Fraud

Navigating the Murky Waters of Deception: Understanding the SAVE Act and the Fight Against Fraud & Scams

February 11, 2025 FraudsWatch 0

In an era defined by rapid technological advancement and increasingly sophisticated methods of deception, the battle against fraud and scams has become more critical than ever. Legislators and regulatory bodies are constantly striving to create […] Read More

Crypto Reckoning: KuCoin’s Guilty Plea Exposes Dark Side of Unregulated Exchanges

January 28, 2025 FraudsWatch 0

The cryptocurrency landscape was rocked to its core on Monday, January 27, 2025 as PEKEN GLOBAL LIMITED (“PEKEN”), the Seychelles-based entity operating the globally renowned cryptocurrency exchange KuCoin, pleaded guilty to a charge of operating […] Read More

North Korean IT Worker Fraud: DOJ Indicts Five in Cyber Espionage, Money Laundering Scheme

January 25, 2025 FraudsWatch 0

MIAMI, FL – In a chilling revelation that underscores the evolving landscape of cyber threats and international espionage, the U.S. Department of Justice (DOJ) has unsealed an indictment charging two North Korean nationals, a Mexican […] Read More

Stop Fraud in 2025: 20 Essential Prevention Tips

August 25, 2024 FraudsWatch 0

Stay one step ahead of scammers in the digital age. This comprehensive guide provides 20 actionable tips to protect yourself from identity theft, phishing scams, online shopping fraud, and more in 2025. Learn how to […] Read More

Fraud

Recovering From Fraud and Scams: A Comprehensive Guide

June 3, 2023 FraudsWatch 0

Introduction Fraud and scams can have a devastating impact on your finances, emotional well-being, and reputation. It’s essential to take the right steps to recover from these incidents and protect yourself from further harm. In […] Read More

Fraud News From World

Financial Fraud: Renee Tartaglione Sentenced For 53 Counts Of Conspiracy, Fraud, Theft And Tax Crimes

July 13, 2018 FraudsWatch 0

Former Head of Nonprofit Sentenced to Prison for Defrauding Mental Health Clinic Out of Over $2 Million A former head of a Philadelphia nonprofit mental health clinic was sentenced to 82 months in prison for […] Read More

Public Corruption: John L. Sampson Sentenced To 5 Years For Obstruction Of Justice And Making False Statements

January 19, 2017 FraudsWatch 0

USA Capers Announces Former New York State Senator John L. Sampson Sentenced To 5 Years U.S. Attorney Robert Capers, outside the Federal Court in Brooklyn, announced former New York State Senator John Sampson was sentenced […] Read More

How to Avoid Fraud in 4 Common Situations

November 16, 2016 FraudsWatch 0

Most of us probably think we could easily detect a scam if anyone ever tried to take advantage of us. And yet, the Stanford Center on Longevity reports that each year between $40 – 50 […] Read More

Report A Fraud: Useful Links

August 21, 2016 FraudsWatch 0

Where can you Report a Fraud? For report financial fraud, you can contact the FBI online at https://tips.fbi.gov. United States Attorney’s Office its where you are located or where the fraud was committed. Offices of […] Read More

SALLY A. CLAASSEN Pleads Guilty to Federal Charges of Stealing

June 2, 2016 FraudsWatch 0

Former Winnebago County Purchasing Director Sally Claassen Pleads Guilty to Federal Charges of Stealing over $400,000 ROCKFORD — The former Winnebago County Purchasing Director pleaded guilty today before U.S. District Judge Frederick J. Kapala to […] Read More

Angelo Alleca Pleads Guilty to Orchestrating a Multi-Million Dollar Fraud Scheme

May 28, 2016 FraudsWatch 0

Former CEO of Summit Wealth Management Pleads Guilty to Orchestrating a Multi-Million Dollar Fraud Scheme ATLANTA – Angelo Alleca, the former CEO of Atlanta, Georgia, based Summit Wealth Management, has pleaded guilty to conspiring with […] Read More

Robert F. Arnold Indicted for Fraud and Related Charges

May 28, 2016 FraudsWatch 1

Tennessee Sheriff Indicted by Federal Grand Jury on Conspiracy, Fraud and Related Charges Chief Administrative Deputy and Sheriff’s Uncle also Indicted A county sheriff and two other men were indicted for their roles in the […] Read More

Nevada Man Charged In $5 Million Investment Fraud Scheme

Lee Vaccaro Charged In $5 Million Investment Fraud Scheme

May 8, 2016 FraudsWatch 0

Nevada Man Charged In $5 Million Investment Fraud Scheme NEWARK, N.J. – A Nevada man was arrested today and charged with defrauding investors out of more than $5 million dollars, U.S. Attorney Paul J. Fishman […] Read More

Various Online Payment Options and Tips to Avoid Fraud in It

May 7, 2016 FraudsWatch 0

With businesses spreading wide across the globe, several people are encouraged to start their business online and earn their living. However, the main question that runs in everyone’s head is how to make payments online […] Read More

David Weaver and Crystal Serfass Pleaded Guilty To The Armed Robberies

May 6, 2016 FraudsWatch 0

Junedale Couple Pleads Guilty To Four Armed Bank Robberies And The Armed Robbery Of A Store SCRANTON – The United States Attorney’s Office for the Middle District of Pennsylvania announced today that David Weaver, age […] Read More

Wayne Simmons – Former Fox News Commentator Pleads Guilty to Fraud

May 2, 2016 FraudsWatch 0

ALEXANDRIA, Va. – Wayne Shelby Simmons, 62, of Annapolis, Maryland, a former Fox News commentator who has falsely claimed he spent 27 years working for the Central Intelligence Agency (CIA), pleaded guilty today to major […] Read More

How to Prevent Embezzlement in Your Nonprofit Organization

April 26, 2016 FraudsWatch 0

Nonprofits are frequently the victims of embezzlement and employee fraud because they tend to have looser financial controls than for-profit businesses. The management and board members are also likely to be much more trusting of […] Read More

Cyber Frauds – Meaning, Definition and Preventive Measures

April 25, 2016 FraudsWatch 0

Technological advancements have always been a boon and a bane for human kind. There are always some people who misuse and exploit technology and create serious problems for the rest of the population. One such […] Read More

Financial Fraud: Lottery Fraud – Scammers Target the Elderly

April 9, 2016 FraudsWatch 2

Scammers Target the Elderly The telephone call came from out of the blue. The man on the line told the 83-year-old retired schoolteacher she had won a substantial lottery prize. All that was required to […] Read More

Email Scam: MRS. ELLAIN ELLIOT – UN Foreign Affairs

April 9, 2016 FraudsWatch 0

This is an email received about “ BUSINESS PROPOSAl MRS. ELLAIN ELLIOT – UN Foreign Affairs ” is a phishing scam and why not try to contact these people or log onto these sites and enter […] Read More