Spain launches major effort against Black Axe fraud gang; arrests 34
Microsoft sues in the US and UK to take down fraud subscription service with virtual computers called RedVDS
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
- Jury convicts Texas couple for Covid era pyramid scheme that took in $25 million
- China hacks email of congressional committee staff
- One third of fraud victims in Hong Kong seek counseling for suicide concerns
- Treasury Secretary cites GAO, says 10% of all federal spending goes to fraud
- Researchers find large scale support networks for fraudsters at scam compounds and others; credit card processing, bulk SIM card sales, hijacked domain names etc.
- Scammers are now using pop up login pages for Facebook users that look very real
- Instagram confirms avalanche of spam emails claiming need to reset passwords
- Malaysia: Eight women, two of them grandmothers, get prison for renting accounts out and acting as money mules for scammers
- Man steals beer and then crashes into grocery store. Crook chats with witnesses and has a beer until police arrive
- Detroit man calls police to try and claim the reward out for his own arrest
- FTC moves for contempt against credit card payment processor for violating 2015 order; asks for a receiver and $53 million damages
- FTC sues online answer site JustAnswer for tricking people into subscriptions
- St. Louis: Woman pleads guilty to PPP fraud; got $177,000
- Chattanooga: Pastor gets 30 months prison for PPP fraud; got $1.8 million
- Florida: Chiropractor indicted for bogus sales on durable medical equipment such as knee braces using “telemedicine”; got $30 million
- Baltimore: Man gets 30 months prison for ID theft to get unemployment benefits
- West Virginia: Woman gets ten months prison for PPP fraud; got $101,000
- North Carolina: Couple plead guilty to stealing over $1 million in PPP fraud
- Connecticut: Woman gets three months prison for unemployment fraud; got $217,000
- Oregon: Business owner pleads guilty to PPP fraud; got $488,000
- Massachusetts: Two charged in theft of $7 million in SNAP food stamps benefits
- New Mexico: Man pleads guilty to PPP fraud; got $500,000
- France does prisoner swap with Russia; sends them man convicted of ransomware
- Hits Police record system in Midway, Florida
- Attack on Arizona law firm
- Data breach of credit report company loses information on 5.8 million people
- New York: Jamaican man gets 51 months prison for lottery fraud; took at least $1.6 million
- Jury in Arkansas convicts man from Trinidad who picked up money from lottery fraud victim; intended to deliver funds to Jamaica; got cash and delivered “prize money” that was just copy paper; gets ten years prison