Consumer Fraud

Social Engineering Rising, KBAs Fading for Call Centers: TRUSTID Fraud Predictions

The social engineering part of cybercrimes will become more rampant and the final countdown for knowledge based authentication begins in TRUSTID’s, top five fraud and customer authentication predictions for 2019.

Is ‘the IRS’ asking you to pay by gift card? It’s the latest ‘impostor’ scam.

Cash is not king when it comes to the latest round of scams.

The Federal Trade Commission has issued a warning to consumers that criminals are posing as government officials and asking people to use a gift card to pay a bogus tax bill or get a new Medicare card.

Yes, It’s Bad. Robocalls, and Their Scams, Are Surging.

It’s not just you.

Those pesky robocalls — at best annoying disturbances and at worst costly financial scams — are getting worse.

In an age when cellphones have become extensions of our bodies, robocallers now follow people wherever they go, disrupting business meetings, church services and bedtime stories with their children.

Lawmakers, tech industry look to thwart robocalls

Lawmakers are looking to work with the tech industry to stop a nuisance for millions of Americans: robocalls.

Robocalls, automated calls that use a computerized system to deliver pre-recorded messages or to connect a call to everyday Americans, are a problem for many, but especially the elderly, according to the House Energy and Commerce Committee's subcommittee on Digital Commerce and Consumer Protection.

Alleged 'face' of robocalls testifies it's as easy as the 'click of a button'

The alleged "face" of unwanted robocalls testified Wednesday that the technology to start a large autodial campaign is easy to use and can be set up by "anyone" from a home office.

"There is available open source software that can be misused by someone to make thousands of automated calls with the click of a button," Adrian Abramovich said during a Senate Committee on Commerce, Science, and Transportation hearing.

Phone Scams Remain on IRS 'Dirty Dozen' List of Tax Scams

Be careful out there. That's the word from the Internal Revenue Service (IRS) as the tax agency reminds taxpayers about continuing aggressive phone scams. Those phone scams are "a major threat to taxpayers" and as such, continued to hold down a top spot on the IRS "Dirty Dozen" list of tax scams for the 2018 filing season.

Equifax Data Breach And Credit Freeze: Beware These 3 Scams

As if an Equifax data breach affecting more than 140 million customers wasn't unsettling enough, consumers must be doubly vigilant following news of the massive mishap, experts warn. Even if you were wise enough to put an immediate fraud alert or credit freeze on your credit files, con artists are likely to go into hyperdrive finding new ways to take advantage of the hack and the publicity surrounding it.

2 More Plead Guilty In Massive Indian Call Center Fraud

The U.S. Department of Justice on Thursday announced two more guilty pleas from men copping to the money laundering end of a massive fraud involving Indian call centers impersonating tax and other officials to extract hundreds of millions of dollars from victims nationwide, bringing the number of guilty pleas to 13.