Wednesday, August 28, 2024

Australia releases new edition of book of scams; simple explanations of common frauds

Australia releases new edition of book of scams; simple explanations of common frauds



Maryland: Police arrest man who told victim that needed to provide gold to protect savings; not clear how he was caught or exactly what scam was involved; county says a dozen people have recently lost money in gold in scams


Kansas: Bank CEO who looted bank of $47.1 million as crypto romance victim gets nearly 25 years prison; bank failed
 
Canada: Ottawa police warn of uptick in scams claiming to be from victim services; tell people they are ID theft victims and must transfer all their money to a “safe” account
 
There are no “Safe” Accounts:  A wide variety of scams, particularly those that impersonate law enforcement and banks, are claiming that your money is at risk of being stolen by bad actors or seized by a government and that you need to transfer your money to an account where it will be protected.  There is no such thing! Please warn people that anyone that wants you to turn over your money is a CROOK.


            Hot and windy August

Fraud Studies: Here are links to the studies I’ve written for the Better Business Bureau: puppy fraudromance fraud; BEC fraudsweepstakes/lottery fraud,  tech support fraudromance fraud money mulescrooked movers, government impostersonline vehicle sale scamsrental fraud, gift cards,  free trial offer frauds,  job scams,  online shopping fraud,  fake check fraud and crypto scams
 
Fraud News Around the world
Philadelphia: Montreal man gets ten years prison for telemarketing operation that claimed to be selling fraud protection and discount drug services and debited bank accounts of victims; took in at least $7 million; claimed affiliations with banks, insurance companies, governments
Singapore: In joint Interpol, Singapore and Hong Kong effort, 8 arrested for laundering money from tech support fraud
Australia releases new edition of book of scams; simple explanations of common frauds
Virginia: Jury convicts man of stealing mail from boxes as well as from a truck
Tennessee: Missouri woman arrested for attempted theft of Graceland; falsely claimed it was Nigerian scammers
Singapore: Police freeze 300 bank accounts on suspicion of being used by money mules; $1.8 million seized
Spain takes down fake pet scam network, arrest 7
Humor FTC and CFPBArtificial Intelligence and deep fake fraudVirus Benefit Theft IRS and tax fraudRansomware and data breachesATM SkimmingRomance Fraud and Sextortion