Today’s Fraud News from around the world:
Matthew Cox Explains How He Did Million in Fraudulent Home Loans (Part 3): In this clip, Matthew Cox opened up about being caught with $ 2 million in bad loans from Pinnacle Bank Corp., and the bank sweeping it under the rug and knowing it was fraud. He …: “Fraud” – BingNews
Bank Hapoalim fined 4 million over US clients’ tax evasion, FIFA scandal: U.S. Justice Department says Israel’s biggest bank admitted assisting U.S. clients to evade taxes • Hapoalim to pay $ 874 million to settle tax evasion claims, $ 30 million over international soccer …: “Fraud” – BingNews
Combating coronavirus: UAE authority closes pharmacies selling fake sterilisers: The department detected the violations during inspections and seized the counterfeit products from the market to preserve the health and safety of people.: “Fraud” – BingNews
Trump replaces HHS watchdog who found ‘severe shortages’ at hospitals combating coronavirus: President Donald Trump moved to replace the top watchdog at the Department of Health and Human Services after her office released a report on the shortages in testing and personal protective gear at …: “Fraud” – BingNews
Anomaly Detection Market, Industry Insights by Growth, Emerging Trends and Forecast By 2023 , Influence of COVID-19: Global Anomaly Detection Market Research Report- by Service (Professional, Managed), Solution (Network Behavior, …: “Fraud” – BingNews
Anomaly Detection Market Research Report Top Companies, Driver, Existing Trends 2018-2023: Global Anomaly Detection Market Research Report- by Service (Professional, Managed), Solution (Network Behavior, …: “Fraud” – BingNews
Northern Ireland scam investigation leads to arrests: They say that detectives from the PSNI’s Economic Crime Unit searched two houses in South Belfast on Sunday (May 3) “as part of an ongoing investigation into recent scams targeting vulnerable people …: “Fraud” – BingNews
The U.S. must stop to blaming China for exposing the fraud of ‘American exceptionalism’: The Trump administration seeks to blame ‘someone’ for its messed up response to the Covid-19 pandemic. After first lauding China for its fight against the epidemic it started to bash it. A phone call …: “Fraud” – BingNews
3M Files Legal Actions Over False N95 Respirators, Stock Down 16% YTD: M (MMM) has filed five legal actions in federal courts concerning fraudulent offers from vendors to sell N95 respirators at highly inflated prices- all while pretending to be affiliated with 3M.In one …: “Fraud” – BingNews
Received an ‘accidental’ payment on a money transfer app? It may be a scam: Be aware that unlike credit cards, many digital wallet vendors will not shoulder the cost of fraud,” the BBB reported. “If you pay scammers using a digital wallet, you may not ever get reimbursed.” …: “Fraud” – BingNews
Fraud Prevention Tip: Consider how you pay. Credit cards have significant fraud protection built in, but some payment methods don’t. Wiring money through services like Western Union or MoneyGram is risky because it’s nearly impossible to get your money back. That’s also true for reloadable cards (like MoneyPak or Reloadit) and gift cards (like iTunes or Google Play). Government offices and honest companies won’t require you to use these payment methods.