for using ID theft to get unemployment benefits in other’s names; took in $250,000
Social media
- ID Theft Resource center sees huge increase in account takeovers at Instagram
- Facebook ducks UK questions on how much it makes running ads for shady investments
Business Email compromise fraud
- Massachusetts: Man convicted of BEC scam; gets 52 months prison
- Georgia: Two Nigerians charged with assisting scams; sent phishing emails to consumers to get their log-in information; that was then used for BEC scams
Ransomware
- Attack on New Guinea finance office; country loses access to hundreds of millions
- Hits National Rifle Association
- Russian man extradited to the US; charged with running ransomware group that used a banking trojan
- Attack on Toronto Transit Commission; takes down communications, email
- FBI warns that scammers are targeting companies that are planning mergers or other time sensitive financial events
- Hits Las Vegas Cancer Center
IRS and tax frauds
ATM skimming
- Miami: eight arrested for theft of gasoline using stolen ATM’s and credit cards
- Massachusetts: Bulgarian man gets 19 months prison for ATM skimming
Romance Fraud and Sextortion
- Philippines arrests two Nigerians for romance fraud
- Crypto currency frauds exploit romance scam victims
- St. Louis woman, 81, who was romance scam victim pleads guilty; kept working as a money mule after being warned by enforcers