Tag "Money Fraud"
Several Merchants Not Prepared for Holiday E-Commerce Fraud
E-commerce fraud can take action a few different ways, and even though the news mostly covers business concerns related to magnetic stripe security vulnerabilities related to card present transactions, online retail has its own particular concerns. Much like the case with the
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Deutsche Bank Broker Freed in $7B Tax Fraud Case
Former Deutsche Bank broker has been largely freed of the U.S. government’s charges against him in a reversal spurred by a juror with a colorful past, including allegations of punching a police officer and stealing a bag of shrimp while drunk. Former
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9 Companies Involved in New York Heating Oil Fraud Case
New York City officials reported 9 companies and 44 individuals being indicted after a long-term investigation into widespread fraud in the heating oil business. Manhattan District Attorney Cyrus R. Vance Jr. and other officials announced the indictments Tuesday. RELATED: Counterfeit Checks Tied
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Wayne Simmons, Fox News Recurring Guest, Charged with Lying about CIA Connections
Simmons is accused of falsely claiming that he worked as an “outside paramilitary special operations officer” for the CIA from 1973 to 2000. On Fox, this was often shortened to “former CIA operative.” He was also indicted for using that
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AAA Warns of Scam That Could Injure or Kill You
AAA auto club is warning drivers that scam artists need only you and your car to pull off the perfect scam. This auto scam can happen anywhere there is traffic on a normally busy street. You are driving and the driver in front of you
Read MoreProtect Your Money from Banking Fraud
Carrying cash can cost you big time, with the risk of losing that paper money from getting robbed. Similarly, there are risks involved in digital and online banking as well. According to a June report by PricewaterhouseCoopers Pvt. Ltd (PwC),
Read MoreFare Card Fraud Costing CTA $6.5 Million
Fraudulent use of CTA free-ride and reduced-fare cards at rail stations has cost the transit agency almost $6.5 million since a crackdown was launched late last year, but suspicious use of the cards was down more than 20 percent, CTA
Read MoreConcert Ticket Fraud
Concert season is in full swing and so are the fraud attacks. Several great performances are taking place in London, including rock band Muse at the Download Festival, Elton John at the Banks’s Stadium in Walsall and Irish singer-songwriter Damien Rice in
Read MoreMobile Fraud: Time To Start Paying Attention
According to mobile attribution company Apsalar, for every valid in-app purchase (IAP) made in China, there are 273 fraudulent ones.But China isn’t the only place with IAP problems. Taiwan sees 54 fake in-app purchases for every valid one, while Saudi
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National Cyber Security Awareness Month: Top 4 Cyber Scams
October is known as National Cyber Security Awareness Month and Unlock Your Wealth Radio is highlighting the top four cyber scams that could be affecting your money. Continue reading and become aware of these scams and the fraudsters who are
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