AT&T says personal data from 73 million accounts leaked on dark web Business Standard
Biden administration announces “strike force on unfair and illegal” prices to be headed by FTC and DOJ antitrust division; to focus on prices of drugs, housing, food, and financial services
DOJ indicts seven hackers from the Chinese government; targeted journalists, politicians and companies perceived as critics of Chin
Crypto romance ALERT. We really need to increase education on this one. I think it is now the most common fraud in the world. Losses to this fraud last year were more than those from all frauds together just four or five years ago. IC3 reported $4 billion lost to romance fraud; it had total losses for all frauds of $3.5 billion in 2019.
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 fraud and crypto scams
Fraud News Around the world
- UK: Being a fraud victim affects mental health
- Singapore: 31 money mules arrested; worked for romance frauds, Chinese government impersonators, phishing scams with malware, and rental frauds
- What to do if your computer is locked up by a pop up from a tech support fraud
- Spain and Romania arrest nine in effort against gang that advertised on line with vacation rental homes not really available
- Nigeria: Prison for 25 convicted of internet crimes
- Ireland announces that Black Axe leader there is a major target
- How scammers use SIM swapping to take over your phone
- Queens, New York: Police arrest head of operation selling counterfeit auto parts on eBay
- Visa releases quarterly threat report, cover crypto romance scams, inheritance frauds, humanitarian relief frauds
- NYT: Mexican drug cartels are now calling US seniors offering to “buy” their Mexican timeshares
- Malaysia: Since January 80 have been arrested for acting as money mules for phone scams
- Virginia: Three arrested for robbing letter carriers for keys to mail collection boxes; involved in fake checks, bank fraud
- UK: Which? urges action against fake bank websites; finds 2000 sites
- New Orleans: Woman arrested for sales of counterfeit luxury goods
- San Diego: Man gets 51 months prison for sales of counterfeit Apple products, his brothers previously sentenced; got $6.1 million; products from China
- FTC sends $10 million in refunds to victims of house flipping investment training scam
- FTC sends letter to the multi-level market industry taking issue with the way it asserts that income claims can be made
- Tennessee: Nigerian man gets two years prison for EIDL fraud involving ID theft; must repay $100,000
- Toledo: Man gets two years prison for PPP fraud; must repay $4.2 million
- New York: Former transit worker and officer of NY courts each get 18 months prison for PPP fraud; got $770,000
- Michigan: Man gets more than 11 years prison for PPP fraud; must repay $3.8 million
- Las Vegas: Man gets 30 months prison for PPP fraud; got $600,000
- Florida: Woman charged with PPP fraud; got $19,000
- Rochester: Woman pleads guilty to ID theft to get unemployment benefits; also for bogus tax returns seeking refunds
- Denver: Man indicted for PPP fraud; got $300,000
- You tube video on large crypto romance scam operation in Dubai employing hundreds or thousands
- Chinese fraud gangs are moving massive call centers in Myanmar to rebel-controlled areas
- State of Florida arrests man for BEC fraud
- US State Department warns scammers are impersonating employees and asking to redirect pay to a different bank account the scammers control