Today’s Fraud News from around the world:
8 Ways to Protect Members From CARES Act Stimulus Scams: CUs should educate consumer and business members on best practices for sidestepping inevitable stimulus payment-related scams.: “Fraud” – BingNews
SEON suggests best approach for fraud prevention during the Covid-19 outbreak: The Covid-19 outbreak has forced the retail industry to adapt to different ways of operating, as physical stores and highstreets close for business, while countries around the world are in lockdown.: “Fraud” – BingNews
Audit: No fraud found, but DHS needs to update antiquated systems: As the Oklahoma Attorney General has called for an investigative audit of one state agency, officials with another say they have received the results of their audit.: “Fraud” – BingNews
Anti-Trump conservative group presses for expanded vote-by-mail in November: CNN — The political battle over vote-by-mail is heading to the airwaves. An anti-Trump conservative group that advocated for President Donald Trump’s impeachment is releasing new television ads …: “Fraud” – BingNews
Adidas files suit against Brian Bowen II’s father, 2 others: Adidas has filed cross-claims against former five-star recruit Brian Bowen II’s father, one of its former grassroots consultants and a financial advisor, alleging they conspired with some of its …: “Fraud” – BingNews
Bank Admits Money Laundering Role in FIFA Scandal, Pays Over M as Punishment: An Israeli bank and its Swiss subsidiary agreed to pay over $ 30 million for their role in conspiring to launder more than $ 20 million in kickbacks to soccer officials …: “Fraud” – BingNews
How to avoid iTunes gift card scams: As loopy because it sounds, scammers are calling individuals pretending to be from her Majesty’s Revenue and Customs and ask for the 1 that is within the …: “Fraud” – BingNews
FEMA Urges Survivors To Guard Against Identity Theft And Fraud: Sometimes, survivors who try to register with FEMA discover that someone has already registered using their name. Scammers may contact survivors who have not registered with FEMA and try to extract …: “Fraud” – BingNews
10 Best Payment Tools For Small Business in 2020: These are the best payment tools for small business to use in 2020, including startups, freelancers, and other small businesses.: “Fraud” – BingNews
Crazy Rich Asians 2 Casting Scam Leaves Director Jon M. Chu Feeling Disgusted: Jon M. Chu is not casting the ‘Crazy Rich Asians’ sequels, there has been no development, no scouting and there’s not even a script for a sequel to the hit movie.: “Fraud” – BingNews
Fraud Prevention Tip: Here’s the harsh reality: Fraud and scam in online space is inventing and reinventing itself. There’s no stopping it. The Nilson Report states that since 1993 there has been a mounting 23% increase in e-Commerce fraud yearly. The rising number are putting online merchants at great risks. Identity theft protection services become essential when credit card and identity theft fraud is on its peak, especially during the two holiday seasons: Black Friday and Christmas. While everyone awaits Christmas gifts, online merchants dread charge-back notifications.