The rise of million-dollar companies with just one employee (WSJ)
Alex Tabarrok on the Economic Analysis of Crime
I tell my Gary Becker story, why I like police more than prisons, how criminals are like children and more
The cyberattacks against the hedge funds
Company Turns AI On Art Fraud
WorkersDecide.tech — Make Tech Work for Workers
“WorkersDecide.tech is the product of the AI Chaos Prevention Committee — a collection of tech workers and organizers drawn from a range of groups and organizations, including: We assembled together because we recognized the wide range of tech employeers rolling out AI projects and mandates over the head of and without the input of their workers.
Even worse, they have been using these initiatives as a way to attack our working conditions — instituting speedups, justifying layoffs and headcount reductions, and degrading the quality of our products. We know from our experience as organizers that workers are not helpless in the face of these initiatives — we have the tools to demand our seat at the table, and our say in how technology is implemented and deployed in our workplaces.
We believe every employer with new technology mandates can and should be answered with organized groups of workers who can ensure we get our collective say. This project is a place for us to assemble information and resources to help take a stand. If you would like to get in touch or get involved, please reach out to us at committee@workersdecide.tech.”
AI Implementation Bingo Card Generator – Use the options below to generate printable bingo cards for your workplace AI implementation exercise.
Franchising frauds: Fraudsters are creative. Those behind many common frauds are supporting thousands of others. Ransomware gangs develop the tools and then other scammers themselves reach out and rip off the public. These “franchisees” collect funds and pay the main actors a percentage. This model is now being used for many other types of frauds. So even if one catches a scammer, it may be necessary to go upstream to really solve the problem. Or could law enforcement themselves sign up and target the main players?
25 scams that have worked for centuries – and still do
UN says that there is a drastic increase in young people being kidnapped and forced to work at scam compounds in Asia
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
- Canada: Peel Police arrest woman from India for rental fraud; got $60,000
- Louisiana: Police arrest two men (Chinese?) after high speed chase; find $40,000 in stolen gift cards they intended to tamper with and return to stores
- Wisconsin: Man (Chinese?) gets 2.5 years prison for tech support fraud where he told victim needed to keep funds “safe” and went to home to collect
- India: Text message scams are up 146% this year
- Viet Nam seizes 50,000 pairs of counterfeit Nike shoes set for export
- US to deny visas to those involved in online fraud and their immediate relatives
- India busts tech support call center that handled 1500 calls every day, arrests four
- Homeland Security raids location in six states that have SIM card farms used by Chinese scammers to make calls and send text messages
- India busts fake loan call center targeting the US; arrest ten
Humor
FTC and CFPB
Business Email compromise fraud
Artificial Intelligence
Benefit Theft
- Dallas: Company that billed the government $24 million for unnecessary Covid testing to pay $19.2 million
- UK: Couple from India convicted of selling nonexistent PPE during Covid; used money to buy Porsche, Rolex
- Miami: Woman on FBI most wanted list, who fled to Jamaica after being charged with PPP fraud, is arrested and returned; she and her group got $32 million
- Boston: Retired state police sergeant gets probation for PPP fraud; got $21,000
- Oakland: Man pleads guilty to PPP fraud; sought $1.3 million
Scam Compounds
- Myanmar passes law giving the death sentence to those who operate scam compounds
- Malaysia busts 32 locations apparently conducting crypto romance scam; arrest 335, 302 of them Chinese
Bitcoin and Crypto Fraud
Ransomware and data breaches
IRS and tax fraud
ATM Skimming
- Cayman Islands arrests Bulgarian man who flew in with skimming equipment
- Borneo: “Foreign national” arrested for ATM skimming
- Thailand: Chinese man and three locals arrested for ATM skimming
- Texas: Three Romanians arrested for skimming ATM’s and EBT cards
Jamaica and Lottery Fraud
- Jamaica: Eight, including two US citizens, arrested in “Operation Lottery”
- Government of Jamaica to strengthen laws against lottery fraud
- Boston: Former postal inspector pleads guilty to stealing mail sorted by USPS as likely to contain cash being mailed to Jamaica for lottery fraud; got $330,000
Romance Fraud and Sextortion
- Bob Sullivan/AARP interview with man whose identity has been used in hundreds of romance frauds
- Ohio Attorney general starts new effort to educate on romance fraud, and sets up state hotline for victims
- Philadelphia: Nigerian man extradited to the US gets five years prison for online extortion of young man who committed suicide as a result
- South Africa: Two men arrested for romance fraud
- UK: Five charged with romance

