Elder Financial Abuse: A Growing Threat to Seniors' Savings and Security

Elder Financial Abuse: A Growing Threat to Seniors’ Savings and Security

December 23, 2024 FraudsWatch 0

Elder financial abuse is a devastating form of bank fraud targeting vulnerable seniors. Learn to recognize the signs, protect your loved ones, and fight back against this growing crime. The golden years should be a […] Read More

Credit and Debit Card Fraud in 2025: The Evolving Threat Landscape and How to Protect Yourself

December 22, 2024 FraudsWatch 0

The year is 2025. While digital payment technology has made leaps and bounds in convenience and security, credit and debit card fraud remains a persistent threat, evolving alongside these advancements. Fraudsters are becoming more sophisticated, […] Read More

Counterfeit Check Prevention in 2025: A Guide to Safeguarding Your Finances

December 15, 2024 FraudsWatch 0

Counterfeit checks remain a persistent threat in the modern financial landscape. As technology advances, so do the methods employed by fraudsters to replicate legitimate checks with deceptive accuracy. In 2025, proactive measures are crucial to […] Read More

The Future of Check Fraud: How to Protect Yourself in 2025

December 10, 2024 FraudsWatch 0

Despite the rise of digital payments, checks remain a common method of transaction in 2025. This continued reliance makes them an attractive target for fraudsters, who are constantly devising new and sophisticated techniques to exploit […] Read More

Nader Pourhassan And Kazem Kazempour Founds Guilty in Elaborate Scheme to Defraud Investors During HIV and COVID-19 Crises

December 10, 2024 FraudsWatch 0

Former CEO of CytoDyn and Head of Contract Research Organization Face Decades in Prison for Securities Fraud, Wire Fraud, and Insider Trading In a resounding victory for investor protection, a federal jury in Maryland convicted […] Read More

Sean Donnell White Exploits Postal Service and Cryptocurrency Markets in Elaborate Fraud Schemes

December 9, 2024 FraudsWatch 0

Mobile, AL – A 30-year-old man from Theodore, Alabama, Sean Donnell White, has been sentenced to 32 months in federal prison for orchestrating a complex web of fraud that preyed on both traditional mail systems […] Read More

ACH Fraud Exploding in 2025: Is Your Bank Account Safe?

December 8, 2024 FraudsWatch 0

Imagine this: you wake up one morning, check your bank account, and your entire savings are gone. Vanished. It’s not a nightmare, it’s the devastating reality of ACH fraud, and it’s happening more than ever. […] Read More

NJ Dean Sentenced in $1.3 Million Fraud Case

Teresina DeAlmeida Sentenced to Prison for $1.3 Million Fraud Scheme at NJ Graduate School

December 6, 2024 FraudsWatch 0

Newark, NJ – Teresina DeAlmeida, a 59-year-old former assistant dean at a graduate school in Essex County, New Jersey, has been sentenced to 36 months in prison for orchestrating an elaborate fraud scheme that spanned […] Read More

McKinsey Africa Pays $122 Million to Resolve Bribery Scheme in South Africa

December 5, 2024 FraudsWatch 0

Consulting giant implicated in widespread corruption, highlighting the need for greater transparency and accountability. Johannesburg, South Africa – McKinsey & Company Africa (Pty) Ltd finds itself at the center of a massive corruption scandal in […] Read More

Fraud Targeting Vulnerable Sports Bettors

“Wolf of Wall Street” Tactics Used in Nationwide Sports Betting Scam: Florida Man Pleads Guilty

December 4, 2024 FraudsWatch 0

Cory Zeidman Admits to Orchestrating Multi-Million Dollar Fraud Targeting Vulnerable Sports Bettors Central Islip, NY – A sophisticated sports betting scam reminiscent of the high-pressure tactics depicted in “The Wolf of Wall Street” has been […] Read More

MJ Capital Funding CEO Sentenced to 20 Years for $190 Million Ponzi Scheme

December 4, 2024 FraudsWatch 0

MIAMI – Johanna Michely Garcia, the former Chief Executive Officer of MJ Capital Funding, LLC, was sentenced to 240 months (20 years) in prison today for her role in a massive Ponzi scheme. Garcia, 41, […] Read More

Michael Mayfield – Former Mars Wrigley Manager – Sentenced to Prison for $1.2 Million Fraud Scheme

December 3, 2024 FraudsWatch 0

GAINESVILLE, Ga. – Michael Mayfield, a 55-year-old former environmental manager at the Mars Wrigley factory in Flowery Branch, Georgia, has been sentenced to three years in prison for defrauding his employer of over $1.2 million. […] Read More

Inside a Massive Medicare Fraud Operation in Florida

December 2, 2024 FraudsWatch 0

Jacksonville, FL – A complex web of deceit involving telemarketers, rogue doctors, and unscrupulous pharmacy owners has unraveled in a Florida courtroom, resulting in federal prison sentences for four men who orchestrated a staggering $54.3 […] Read More

GAF Manager Accused of $1.3 Million Wire Fraud Scheme

December 2, 2024 FraudsWatch 0

Savannah, GA – GAF Materials Corporation Manager Indicted for Elaborate Wire Fraud Scheme Savannah, GA – A former manager at GAF Materials Corporation in Savannah is facing serious federal charges for allegedly orchestrating a complex […] Read More

Roofing Business Owners Plead Guilty in Multi-Million Dollar Fraud Scheme

December 2, 2024 FraudsWatch 0

Operators Of Jacksonville Roofing Business Plead Guilty To Payroll Tax Fraud And Workers’ Compensation Fraud Two brothers who owned a roofing business in Jacksonville, Florida have pleaded guilty to conspiracy to commit mail and wire […] Read More

Two Mississippi Women Accused of Massive COVID-19 Relief Fraud

December 1, 2024 FraudsWatch 0

West Tennessee Tax Preparers Indicted for Schemes to Defraud Government of Over $65 Million in COVID-19 Relief Renata Walton and Nicole Jones, both from Olive Branch, Mississippi, have been indicted on 53 counts related to […] Read More

Lottery Scam Alert! The Latest Tricks You Need to Know to Protect Yourself

December 1, 2024 FraudsWatch 0

The lottery: a beacon of hope, a dream of financial freedom, a chance to escape the mundane. But for scammers, it’s a fertile ground for deception, preying on those desperate for a life-changing win. Lottery […] Read More

AI-Powered Scams: How Artificial Intelligence is Weaponized for Fraud

November 24, 2024 FraudsWatch 0

The digital age has brought unprecedented convenience and connectivity, but it has also opened up a Pandora’s box of cybercrime. While traditional scams continue to plague the internet, a new and more insidious threat is […] Read More

Income/Asset Fraud: The Latest Schemes and How to Protect Yourself

October 15, 2024 FraudsWatch 0

Income and asset fraud are pervasive problems, costing individuals and businesses billions each year. Fraudsters are constantly devising new and sophisticated methods to deceive their victims, making it crucial to stay informed about the latest […] Read More

The Ultimate Guide to Occupancy Fraud: Spotting Red Flags and Protecting Yourself

October 12, 2024 FraudsWatch 0

Unmasking the Deception in Mortgage Lending In the world of real estate and mortgage lending, occupancy fraud is a serious issue that can have significant consequences for both borrowers and lenders. This deceptive practice involves […] Read More