Today’s Fraud News from around the world:
Three top Texas GOP officials who oppose expanding mail-in voting have each used it: Texas’ top Republican officials call absentee voting a recipe for fraud and are fighting efforts to expand it during the coronavirus pandemic. But the governor, lieutenant governor and attorney …: “Fraud” – BingNews
Couple Accused Of Stealing Million From Medicaid To Fund Lifestyle: Latisha and Timothy Mark Harron were arrested on Wednesday on seven charges including conspiracy to commit health care fraud and wire fraud, health care fraud, aggravated identity theft, …: “Fraud” – BingNews
Fact check: Will Californians be able to vote by mail in November?: Gov. Gavin Newsom’s May 8 executive order directed legislators and the secretary of state to figure out mail-in and in-person voting for Election Day.: “Fraud” – BingNews
This medical fraud’s miracle cure involved transplanting goat testicles into humans: In case injecting bleach and taking a potentially deadly malaria drug wasn’t enough bad medical advice for you.: “Fraud” – BingNews
Elaborate scam concocted by convicted South Shields fraudster: A FRAUDSTRESS spun a web of lies involving oil and gas companies in Panama, Kuwait, UAE and Australia. Dawn Parker concocted an elaborate scam, falsified emails, created false invoices and billed …: “Fraud” – BingNews
Businesses warned over scams as fraudsters aim to take advantage of crisis: Businesses in County Durham are being urged to stay vigilant against scams and fraud during uncertainty caused by the coronavirus pandemic.: “Fraud” – BingNews
TV Licence Scam: Warning signs Britons should look for as cyber crime rises in lockdown: TV LICENSING has been hit with a shocking new scam which seeks to bombard members of the public with fraudulent messages, and Britons have been advised to remain on the lookout.: “Fraud” – BingNews
Diego Costa: Atletico Madrid forward to face trial for alleged tax fraud: Diego Costa is set to face trial for alleged tax fraud on June 4, a week before Atletico Madrid resume their La Liga campaign.: “Fraud” – BingNews
Coty stocks plummet after Kylie was kicked off Forbes’ Billionaire list: Company with controlling stake in 22-year-old’s cosmetic brand takes a hit after she ‘inflated the …: Shares in the cosmetic company, Coty, plummeted 13 percent on Friday after Forbes magazine said they believed Kylie Jenner, 22, had ‘inflated’ the value of her own beauty firm.: “Fraud” – BingNews
Twitter boss Jack Dorsey defends decision to fact-check Trump after Mark Zuckerberg criticism: Twitter founder Jack Dorsey has hit back at comments made by Facebook boss Mark Zuckerberg in a row over fact-checking. It came after Mr Zuckerberg said his influential platform, which reportedly has …: “Fraud” – BingNews
Fraud Prevention Tip: Scrutinise the payment methods – As an online retailer you need to know the types of payment methods and their pros and cons in terms of your business. For example regular credit cards (AMEX) tend to favour the cardholder in disputes (chargebacks sound familiar)? But they are still the most widely used payment method and you do have to look at the convenience of your customer. Paypal on the other hand is a more merchant friendly option and has advanced scam protection features and advanced machine learning capability that actively works to mitigate scam risk. On the other hand Paypal also authorises chargebacks it’s not totally fool proof. Cryptocurrencies are another popular payment method; the blockchain tech makes it nearly impossible for forced refunds and since there are records of all transactions it is undeniable by the customer. On the negative side the value of cryptocurrencies is quite volatile so what’s it worth today it might hold the same value the next day or it could be worth more.