While online fraud is considered cybercrime, its main difference from other online crimes is that it tricks victims into performing harmful actions voluntarily. In the United States, the number of cybercrime incidents, including online fraud, has increased significantly in the past few years, from ...
and we had FTX founder Sam Bankman-Fried’s trial and eventual guilty verdict to keep us riveted. Of course, FTX wasn’t the only high-profile case that shocked us; there were many others that had a big impact on the anti-fraud profession. Here are the five fraud cases we found most...
Patrick Halligan, were arrested for racketeering conspiracy, securities fraud and wire fraud. According to prosecutors, loose regulations over “family offices” — private wealth management firms that serve the super wealthy — allowed them to intentionally mislead banks to loan them money so they co...
For many of these wanted women, their crimes are kidnapping, fraud, murder, and even the infamous January 6th. One woman has been on the run for 35 years and is still wanted for murder.Wanted These are the five women from Texas who have earned a spot on the FBI's Most Wanted list....
Mortgage Fraud The FBI deals with thousands ofmortgage fraudcases each year. Mortgage scams are often aimed at distressed homeowners. These scams include foreclosure rescue schemes, loan modification schemes, andequity skimming, among others. They are often carried out by real estate and mortgage prof...
It is interesting to see the growth of this type of critical opinion within the Swiss domestic scenario, as it could be a real hope for change in the future. If the Swiss government does not revise its recent policies, the future of the country will be truly threatened, since neutrality ...
Owed in part to the pandemic-induced increased shift from offline to online, cyber attacks have become a lucrative avenue for criminals in recent years. Statista experts estimate global losses of $7.1 trillion in 2022 compared to 2019's $1.2 trillion, with crypto exchange and protocol hacks by...
China intensifies crack down on telecom, Internet fraud China has been strengthening its forces for combatting telecom and Internet fraud, with 32 provincial anti-fraud centers and 206 city-level anti-fraud centers having been established, according to the Ministry of Public Security (MPS). Roundup...
While serving as U.S. attorney general in 1906, Charles Bonaparte began lobbying Congress for a permanent detective force within the Department of Justice. Bonaparte argued for a team of hand-picked “special agents” who could investigate perpetrators of timber and land fraud, involuntary servitude...
Another shocking recent cult was Angel's Landing, led by Lou Castro (also known as Daniel Perez) who claimed to be a "centuries-old angel." Castro claimed he could see the future and cure diseases. His powers of persuasion were so intense, apparently, that he convinced a lot of his fol...