Tag "fraud alert"
Citigroup Mexican Unit Said to Have Committed Decade-Long Fraud
(Bloomberg) – Citigroup Inc. said it discovered that the private-security unit in its Mexican bank engaged in illegal and unauthorized activities that included working for people outside of the bank and using intercepted phone calls. The fraud at Banamex, which began around
Read MoreBanks Harvest Callers’ Voiceprints to Fight Fraud
LONDON (AP) — The caller said her home had burned down and her husband had been badly hurt in the blaze. On the telephone with her bank, she pleaded for a replacement credit card at her new address. “We lost
Read MoreHeather Wagenhals Warns Listeners of Credit Card Hackers
Sunrise America Radio interviews Heather Wagenahls, Certified Identity Theft Risk Management Specialist, to warn listeners of the latest scam and money frauds involving credit card hackers. Tune in as Heather shares valuable information to help you protect your money!
Read MoreFlorida Developer Convicted of Mortgage Fraud Scheme
Tampa Bay – Florida developer Domenic Rabuffo was sentenced Tuesday to more than 27 years in federal prison for a North Carolina mortgage fraud scheme that bilked four major banks out of more than $50 million in loans made to dozens of
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Food-Stamp Fraud
DETROIT, MI — Federal investigators claim flagrant food-stamp fraud has been occurring in Hamtramck, a suburb within Detroit. They identified $12.5 million in fraud — since when federal officials did not say — and arrested 11 store owners, managers or
Read More5 Reasons People Fall for Scams and Gotchas
Fraud artists are getting sneaky these days, coming up with tricks of all kinds for people to fall for their scams and gotchas. According to this article from a Yahoo! Finance report, ever since back in 1996, it was pretty easy to steal money from
Read MoreCalif. Scam Ring Busted for Fake Target Credit Cards
STOCKTON, Calif. – Target stores around this northern California city have been hit with a credit card security breach, according to information contained in a search warrant affidavit filed by U.S. postal inspectors. Postal inspectors served two search warrants in
Read MoreFlipping Money Scams
Hillsborough County, Florida – Victims of the latest get rich scheme are being targeted via around social media sites for the “flipping money scam,” according to the WTSP in Florida. Find out what to look for and how you can prevent
Read MoreFake IRS Callers Take $5 Million from Victims
The Internal Revenue Service said Wednesday that fraudsters continue to impersonate IRS agents and demand bogus payments, despite warning of this scam last October. The Treasury Inspector General for Tax Administration, which oversees the IRS, has received 90,000 complaints about
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