Today’s Fraud News from around the world:
Tequila Entrepreneur Pleads Guilty to Fraud: A New York-based entrepreneur has pleaded guilty to fraudulently soliciting investment in his startup tequila business.: “Fraud” – BingNews
Frauds in Financial Institutions and How Technology is doing an amazing job in preventing them?: Negligence and cash shortages . Cheating And Forgery. Irregularities In Foreign Exchange Transactions. Any Other Type Of Fraud Not Coming Under The Specific Heads As Above. Technological Backwardness …: “Fraud” – BingNews
Burmese Coup Leaders Levy New Charges Against Aung San Suu Kyi; Freed U.S. Reporter Speaks Out: In Burma, the military junta which seized power in the February 1 coup, has charged overthrown civilian leader Aung San Suu Kyi with “election fraud and lawless actions”. Aung San Suu Kyi has been …: “Fraud” – BingNews
Europe cracks down on illegal waste exports, eases intra-EU trade: The European Commission put forward new rules on Wednesday (17 November) to crack down on the illegal shipment of waste to foreign countries, while easing procedures to trade recycled materials within …: “Fraud” – BingNews
Is Business Email Compromise the King of Scams?: Make no mistake, consumer scams are undoubtedly a major threat, however the heavy focus on them overshadows stories about how Business Email Compromise (BEC) scams are causing a great deal of damage …: “Fraud” – BingNews
Two Jamaicans sentenced to prison for defrauding US citizens in lottery scam: Two Jamaicans who pleaded guilty to participating in a lottery scam that defrauded elderly victims in multiple states of more than US$ 700,000, were ordered to spend several months in United States …: “Fraud” – BingNews
Fraud protection and the international client – Marketwatch: MPs called on the government to introduce an international investor register to stop overseas buyers from using UK property for economic crime, reports suggested.: “Fraud” – BingNews
Illegal Immigrant who owned Clothing Factory Jailed: An illegal immigrant from India who rose to become the owner of a Leicester clothing factory has received a jail sentence. Lakhu Odedra, aged 35, of Leicester, was jailed for two years and three …: “Fraud” – BingNews
SHAREHOLDER ALERT: Kessler Topaz Meltzer & Check, LLP Reminds HEPS Investors of Securities Fraud Class Action Lawsuit: The law firm of Kessler Topaz Meltzer & Check, LLP informs investors that a securities class action lawsuit has been filed against D-MARKET Elektronik Hizmetler ve Ticaret Anonim ?irketi a/k/a …: “Fraud” – BingNews
Theranos Trial: Brian Grossman Says Elizabeth Holmes Lied About Finger-Prick Tech And Military Use: Elizabeth Holmes has pleaded not guilty to 12 counts of wire fraud and conspiracy to commit wire fraud. Grossman’s testimony underpins one of the wire fraud counts.: “Fraud” – BingNews
Fraud Prevention Tip: Credit Card Misuse – Getting access to someone’s credit card information via coercive methods or by hacking. This by far more common then people would expect, given that there are so many checks by banks and financial institutions. The most common place it is used is online since POS and face-to-face transactions have become difficult due to measures taken by issuers of these cards.