1. Introduction Business opportunity frauds are deceptive schemes that prey on individuals seeking to establish or invest in a business venture. With the rise of the internet and the increasing number of people looking for ways to earn money, the prevalence of these scams is on the rise. This article will define business opportunity fraud, […]
State laws that protect personal information refer to laws and regulations at the state level that are designed to safeguard the privacy and security of individuals’ personal information. These laws are typically enacted by state legislatures and may cover a range of issues related to data privacy and security, such as data breaches, identity theft, and […]
Justice Department Announces Court-Authorized Disruption of Snake Malware Network Controlled by Russia’s Federal Security Service Through Operation MEDUSA, the FBI, and the U.S. Attorney’s Office for the Eastern District of New York Neutralized the FSB’s Premier Cyberespionage Malware Implant in Coordination with Multiple Foreign Governments The Justice Department today announced the completion of a court-authorized […]
Banking fraud is a serious issue that affects thousands of people around the world. It’s a type of financial fraud in which a person or a group of people manipulate or steal money from an individual or a financial institution. Banking fraud can take many forms and can have serious consequences if not detected and […]
We’ve looked into the most recent mortgage and loan closing scams so you know what steps to take to protect your money and even your property. These scams range from fraudulent wire transfer instructions to false mortgage relief offers. For most people, purchasing a home represents their largest financial transaction, so it’s important to be […]
Every market is driven by demand, and the financial services industry is no different. With the industry’s growth and the entrance of new participants, there is also an undesirable corollary that has been appearing more frequently. This frightening trend of con artists disguising themselves as reputable financial institutions is robbing individuals of their money. This […]
When purchasing a property, there are numerous things to take into account. Actually, there are so many that it can be challenging to keep up. However, having everything in order can do more than just reduce your stress; it can also shield you from risky financial and legal situations, such as mortgage fraud. This article […]
Cyber and malware attacks are very common today in the finance industry. Detecting them is complicated and hard. Regular implementation of protective measures against new attacks is necessary. Traditional protective measures such as CVV2 and one-time passwords are not effective at combating the new cyber crime techniques.Criminals today use attacks including trojans that bypass traditional […]
PHILADELPHIA – United States Attorney Jennifer Arbittier Williams and Assistant Attorney General Kenneth A. Polite Jr. of the Justice Department’s Criminal Division announced that Barrie Osborne, 76, of Celebration, Florida, was charged by Indictment with with conspiracy to commit wire and bank fraud, wire fraud, bank fraud, and conspiracy to commit money laundering in connection […]
Rep. James Clyburn, D-S.C., chairman of the choose commission on the Coronavirus Crisis, seeks info regarding preventing fraud in pandemic assistance. A general assembly subcommittee aimed toward work financial fraud throughout the pandemic broadened its probe into on-line disposal in the week to incorporate 2 of the foremost distinguished processors of coronavirus assistance. Rep. James […]