Conspiracy theories aren’t on the rise – we need to stop panicking
Via LLRX – Conspiracy theories aren’t on the rise – we need to stop panicking – Several polls in the past couple of years (including from Ipsos, YouGov and most recently Savanta on behalf of Kings College Policy Institute and the BBC) have been examining the kinds of conspiratorial beliefs people have. The findings have led to a lot of concern and discussion. There are several revealing aspects of these polls. Magda Osman, Principal Research Associate in Basic and Applied Decision Making, Cambridge Judge Business School, is interested in what claims are considered conspiratorial and how these are phrased. But she is also interested in the widespread belief that conspiracy theories are apparently on the rise, thanks to the internet and social media. Is this true and how concerned should we really be about conspiracy theories?
Top Stories
New York: Jury convicts Canadian man behind tens of millions of mailings claiming to be from psychics, including Mara Duvall; collected $175 million from elderly victims; defendant was extradited from Spain
FCC fines robocall operation $5 million over political robocalls; first time this has been done; political calls have generally been exempt
India: FBI, Delhi police, and Interpol bust room in India calling and impersonating the IRS and Drug Enforcement Agency (DEA); claim victim responsible for child porn, and requiring victims pay a fine; 6 arrested, including Canadian; group took in $20 million from the US; group also had rooms in Uganda
Want to see Taylor Swift? BBB warns that it got 21,000 complaints about ticket fraud last year, a big increase. Be VERY careful about where you buy tickets
Myth #9: You can’t cheat an honest man (or woman). By Anthony Pratkanis
Honest human beings are frequently cheated. The old bank examiner scam relies on victims’ honesty and helpfulness as they are asked to withdraw money to catch a crooked bank teller. Charity fraud takes advantage of our better nature to honestly help others. Grandparent and ransomware schemes raise victims’ fears, putting them into an urgent situation that they must honestly deal with. Consumer fraud – pet scams, check fraud, tech support scams, fake rentals, online shopping fraud – occurs in an ostensibly routine transaction normally grounded in honesty and trust. Government impostors who dispatch fake bills depend on the honesty of the victim to pay that bill. Business email compromise counts on the employee responding honestly to the request. As we saw in Myth #5, it wasn’t dishonest greed but honest desperation that served as a more common basis for investment fraud victimization. In 1849, Samuel Thompson asked strangers to place confidence in him by lending money or a watch and, thus, the term confidence man was coined in this original con crime.
The cheating motto was touted by the likes of George Devol, Frank Tarbeaux, and Yellow Kid Weil and was popularized in a film in which W. C. Fields cheats everyone, the honest included. The cheater accusation serves criminals who use it to justify their crimes (it’s okay – victims cheat too) and as a blow-off (the victim is made to feel at fault and is thus less likely to complain).
Glibly, repeating this false saw harms victims who must deal, not just with the crime, but with being labelled as “dishonest.” Fraud crimes are not about victim deficits and so-called mindsets but about the manipulation and deceit of the criminal who is looking for any advantage to steal our money.
All myths collected here
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
- UK House of Lords releases report on consumer fraud and fraud centre
- Nigeria: 258 Yahoo boys arrested for internet fraud; 257 convicted, but often courts impose fines that may not deter
- Florida passes law limiting private suits under State telemarketing law
- AARP warns of dramatic increase in text messages claiming problems with a package delivery
- UK warns of scams on Meta’s WhatApp pretend to be from children claiming dire need for money; up 300% this year
- Hackers take over Facebook page of New York animal rescue group and use it for puppy scams
- Researchers find thousands of fake web sites for popular brands such as North Face; they appear at the top of search engine results; take orders and deliver counterfeits or nothing at all; get your credit card info; 3000 to 6000 fake domains registered
- AT& warns scammers are now calling claiming you won a prize; must enter a one time PIN; they can then get access to your bank account; iPhones and Androids involved
- BBC: France targeting social media influencers involved with crypto investments and other scams
- Pennsylvania warns that scammers are sending emails pretending to be PA Treasury Department
- Nigeria: EFCC arrests 51 for internet fraud
- New WhatApp feature flags spam calls; may end grandparent scam contacts
- Philippines: Customs seizes 2.2 million pairs of counterfeit Nikes and other shoes
- Pennsylvania AG shuts down Florida company that was contacting small businesses, impersonating State employees, and charge for “certificates of good standing.”
- UK: 21 million dodgy emails sent to government reporting site; results in 235,000 web sites being taken down
Humor
- Tulsa gas station employee calls friends and asks for someone to rob store so he can go home early
- Arizona man arrested after he steals razor scooter and worked to assemble it in front of the store
FTC and CFPB
- 11th Circuit upholds dismissal of defendants as a sanction against the CFPB for obstructionist conduct in depositions
- FTC Chair Lina Khan refused to recuse herself from Meta despite advice of agency ethics head
- FTC sues Amazon over Prime subscriptions; claims trick people into subscribing and making it hard to cancel
Virus Benefit Theft
- Georgia: Man gets another two ½ years prison for PPP and EIDL fraud; was out on probation after prison for drug charges; got $50,000
- Georgia: Former prison guard gets five months jail for PPP fraud; got $46,000
Kidnapping and forced to scam
Business Email compromise fraud
Ransomware
- New Jersey: Russian man charged with ransomware scam operating around the world; conspiracy charges; got tens of millions
- Attack on Shell Oil company
- Ransomware gang releases documents stolen from army in Chile
- Clop ransomware hits US Department of energy, other agencies; state governments as well
- US government offers $10 million reward for info linking CLOP ransomware to a foreign government
- Russian ransomware operation used MOVEIT file transfer to hit many companies, government agencies
- Hits Iowa’s largest school district in Des Moines
- Attacks Hawaii Community College
Bitcoin and cryptocurrency
- SEC gets emergency court relief against Binance; must bring all assets to the US; controls how they can be used
- Binance takes action against Binance Nigeria, which has no relation to them
- Founder of Terraform Labs nabbed in Montengro; gets four months jail; still wanted in the US
Jamaica and Lottery Fraud
- India: Two Nigerians arrested for fraud claiming victim had won a prize
- Jamaica: Four, including teen girl, fined or imprisoned for lottery fraud
Romance Fraud and Sextortion
- Exchange students in West Virginia who were from Nigeria and Ghana were coerced into running large romance scam; 70 year old money mule working for them prosecuted and got jail; podcast
- Boston: Jury finds two Nigerian men guilty of romance fraud and theft of unemployment benefits
- Oakland: Man charged with laundering $800,000 from romance scams