Tag
fraud
11 articles
Trump Awards Whistleblower $10,000, Launches $25M Fraud Program
President Trump gave Nick Shirley a $10,000 reward for exposing alleged fraud in Minnesota child care and announced a national program to compensate Americans who report federal fund misuse.
Trump Task Force Projects $1.5B Annual Savings From Obamacare Fraud
The administration's fraud elimination effort targets people enrolled in both Obamacare and Medicare or Medicaid, citing duplicate coverage as the source of waste.
Minnesota Community Leader Played Both Sides in $250M Fraud Case
Omar Jamal, a self-appointed Somali community spokesman, took money from fraudsters while informing the FBI about them.
Microsoft Dismantles $1,500-a-Month Phishing SaaS After 12,000 Account Breaches
EvilTokens, a subscription fraud platform that charged criminals to automate email takeovers, compromised accounts across 10,000 organizations before Microsoft and law enforcement shut it down
CFTC Wins $30M Default Judgment Against Fundsz Fraud Operators
U.S. District Court for the Middle District of Florida ruled against Brian Early and Alisha Ann Kingrey for their roles in the Fundsz digital assets and precious metals fraud scheme.
SNAP Fraud Costs Agencies $4.29 Per Dollar Lost, Study Shows
State and county agencies overseeing food assistance now spend record amounts fighting fraud while managing new federal eligibility rules and payment demands.
Why $1 Billion in Analog Card Fraud Still Works: AI Just Made It Cheaper
Credit card skimming and EBT fraud persist despite digital alternatives, as AI reduces production costs for personalized fake cards and criminals exploit outdated magnetic stripe infrastructure.
FinCEN Flags $12.7 Billion in Crypto Scams Tied to Southeast Asia Operations
Treasury's financial crimes unit identified nearly 34,000 suspicious filings linked to 'pig butchering' fraud schemes targeting American victims
California Law Targeting Immigration Groups Faces First Amendment Challenge
State Assemblyman Carl DeMaio plans to sue over a Newsom-signed law that shields immigrant service providers, arguing it criminalizes journalism and seeking DOJ intervention.
SEC Sues Kahn Over Prophecy Hedge Fund Collapse; Criminal Charges Follow
The agency alleges a multi-year investment adviser fraud by Brian Kahn and other executives caused more than $350 million in investor losses.
Federal Indictments Expose Romance Scam Rings That Stole $215 Million From Americans
International fraud networks used AI and fake dating profiles to fleece more than 1,000 victims and siphon taxpayer funds from a federal wildlife agency.