fraud
AI may make fraudulent schemes easier and faster to execute
Elon Musk said, “While AI has tremendous potential to transform industries, we must not forget the impact it could have on society and must work to mitigate potential risks.” The risk is here now. The Social Security Administration Office of…
Minimizing the Risk of Scams for People Living with Dementia
(Source -www.ssa.gov/blog) Financial crime against older Americans is a growing problem. People living with dementia are at an especially high risk of becoming victims of fraud and financial abuse. That’s why we’re grateful for Social Security’s unwavering commitment to combatting…
Improving Your Fraud Protection Through Digital Precautions
Over two million fraud cases were reported last year, and that may be just the tip of the proverbial iceberg. Many are not reported, possibly because of embarrassment or just not knowing what to do. The best course of action…
Investment Protection from Social Security
The Social Security Administration’s Erin Thompson in an article posted today on the News-Herald, outlines the SSA’s stance on fraud and the steps the agency takes to protect beneficiaries from the attacks of scammers, imposters, and the like. The post includes…
The Scammers Are Hard At Work, Scheming to Get Your Money
As the saying goes, never let a crisis go to waste (or something like that). And that’s a motto that is driving a whole new set of swindlers and con men to your door (and likely to your keyboard). The Federal Communications…
Scammers are Likely Ahead of the Curve
The Federal Trade Commission is expressing concern that, even while Congress is hammering out the details on financial relief for those affected by the coronavirus pandemic, crooks and scammers are busily plotting how they’re going to bilk unsuspecting folks out of…
Scammer Alert: The Crooks Are Taking Advantage of Coronavirus Hysteria
Even as the U.S. Senate scrambles to construct an appropriate package to combat the coronavirus pandemic’s economic impact, the scammers are busy looking for ways to fleece the unsuspecting. This post by the Federal Trade Commission’s Jennifer Leach leads with this…
The Capital One Breach…Understanding the Implications
By now, the massive security breach at Capital One is old news for many, leaving the 100 million or so affected U.S. customers to wonder what will happen next. Well, the investigations are starting, and the media pundits are aggressively…
H.R. 4005 – Tax Identity Protection Act Proposed to Address Computer System Shortfalls
Citing known deficiencies in the computer systems supporting the Taxpayer Identification Number Perfection Program, Rep. Buddy Carter (R-GA), and nine Republican co-sponsors late last week submitted H.R.4005, the Tax Identity Protection Act. The Act calls for the Internal Revenue Service to provide evidence…
Social Security Scams Hit the Top of the List in AZ
The scam going around that says your Social Security account has been suspended continues to plague Americans, so much so that www.abc15.com in Arizona has it in their top three most reported rip-offs. And it’s not only hitting seniors, as the…