So,
so you think you can tell Heaven from Hell, blue skies from pain Can you tell a green field from a cold steel rail? A smile from a veil? Do you think you can tell? Did they get you to trade your heroes for ghosts? Hot ashes for trees? Hot air for a cool breeze? Cold comfort for change? Did you exchange A walk-on part in the war for a lead role in a cage? How I wish, how I wish you were here We're just two lost souls swimming in a fishbowl, year after year Running over the same old ground What have we found? The same old fears Wish you were hereThis way cafe - Museum of Sydney
Film Review: How the CIA Threatens and Terrorizes Children — “A Vaccine Against the Pandemic of Lies” —
There are no “safe” accounts. No one is asking
for your money to protect it. Over the last several years more and more
consumers have been told that their accounts are at risk. This seems to
have begun with scammers calling and claiming to be with Social Security, and
then transferring them to a supposed federal agent who told them that they were
going to be arrested and their accounts would be frozen unless they transferred
their money to the government to “protect it” temporarily before it was
returned. This is described in some detail in my study of government imposter frauds. There
are, now, many variations of this scam. Sometimes they claim to be with a bank
and say there is ID theft. But the common thread is that you need to give
your money to someone trustworthy to protect it. No one legitimate will
ever do this. I believe that this scam stems from India.
Digital arrest scams sweep India
India arrests 8 for “digital arrest” scams
New study shows Chat GPT can be used to do voice-based
frauds; And Anthony Pratkanis says: The ChatGPT article is by
computer scientists testing if the latest edition can be used to execute
fraud; it is supposed to have safeguards to prevent its use in
crime. The researchers simulated being a victim while the LLM did the
fraud -- mostly on the back end of moving money around. The key finding
is that ChatGPT wasn't useful for bank transfers and impersonating IRS
agents. However, credential theft from Gmail succeeded) 60% of the time,
while crypto transfers and credential theft from Instagram only worked 40% of
the time. This sort of test is important to see if OpenAI and their
products are living up to the hype.
Win money for consumer
education! NACHA, the association that governs the
electronic payment processing industry, announces a contest for short consumer
education videos with theme of “Stand Against Scams”
- Does not focus on any
particular type of scam or fraud
- Videos must be 60 seconds long
- Entries are due November 12
- One Grand Prize Winner: $5,000;
Second Place Winner: $2,500; Third Place Winner: $1,000
- Entry rules 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 fraud and crypto scams
Fraud News Around the
world
Washington: Police at Dulles airport arrest man from
Indonesia who was operating a black money fraud; flew in from Togo
Nigeria arrests 55 for internet fraud
Ohio: Woman from India arrested for laundering money from
victims who had been called, supposedly by police or banks, and told their
money was at risk and had to be moved to “safe” location; went to victim’s home
to pick up money
New malware app takes over calls to banks on Android
systems
Justice department releases annual report on enforcement
actions in cases affecting older consumers
Nigeria: Man gets 14 years prison for internet fraud
involving business opportunities
Michigan: Sixth man (Indian?) sentenced to 15 years
prison for tech support scam that got $11 million
Canada: Prince Edward’s Island woman, from Chile, gets 4
months prison for grandparent fraud; went to victim’s home to pick up money
Boston: Woman who owned spa indicted for importing
counterfeit Botox and other drugs and then injecting them in clients over three
years
Canada: Ontario police arrest man from the US for rental
scam on Facebook
Ireland identifies 1000 people tied to Black Axe gang;
responsible for losses of €84 million
Robocalls down in the US, but phone carriers have not all
implemented required controls to battle them
Stranger saves older couple $9000, were about to send
money at bitcoin ATM in jury duty scam
Singapore: Six charged in scam that used malware to take
unauthorized funds from victim bank accounts; $8 million lost
UK shuts down over 200 shops selling counterfeit goods;
many arrests reported
South Carolina: Two brothers plead guilty to sales of
counterfeit Viagra worth $35 million
California: Napa police arrest man (Chinese?) who went to
home of victim to collect money from fake PayPal email scam
Nigeria arrests 130, mostly Chinese, for internet fraud
National Consumers League warns fake reviews are
associated with billions of online sales
Rhode Island: Two arrested for grandparent fraud; nabbed
when they went to victim’s home to pick up money
India: Police bust major money laundering network using
mules
Ireland: Nigerian Black Axe member gets four years
prison; acted as a “herder”; recruited 12 money mules that collected €331,000
Canada: Windsor man arrested for grandparent fraud
Vermont: Man (Indian?) convicted of tech support fraud
Humor
- UK cheesemakers lose $400,00 to heist; 50,000 pounds
stolen in online fraud
- Thieves steal the UK’s largest inflatable
planetarium
FTC and CFPB
- FTC sends $2.5 million in refunds to victims of
Credit Karma pre-approved credit offers
- CFPB fines credit union $1.5 million over botched
roll out of online banking system
- CFPB settles case against Townstone Financial for
redlining in Chicago
- House oversight committee releases report
criticizing FTC as overtly partisan; suggests replacing Chair Lina Khan;
Report itself here
- FTC sends $17 million in refund checks to victims of
online cash advance company Brigit
- FTC sues Georgia debt collection operation that
collected debts that were not owed; threatened arrest; took in $7.6
million
- FTC settles case against AI review generation
company Sitejabber
- FTC resolves case against online cash advance firm
Artificial Intelligence and deep fake fraud
Virus Benefit Theft
- US House releases report on PPP and other COVID
fraud; cost $136 billion and was 30% of all loans
- Kansas City: Man pleads guilty to PPP fraud; got
$1.4 million
- Maryland: Man indicted for PPP fraud; got $387,000
- Orlando: Man pleads guilty to PPP fraud; got $57,000
- San Diego: Jury convicts man of investment and PPP
fraud; got $4.4 million from PPP
- Pittsburgh: Man pleads guilty to PPP fraud
- Florida: Man indicted for ID theft to do PPP fraud
- California: Two indicted for ID theft to get
unemployment benefits; got $2.1 million
- UK: 12 arrested from Birmingham gang that stole £2
million in Covid business loans
Kidnapping and forced to scam
- Over 800 Indians have been rescued from scam
compounds in Cambodia
- Philippines busts fraud call center on Bataan where
workers were being held against their will
- Malaysia frees 11 workers from fraud call center in
Cambodia
- India arrests eight involved in “digital arrest”
scams; calls came from fraud center in Cambodia
Business Email compromise fraud
- Omaha: Nigerian man gets 45 months prison, subject
to deportation after, over BEC fraud; had been extradited from Nigeria
- Texas: Nigerian man gets 26 years prison for BEC
scam; got access to email systems at real estate agencies; tried to get
$100 million; actually got $12 million
- Ventura, California: Woman who acted as money mule
for handling funds from real estate scam gets probation; other defendant
got 1 year jail
IRS and tax fraud
Ransomware and data breaches
- FBI has done disruption operations on 30 ransomware
gangs this year
- North Korean government tied to ransomware group
- Hits Los Angeles Public Housing Authority
- Major data breach at Free, the biggest ISP in France
- Ransomware attack takes down Washington State court
system
- Hits Houston public housing authority
- Attack on French energy firm Schneider Electric
ATM Skimming
- California: Anaheim police arrest two (Romanians?)
for ATM skimming to get EBT benefit card money
- Syracuse: Two from Romania indicted for ATM skimming
and ID theft
- Three men (Romanians?) arrested in Bakersfield,
California for ATM skimming
Jamaica and Lottery Fraud
- Jamaican Minister of National Security says lottery
scamming is a major cause of murders
- Rhode Island: Three from Georgia arrested for
lottery fraud where they impersonated Publisher’s Clearinghouse
Romance Fraud and Sextortion
- Bob Sullivan interview with family of man who
committed suicide after being taken in a crypto romance fraud
- Seattle: Nigerian man arrested on arriving by air in
the US for romance fraud; got at least $2 million
- Florida: Jail for three from Ghana over romance
fraud