Posts filtered by tags: Fraud[x]


 

Ace claims the state’s witness

The ANC’s suspended secretary general believes the state’s witness is, in fact, the defence’s witness The post Ace claims the state’s witness appeared first on The Mail & Guardian.
Tags: Corruption, Politics, Fraud, South Africa, ANC, NPA, Cyril Ramaphosa, National Prosecuting Authority, Top Six, Ace Magashule, Zondo Commission, State Capture, Blackhead Consulting, Edwin Sodi, Subs-only, Olly Mlamleli


Crypto 'yield farming' is reportedly booming, and investors could see up to 50% returns - or watch as scammers make off with their investment

Dado Ruvic/Reuters Yield farming is crypto's answer to traditional lending, as laid out in a recent Wall Street Journal report. One popular strategy is "liquidity mining," where yield farmers lock up tokens in exchange for fees. Between January and April of this year, investors suffered $83.4 million in DeFi fraud losses, according to CipherTrace. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Any investment involves balancing risk and reward, but few are a...
Tags: Trends, Markets, Fraud, Crypto, Ethereum, Wall Street Journal, Citadel Securities, Défi, CipherTrace, MI Exclusive, Yield Farming, Ethan Wu, Dado Ruvic Reuters Yield, Mark Cuban Yield, Marcio Chiaradia


Owner Of Greater Sacramento Area Hospice, Home Health Care Facilities Pleads Guilty To Medicare Fraud

FOLSOM (CBS13) – An owner of multiple home health care facilities and a hospice around the Sacramento area pleaded guilty to a home health care fraud scheme, the U.S. Department of Justice said on Thursday. Akop Atoyan, 48, of Glendale in Southern California, pleaded guilty to one count of conspiring to commit the aforementioned crime and one count of conspiracy to pay and receive health care kickbacks. Atoyan and his wife Liana Karapetyan owned and controlled ANG Health Care Inc. and Excel Hosp...
Tags: Crime, News, Local, Syndicated Local, Sacramento, Fraud, United States, Glendale, Roseville, Medicare, Doj, Folsom, Southern California, U S Department of Justice, U S Department of Health and Human Services, El Dorado Hills


3 Ways to Keep Data Fraud From Sabotaging Digital CX in Banking

As the world becomes more digital, fraudulent activity will continue to skyrocket. Proactive steps can help prevent financial havoc. The post 3 Ways to Keep Data Fraud From Sabotaging Digital CX in Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
Tags: Finance, Customer Experience, Data, Fraud, Data Security, Data Analytics, MX, Open Banking, Contributed Content, Ways to Keep Data Fraud From Sabotaging Digital CX


3 Ways to Keep Data Fraud From Sabotaging Digital Banking CX

As the world becomes more digital, fraudulent activity will continue to skyrocket. Proactive steps can help prevent financial havoc. The post 3 Ways to Keep Data Fraud From Sabotaging Digital Banking CX appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
Tags: Finance, Customer Experience, Data, Fraud, Data Security, Data Analytics, MX, Open Banking, Contributed Content


Ponzi schemes flourish in Nigeria’s declining economy

With opportunities dwindling, Nigerian youths are investing in dubious enterprises – and paying the price The post Ponzi schemes flourish in Nigeria’s declining economy appeared first on The Mail & Guardian.
Tags: Nigeria, Africa, Fraud, Scams, Ponzi Schemes, Openaccess, Davido, MyBonus2u, RackSterli


Citibank, JPMorgan, and other banking giants are facing a potential class action lawsuit over ripping off clients on currency trades, report says

Getty/Chris Hondros Allegations of currency-trade manipulation are bubbling up into a potential class-action suit against several big banks. The banks, which include UBS, Barclays, Citibank, and JPMorgan, are accused of colluding to rig prices in the foreign-exchange market. In sum, banks have paid north of $12 billion in fines over FX rigging. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Allegations of currency-trade manipulation are bubbling up into a potent...
Tags: UK, London, Banks, US, Trends, Markets, Bbc, Fraud, Hsbc, Foreign Exchange, European Commission, Citibank, Financial Times, Jpmorgan, US UK, Chris Hondros


Hawks move on R3.4-billion in corruption cases referred by SIU

The Hawks and the NPA want to boost forensic investigative capacity to get back more money lost to corruption The post Hawks move on R3.4-billion in corruption cases referred by SIU appeared first on The Mail & Guardian.
Tags: Corruption, Fraud, South Africa, National, Asset Forfeiture, Eastern Cape, Hawks, NPA, National Prosecuting Authority, The Hawks, The Presidency, Top Six, Special Investigating Unit, Gupta Family, Standing Committee on Public Accounts, Godfrey Lebeya


The charges against Zuma must be viewed in the context of the ANC leadership crisis

Many ANC leaders and officials have been implicated in allegations of corruption and other wrongdoing; Zuma’s is merely the most prominent case The post The charges against Zuma must be viewed in the context of the ANC leadership crisis appeared first on The Mail & Guardian.
Tags: Corruption, Politics, Opinion, Fraud, South Africa, Jacob Zuma, Openaccess, ANC, Zuma, Thabo Mbeki, Thuli Madonsela, Nkandla, Top Six, Billy Downer, Nepotism, Mokotedi Mpshe


Court refused murder-acused Kilian’s application for particulars, bail dates are set

Zane Kilian has been denied further information into the charges against him, which include murder, unlawful interception of communications and fraud The post Court refused murder-acused Kilian’s application for particulars, bail dates are set appeared first on The Mail & Guardian.
Tags: Murder, Police, Fraud, National, Western Cape, State, Hawks, William Booth, Kilian, Top Six, Nafiz Modack, Zane Kilian, Blue Downs regional court, Dirk Uys, Jacques Cronjé, Ricardo Morgan


Court refused murder-accused Kilian’s application for particulars, bail dates are set

Zane Kilian has been denied further information into the charges against him, which include murder, unlawful interception of communications and fraud The post Court refused murder-accused Kilian’s application for particulars, bail dates are set appeared first on The Mail & Guardian.
Tags: Murder, Police, Fraud, National, Western Cape, State, Hawks, William Booth, Kilian, Top Six, Nafiz Modack, Zane Kilian, Blue Downs regional court, Dirk Uys, Jacques Cronjé, Ricardo Morgan


Fraud protection startup nSure AI raises $6.8M in seed funding

Fraud protection startup nSure AI has raised $6.8 million in seed funding, led by DisruptiveAI, Phoenix Insurance, AXA-backed venture builder Kamet, Moneta Seeds and private investors. The round will help the company bolster the predictive AI and machine learning algorithms that power nSure AI’s “first of its kind” fraud protection platform. Prior to this round, the company received $550,000 in pre-seed funding from Kamet in March 2019. The Tel Aviv-headquartered startup, which currently has 16 ...
Tags: Security, Crime, Funding, Articles, Tel Aviv, Insurance, Tech, Fraud, Artificial Intelligence, Online Shopping, Kamet, Crimes, Axa, Fraud Detection, Merchant Services, DisruptiveAI Phoenix Insurance AXA


Police analyst implicated in R600k fraud scheme

But the forensic analyst has also claimed to be a victim of identity fraud The post Police analyst implicated in R600k fraud scheme appeared first on The Mail & Guardian.
Tags: Fraud, National, National Prosecuting Authority, South African Police Service, FNB, Top Six, South Africa (country, SAPS, Johannesburg specialised commercial crimes court, Bongani Chauke


The Amazing Randi debunked sweaty "magnetic" people

Sadly James Randi passed away before he could directly address these vaccine frauds, but here is a video of him exposing and explaining why sweaty folks aren't magnets and friction isn't 'magnetism.' WIkipedia: Many of the people who can adhere objects to their body can do so not only with metal but also other materials. — Read the rest
Tags: Video, News, Fraud, Randi, James Randi


Chinese Authorities Arrest Over 1,100 People in Crypto Crime Crackdown

Chinese authorities are upping their crackdown on all things crypto by arresting more than 1,100 people suspected of using these digital tokens for money laundering. The news comes courtesy of a Wednesday Wechat post from China’s Ministry of Public Security, which oversees law enforcement throughout the country. Read more...
Tags: Science, Crime, China, Fraud, Software, Bitcoin, Xi Jinping, WeChat, Cryptocurrencies, Blockchains, Money Laundering, Digital Currencies, Ministry of Public Security, Bitcoin Network, Payment Systems


RSA spins off fraud and risk intelligence unit as Outseer

RSA Security has spun out its fraud and risk intelligence business into a standalone company called Outseer that will double down on payment security tools amid an “unprecedented” rise in fraudulent transactions. Led by CEO Reed Taussig, who was appointed head of RSA’s Anti-Fraud Business Unit last year after previously serving as CEO of ThreatMetrix, the new company will focus solely on fraud detection and management and payments authentication services. Outseer will continue to operate under t...
Tags: Security, Startups, Crime, Articles, Risk Management, E-commerce, Ceo, Fraud, EMV, Archer, Fireeye, Dell, Payments, Rsa, Phishing, Identity Theft


The Supreme Court Narrowed the CFAA

In a 6-3 ruling, the Supreme Court just narrowed the scope of the Computer Fraud and Abuse Act: In a ruling delivered today, the court sided with Van Buren and overturned his 18-month conviction. In a 37-page opinion written and delivered by Justice Amy Coney Barrett, the court explained that the “exceeds authorized access” language was, indeed, too broad. Justice Barrett said the clause was effectively making criminals of most US citizens who ever used a work resource to perform unauthorized ac...
Tags: Supreme Court, Uncategorized, US, Fraud, Courts, Machine Learning, Van Buren, Barrett, Bruce Schneier, CFAA, Amy Coney Barrett


Behind Every Fraud Is A Mountain of Truth

“A lie gets halfway around the world before the truth has a chance to get its pants on” (uncredited). Similarly, such criminal leverage appears in other forms. For example, one guy with a shoe bomb is responsible for 100 million people removing their shoes every time they get on an airplane – 20 years later. […] The post Behind Every Fraud Is A Mountain of Truth appeared first on The Ingenesist Project.
Tags: Sales, Fraud, Gamification, Blockchain, General Information


Sassa official in fraud probe is promoted

Totsie Memela-Khambula has been accused of promoting a senior manager who is implicated in a R1.3m corruption probe The post Sassa official in fraud probe is promoted appeared first on The Mail & Guardian.
Tags: Corruption, Fraud, National, Sassa, South Africa (country, Subs-only, Totsie Memela-Khambula, Mbeu Protection Services, MJ Communications, Paseka Letsatsi, Sonke Sibahle Projects, Wapras Trading and Projects


Hackers are targeting employees returning to the post-COVID office

With COVID-19 restrictions lifting and employees starting to make their way back into offices, hackers are being forced to change tack. While remote workers have been scammers’ main target for the past 18 months due to the mass shift to home working necessitated by the pandemic, a new phishing campaign is attempting to exploit those who have started to return to the physical workplace. The email-based campaign, observed by Cofense, is targeting employees with emails purporting to come from their...
Tags: Google, Security, Crime, Email, Microsoft, Internet, Tech, CIO, Fraud, Cybercrime, Social Engineering, Phishing, Outlook.com, Identity Theft, Spamming, Fancy Bear


Beware of Government Job Recruitment Frauds

Beware of Government Job Recruitment Frauds Beware of Sarkari Naukri Scams Government Job (Sarkari Naukri) gives a defined career progression and longevity in the career. It also gives a responsibility to serve the nation and to work for the welfare of the common people. Sarkari-Naukri Government Job Fraud Government Jobs in India give you a very challenging environment to work in. Therefore, Government Job has got respectability in Indian society and hence educated youth desire to get......
Tags: Jobs, India, Fraud, Manisha, Examination, Government Job, Sarkari-naukri, Recruitment Examination


6 Pandemic-Era Travel Scams and How to Avoid Them

Some 53% of Americans are planning at least one trip this summer, and scammers will be following them every step of the way. Whether you’re booking flights or rental cars online; at the airport; or even in your hotel room, scams are everywhere. And we’re not just talking about garden-variety phishing texts, either—as…Read more...
Tags: Crime, Fraud, Marriott, Airbnb, Human Behavior, Lifehacks, Social Engineering, Zillow, Spamming, Trulia, Vacation Rental, Global Entry, TSA Precheck, United States Department of Homeland Security, Business Finance, Confidence Tricks


DA councillor implicated in food relief fraud continues daily chores as case runs its course

The speaker of City of Cape Town says no sanctions are considered against City’s ward councillor, as yet The post DA councillor implicated in food relief fraud continues daily chores as case runs its course appeared first on The Mail & Guardian.
Tags: Politics, City, Fraud, Cape Town, Speaker, Mayor, Money Laundering, Western Cape, Hawks, DA, Democratic Alliance, Dan Plato, Top Six, City of Cape Town, South Africa (country, Emma Powell


Hawks confirm that DA Western Cape councillor remains a suspect in food relief fraud case

Nora Grose is being investigated for alleged fraud and money laundering despite the Hawks incorrectly implicating her in a joint investigation The post Hawks confirm that DA Western Cape councillor remains a suspect in food relief fraud case appeared first on The Mail & Guardian.
Tags: Corruption, Politics, Fraud, Money Laundering, Hawks, DA, Democratic Alliance, Directorate for Priority Crime Investigation, Top Six, DA Western Cape, City of Cape Town, South Africa (country, COVID-19, Nora Grose, Food Relief Programme, Philani Nkwalase


Forter raises $300M on a $3B valuation to combat e-commerce fraud

E-commerce is on the rise, but that also means the risk, and occurrence, of e-commerce fraud is, too. Now, Forter, one of the startups building a business to tackle that malicious activity, has closed $300 million in funding — a sign both of the size of the issue, and its success in tackling it to date. The new funding, a Series F, values Forter at $3 billion — notable not least because the funding is coming only about six months since Forter’s previous round, a $125 million Series E that valued...
Tags: TC, Ecommerce, New York, Enterprise, Funding, Tel Aviv, Tech, Risk, Fraud, Tiger Global, Instacart, Tiger Global Management, Priceline, Scale Venture Partners, ARR, Forter


These Popular Android Apps Are Putting User Data at Risk

According to a report by Check Point Research, many popular Android apps put your personal data at risk due to poorly secured third-party services.Read more...
Tags: Android, Google Play, Smartphones, Fraud, Software, Security Breaches, Computing, Lifehacks, Password Manager, Operating Systems, Identity Theft, Mobile App, Check Point Research, Universal Windows Platform Apps, Technology Internet


Is Cash App safe? Yes, but there are certain drawbacks to using it, and several ways to keep your money secure

Cash App provides several security features, like Venmo and PayPal, but falls short in some areas when compared to a traditional bank account. SOPA Images/Getty Images Cash App is relatively safe due to its encrypted transactions, and the app has certain security features and protections. You should enable the app's security features and be aware of the potential for scams and fraudulent transactions. You should also avoid using Cash App as a replacement for a bank account as your ba...
Tags: Security, Trends, Paypal, Balance, Fraud, Payments, Bank Account, Venmo, Debit Card, Don, FDIC, John Smith, Chris Taylor, Kim Komando, Dave Johnson, Paypal Venmo


DA councillor arrested for allegedly defrauding food relief project

Nora Grose is accused of using R170 000 intended for a food relief project in Cape Town for personal gain The post DA councillor arrested for allegedly defrauding food relief project appeared first on The Mail & Guardian.
Tags: Politics, Fraud, Cape Town, Mayor, Money Laundering, Openaccess, Hawks, Democratic Alliance, Directorate for Priority Crime Investigation, Dan Plato, Top Six, City of Cape Town, Coronavirus, COVID-19, Atlantis magistrate court, Nora Grose


Tekkie Town’s Steinhoff fight: ‘We will get our business back’

Bernard Mostert on the ordeal of losing a business he helped built and the fight to get it back The post Tekkie Town’s Steinhoff fight: ‘We will get our business back’ appeared first on The Mail & Guardian.
Tags: Business, Fraud, Pwc, PricewaterhouseCoopers, Pepkor, JSE, Johannesburg Stock Exchange, Liquidation, Steinhoff, Markus Jooste, Tekkie Town, South Africa (country, Syd Vianello, Subs-only, Bernard Mostert, Braam van Huyssteen


Here's how an accused crypto fraudster known as the 'CryptoQueen' allegedly started a $4 billion Ponzi scheme and went on the run with 230,000 bitcoin

OneCoin event in Wembley, London. Youtube. Ruja Ignatova is the co-founder of the now-defunct OneCoin, and is known as the "CryptoQueen." Ignatova allegedly operated a Ponzi scheme that took $4 billion from investors. She's now on the run from the FBI and is reported to have $500 million and 230,000 bitcoin. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. On June 11, 2016, Ruja Ignatova walked onto the stage at The SSE Arena in London to hundreds of cheering f...
Tags: New York, London, Germany, India, Court, US, Trends, Markets, Fraud, Fbi, Bitcoin, Alicia Keys, Dubai, Manhattan, Bulgaria, Ponzi Scheme