Monday, November 28, 2022

COVID-19 Fraud

The COVID-19 pandemic is causing us to navigate unchartered waters. Fraud related to this outbreak is no exception. Get the latest headlines here to stay informed.

The Make It Fraud Company

Jason Carl Pears was having a difficult time during the pandemic, according to his lawyer in Southern District of Alabama federal court on August 26th.  But it was no excuse for concocting not one but two schemes to steal more than $1 million from...

Committing Fraud to Pay for Another Fraud

Like most of the fraudsters who scammed the COVID-19 Economic Injury Disaster Loan and Paycheck Protection Program, Amber and Anthony Bruey, proud parents of four in Lehigh Acres, FL, developed a standard scheme to bilk the United States taxpayers. What puts Amber and Anthony...

“Gotta Catch ‘Em All”

“Gotta Catch 'Em All” should be the slogan for pursuing all investigations into potential COVID-19 funding fraud. It is actually the English slogan for the Pokémon franchise. Committing fraud is what Vinath Oudomsine was trying to do when he bought the first-edition Pokémon trading...

ENVISIONING a FUTURE Without Fraud

The CAREs Act was established to provide economic assistance during the global health pandemic. One of the most important pieces of that Act was the PPP loan, which was set up to provide immediate financial assistance to businesses in the form of a Small...

Social Media As A Weapon

Research by Global WebIndex shows that 58.4% of the world’s population uses social media with average daily usage at 2 hours and 27 minutes (January 2022). The power of social media brings the ability to connect and share information with anyone on Earth, or with...

Credit Where Credit Is Due

Fraudsters know a good accountant when they see one, which is probably why Mustafa Qadiri, charged with $5 million COVID-19 Paycheck Protection Program fraud, used Bernard Turk instead as his accountant. On July 15, 2022, Turk, a San Fernando Valley accountant pleaded guilty to...

Scams You Haven’t Even Dreamed Of

In the movie “Shawshank Redemption” the lead character, a prisoner named Andy famously says “He’s got scams you haven’t even dreamed of. Kickbacks on his kickbacks. There’s a river of dirty money running through this place.” That is what you could say about real...

One Stolen ID, Three Frauds

On June 11, 2022, the FBI announced that they had shut down a series of websites making about $19 million in revenue by selling stolen data. These websites located on what is called “the DARK web” were selling around 24 million stolen Social Security...

Why Can’t They Work?

Veldreka L. Crockett had one job and one job only, to determine the Medicaid eligibility of incarcerated individuals in the Commonwealth of Virginia. But fraudsters see expansion opportunities when the rest of us don’t, and Crockett saw opportunity with the pandemic and unemployed prisoners. Crockett...

Committing A Fraud As A Fraud

In spring of 2022, the Labor Department testified at a congressional hearing that they estimated there could have been “at least” $163 billion in unemployment-related “overpayments,” an estimate that includes wrongly paid sums as well as benefits obtained by malicious actors. One such malicious actor...
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