Malaysia: Police say that in the last nine months they are arrested over 1000 scammers from fraud call centers, raided 148 locations
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
- Singapore: 479 detained for acting as money mules for romance, investment, and other frauds
- UK Financial Conduct Authority releases study looking at ways to help prevent money mules
- FBI warns the scammers are focusing on plastic surgeons to get data and extort patients
- Spain: Police bust internet scam gang that was stealing personal information from organizations; 34 arrested
- Identity Theft Resource Center issues survey of cyber attacks on small businesses; concludes that are they are way up; 20% had a data breach in the last year
- Singapore: 43 months jail for man who ran home rental scam with at least 68 people in 12 countries; continued while on bail
- China: Man gets three years prison after Amazon and Prada made a criminal referral over counterfeiting products
- Crooks steal 2 million dimes from truck driving from Philadelphia mint; weighed six tons
- Man arrested after faking 20 heart attacks to avoid paying restaurant bills
- FTC issues two reports to Congress; one on the use of Safe Web Act that lets the FTC subpoena and share information with law enforcers other countries; second on ransomware
- FTC and State of Wisconsin sue large auto dealer for adding undisclosed fees and discriminating against American Indians; to pay $1.1 million
- FTC sues four for making claims to have an “invisible mask” to prevent Covid; company kept making claims after being warned
- AARP podcast on voice cloning and grandparent frauds
- How much of AI is now being used by scammers? Maybe not so much
- Florida: Former state legislator gets 4 months prison for PPP fraud
- New York: Man gets 25 years prison for ID theft and PPP fraud; had already been sentenced to prison for a prior fraud scheme; got $10 million
- Florida: Man gets two years in prison for PPP fraud
- Kansas City: Six indicted for PPP fraud; got $240,000
- Thailand seeks to repatriate 120 Thais who had been forced to scam in Myanmar call center near Chinese border
- Despite crackdowns, fraud call centers in SE Asia continue; operated by Chinese gangs
- Shuts down Register of Deeds for two counties in North Carolina
- Attack shuts down systems of American Family Insurance
- Hits Pennsylvania school district
- Data breach follows attack on French basketball team
- One quarter of Americans have had their health data hacked this year
- St Louis University suffers months long data breach
- California: New law limits transfers from bitcoin ATM’s to $1000
- India: Over 1000 police in India lose money to crypto Ponzi scheme where losses were $240 million
- Atomic Wallet hacked, manages to freezes $2 million of stolen money held in crypto exchanges
- New Hampshire: Money mule who had been warned pleads guilty to handling romance scam funds; moved more than $1 million
- Utah: Woman (Nigerian?) convicted of romance scam by jury; more than $6 million lost by victims; money went to Nigeria and China
- India: Man commits suicide after becoming victim of extortion scam with nude videos of him