Mortgage brokers need to report increasing fraud, FBI says.Zajac, AndrewJackson, David
The FBI recently released its annual Internet Crime Report, revealing its 2023 fraud analysis. TheInternet Crime Complaint Center(IC3), which gives the public a direct way to report crime to the FBI, received a record number of complaints last year: There was an almost 10% increase in complai...
Let’s look at a couple of common credit card fraud methods. Credit and debit card skimming: According to the FBI, “skimming” refers to stealing debit or credit card information via a special device—a skimmer—illegally attached to an ATM, gas pump, or point-of-sale terminal. A ...
Elder Fraud: This category of attack is a financial fraud scheme which targets or disproportionately affects individuals over the age of 60. Criminals use a variety of tactics to deceive these victims, including romance, sweepstakes, charity, tech support, lottery, and government impersonation schemes...
government strategies, and others were put on hold owing to lack of industrial operations. However, the market size in the second half of 2020 and beyond increased due to the rising adoption of fraud detection and prevention solutions owing to growth in cybercrimes, payment frauds, insurance frau...
In June of 2021, the Forensic Unit was called upon to process the scene of a homicide. As part of the scene processing, fingerprints, which were believed to belong to the suspect, were recovered. That same day, the fingerprints were run through the FBI fingerprint database, and an identi...
Thanks to increases in reports of scams targeting older folks, the Department of Justice and the FBI have partnered to create theElder Justice Initiative, which covers all kinds of frauds and abuses targeting people over 60 years old. IC3 is planning on a special report with a focus on these...
File Photo: U.S. Attorney General William Barr speaks at a press conference on law enforcement actions related to elder fraud, in Washington D.C., the United States, on March 7, 2019. (Xinhua/Liu Jie) WASHINGTON, April 9 (Xinhua) -- U.S. Attorney General William Barr said Tuesday he...
According to a new report from Bloomberg, JPMorgan (JPM) and at least one other bank were attacked by Russian hackers in mid-August, an incident the FBI says took place immediately after the U.S. government levied new sanctions on Moscow. The report said
Social Engineering Fraud For social engineering scams, the perpetrators use psychological manipulation and deceit to gain control of vital information relating to user accounts. Successful scammers condition people to think they are dealing with a trusted entity, such as a government agency, a well-...