Virus Benefit Theft
- Boston: Man indicted for PPP and EIDL loan fraud
- GAO report says no real fraud risk analysis has yet been done
- Tampa: Two charged with PPP and EIDL fraud
- Maryland: Man charged with getting $1.5 million in PPP funds and trying to get more; authorities move to seize assets in bank and a Tesla
- How civil cases by DOJ may be the best approach for simple errors in applications for PPP benefits
- Cincinnati: Four charged with PPP fraud, including local mayoral candidate
- Michigan: Five charged with PPP fraud
- Salt Lake City: Man pleads guilty to PPP fraud and also to bribery charges
- Chicago: Suburban tax preparer indicted for helping others do PPP fraud resulting in millions lost
Review and Recommendation: A great movie is House of Games, a David Mamet play made into this movie starring Joe Mantegna. How even a very bright psychiatrist can be taken in by a good con.
US databases begin sharing complaints again. The FBI’s IC3 at one time contributed its complaints to the FTC’s Consumer Sentinel system, making it easier to search for complaints and do analysis. Some years ago this ended. But the two are now sharing at least some complaints once again. As the FTC recently said: “This year, the FTC welcomed the data contributions of the FBI’s Internet Crime Complaint Center, the Florida Department of Agriculture and Consumer Services, and the Connecticut Department of Consumer Protection. Twenty-five states now contribute to Sentinel.” Note though, that the amount of data shared seems to be limited.
Studies I’ve done for BBB can all be found here. Here are links to some of the study topics: puppy fraud, tech support fraud, romance fraud money mules, apartment rental, crooked movers, government imposters, online vehicle sale scams, rental fraud and gift cards.
Full report here