Monday, February 6, 2023

COVID-19 Feature: Softening the Blow

COVID-19 dealt a devastating blow to small businesses around the country as many states and cities forced closures in mid-March. Suddenly, doors were locked, open signs were flipped to closed, and former workers and small business owners began sheltering in place. To help ease...

[Fraud Trends Series] Trend #6: Identity Theft, DMV Fraud, and Document Fraud

The Federal Trade Commission’s Consumer Sentinel Network Data Book reveals that 29.4 percent of complaints filed with the online database in 2020 were related to identity theft. (That’s more than any other type of fraud reported.) Amongst the many types of identity theft fraud...

COVID Feature: Coronavirus Schemes Are Spreading Fast

The IRS Criminal Investigation (CI) division is warning taxpayers about increasing fraud from COVID-19-related schemes. These types of scams prey on fragile Americans during unprecedented circumstances. (Fraudsters won’t hesitate to abuse programs meant to help people through financially difficult times.) COVID-19-related scams vary in methodology...

COVID Feature: Rolling Into Fraud

The coronavirus pandemic has led to an increase in people registering with state Medicaid programs, which has corresponded with a spike in Medicaid related fraud. Medicaid fraud can take many forms as fraudsters pour their creativity into preying on the most vulnerable among us....

COVID Feature: The Fraud Pandemic

Fraudsters tend to exploit those who are most vulnerable. The nation as a whole is at risk due to the coronavirus pandemic and has become a victim of fraudsters seeking to take advantage of the situation for their own financial gain. The Inspector General of...

[Fraud Trends Series] Trend #2: Unclaimed Property Fraud

Have you ever been contacted by phone, email, text, or letter notifying you that you are entitled to unclaimed property? (It’s kind of like winning the lottery. Who wouldn’t like that?) There’s apparently so much unclaimed property out there that the National Association of...

[Fraud Trends Series] Trend #5: Vehicle Title Fraud

Many people work hard to save up to pay cash for their vehicles only to be duped by fake title scams. In an era where online car buying is common, it’s easy for criminals to hide behind websites that make everything look legitimate. (It’s...

COVID Feature: Another Day, Another Dollar

More than a year has passed since the coronavirus was discovered in a Chinese seafood and poultry market. Approximately three months later, the U.S. declared the viral outbreak a national emergency. Fraudsters, who recognize a nefarious opportunity when they see one, wasted no time...

Fraudsters Need Not Apply

With the assistance of four co-conspirators, a married couple from India thought they could scam the government by applying for more than $20 million in illegal immigration benefits under the H-1B visa program, but their plan was exposed and now they are looking at...

COVID Feature: Ransom

COVID-19 seems to be bringing out the worst in fraudsters. A new cyber blackmail scheme targets unsuspecting people online and threatens to infect their victims and families with COVID-19 if they refuse to pay a ransom. (There’s no doubt that innovative fraudsters are definitely...
- Advertisement -

Get Your Fraud Fix!

Five days a week wake up to the most current fraud article in your inbox.