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Scammers were able to convince YouTube that other peoples’ music was their own. They successfully stole $23 million before they were caught. No one knows how common this scam is, and how much money total is being stolen in this way. Presumably this is not an uncommon fraud. While the size of the heist and … Read More “$23 Million YouTube Royalties Scam” »
Zelle is rife with fraud: Zelle’s immediacy has also made it a favorite of fraudsters. Other types of bank transfers or transactions involving payment cards typically take at least a day to clear. But once crooks scare or trick victims into handing over money via Zelle, they can siphon away thousands of dollars in seconds. … Read More “Fraud on Zelle” »
The story is an old one, but the tech gives it a bunch of new twists: Gemma Brett, a 27-year-old designer from west London, had only been working at Madbird for two weeks when she spotted something strange. Curious about what her commute would be like when the pandemic was over, she searched for the … Read More “An Elaborate Employment Con in the Internet Age” »
Over the past few weeks, I’ve seen a bunch of writing about what seems to be fake COVID-19 testing sites. They take your name and info, and do a nose swab, but you never get test results. Speculation centered around data harvesting, but that didn’t make sense because it was far too labor intensive for … Read More “Are Fake COVID Testing Sites Harvesting Data?” »
The City of Austin is warning about QR codes stuck to parking meters that take people to fraudulent payment sites. Powered by WPeMatico
The FBI has issued a bulletin describing a bitcoin variant of a wire fraud scam: As the agency describes it, the scammer will contact their victim and somehow convince them that they need to send money, either with promises of love, further riches, or by impersonating an actual institution like a bank or utility company. … Read More “Wire Fraud Scam Upgraded with Bitcoin” »
The Squid Game cryptocurrency was a complete scam: The SQUID cryptocurrency peaked at a price of $2,861 before plummeting to $0 around 5:40 a.m. ET., according to the website CoinMarketCap. This kind of theft, commonly called a “rug pull” by crypto investors, happens when the creators of the crypto quickly cash out their coins for … Read More “Friday Squid Blogging: Squid Game Cryptocurrency Was a Scam” »
It turns out that it’s surprisingly easy to create a fake Harvard student and get a harvard.edu email account. Scammers are using that prestigious domain name to shill brands: Basically, it appears that anyone with $300 to spare can – or could, depending on whether Harvard successfully shuts down the practice — advertise nearly anything … Read More “Using Fake Student Accounts to Shill Brands” »
Here’s a story of someone who, with three compatriots, rented textbooks from Amazon and then sold them instead of returning them. They used gift cards and prepaid credit cards to buy the books, so there was no available balance when Amazon tried to charge them the buyout price for non-returned books. They also used various … Read More “Textbook Rental Scam” »
In a 6-3 ruling, the Supreme Court just narrowed the scope of the Computer Fraud and Abuse Act: In a ruling delivered today, the court sided with Van Buren and overturned his 18-month conviction. In a 37-page opinion written and delivered by Justice Amy Coney Barrett, the court explained that the “exceeds authorized access” language … Read More “The Supreme Court Narrowed the CFAA” »