44.2 F
New York
Friday, March 29, 2024
health care fraud

PONZI SCHEME: 1st Million LLC, Smart Partners LLC face charges for defrauding 1.2K investors

The Securities and Exchange Commission (SEC) filed charges against two Maryland companies and their principals for allegedly defrauding around 1,200 investors in a Ponzi...

Bitcoin Plummets below $10K amid Broad Weakness in Cryptocurrency Market

Bitcoin plummeted below $10,000 amid the broad weakness in the cryptocurrency market on Monday. Other digital currencies including ethereum, ripple, litecoin, and stellar also...
Work-From-Home--Cash From Home Scam

SCAM ALERT: FTC Bans Five “Work-From-Home” Business Opportunity Operators

The Federal Trade Commission (FTC) recently banned five companies and their owners for allegedly operating work-from-home business opportunity scam. According to the FTC, Gregory Anderson...

Fraud Alert: Watch Out for Holiday Scams

The COVID-19 pandemic has pushed millions and millions of people, businesses, organizations, and many other entities to use various devices and technologies particularly the...

Tumblr Terminates Accounts Linked to Russia

On Friday, Tumblr announced their decision to remove accounts which appeared to have links to Russia, reports The Hill. An Overview of Russia-Linked Tumblr Accounts Tumblr...
Andrew Franzone, fomer race car team owner faces fraud charges

SEC charges Lewis Wallach, ex-CEO of Professional Financial Investors with operating a Ponzi scheme

Lewis Wallach, the former chief executive of Professional Financial Investors, Inc. (PFI) has been charged with operating a fraudulent Ponzi scheme and misappropriating investors’...

International Advisory Services & Millenium Direct Incorporated Banned from Mass Mail Prize Promotion

International Advisory Services, its acting officer Terry Somenzi, along with Millenium Direct Incorporated, and its acting officer David Raff, were sued by the FTC...
identity theft hacker

4 Common Identity Theft Schemes and Ways to protect yourself from becoming a victim

Living in the digital age that we do now, it's no surprise that identity theft schemes have become rampant. Especially now with most people...
FTC cracks down on tech support scams

FTC Halts Company Running Tech Support Scam

In consumer protection news, the FTC sued Universal Network Solutions, LLC over deceptive marketing in the way that the company offered tech support products...

FTC stops “debt parking scheme” by debt collector Midwest Recovery Systems

The Federal Trade Commission (FTC) prohibited a debt collector, Midwest Recovery Systems from placing bogus or highly questionable debts into consumers’ credit reports. The...

Must Read

Sovereign AI: The Global Pursuit of AI Dominance

In the ever-evolving landscape of technological advancement, the concept of Sovereign AI has emerged. The concept is that the control and mastery of digital technologies,...