When hen we fight, we win. . .
Scott Sumner on Bitcoin in the government portfolio
Donald Trump Backs ‘Strategic Bitcoin Stockpile’ in Speech to Crypto Faithful Wired Kill me now. US continues its slide into third-worldism
Crypto fraud coming from Nigeria is up 1000%; deepfake fraud coming from China up 964%
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
- India suspends two telemarketing companies over 55 million fraud text messages they sent
- UK: London banking lobby urges government to pass new laws cracking down on social media fraud and requiring they reimburse victims
- UK: Camden police seize £5 million in counterfeit goods; arrest six
- Canada: Toronto police arrest seven in Interpol effort against Nigerian Black Axe crime gang
- Singapore: Police investigating 665 people for scams and acting as money mules
- Florida AG sues gang of crooked movers who raised prices after goods were loaded on trucks
- Aspen Financial Service Program forms task force on consumer fraud; includes Amazon, American Bankers, Bank of America, BBB, Meta, many others
- UK: Police arrest 17 year old for MGM Casino hacking
- Philippines arrests 17 Nigerians for romance and other frauds
- Australia gets Court to order online weather building scam to order $14.7 million in refunds
- Drugged up driver hands over meth, fentanyl, and $3000 when stopped by cops and asked for ID
- Omaha army veteran catches thief who tried to rob a jewelry store after hours
- Washington, DC: Man arrested for PPP fraud; got $3.5 million
- New Jersey: Woman pleads guilty to PPP fraud; got $3.5 million
- New Jersey: Man pleads guilty to PPP fraud as well as unemployment fraud
- Tampa: Man arrested for PPP fraud
- Scranton: Man charged with PPP fraud; got $1.5 million
- New Orleans: Man pleads guilty to PPP fraud; got $194,000
- 11 from India rescued from Myanmar scam call center
- 13 from India rescued in Laos; 518 total so far
- 14 from India rescued from Cambodia
Business Email compromise fraud
- Texas: Nigerian man pleads guilty to BEC fraud; got access to email systems and sent messages to those closing on home sales
- Jamaica: Two Nigerians arrested there from investigation of BEC fraud in Jamaica
- Two Russians, one who lived in Canada, plead guilty to Lockbit ransomware fraud
- Hits LA Superior court systems
- Oregon: Two men arrested for ATM skimming by Portland police
- Iowa: Bettendorf police arrest man (Romanian?) for ATM skimming