The Department of Justice recently indicted four men—two of whom are located in Canada and two in New York—for a mass-mailing scheme that bilked thousands of senior citizens out of tens of millions of dollars. According to the indictments, the accused Canadian fraudsters sent mail to thousands of elderly individuals whose names and addresses they … Continue Reading
On June 3, 2019, the U.S. Department of Health and Human Services Office of Inspector General (OIG) issued a fraud alert to notify consumers about genetic testing fraud schemes (the Alert). According to the OIG, fraudulent actors are using the provision of free genetic testing kits to obtain Medicare information from unwitting consumers, and then … Continue Reading
A new Harris Poll for the American Institute of CPAs (AICPA), which called 1,006 U.S. adults for the report, shows interesting statistics regarding American adults’ attitudes and fears about identity theft and financial loss as a result of cyber intrusions. The poll’s conclusion is that 48 percent of U.S. adults believe that identity theft will … Continue Reading
In an effort to combat an increasing number of fraudulent transfers carried out using its network, SWIFT, the international bank transfer network, announced this month that it is adding new tools and controls designed to prevent fraudulent transfers in real time. SWIFT reported that the new tools integrate into the SWIFT system directly without the … Continue Reading
The New York Times reported last week that “hundreds of fake retail and product apps have popped up in Apple’s App Store in recent weeks”—just in time to deceive holiday shoppers. The Apps use well-known brand logos to deceive consumers. According to some, there has been a dramatic increase in fake apps this year over … Continue Reading
With more and more information online, it is easy to accumulate a lot of information about individuals just by using a search engine. Scammers use online information to build profiles of victims and then use different scams to try to defraud victims, particularly the elderly and vulnerable populations. But even the most savvy can become … Continue Reading
It has been reported that Hilton Hotel Properties (Hilton), including Embassy Suites, Doubletree, Hampton Inn and Suites and Waldorf Astoria is investigating credit card fraud alerts from banks, which have been alerted by credit card companies that fraudulent activities have been detected with the common point of sale at Hilton Hotel Properties’ restaurants, coffee bars … Continue Reading
