The Shifting Landscape of Payment Fraud: Protecting Yourself in the Digital Age

The Shifting Landscape of Payment Fraud: Protecting Yourself in the Digital Age

February 25, 2024 FraudsWatch 0

Definition: Payment and transaction fraud encompasses any deceptive or unauthorized activity designed to steal funds, goods, or personal information during a financial exchange. In our increasingly digital world, the convenience of online transactions comes with a […] Read More

Bank of America (BOA) Investing: Hidden Traps That Could Cost You

February 24, 2024 FraudsWatch 0

Uncover the potential downsides of investing with Bank of America (BOA) and learn how to protect your hard-earned money. Investing can be a powerful tool for building wealth, but it’s crucial to be aware of […] Read More

Investor Beware: Essential Tips to Prevent Investment Fraud

February 18, 2024 FraudsWatch 0

Investing is a great way to secure your financial future, but it’s important to be wary of the many fraudulent schemes that exist. Understanding the risks and staying vigilant are crucial to safeguarding your assets.

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Fraud

Foreclosure Scams in 2024: Evolving Tactics and How to Protect Yourself

February 12, 2024 FraudsWatch 0

The threat of foreclosure is stressful enough for homeowners, but the existence of foreclosure scams makes the situation far worse. These schemes prey on individuals in dire financial straits, promising false hope while often robbing […] Read More

Pyramid Schemes Resurface: What You Need to Know in 2024

February 10, 2024 FraudsWatch 0

New York, 10/02/2024 – Despite increasing awareness in recent years, pyramid schemes continue to be a pervasive threat to unsuspecting individuals seeking financial opportunities. In 2024, experts warn that these fraudulent schemes are evolving, finding […] Read More

Fraud News From World

Attorney Admits Guilt in Hiding Millions for Convicted Fraudsters

February 9, 2024 FraudsWatch 0

A South Carolina attorney has admitted to playing a role in concealing funds tied to a massive California-based fraud operation. Peter J. Strauss, formerly of the Strauss Law Firm, pleaded guilty to charges related to […] Read More

Shielding Yourself from Wire Fraud in 2024: The Fight for Financial Security

February 9, 2024 FraudsWatch 0

Wire fraud continues to be a plague on financial transactions, and even the most tech-savvy individuals find themselves victims. Unfortunately, this trend will likely continue in 2024 as criminals get more resourceful, creating greater urgency […] Read More

Wire Fraud: Joann Johnson Davis Was Sentenced for Exploiting Her Position for Personal Gain

February 8, 2024 FraudsWatch 0

From Public Servant to Schemer: Ex-Director Exploits Housing Funds for Family and Friends Greensboro, N.C. – Joann Johnson Davis, once entrusted with helping low-income families find safe and affordable housing, was sentenced to 30 months […] Read More

Cracks in the Foundation: NYCHA Scandal Exposes Rot at the Heart of Affordable Housing

February 7, 2024 FraudsWatch 0

70 Current And Former NYCHA Employees Charged With Bribery And Extortion Offenses The news last week of 70 current and former New York City Housing Authority (NYCHA) employees charged with bribery and extortion sent shockwaves […] Read More

Financial Fraud: Johnnie Franklin Sullivan Pleads Guilty to Workers’ Compensation Fraud

February 7, 2024 FraudsWatch 0

Former Postal Employee Pleads Guilty To Workers’ Compensation Fraud CHARLOTTE, N.C. – Johnnie Franklin Sullivan, Sr., 73, of Mooresville, N.C., appeared before U.S. Magistrate Judge Susan C. Rodriguez today and pleaded guilty to workers’ compensation […] Read More

Whistleblower or Spy? Chenguang Gong Engineer’s Arrest Ignites Debate on National Security and Intellectual Property

February 7, 2024 FraudsWatch 0

San Jose, CA – The arrest of Chenguang Gong, a 57-year-old engineer, on charges of stealing classified missile tracking technology has sent shockwaves through the tech community and sparked heated debates about national security, intellectual […] Read More

Fraud

2024’s Phishing Phantoms: Top Scams to Evade Before They Haunt You

February 6, 2024 FraudsWatch 0

2023 may be behind us, but the devious minds of scammers never rest. As technology evolves and social trends shift, so too do their cunning tactics. So, fasten your digital seatbelts, because we’re diving into […] Read More

Deceptive Chameleons: Unveiling the Multifaceted Nature of AI-Generated Deepfakes

February 4, 2024 FraudsWatch 0

AI-generated deepfakes are not simply manipulated videos or audios. They are, at their core, synthetic chameleons: digital creations crafted by artificial intelligence that seamlessly blend the real and the fabricated. But unlike regular chameleons blending […] Read More

AI-Powered Account Takeovers: A Growing Threat to Online Security

January 22, 2024 FraudsWatch 0

In the ever-evolving landscape of cybercrime, account takeover (ATO) attacks have emerged as a significant threat to online security. These sophisticated attacks involve gaining unauthorized access to user accounts, often for the purpose of financial […] Read More

Navigating the Fraud Landscape: Unveiling the Evolving Tactics of Fraudsters and the Role of AI and ML in Combating Them

January 21, 2024 FraudsWatch 0

In today’s interconnected world, where technology permeates every aspect of our lives, fraudsters are constantly evolving their methods to exploit vulnerabilities and deceive unsuspecting individuals and organizations. The rise of artificial intelligence (AI) and machine […] Read More

Navigating the Evolving Landscape of Money Laundering Scams: Trends and Countermeasures in 2024

January 21, 2024 FraudsWatch 0

The global financial landscape is constantly evolving, offering both opportunities and challenges for businesses and individuals alike. While technological advancements have streamlined financial transactions and enhanced global connectivity, they have also created new avenues for […] Read More

Tax Evasion Scams on 2024: What to Watch Out For, How to Protect Yourself, and Where to Report

January 14, 2024 FraudsWatch 0

Tax season is always a busy time for the Internal Revenue Service, but it’s also a prime opportunity for scammers to prey on taxpayers. Tax evasion scams are on the rise, and it’s important to […] Read More

Navigating the Maze of Immigration: How to Spot and Avoid Common Scams

January 14, 2024 FraudsWatch 0

Immigration scams are deceptive schemes that prey on the hopes and aspirations of individuals seeking to immigrate to a new country. These scams often promise quick and easy solutions to complex immigration processes, luring victims […] Read More

Navigating the Legal Maze: Identifying and Avoiding Legal Scams and Fraud in 2024

January 14, 2024 FraudsWatch 0

In the ever-evolving landscape of legal matters, scams and fraudulent activities continue to pose significant threats to individuals and organizations. These schemes, often disguised as legitimate legal services, exploit vulnerabilities and prey on unsuspecting victims, […] Read More

Protecting Our Seniors: Recognizing and Avoiding Medicare Scams in 2024

January 8, 2024 FraudsWatch 0

As the population of older adults continues to grow, so does the prevalence of scams targeting this vulnerable demographic. Medicare fraud is a particularly concerning issue, as it exploits the trust and reliance of seniors […] Read More