When John Archibald started looking into a tip about local policing, he had no idea it would eventually lead to him sharing a Pulitzer with his son.
The AL.com columnist had just returned from a journalism fellowship and was questioning the worth of opinion pieces. All he wanted to do was write straight news. The opportunity to do that came when someone suggested he look into Brookside, a tiny town just north of Birmingham, Alabama. Archibald started digging and found that half the town’s revenue came from fines and forfeitures.
Among this year’s Pulitzer winners, a father and son from Alabama
Top Stories
Texas: Chinese man arrested for ID theft; got information from driver’s licenses on the dark web and used those to get new licenses and then as basis for credit cards; got 1273 licenses; part of organized crime groupMcAfee survey in India finds that 47% have experienced scams that use AI voices or know someone who has
Europol takes down international dark web marketplace selling drugs; arrest 288; nine countries involved
UK approves major anti-fraud push; allocates £400 million; 400 new investigators; new fraud center
Los Angeles: 14 indicted for international scam that debited bank accounts for millions; claimed charges were for things like cloud-computing
Myth #3: Fraud victims are primarily older people. By Anthony Pratkanis. A 2022 report by the FTC using its Consumer Sentinel data, the most comprehensive US database for reported fraud, finds just the opposite: younger people (below the age of 60) are more likely than older adults to be victims of a fraud crime. Similar results have been obtained for over two decades in both the US and the UK.
With a nest egg of a lifetime of savings, older people do lose more money overall to fraud than younger people. And sadly, they are also targeted when they experience cognitive decline. Younger people tend to be targeted for their labor (fake job offerings; work at home schemes; multi-level marketing), in their life circumstances (romance fraud), and on social media (online shopping fraud). However, when they have savings, younger people can quickly find themselves targets for bigger losses, especially in investment fraud. A 2021 FTC study found that younger investors in cryptocurrency were over five times more likely to report losing money to cryptocurrency investment fraud than older consumers.
One problem with thinking that fraud only occurs against older victims is that it may encourage younger people to believe that it can't happen to them, and, thus, they need not pay attention to consumer education on fraud and that they can easily detect fraud (because they believe that only those who are slipping mentally are victims).
Fraud Studies: Here are links to the studies I’ve written for the Better Business Bureau: 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, free trial offer frauds, job scams, online shopping fraud, fake check fraudand crypto scams
Fraud News Around the world
- Indiana: Woman arrested for rental scam; had three people sign lease on the same home
- Nigeria: 48 arrested for internet fraud; including two ex convicts
- Florida: Six Nigerians indicted for inheritance fraud, they sent mailings to the elderly; three to be extradited from the UK and Spain
- Avast warns that scammers are attaching malware to OneNote macros in emails
- Singapore: Police investigating 359 suspected scammers and money mules
- Canada: Business directory scammer Terry Crouteau gets 30 months prison; must pay $1.2 million restitution for scamming Canadian victims; follows FTC case and US criminal prosecution several years earlier when he was hitting the US
- Nigeria: 25 arrested for internet fraud
- Commodities Futures Trading Commission settles with Ohio-based binary investment fraud; $561,000 restitution; DOJ criminal actions and SEC actions a well; scheme got $10 million
- York Regional Police in Canada charge woman with grandparent fraud
- Canada: Ottawa man charged with grandparent fraud against elderly Alberta woman
- UK: Teen from India charged with fraud; had site that sold tools allowing scammers to get into bank accounts, defeat multi-factor authentication
- New Jersey: Man gets 82 months prison for stealing credit cards from the mail, using stolen identities to use cards to buy goods online
- Nigeria arrests 19 college students for internet fraud
- India busts room that had employees getting bank account information from Australians; suspicious because ordered out dozens of breakfasts for employees at 4am
- New York: Police arrest man who arrived at house to collect money from grandparent fraud victim
- How hackers can steal your data when you charge your phone in a public place
- Canadians getting more robocalls than in the US; government impersonators and air duct cleaning top list
- Hong Kong police arrest 100 for cyberfraud in major effort
- Denver: Woman pleads guilty to PPP fraud; got $3.3 million
- North Carolina: Four more plead guilty to PPP fraud in nationwide scam
- Miami: Woman gets an additional 21 months prison for PPP fraud because she used ID theft
- Houston: Man gets three years prison for PPP fraud; got $3 million
- Louisiana: Man gets ten years prison for PPP fraud; got $1.1 million
- Hits county government in South Carolina
- Attack on cold storage giant Americold
- Hits major Australian law firm HWL Ebsworth
- Ohio: Man gets more than four years prison for stealing bitcoin; got 712 of them; DOJ to forfeit coins
- FBI and Ukraine seize nine crypto exchanges used to launder ransomware payments
- Omaha: Three (Romanians?) arrested for ATM skimming
- Los Angeles: 13 arrested for skimming EBT food stamp cards