House oversight Committee grills Walz, Ellison on Minnesota fraud – St. Cloud Times

• House Republicans held a hearing focused on alleged widespread fraud in Minnesota’s social safety net programs.
• Minnesota officials, including Gov. Tim Walz, defended their anti-fraud efforts and accused the Trump administration of political retribution.
• The hearing also addressed the Trump administration’s hold on millions in Medicaid funding to the state.

Republicans on the House Oversight Committee sought to turn the page Wednesday on the federal law enforcement surge that killed two U.S. citizens in Minneapolis and turned public opinion against the Trump administration’s immigration policy. They returned to a familiar…

CLICK HERE to read the FULL House oversight Committee grills Walz, Ellison on Minnesota fraud – St. Cloud Times article.

This remains the most prevalent form of financial crime globally. It targets the direct access points to your money: your cards and your bank accounts.

• Skimming: Criminals use small devices called “skimmers” placed over ATM or point-of-sale card slots to capture the data from your card’s magnetic strip.
• Card-Not-Present (CNP) Fraud: This occurs during online shopping where a physical card isn’t required. Thieves use stolen card numbers, expiry dates, and CVV codes to make unauthorized purchases.
• Account Takeover (ATO): A hacker gains access to your online banking credentials (often through malware or phishing) and changes the contact details or passwords, locking you out while they drain your funds.