Road toll text messages scams tied back to Chinese operation
City of London Police say victims reported losses of £650 million last year to crypto investment frauds (crypto romance?); complaint numbers down but losses up 13%; younger people most likely to be victims
BBB releases new study on the Identity theft industry; information sold on the dark web and obtained with AI tools; most common use of ID theft is to apply for credit cards
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
- San Diego: Man (Chinese?) pleads guilty to tech support fraud; went to victim’s home to get money
- US Bankers release survey on state laws that allow banks to hold money when it suspects customers are fraud victims
- Kansas City: Woman indicted for Facebook fraud where she got elderly victim to pay $1 million for bogus charity
- Singapore: Police investigating 242 scammers and money mules
- India: Police in Kashmir find 7200 fraud mules accounts; arrest 21
- Canada: Toronto Police warn of sharp increase in phone calls supposedly coming from police; caller ID’s spoofed; immigrant Chinese often targeted
- Canada: Moose Jaw police arrest Quebec woman for grandparent fraud; went to victim’s house claiming to be collecting as a bail bondsman
- India: Police bust call center calling Canadians and pretending to be from Amazon; five arrested
- Canada: Ontario man pleads guilty to grandparent fraud
- Florida: Man arrested for tech support fraud and impersonating PayPal; went to pick up money from victims
- Miami: Nigerian man gets six years prison for selling land that he did not own
- Los Angeles: Man pleads guilty to forging signatures of celebrities like the Kardashians; made over $500,000 in ten years
- Europol and partner agencies following up take down of botnet network to identify its customers and take action
- Miami: Three indicted for theft of $1 million Treasury check
- Florida man dressed as Ronald McDonald wrestled to the ground by cops as he yells: “I’m a clown stupid!”
- 21% of Brits have used AI for help changing a light bulb
- FBI warns how crooks use AI to generate ads
- UK bank unveils new tool to send in emails and texts and bank will use AI to tell if they are scams
- Maryland: Man gets 87 months prison for ID theft to get unemployment benefits; got $300,000
- Connecticut: Woman pleads guilty to fraud in obtaining unemployment benefits; got $217,000
- Philadelphia: Man (Chinese?) gets 28 months prison for laundering money from theft of social security retirement benefits
- Two dozen Washington, DC police officers being investigated for PPP fraud
- Florida: Jacksonville man pleads guilty to PPP fraud; got $18,000
- FBI warns criminals are increasingly stealing identities to file tax returns seeking refunds
- Arizona: Woman gets 18 months prison for hacking into tax preparer systems and filing bogus returns and got $2.5 million in refunds
- Texas: Three men (Nigerians) get prison for stolen identity refund fraud
- Ohio: Man arrested who used ID theft to get tax refunds owed to businesses: got $32 million
- UK: London Police launch crypto recovery unit
- Albany: Secret Service seizes web domain used for crypto romance fraud
- Taiwan: Police identify Chinese man as behind ransomware attack on hospital
- Ransomware attack on the Port of Seattle loses info on 90,000 people
- Attack on Singapore financial firm and Bank of China branch
- UK: Jury convicts five for romance fraud; got £3.25 million
- Grand Rapids: Five who laundered money for Nigerian-based extortion fraud on young boys plead guilty
- Orange County: Two Chinese men arrested for crypto romance fraud where they got $13 million
- Germany: 12 Nigerians involved with Black Axe go on trial for romance fraud
- Australia shuts down 95 apps and websites tied to crypto romance fraud
- Oklahoma: Woman charged with acting as a money mule for romance fraud; converted victim money to crypto
- Massachusetts: Nigerian man arrested for romance fraud when he flew into Dallas from the UK
- Missouri: Man (Nigerian?) gets two years prison for romance fraud contacted victims on Facebook