Scammers are NOT Robin Hood. Fraudsters bring in a lot of money, and of course spend it in the area where they are located. Some may even contribute to local charities. But the data shows that the areas where scammers tend to locate also suffer more scams and fraud than other places. For example, Florida, traditionally home to most US based fraud call centers, has often topped the list of scam complaints per capita. Where crooks locate, spread, and teach others their methods local people suffer.
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
- Georgia arrests man for tech support fraud; took older victim for more than $1 million
- Los Angeles: Two Chinese men plead guilty to scheme to buy Apple products and then return counterfeit versions; made $16.2 million
- Police on Long Island arrest man who sold thousands of counterfeit Nintendo products for years
- Malaysia: Police bust gang sending spam text messages; have illegal equipment
- Iowa: Three leaders of fake check ring get collective 151 months prison for creating fake checks, opening bank accounts to deposit them into, and withdrawing cash before the fakery was spotted; got $2.9 million; 11 others in ring already sentenced
- Los Angeles: Former Postal letter carrier gets 5.5 years prison for stealing mail; got $10 million; also got government benefit cards
- Montreal senior get prison in the UK for smuggling $1.2 million in cocaine in his mobility scooter
- Nurse performs CPR on drunk raccoon
- Florida man runs over foot model after she refused to let him sniff her feet on first date
- FTC settles with two defendants in multi-level marketing case against IM Master Academy; to pay $10.5 million
- FTC resolves case with online marketplace TEMU for violating the INFORM act, meant to provide information for customers about counterfeit or nonexistent goods; to pay $2 million
- Supreme Court stays order reinstating Commissioner Slaughter
- California: Head of construction company charged with $4 million PPP fraud
- Tampa: Eleven members of street gang charged with PPP fraud; got $236,000
- DC attorney general sues operator of Bitcoin ATM’s; alleges that 93% of transactions are money to scammers
- Canadian man who was previously convicted of crypto theft in Canada sentenced in US to separate $1 million theft
- Hackers steal $130 million from Brazil banking system
- Attack on Sheriff’s office of New Orleans Parish
- Hits Jaguar Land Rover and disrupts production
- Attack hits Irish golf course
- US indicts Ukrainian ransomware administrator; offers $11 million reward for his capture
- Connecticut: Man arrested after years on the run for Jamaican lottery fraud
- South Dakota: Man from Jamaica, who had been extradited, pleads guilty to lottery fraud
Romance Fraud and Sextortion
- South Africa: Five arrested for romance fraud
- ICE arrests Nigerian man who had been previously convicted of romance fraud; not clear why he was free despite sentencing
- Blog on celebrity romance frauds
- California: Man gets 51 months prison for laundering money from crypto romance frauds operating out of Cambodia; handled $36.9 million; eight others in this ring already pled guilty