Today’s Fraud News from around the world:
Federal Agencies Warn of Emerging Fraud Schemes Related to COVID-19 Vaccines: Department of Health and Human Services Office of Inspector General (HHS-OIG), and Centers for Medicare & Medicaid Services (CMS) are warning the public about several emerging fraud schemes related to …: “Fraud” – BingNews
‘A real mess’: Trump is leaving behind crises and undermining Biden before he takes office: In a situation without precedent in American history, one president is ending his term amid a global emergency while seeking to delegitimize a successor — and floating the prospect of mounting a …: “Fraud” – BingNews
WSJ Wealth Adviser Briefing: Fractional Shares, Ad Fraud Scheme, Hawaii Covid Rules: Measuring whether fractional shares have been good or bad depends on how they are used; ad fraud has infiltrated streaming TV, and Hawaii opened to tourists again but with strict pandemic rules.: “Fraud” – BingNews
Ventilator Co. Strikes .5M Deal To End Feds’ Fraud Suit: A medical equipment provider agreed to pay $ 40.5 million to end prosecutor claims that it charged federal health programs the costs of medically unnecessary ventilators, the U.S. Department of Justice …: “Fraud” – BingNews
Trump considering options to overturn 2020 presidential election result: Reports: Amid coronavirus vaccine approvals and rollout, surging case numbers and spiraling deaths, and an economy in limbo, the United States President is reportedly holding private meetings at the White …: “Fraud” – BingNews
‘Tis the season…for scams and malicious campaigns: As this holiday season approaches, the Office of Special Investigations (OSI) Detachment 106 would like to remind everyone to be aware of potential scams and malicious campaigns, particularly when …: “Fraud” – BingNews
Supermarket spend, consumer confidence, viewing habits: 5 interesting stats to start your week: We arm you with all the stats you need to prepare for the coming week and help you understand the big industry trends.: “Fraud” – BingNews
FCA admits ‘mistakes’ after scathing reports on mini-bond and collapsed fund scandals: Two independent investigations into the Financial Conduct Authority’s (FCA) handling of the London Capital Finance (LCF) mini-bond mis-selling and the collapse of the Connaught …: “Fraud” – BingNews
Nirav Modi’s brother Nehal charged with .6m Diamond Fraud: Nehal Modi, the younger brother of wanted PNB fugitive Nirav Modi has been indicted in a diamond fraud case in a New York Supreme Court.: “Fraud” – BingNews
Coffee chain misdoings alerted regulators to potential irregularities with overseas companies listed in the US: Coffee chain misdoings alerted regulators to potential irregularities with overseas companies listed in the US Luckin Coffee will pay a $ 180m fine to settle accounting fraud charges as the US …: “Fraud” – BingNews
Fraud Prevention Tip: Although new types of extortion schemes and scams come up as technology advances and more loopholes are discovered everyday, the majority of the scams that afflict online businesses can be summed up by the following — identity theft, credit card misuse, document forgery and the friendly foe dilemma. By ensuring a safeguard against these, merchants can easily secure fraud prevention.