Los Angeles: Man and two Chinese men sentenced to 15, 10 and 8 years for laundering gift cards from phone fraud victims; handled over 5000 cards that were liquidated at Target stores
Biden administration announces “strike force on unfair and illegal” prices to be headed by FTC and DOJ antitrust division; to focus on prices of drugs, housing, food, and financial services
DOJ indicts seven hackers from the Chinese government; targeted journaliss, politicians and companies perceived as critics of Chin
Crypto romance ALERT. We really need to increase education on this one. I think it is now the most common fraud in the world. Losses to this fraud last year were more than those from all frauds together just four or five years ago. IC3 reported $4 billion lost to romance fraud; it had total losses for all frauds of $3.5 billion in 2019.
Full report here
