Tag "Fraud"

Funeral Scam Sends Fake Notices to Family and Friends

Scheming on fake funeral emails is hitting a new low for scammers. According to the Federal Trade Commission, scam artists are sending fake funeral notifications and offering their condolences, even setting up a time and date reading in the subject

Read More

Cell Phone Scam Might ‘One-Ring’ You Next

Out-of-state numbers are being reported as the new ‘One Ring’ scam, calling your cell phone by the scammers programmed computer, which blasts out thousands of calls to random cellphone numbers, rings once, then disconnects, according to Sharane Gott with the Better

Read More

Citigroup Employee Questioned by Mexican Police Over Alleged Fraud

Citigroup Inc. employee was questioned by Mexican police as a suspect in the alleged theft of $400 million taken from their bank, according to WSJ.Whichever employee stole the money appears to be jnior at the company and worked for the bank’s Mexico

Read More

Identity Fraud Strikes a New Victim Every Two Seconds

The number of identity fraud victims jumped to 13.1 million in 2013, a new report from Javelin Strategy & Research finds. That’s an increase of 500,000 from 2012 and the second highest number of victims since Javelin began conducting its

Read More

Target Credit Card Scandal Arrests Two Mexican Citizens

Two Mexican citizens who were arrested at the border used account information stolen during the Target security breach to buy tens of thousands of dollars’ worth of merchandise, according to a South Texas police chief. But a spokesman for the

Read More

Target Tries to Reassure Customers After Data Breach Revelations

Nearly 110 million Target customers may have been affected by the massive data breach that hit stores during the past holiday season. Target is now in crisis-mode, reassuring all customers the situation has been handled and their credit along with

Read More

Sandy Hook Elementary School Charity Scam

The Sandy Hook Elementary School formed a charity last year after the shooting massacre, however according to their co-founder they are unable to account for more than $70,000 of the money which was raised through a marathon running. Ryan Graney,

Read More

Fraud Alert: New York Cops, Firefighters in Massive 9/11 Scam

New York prosecutors announced more than 100 New York City cops, firefighters and correction officers were charged today with falsely claiming to be suffering from depression and anxiety as a result of the 9/11 terror attacks. Up to $500,000 will be awarded

Read More

Retailers Losing Billions from Holiday Return Fraud

By  Lorraine Mirabella THE BALTIMORE SUN Saturday January 4, 2014 5:12 AM As consumers return holiday gifts and redeem gift cards, retailers will be keeping an eye out for transactions that, in all, could cost them billions. The average person returned nearly four holiday gifts last year, according to […]

Read More

Fraud Prevention Tips in 2014

World’s largest anti-fraud organizations are urging business owners and managers to make fraud prevention one of their top New Year’s priorities for 2014. According to CPA Practice Advisors, fraud entities around the globe are costing an estimated 5 percent in

Read More