Watch Guy Sweat Bullets as He Pitches Scam to Dragons

Watch this poor guy sweat bullets on National TV as he tries to pitch a pyramid scheme to the dragons on national TV.  His ex-wife scammed him out of $10,000 and he tries to recruit the dragons into a scheme so he gets paid back. https://www.youtube.com/watch?time_continue=302&v=XCuLN9yWMUo

Hero Refunds $20,000 To Fraud Victims Brilliantly

You have to watch this video. This guy is a hero.   He is a brilliant coder and managed to turn the table on scammers that were trying to steal his money through a tech support scam. By utilizing a keylogger program he was able to turn the table on the scammer, get his bank account, log […]

The Woz Gets Defrauded Out of His Bitcoin

Steve Wozniak had 7 bitcoin stolen from him through a credit card fraud scheme.  The co-founder of Apple computer explained how he lost the bitcoin to a clever fraudster that conned him out nearly $100,000 by paying him with a phony credit card and then canceling the payment when the bitcoins were transferred. He Wanted […]

Phishing Fraudsters Pretend To Be Phony Fraud Analyst

Fraudsters figured it out.  If you can’t beat em, join em.  Which is exactly what they are doing now, and scamming consumers for tens of millions of dollars each month. If you want to see how they are doing it.  Check out this story posted by a consumer that got scammed – I Got Phished. […]

This Nigerian Prince Wasn’t What People Expected

When you think of a Nigerian Prince, a lot of images come to mind but 67-year-old Michael Neu, is not one of them.  But apparently, he had scores of victims thinking he was a real Nigerian prince.  And a very rich and generous one at that. Slidell police this week arrested the aging “Nigerian Prince” and […]

Scammed? Get Your Money Back From Western Union!

Wire Fraud is a growing epidemic here in the US.  Fraudsters love it because they can con victims and get their money right away. And Western Union has always been a favorite choice of fraudsters that want to get paid right away.   It always seemed like Western Union is a sure thing.  Fraudsters counted on […]

A Fried Chicken Fraud Exposed

Sweet Dixie Chicken,  a popular brunch spot in Long Beach, is the type of place that serves pricey plates in a trendy setting. A waffle and eggs will set you back $14.50. Scrambled Eggs will cost you $14.95.  And Chicken and Waffles will run you $15.95. At prices like that, you would expect craft food […]

She Stole From Her Employer To Pay A Romance Scammer

She was so in love. She lived in London.  He was a handsome American soldier named Eric Lopez,  living in Dubai. They met online after she divorced and he was like a dream come true.   He made her feel special and loved, something that she had not felt for years in her old relationship.  He […]

Have Fraudsters Found the Keys to Unlock Zelle?

Zelle, the revolutionary new app that allows you to send and receive money directly from your bank, launched with much fanfare earlier this month.  The app was launched as a partnership between EWS and the largest banks here in the US to kill Venmo.   The standalone app allows you to connect both your bank account and […]

Do Credit Unions Protect Consumers from Fraud Better?

What is a scam?  What is fraud?  Don’t they mean the same thing?  Not necessarily.  And that might come as a big surprise to you. To a consumer, a scam or a fraud are basically different words for the same thing.  But to a bank, there is a big difference – they will reimburse you for […]

Branch Manager Facilitates Massive Auto Fraud Scheme

A former Branch Manager of IAM Community Federal Credit Union in Alabama admitted to defrauding her employer out of $1.5 Million Dollars through a massive auto lending fraud scheme. Jennifer Leigh Arnette of Enterprise, Alabama inflated borrowers FICO Scores, and inflated the values of vehicles through power booking and manipulated loans so borrowers could qualify for […]

Facebook Market is A Devil’s Den of Fraudsters

Facebook Market. You gotta love it.  It’s so simple; so convenient.   You can buy anything you want with virtually anyone on Facebook. But you can also get burned by fraudsters; something that is increasingly happening to sellers on Facebook.   I know of a handful of people that fraudsters have attempted to scam on […]

American Defrauds Nigerians; Internet Goes Wild

Call it the Revenge of The Nigerian Prince.  An American man, Marco Ramirez was arrested this week in Nigeria for defrauding Nigerians millions of dollars by promising them passports to the US which he never delivered. Marco is being hailed as a hero by those who have been defrauded by Nigerians, and a villain by […]

One Coder Gets Revenge on IRS Tax Fraudsters

Got IRS Tax Fraud Robo Calls?  Well, you will love this video then. After one programmer received an IRS Fraud Tax call he decided to do something about it. He created a script which dialed the call center back 75 calls per second to flood the operation with a pre-recorded message informing them they were a […]

Wire Fraudsters Scamming Home Buyers for Billions

Imagine getting ready to close on your first home.  It’s a beauty.  It’s in the right neighborhood. It’s close to restaurants and you can even walk to get coffee in the morning.  It was expensive, but you saved for years to buy it.  If all goes well you will close in 2 days and move into […]

22 Apple Employees Arrested for Internal Fraud

China authorities uncovered a massive underground network of Apple employees stealing and selling customer information that they obtained from the iGiant database. The 22 employees that were arrested allegedly “used the company’s internal computer system to gather users’ names, phone numbers, Apple IDs, and other data, which they sold as part of a scam worth […]

Uber Accused of Fraud Against Drivers & Passengers

Uber has always been a company that walks on the bleeding edge of questionable ethics.  A new lawsuit filed against the company this week accusing them of defrauding both drivers and passengers is yet another blow to the troubled transportation network. The lawsuit which was filed by Sophanos Van and 50 others accuses Uber of deliberately manipulating […]

How Facebook Is Spawning a New Wave of CatFish ID Fraud

Are you afraid of identity theft?  I am.  And I am not alone.  About 1 in 5 American’s have already been a victim and it ranks as one of the Top 10 fears in nationwide polls. Thanks to Facebook, there is a new type of identity theft emerging that is far more damaging to you far […]