Thursday, April 10, 2025

Man indicted for failing to report $13 million gain in crypto on his taxes

  Woman gives birth to stranger's baby after receiving wrong embryo at Monash IVF



MoneyGram settles with 49 States and DC over transmitting money from victims to fraudsters; to pay $13 million
 
Trump issues Executive order to crack down on ticket scalping and undisclosed fees for event tickets
 
Tools and resources available to scammers to ease their work
 
A scam by any other name would smell as bad.  One thing I’ve been encountering are attempts to come up with new names for old scams, even when there is no apparent reason for that. For example, Chainalysis is reportingthat the largest fraud they see come from  “automated push payments,” which appears to be no more than fraud victims sending money to fraudsters from their banks. So why the use of this new terminology?  I’ve similar concerns about the use of terms like “smishing” (scam text messages seeking data) and vishing (same, but through a phone call). I don’t see how use of these terms really helps the public understand what is going on.  Are these just a bit too clever?  Is there any way such terms actually help?  
 
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

Humor 

FTC and CFPB

Artificial Intelligence and deep fake fraud

BEC Fraud 

Virus Benefit Theft 

Scam Compounds

IRS and tax fraud

Bitcoin and Crypto Fraud

Ransomware and data breaches

ATM Skimming

Jamaica and Lottery Fraud

Romance Fraud and Sextortion