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 […]
Couple Loses Life Savings After Mortgage Wire Fraud
A couple is suing Wells Fargo after they were scammed out of $270,000 by a fraudster during the closing of their dream home.
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 […]
Massive Car Rental Fraud Ring Gets Busted
I didn’t even know rental car fraud was a thing. Who would buy a car without double checking the VIN to make sure it wasn’t stolen. duh..
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 […]
Imposter Fraud Is Blowing Up But I Found A Silver Bullet
The latest reports are in for 2016 and Imposter Fraud is blowing up. Last year, Imposter Fraud was ranked as the most common type of fraud reported by consumers, outstripping Identity Theft of the title that it held for many years. There were 407,000 consumer complaints for imposter fraud in 2016, making it the largest type […]
The IRS Thinks Tax Return Fraud is Tiny. They’re Wrong.
The IRS thinks their issue with fraudulent tax returns is so small that they do not need to do anything differently than they do today to protect consumers. At least that is how they responded to the Government Accountability Office (GAO) yesterday in response THIS REPORT that urged them to take better care to prevent […]
Car Dealers Beware of Auto Loan Fraud
Auto Loan Fraud is a big problem here in the US and growing. Annual estimates are that approximately $6 Billion in car sales are made and financed with a loan containing some fraud on the application. That is a big number. And lenders are looking for any ways that they can reduce that fraud. Many […]
PinDrop Reports Big Increase in Phone Fraud
Social engineering is on the rise because fraudsters have found the weakest link in the security chain – the call center operator. According to the 2016 Call Center Fraud Report, fraudulent calls spiked 45% in the last 3 years and now 1 in every 2000 calls into call centers is by a fraudster trying to […]
London Fraud – How Fraudsters Steal in London
London has always been a hot spot for pickpockets and clever con artist. Watch this awesome Vice Video that takes you behind the scenes for a new generation of clever con artist that are making millions.
Expose – How Fraudsters Steal Your Identity
This short expose shows how scheming fraudsters prey on consumers to steal their identities and drain their bank accounts. http://www.dailymotion.com/video/x4gok0y