- 148 Chinese, 40 Filipinos, 1 Pakistani, 1 Indonesian, rest Nigerian
- Used WhatsApp accounts tied to German and Italian phone numbers
CPFB sues owner of payment app Zelle, Well Fargo, Chase, JP Morgan, and Bank of America for not doing more to stop fraud on the app; alleges victims have lost $870 million over the last seven years
Major hack by China gets access to computer systems at the US Treasury Department
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
- 47 State Attorneys General call on the FCC to do more to fight robocalls
- Los Angeles: Health company pays $8.2 million; billed Medicare for Covid tests never delivered
- Texas: Chinese man indicted for sales of equipment used to make counterfeit pill and fentanyl
- Thai police bust large scam group; arrest six; had 200,000 SIM cards
- Brooklyn: Police arrest woman for widespread rental fraud; took security deposits from immigrants for nonexistent apartments
- Singapore police investigating 189 for their roles in scams
- Canada’s Competition Bureau sues Rogers over claims about unlimited data
- Canada: Grandparent scammers are organized criminals; three have pled guilty; group took in $1.2 million in just three months
- AARP releases white paper on fraud victimization and advocacy; don’t blame victims
- North Carolina: Postal worker gets four years prison for stealing 47 Treasury checks from the mail worth $750,000
- Employees at banks are increasingly working for and helping scammers
- Victims of Madoff Ponzi scheme ultimately recover 94% of their losses
- UK: Which? explains common elements of police impersonation scams
- Michigan: Police arrest Chinese man in the US illegally; called older woman, impersonated her bank; and arrested when he went to her home to pick up the third batch of her money
- Tucson: Two men from India indicted for laundering money from tech support fraud
- FTC and Illinois AG settle case with Chicago-area group of auto dealers, owned by AutoCanada, over junk fees; to pay $20 million
- FTC and Maryland AG sue auto group over charging unwanted fees and fake discount prices
- CFPB sues Rocket Mortgage; alleges it paid kickbacks to steer borrowers to the company
- DOJ files amended complaint in case referral from the FTC against online cash advance company; add founder as a defendant
- St. Louis: Man charged with fraud in pandemic rental assistance loans; got $284,000
- Albany: Man charged with ID theft to do unemployment fraud
- Boston: Man sentenced to time served for PPP fraud; got $21,000
- Baltimore: Man charged with PPP fraud
- Alabama: CEO of IT company indicted for PPP fraud; got $625,000
- Cleveland: Man gets 60 months prison for identity theft that got unemployment benefits; also stole checks from the mail; got $681,000
- Omaha: Man gets five years probation for PPP fraud; has to repay $210,000
- Thai cyber chief confirms that 25 story building contains operational center for scam call centers
- India arrests key player from Cambodia scam call center
- Los Angeles: Two men indicted for “rug pull” offering investments in NFT’s; got $22 million
- SEC says reports of crypto investment fraud jumped 53% in 2023
- North Korea has stolen $1.34 billion in crypto in 2024
- Tampa: Romanian gets 20 years prison for developing ransomware; must repay $21.5 million
- Hits Pittsburgh public transit agency