NEWYou can now listen to Fox News articles!
I spend my days inside fraud networks most Americans never see — dark web forums, Telegram channels and marketplaces where stolen identities are bought and sold like commodities. I study them because understanding how these systems work is the only way to stay ahead of them.
What I’m seeing right now should concern every American.
Iran, North Korea, Russia and China are not just conducting cyberattacks against the United States. They are running coordinated financial fraud operations inside our system — deliberately, systematically and in ways our defenses were never designed to detect.
This isn’t ordinary crime. It’s statecraft.
ALARMING RISE OF FAKE LEGAL REQUESTS: WHAT IT MEANS FOR YOUR PRIVACY
Iran and its allies Russia, China and North Korea are using cyber crimes to push a financial war against the US. (Fox News)
While policymakers…
MANAGEMENT & CULTURE (THE “TONE AT THE TOP”)
Fraud thrives in “sloppy” environments where leadership ignores the rules.
- The Fraud Triangle: For fraud to occur, three elements must be present: Pressure (the need for money), Rationalization (thinking “I deserve this”), and Opportunity (weak controls). You can only control the Opportunity.
- Whistleblower Hotline: Provide an anonymous way for staff to report “odd behavior.” Most internal frauds are caught via tips, not audits.
- Background Checks: Conduct credit and criminal record checks for all employees in financial or data-sensitive roles.
- Annual Ethics Training: Make sure every staff member knows that the company has a Zero Tolerance policy toward “borrowing” from petty cash or fudging overtime.