Today’s Fraud News from around the world:
Mike Lindell’s social media site Frank is plagued by issues making it impossible to sign up Monday morning: The new site from the MyPillow CEO was originally supposed to launch and allow people to sign up last week, but was pushed back to Monday.: “Fraud” – BingNews
London Capital & Finance bondholders angry at having to fund 20% of losses in Treasury compensation scheme: London Capital & Finance bond investment scheme will be paid £120 million in compensation by the taxpayer after the Financial Conduct Authority failed to protect them from being ripped off. However, …: “Fraud” – BingNews
Dani Dyer’s boyfriend could face jail after admitting to defrauding pensioners: Dani Dyer’s boyfriend Sammy Kimmence could face a possible prison sentence after admitting to defrauding two pensioners out of more than £30,000. The 25-year-old, who welcomed his first child with …: “Fraud” – BingNews
Deutsche Bank board member investigated over alleged insider trading: Germany’s financial regulator has reportedly filed a criminal complaint against a Deutsche Bank board member over alleged insider trading of …: “Fraud” – BingNews
Inside the life of ‘serial con artist’ Tracii Show Hutsona who ‘funneled m from NBA star’s ex’: Tracii Show Hutsona, 52, of Phoenix, Arizona, has been charged with wire fraud and aggravated identity theft. Her alleged victim was Joumana Kidd, the ex-wife of former NBA player Jason Kidd.: “Fraud” – BingNews
Business Round-Up: Danes among the biggest victims of card fraud in Europe: Talking of criminals, the minister for development co-operation, Flemming Møller Mortensen, has been summoned to a consultation at Parliament on Tuesday to answer questions regarding how the state …: “Fraud” – BingNews
Washington DC pastor charged in .5M PPP loan fraud: Rudolph Brooks, Jr., 45, was arrested earlier this month in Washington DC after allegedly faking tax returns and payroll forms to apply for the loan under the federal government’s CARES act.: “Fraud” – BingNews
Only criminals profit from turf wars in global law enforcement: It also distracts from a bigger issue highlighted by Unaoil’s case: the importance of national enforcement agencies collaborating if there is to be any success in combating international corruption …: “Fraud” – BingNews
Mastercard to buy digital ID verification firm Ekata in 0 million deal: Mastercard Inc said on Monday it had agreed to buy digital identity verification company Ekata in a deal valued at $ 850 million, as the global payments processor bets on a boom in demand for companies …: “Fraud” – BingNews
Dani Dyer’s boyfriend admits defrauding pensioners: DANI Dyer’s boyfriend Sammy Kimmence could face a possible prison sentence after admitting to defrauding two pensioners out of more than £30,000. The 25-year-old, who welcomed his first child with …: “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.