A Washington state man has been charged in connection with a wide-ranging bank fraud scheme that targeted multiple financial institutions by exploiting weaknesses in account onboarding and authentication processes. According to the U.S. Attorney’s Office for the Western District of Washington, the defendant opened dozens of checking and savings accounts using stolen and manipulated identity […]
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What is Fraud of the Day? Most people play by the rules. They pay their taxes. If eligible for a tax break or government benefits, they request only that to which they are entitled. Then there are others, scammers and fraudsters—who don’t play by the rules and are abusing our government programs and stealing tax payer dollars. Each week, “Fraud of the Day” shines a light on these egregious fraudsters and the dedicated work by federal, state and local government agencies to stop their unlawful activities and make sure justice is served.