My new study for the Better Business Bureau: Gift Card Payment Scams
- Gift cards are now the top payment methods for complaints to the FTC (excepting online purchases)
- BBB complaints from people who paid with gifts card triples in last two years
- Providing numbers from the back of cards is like sending cash
- Most common cards scammers ask for are eBay, Google Play, iTunes, Amazon and Target
- Older people more likely to be victims
Claim forms are going out for the $125 million settlement between MoneyGram and the FTC/DOJ
FINRA releases study on chronic fraud victimization and steps to intervene
Virus Benefit Theft
- DOJ warns of fake websites that capture your information in applying for unemployment benefits
- Fresno: Two indicted for unemployment benefit fraud; ran operation from prison
- Boston: Man arrested for PPP fraud
- Florida couple pleads guilty to PPP fraud; pretended to be farmers; got $1.1 million
- Massachusetts: Man arrested for fraud in getting unemployment benefits through ID theft in Nevada
- Massachusetts: Man arrested for fraud in PPP and EIDL loans
