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FBI investigates Argentine Football Association for fraud and more
The FBI is investigating the Argentine Football Association for possible fraud and money laundering in the U.S.; a woman accused of posing as a registered nurse in Texas and New Mexico faces dozens of charges in both states; a woman in Las Vegas, Nevada, is arrested and charged for bigamy and obtaining more than $100,000 under false pretenses; and Hollywood director Carl Rinsch receives a prison sentence for defrauding streaming giant Netflix out of $11 million.
Written By: Stefanie Hallgren, CFE
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- Fraud Schemes
- Identity Theft
- Money Laundering
Fraudsters circumvent phishing links with text messages, offer credit card interest rate reductions in new ID theft schemes
Recent fake job recruitment schemes are stealing victims’ personal information with prompts to respond via text message rather than click on malicious links. Scammers are also extracting identity information from victims with fake offers to reduce credit card interest rates. Plus, a new twist on an old investment scheme.
Written By: Robert E. Holtfreter, Ph.D., CFE
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- Consumer Fraud and Scams
- Fraud Prevention and Deterrence
- Identity Theft
$285 million gone: Drift Protocol breached and more
Fake illnesses fuel a $20 million Mount Everest insurance scam. Crypto‑funded fake IDs land OnlyFake's founder in court. Authorities uncover digital arrest fraud in India. Drift Protocol's April Fool's Day breach results in losses of about $285 million.
Written By: Crystal Zuzek, CFE
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- Cyberfraud
- Fraud Schemes
- Identity Theft
From billions lost to billions saved: A blueprint for beating synthetic IDs
Synthetic identity theft, in which fraudsters stitch together real and fake identification details to create a brand-new identity, is now the fastest growing fraud threat across the globe. Here, the authors present a plan for crushing synthetic identities that could help organizations prevent billions of dollars in losses.
Written By: Dustin J. Eaton, CFE, Frank McKenna
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- Anti-Fraud Laws Regulations and Compliance
- Cyberfraud
- Identity Theft
Protecting kids online and safeguarding tax data
Many countries are considering banning kids’ social media accounts. Australia has already taken the leap. But for all other wary parents, here’s help to protect their children from ubiquitous scams on their devices. And with U.S. tax season approaching, here are ways to safeguard tax professional firms and their clients from identity theft.
Written By: Robert E. Holtfreter, Ph.D., CFE
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- Consumer Fraud and Scams
- Cyberfraud
- Identity Theft
Lessons in student loan fraud
In 2025, the U.K.’s education secretary ordered an investigation into allegations of millions of pounds of student loans claimed by a suspected network of fraudsters. Meanwhile, the U.S. Department of Education introduced measures to curb rising identity theft and fraud in federal aid programs. With high-profile cases of organized crime exploiting funds meant for students, Fraud Magazine examines fraud in school financial aid and strategies for prevention and detection.
Written By: Anna Brahce, CFE
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- Fraud Investigation and Examination
- Fraud Prevention and Deterrence
- Identity Theft
Blank slates: Child identity theft is a repository for cyber criminals
Children are the perfect victims of identity theft because of their lack of credit history. Criminals can exploit a child’s identity for years until the fraud is discovered, usually when the child gets older and applies for loans, jobs or a credit card. Fraud Magazine examines the rise of the crime and methods fraudsters use to carry it out.
Written By: Crystal Zuzek, CFE
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- Consumer Fraud and Scams
- Criminology and Psychology
- Identity Theft
Faking Amazon refunds for PII and more
Fraudsters always find new ways to steal PII and money. This time, they’re sending customers to fake websites for fake Amazon refunds and putting a 21st century twist on a classic jury duty scheme. Plus, the FBI cautions that identity thieves are revictimizing people by posing as lawyers offering to recover funds for crypto investment scheme victims.
Written By: Robert E. Holtfreter, Ph.D., CFE
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- Consumer Fraud and Scams
- Fraud Prevention and Deterrence
- Fraud Schemes
- Identity Theft
Watch out for scams involving discount utility services, million-dollar prizes and unemployment benefits
The latest identity theft schemes involve convincing victims to pay with gift cards to receive steep discounts on utility services, paying to claim a million-dollar prize and using stolen identities to file unemployment claims.
Written By: Robert E. Holtfreter, Ph.D., CFE
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- Fraud Prevention and Deterrence
- Fraud Schemes
- Identity Theft
Be alert to Medicare hospice fraud and new mobile job-offer cons, plus spot phishing scams
Creative scammers offer Medicare hospice services (to those who aren’t terminally ill). Beware of sophisticated job-offer frauds on mobile devices. And here’s how to spot pesky phishing scams.
Written By: Robert E. Holtfreter, Ph.D., CFE
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- Consumer Fraud and Scams
- Cyberfraud
- Identity Theft
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