Tag "Money"

ATM Scam Rolling to the U.S.

Using special devices to “skim” ATM data is an old trick, but advances in the technology is making them more dangerous than ever, according to reports from CBS News. The European ATM Security Team is warning about new skimmers that are almost

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5 Steps to Fight Off Fraud

Detecting fraud within an organization is the responsibility of several groups including: financial executives, boards of directors, audit committees, internal auditors and external auditors. Yahoo! Finance reports several ways to avoid complacency, and according to Crowe Horwath LLP, one of the largest

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Scam Alert: Never Give Money to Get Money

Scam Alert: So what’s a person to do when they receive a letter claiming they have won unclaimed lottery monies with a check enclosed and payable to the recipient? Big Country goes on to explain… This is the question one unlucky

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High School Graduates are Target for College Scholarship Scams

A high school senior in Amarillo, Texas, recently received an exciting phone call informing him he had received a $7,000 grant. Considering he had been applying for grants and scholarships to help pay for college, he was relieved to hear he

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Insurance Fraud Costing $80 Billion a Year

In Jacksonville, Florida a Channel 4 investigation uncovered how the huge national problem of insurance fraud is affecting residents yearly premiums and how much of the fight against it is in Jacksonville. According to News 4 Jax, a reporter met with

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4 Ways Scammers Can Steal Your Tax Refund

“A thief who has your personal information can file a tax return before you do, collect a fraudulent refund and leave you waiting for many months to get your own refund and clear up the problem,” said Neil Chase, vice

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Apple Investors Losing Interest in Billion Dollar Company

In the two days leading up to Apple’s earnings report Monday, selling in Apple spiked among investors with accounts on SigFig, a financial advisory start-up that tracks over $100 billion in assets among its users. The dollar amount of Apple shares sold

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Fake Target Email – How to Avoid Being Scammed, Again

Target is sending out millions of emails to the customers who had personal information stolen in the recent credit card scam, unfortunately, scammers are also sending out millions of emails. The emails are offering customers free credit monitoring services for a

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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,

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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

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