#fraudulent-activities

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South Korean police arrest 215 people in suspected $228m crypto scam

The largest cryptocurrency investment scam in South Korea involved 215 arrests and $228.4 million in fraudulent gains.

SEC Files Fraud Charges Against Promoters of NovaTech, Alleged $650M Crypto Pyramid Scheme

SEC filed lawsuit against crypto pyramid scheme NovaTech, accusing fraud and $650 million theft from 200,000 investors globally.

Executives convicted in $1B fraud scheme, defrauded over 10,000 investors

A Manhasset CEO and Texas accomplice convicted of defrauding investors out of $1 billion.
Convictions highlight the use of investor capital to maintain appearances of successful portfolio companies.
The case underscores the prosecution's commitment to safeguarding financial market integrity.
#cybercrime

Europol and US seize website domains, luxury goods in $6bn cybercrime bust

Authorities dismantle world's largest botnet responsible for $6bn in Covid insurance fraud.

US arrests man allegedly behind enormous botnet that enabled cyberattacks and fraud

A Chinese national allegedly ran an international botnet that infected over 19 million IP addresses, facilitating crimes worldwide and making $100 million in profits.

Europol and US seize website domains, luxury goods in $6bn cybercrime bust

Authorities dismantle world's largest botnet responsible for $6bn in Covid insurance fraud.

US arrests man allegedly behind enormous botnet that enabled cyberattacks and fraud

A Chinese national allegedly ran an international botnet that infected over 19 million IP addresses, facilitating crimes worldwide and making $100 million in profits.
morecybercrime

Measuring Muck | AdExchanger

Marketers depend on ad verification companies despite limitations in detecting all fraudulent activities.

Preventing deepfake attacks: How businesses can stay protected

Deepfake technology is increasingly used in fraudulent activities, posing a significant threat to businesses.

Tyler Glasnow Provides Insight Into Dodgers' Clubhouse During Shohei Ohtani Scandal

Ohtani is expected to be cleared of wrongdoing after his former interpreter's fraudulent activities, allowing him to focus on baseball.

Someone's Sending Out Legal Threats From Fake, AI-Generated "Lawyers"

The account representing a fake law firm sent threats based on non-existent copyright claims.
The firm was exposed as fake through inconsistencies in requests and online presence.

U.S. Justice Department Targets AI Startup Fraud Ahead of IPOs

Ramsey is cracking down on fraudulent activities, especially among tech startups planning to go public.
The U.S. government is increasing scrutiny on AI technologies, with a focus on preventing misleading claims by companies in the sector.
#cybersecurity

'Criminal Geniuses' Admit Fortnite Hack Was A Total Hoax

The alleged hack on Epic Games was actually a scam operation by 'professional fraudsters'.
The fake hack was a ploy by the group to gain visibility and lure victims for scamming.

Attending the Olympics? Watch out for these mobile threats

Mobile devices are prime targets for cyberattacks during major events like the Olympics.

'Criminal Geniuses' Admit Fortnite Hack Was A Total Hoax

The alleged hack on Epic Games was actually a scam operation by 'professional fraudsters'.
The fake hack was a ploy by the group to gain visibility and lure victims for scamming.

Attending the Olympics? Watch out for these mobile threats

Mobile devices are prime targets for cyberattacks during major events like the Olympics.
morecybersecurity
#grand-larceny

Long Island Man indicted for $305,000 plumbing fraud in Brooklyn

Amedeo Ali charged with grand larceny for fraudulent plumbing renovations totaling $305,000.
Ali, allegedly posing as a licensed plumber, left a homeowner with incomplete work and financial loss.

Chief Medical Officer at SUNY Downstate charged with stealing $1.4M

Dr. Michael Lucchesi charged with grand larceny, falsifying records, and tax fraud for allegedly stealing $1.448 million.
Lucchesi spent large sums on personal expenses, including $176,000 on his dog at an upscale dog resort.

Long Island Man indicted for $305,000 plumbing fraud in Brooklyn

Amedeo Ali charged with grand larceny for fraudulent plumbing renovations totaling $305,000.
Ali, allegedly posing as a licensed plumber, left a homeowner with incomplete work and financial loss.

Chief Medical Officer at SUNY Downstate charged with stealing $1.4M

Dr. Michael Lucchesi charged with grand larceny, falsifying records, and tax fraud for allegedly stealing $1.448 million.
Lucchesi spent large sums on personal expenses, including $176,000 on his dog at an upscale dog resort.
moregrand-larceny

VexTrio network of hijacked websites used to spread malware

Over 70,000 legitimate websites have been hijacked and used to distribute malware and carry out other cyber crimes
VexTrio, the network behind the operation, redirects visitors to harmful pages and profits from fraudulent activities

Why federal efforts to protect schools from cybersecurity threats fall short

The cost of safeguarding America's schools from cyberattacks could reach $5 billion.
Between 2018 and mid-September 2023, 386 cyberattacks on the U.S. education sector have cost schools $35.1 billion.

Samantha Cookes facing 'relatively serious charges', judge says as fraud accused further remanded in custody

Samantha Cookes accused of defrauding Department of €59,094 over four years with multiple aliases.

11 arrested in Brooklyn in sweeping, multi-million dollar health care fraud operations

Charges announced against nine defendants for defrauding Medicare and Medicaid of millions of dollars.

Juror Handed Bag Full Of Cash To Acquit? Did It Have A Big Dollar Bill Sign On The Side?

Social media influence can be leveraged for jury tampering; bribery tactics still exist offline.
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