#fraud

#fraud

CFPB is suing major banks for inadequate fraud protection on Zelle, resulting in over $870 million in customer losses.

CFPB's lawsuit against Zelle and banks highlights significant consumer protection failures leading to widespread fraud and substantial financial losses.

CFPB sues major banks over failure to protect consumers from fraud on Zelle, which reportedly caused over $870 million in losses.

Avoid buying from Facebook ads as they carry a high risk of fraud and poor product quality.

Refund processes for fraudulent purchases are lengthy and frustrating.

Virgin Media O2 uses AI-generated grandmother 'Daisy' to engage scammers, wasting their time and protecting potential victims.

Two men defrauded investors of over $22 million in cryptocurrency through deceitful NFT projects, part of a series of 'rug pull' schemes.

A U.S. Postal Service supervisor was arrested for stealing and depositing $281,000 in checks, highlighting serious criminal misconduct within postal operations.

Increase in online scams involving cryptocurrency; victim losses can be severe.

Law enforcement successfully recovering stolen property indicates proactive policing efforts.

Public safety concerns are addressed promptly in intoxication incidents.

Residential burglaries highlight ongoing home security vulnerabilities.

Authorities arrested eight suspects of a phone phishing gang involved in large-scale financial fraud across multiple countries.

Europol has shut down Manson Market, a major online marketplace for fraud, leading to significant arrests and the seizure of numerous assets.

A convicted felon escaped prison for nearly eight years before being arrested in Walnut Creek and facing new charges.

Six former Apple employees face arrest for a scheme tricking the company into matching charitable donations they never made, totaling approximately $152,000.

A Southern California couple was charged for attempting to scam an elderly San Jose man out of over $500,000 through a 'Pig Butchering' scam.

Carlos Watson was sentenced to nearly 10 years in prison for defrauding investors and lenders through Ozy Media's deception about finances.

Carlos Watson, founder of Ozy Media, has been convicted of fraud involving substantial misrepresentation of the company's financial status.

Carlos Watson sentenced to nearly 10 years for fraud, raising concerns about the digital media industry's integrity and future scams.

Carlos Watson, ex-CEO of Ozy Media, sentenced to 10 years for fraud, highlighting the consequences of inflated claims and dishonesty in startups.

North Korean IT workers engaged in fraud and extortion to fund the regime, making it difficult for US companies to pursue justice.

Mark Sokolovsky was sentenced to 60 months for conspiracy related to the Raccoon Infostealer malware operation.

Cryptocurrency fraud, particularly account takeovers, is on the rise, creating significant risks for users and businesses.

A scheme involving North Korean nationals illegally generated over $88 million for weapons development by exploiting U.S. employment systems and engaging in identity theft.

Three fraudsters used a SIM farm to defraud victims of £220,000 through deceitful calls and texts posing as bank communications.

A Kansas City man allegedly engaged in a series of cybercrimes, showcasing a complete disregard for operational security.

A vice principal was struck off for falsifying his educational qualifications and creating false invoices for school events.

Elkas Mohammed, a former educator, engaged in serious misconduct by fabricating invoices and providing false qualifications, leading to professional disciplinary actions.

Michael Liu was sentenced to over three years for running a scheme helping Chinese parents gain U.S. citizenship through illegal births.

A woman impersonating an attorney defrauded Filipino immigrants for illegal and unlicensed legal services.

The lawsuit reveals a trafficking scheme where alleged Oklahoma residents are exploited under the guise of substance use disorder treatment in California.

Parents accused of faking son's cancer to raise $60,000; facing charges of criminal neglect and deception.

Catriona Carey and her former partners are facing serious fraud-related charges, including money laundering and impersonation of a solicitor.

Alec Tahir Baker allegedly participated in scams that defrauded victims of nearly $9 million, including over $300,000 from the Town of Bristol.

A nonprofit leader accepted responsibility for fraudulently obtaining COVID-19 unemployment benefits totaling almost $1.5 million.

Foster misused personal information to file fraudulent claims while directing proceeds to his nonprofit organization.

Two correction officers face federal charges for unemployment benefits fraud amounting to over $44,000 each.

The officers allegedly lied about their employment status to access funds from COVID-19 relief programs.

Mashinsky's guilty plea reveals extensive fraud in the crypto sector, with serious implications for investor trust and regulatory scrutiny.

Alex Mashinsky of Celsius Network plans to plead guilty to two counts of fraud, following federal charges relating to deceiving investors and market manipulation.

Alex Mashinsky pleads guilty to fraud charges, highlighting increased regulation in the cryptocurrency sector.

Brooklyn DA shuts down 40 fraudulent websites linked to a scam draining an elderly artist's savings.

Bitcoin investor Frank Richard Ahlgren III was sentenced to two years for tax evasion on $1 million in crypto gains.

Despite using mixers and multiple wallets, federal authorities traced his concealed crypto earnings.

David Packouz's story highlights serious issues in the arms trade, particularly about fraud and corruption in military contracts.

Shohei Ohtani is claiming his former interpreter fraudulently used his money to buy baseball cards worth hundreds of thousands of dollars.

Former Congressman TJ Cox agreed to plead guilty to fraud, avoiding trial and having 24 charges dismissed.

Cory Zeidman pleads guilty to fraud in a sports betting scheme, facing 20 years in prison and $3.6 million in restitution.

A poker player was convicted for defrauding sports bettors by falsely claiming insider information on events.

The scheme lasted from 2006 to 2020, exploiting clients through deception.

Qingyun Chen, accused of defrauding an elderly resident, was mistakenly released and returned to jail for not proving lawful bail source.

There are 20 individuals on the most wanted list, with seven possibly located in London, accused of serious crimes.

Vasile Gorghescu was sentenced to life in prison for the premeditated murder of Chaudhary Mahmood, demonstrating extreme violence over a fraudulent scheme.

An HR manager was jailed for three years for stealing over £100,000 through fake invoices.

A man was murdered in a car park after uncovering a phone scam, highlighting the dangers of fraudulent schemes.

A parish priest lost almost €50,000 in a scam while attempting to pay a broadband connection fee.

A scheme involving former Apple employees exploited donation matching to defraud the company and charities, leading to multiple felony charges.

Impostors are stealing Apple laptops from customers by using fake IDs and QR codes at Southern California stores.

Former Apple employees face charges for exploiting a charity-matching program, making bogus donations, and committing fraud over several years.

Six former Apple employees engaged in a fraudulent scheme to exploit charity donation matching, resulting in a significant financial loss for the company.

Apple faces complications from varying international regulations on payment systems.

Lifting restrictions on payments globally while maintaining security is crucial.

Opening payment systems may expose Apple to new security risks.

Six former Apple employees charged with embezzling $152,000 through a fraud charity scheme exploiting Apple's gift-matching program.

D'Habsburg operated a $5.9 million Ponzi scheme targeting seniors, promising false AI technology and celebrity endorsements.

Efrain Betancourt Jr. faces serious charges for allegedly defrauding investors through a Ponzi scheme, despite a previous settlement.

A California man faces charges for swindling elderly investors through a Ponzi scheme and spending the funds on luxury items.

Ippei Mizuhara defrauded Shohei Ohtani by misappropriating funds for personal expenses and fraudulent gambling activities, demonstrating significant breach of trust.

Ippei Mizuhara, Ohtani's former interpreter, committed fraud and stole $17 million from the player, resulting in serious legal repercussions for Mizuhara.

Truong My Lan's appeal against her death penalty for a $12bn fraud was denied, but she may avoid execution by repaying 75% of stolen funds.

Truong My Lan was sentenced to death for her involvement in Vietnam's largest financial fraud case.

Truong My Lan faces the death penalty for a $27 billion fraud unless she repays three quarters of the embezzled funds to potentially reduce her sentence.

Truong My Lan, sentenced to death for a $27 billion fraud, seeks to repay embezzled funds and avoid execution.

Marin County Housing Authority lost nearly $1 million due to a sophisticated email phishing attack.

Two former nonprofit employees charged in a kickback scheme misappropriating over $500,000 meant for homeless services in NYC.

A woman scammed Taylor Swift fans out of $70,000 in fake concert tickets, facing multiple fraud charges.

Adrianus Kees pled guilty to fraud that involved a scheme to extract funds from Ovagen under the guise of securing a loan.