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Posts Tagged ‘fraud’

Website selling fake coronavirus vaccine shut down by Justice Department

03.23.2020 · Posted in Technology Articles

The U.S. government is taking swift action on what is sure to be the first of many coronavirus-related scams. On Sunday, the Justice Department announced it had taken its first enforcement action in federal court to combat coronavirus-related fraud. ... ...

This researcher learned how “triangulation fraud” works when she bought a used Nespresso machine

Nina Kollars is a professor at the Naval War College inside the Strategic and Operational Research Department. Here she is at DEF CON 27 explaining how she learned about triangulation fraud when she started buying Nespresso pods on eBay at a discount. Not only did she get the pods, she also received a new Nespresso ...

$1 million stolen in UK coronavirus scams

Criminals are tricking people who want to buy protective masks

In the United Kingdom, vulnerable people who are afraid of coronavirus have lost more than 800,000 british pounds ($1 million in US dollars) to coronavirus scams in the last month.

One victim paid 15,000 pounds for anti-coronavirus masks that never arrived.

Britain's National Fraud Intelligence ...

Technology company co-founder reports car stolen to avoid mechanic’s bill

Rather than pay a large repair bill, a gentleman the Marin Independent Journal identified as "the co-founder of a San Francisco technology security firm" apparently reported the car stolen and received a nice insurance payout.

...and then the police found the car.

Marin IJ:

“Dhoopar told the CHP and his insurance company that the car was ...

Wells Fargo’s ex-CEO will pay $17.5m in fines and never work in banking again (but he is still very, very rich)

When John Stumpf (previously) was CEO of Wells Fargo, he oversaw a string of scandals including literally millions of acts of bank fraud, and still managed to walk out of the business with millions in bonuses and no criminal prosecutions.

He remains a multi-multi-multi-millionaire, but will have to surrender $17.5m in fines for his ...

Youtube’s Content ID has become the tool of choice for grifty copyfraudsters who steal from artists

Last year's EU Copyright Directive will require online services to install upload filters similar to Youtube's Content ID system, a $100m, voluntary tool that allows rightsholders to claim video and audio and either censor or earn money from any user videos that matches their claims.

At the time, opponents of this "filternet" proposal pointed out ...

Carriers ignore studies that show they **** at preventing SIM-swap attacks

Now that many online services rely on sending SMSes to your phone to authenticate your identify, thieves and stalkers have created a whole "SIM swap" industry where they defraud your phone company or bribe employees to help them steal your phone account so they can break into all your other accounts.

In ...

Court case lays bare KPMG’s crimes: poaching employees from its own regulators and making them steal government secrets

Capitalism has a foundational dependence on auditors -- outside entities who evaluate companies' claims about their financial state so that investors, suppliers and customers can understand whether to trust the companies with their money and business -- but those auditors are paid by the companies they're supposed to be keeping honest, and to make matters ...

Newton’s Principia Mathematica, George Washington’s journal: archivist stole $8m worth of rare books from Pittsburgh’s Carnegie Library

Gregory Priore -- former archivist for Pittsburgh's Carnegie Library -- has pleaded guilty of stealing $8m worth of rare texts from the collection over a 25 year period, fencing them through John Schulman's Caliban Book Shop (Schulman has also pleaded guilty, and admitted to forgery as well).

The thefts took place between 1992 and 2017 ...

More than 800 Russian academic articles retracted after “bombshell” report reveals plagiarism and other misconduct

After Antiplagiat, a private plagiarism detection company, accused Russia's scientific and scholarly journals of being rife with plagiarism, self-plagiarism, duplication and other misconduct, the Russian Academy of Sciences chartered a committee to investigate the problem: their report confirmed the accusations, finding more instances of plagiarism/self-plagiarism, as well as instances in which the same paper ...