We blog because even on working shortest days of the year we have something to share, say and link … Sometimes the shortest day lasts 7 hours 14 minutes and 21 seconds
The biggest key to success for any criminal fraud ring is its ability to exploit weaknesses in identity protection. Fraud rings thrive by cultivating personas that can find their way around traditional fraud defenses of businesses and create multiple false identities within the ring that will max out the amount of acquirable credit. They then vanish into the ether. With this level of coordination, opportunities for fraud rings to do their nefarious deeds are high. Still, there are ways for businesses to fight back.
Fraud rings: Detecting and defeating cybercriminal networks
As government agencies emerge from the global pandemic, they set their sights on recovering some of the billions of dollars lost to fraud during that time
How much money was lost to fraud committed in connection with the COVID-19 pandemic? While the totals continue to fluctuate depending on the source, the official word from the US Labor Department’s Inspector General is a staggering $163 billion — money taken from pandemic relief programs set up to help businesses and people who lost their jobs get back on their feet.
Meeting fraudsters on the battlefield: The impact of fraud after the pandemic
While Elites Fret About Inflation and Worker Wages, CEOs Are Robbing Us Blind Jacobin
No House for You, Kid Los Angeles Review of Books
Dire Straits New York Review of Books
ATO Excited To See How Multinational Gas Companies Claim To Be Running at a loss this year
ATO’s First Wave Of Tax Returns Highlighted By A Sharp Increase Of Fresh Tatts In Newsfeed
Some 2,000 cyber crime operatives, fraudsters and money launderers have been arrested, with 4,000 bank accounts frozen and $50m (£41.5m) of illicit funds seized in a two-month, worldwide operation against cyber fraud, coordinated by Interpol.
Operation First Light, which began in March 2022, saw law enforcement bodies in 76 different countries collaborate with the international agency, conducting more than 1,700 raids and identifying more than 3,000 suspects, in many cases triggering new investigative leads that will pay off in the future.
The operation’s targets included telephone scammers, long-distance romance scammers, email fraudsters and other connected financial criminals, identified through a prior intelligence operation using Interpol’s secure global comms network, sharing data on suspects, suspicious bank accounts, unlawful transactions, and communications means such as phone numbers, email addresses, fake websites and IP addresses.
Interpol arrests thousands in global cyber fraud crackdown
The Navy has fired a dozen leaders but won’t explain why NBC
Gizmodo: “Last night [June 9, 2022], almost every major TV network devoted three hours to a congressional hearing by the January 6th Committee, which is investigating the attempted coup by Donald Trump and his supporters after the former president lost the election in 2020. But if you missed the broadcast, there’s only one video you need to watch. Because it’s the video everyone is talking about. You’ve obviously seen scattered clips here and there of the violence perpetrated by neo-fascist supporters of Trump on January 6, 2021.
But no one has properly edited a video that sums up the entire sequence of events in a succinct manner that’s easy to understand. Until now, that is. The video is just 10 minutes long, but lays out the sequence of events on January 6th, from Trump’s rally in front of the White House and the moment he told his followers to march to the U.S. Capitol, to the violence that unfolded in a plot to overthrow the government. The Capitol building was, of course, where they were counting the votes to certify the 2020 election. And Trump knew exactly what he was doing by whipping up his supporters into a frenzy and then telling them to march down to where they were counting votes.
Once Trump’s followers get to the Capitol, all hell breaks lose. And by the time they make their way into the building—first beating police and then smashing windows—it’s clear that they’re ready to murder any elected leader in their way, Republican or Democrat. In fact, we see footage from inside Rep. Kevin McCarthy’s office, where his staff is seen fleeing in terror. And then there are the chants—about both Vice President Mike Pence, tasked with certifying the election, and about Democratic Speaker Rep. Nancy Pelosi, a stock-standard villain to the Fox News crowd…”
Craig Newmark asked me: What did the press learn from 2016? Here are my replies.
