Log In | Subscribe | | |

Financial Crime News

FCRO Subsection: 

The fraud is old hat. The bitcoin address is, presumably, valid and enforcement agencies may wish to track and attack it. And, of course, any financial institution which has records of it should identify it as a suspicious account.

1HQ7wGdA5G9qUtM8jyDt5obDv1x3vEvjCy

FCRO Subsection: 

It's that time again: PayPal spam-scam time. But even by the standards of badly constructed spam-scams, this one is bad. So bad it's funny and so bad that anyone who falls victim to it may just be too stupid to live. But the bigger danger is that it's not a phishing scam but a way of placing malware on victims' computers and if that happens they are being human not stupid.

FCRO Subsection: 

It's a story that has grabbed the headlines - a week after it was first published. One suspects that there was much fact-checking going on before a New York Times article that says US President Trump "participated..in outright fraud," a statement of such extraordinary bluntness that the mere fact that it appears in print is at least as shocking as the allegation itself. There are so many things to consider but in FinancialCrimeRiskOfficers.com, we are interested in a relatively narrow aspect of the story...

FCRO Subsection: 

Identity fraud is usually a relatively unsophisticated operation. Usually, but not always. Kenneth Gibson of Reno, Nevada, USA, was not a usual suspect.

Image courtesy USA FBI Las Vegas field office.

FCRO Subsection: 

The Hong Kong Monetary Authority (HKMA) has issued warnings relating to fake websites and/or phishing attacks on customers of three banks: China Citic, OCBC Wing Hang and Bank of China.

FCRO Subsection: 

"Attention: Nigel Morris-Cotterill

This is an exclusive notification from the District Court of Basel-Stadt (Strafgericht des Kantons Basel-Stadt).
We regret to inform you that your identity has been compromised in an identity theft scheme recently uncovered here in Switzerland."

I am soooooooooooo convinced.

FCRO Subsection: 

It's the fault of Hollywood and TV producers everywhere, with a bit of help from the tabloids and the over-excitement of both American politicians and law enforcement: as soon as someone mentions "cartel," thoughts jump to major drugs gangs. It's the same problem that led to a survey result in the UK where children thought the emergency telephone number is 911 (it's 999 and there are also European standard numbers that start with a 1 but no one can be bothered to remember them). In the vast majority of cases, the word "cartel" doesn't relate to drugs gangs at all. In relation to the way people conduct business by means of illegal collusion. That might not be as "sexy" as the idea of bankers being dragged to jail with their noses still covered in white powder but the ramifications of...

FCRO Subsection: 

bolor@euroexchangesecurities.co.uk
*Swift Outward Transaction Report*

FCRO Subsection: 

Lessons in taking screenshots. After I wrote about Skype's pricing scheme, I logged onto Skype to see a message saying that my transaction remained outstanding. I clicked on it and was surprised: it had been adjusted to show that I should pay GBP10, not GBP12. OK, I thought, click to buy. How I wish I'd been realistic (some may say sceptical) and taken a screen shot. Previous story: Credit card companies should beware of payments to Skype.

FCRO Subsection: 

Ben Jayaweera, of Upper Mt Gravatt, has today appeared in the Brisbane Magistrates' Court charged with six counts of fraud involving approximately AUD5.9 million.

Pages

 


 

hahagotcha