Wednesday, May 14, 2025

SEC sues three men from Texas over $91 million Ponzi scheme

 Important! New Report from the UN office of Drugs and Crimes on scam compounds in SE Asia


                            Sea mist of DH Kawrence

  • Operated by four major Chinese organized crime gangs
  • Work with Mafia, cartels, worldwide
  • Have their own crypto exchanges and blockchain
  • Moving into other countries as well
IRS now allows scam victims to deduct their losses
 
Goods from China under $800 had been duty free; that changes with new executive order; may help prevent scam counterfeit goods fraud on the internet
 
New law expected soon: Take it Down Act would criminalize deepfake porn posted without consent and require social media platforms to remove it within 48 hours

Meta claims it is taking steps to fight crypto romance fraud; says it has taken down 7 million accounts
 

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 worldHumor FTC and CFPBArtificial Intelligence and deep fake fraudVirus Benefit Theft Business Email compromise fraud Bitcoin and Crypto FraudRansomware and data breachesATM SkimmingJamaica and Lottery FraudRomance Fraud and Sextortion