MoneyGram settles with 49 States and DC over transmitting money from fraud victims to fraudsters; to pay $13 million

Trump issues Executive order to crack down on ticket scalping and undisclosed fees to event tickets

Tools and resources available to scammers to ease their work

A scam by any other name would smell as bad.  One thing I’ve been encountering are attempts to come up with new names for old scams, even when there is no apparent reason for that. For example, Chainalysis is reporting that the largest fraud they see come from  “automated push payments,” which appears to be no more than fraud victims sending money to fraudsters from their banks. So why the use of this new terminology?  I’ve similar concerns about the use of terms like “smishing” (scam text messages seeking data) and vishing (same, but through a phone call). 

I don’t see how use of these terms really helps the public understand what is going on.  Are these just a bit too clever?  Is there any way such terms actually help?  

Full report here