marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
criminals
12/13/2024
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By Ava Grace
Scammers using fake Telegram verification bots to steal cryptocurrency assets from unsuspecting victims
Scammers are combining social engineering with fake Telegram verification bots to inject crypto-stealing malware into users’ systems, leading to substantial losses. The scam involves creating counterfeit X accounts impersonating popular crypto influencers, luring followers to Telegram groups, and prompting them to verify their identities through a fake bot named “OfficiaISafeguardBot.” The fake bot injects a […]
11/06/2024
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By Kevin Hughes
America’s shoplifting epidemic is GETTING WORSE
The shoplifting “epidemic” in the United States is still on the rise. Major retailers and industry associations have for the past few years been sounding the alarm about the increase in organized retail crime. Horror stories – complete with high-quality video evidence – of organized and devastating smash-and-grabs are easily available online and regularly go viral on social […]
09/05/2024
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By Ava Grace
Federal judge finds Nigerian fintech Tingo Group guilty of financial fraud
Financial technology company Tingo Group Inc. and its CEO were found liable for fraud by a federal judge after they failed to respond to a Securities and Exchange Commission (SEC) lawsuit accusing them of overstating financial results. The SEC sued Tingo and two related companies in December, alleging they booked billions of dollars in fraudulent transactions through two Nigerian […]
07/29/2024
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By Arsenio Toledo
Freight fraud costing transportation and logistics industries over $800M a year
The United States’ transportation and logistics industries are grappling with an ever-increasing problem: freight fraud. Freight fraud is an increasingly more common type of scheme that involves “entities that charge an up-front fee, pack and hold consumers’ household goods, then demand more funds to deliver or release the items,” according to Delegate Eleanor Holmes (D-DC), […]
04/24/2024
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By Laura Harris
South American gangs exploiting tourist visa program to burglarize wealthy San Diego neighborhoods
Organized crime groups from South America have been exploiting the Visa Waiver Program to burglarize San Diego’s wealthiest neighborhoods. According to several reports, members of these gangs have been conducting “burglary tourism,” a tactic that exploits the “weak vetting system” of the Visa Waiver Program, which allows residents of certain countries to enter the U.S. after completing an online […]
04/17/2024
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By Richard Brown
Bill allows San Francisco residents to sue grocery stores that shutter without giving six months’ notice
Two progressive San Francisco legislators are advancing a bill aimed at providing recourse for residents in the city when grocery stores shutter without adequate notice. San Francisco Board of Supervisors members Dean Preston and Aaron Peskin proposed legislation requiring businesses to either secure a successor grocer or collaborate with local residents to ensure continued access […]
10/30/2023
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By Arsenio Toledo
Shoppers forced to wait up to 40 minutes to buy basic essentials as major retailers LOCK UP goods to combat shoplifting
Shoppers at big box stores in New York and New Jersey are being forced to wait as long as 40 minutes just to buy basic essentials as these major retailers have now locked up many of their products to counter skyrocketing retail theft. This is according to a report from investigative news program “Inside Edition,” whose […]
10/13/2023
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By Arsenio Toledo
Sam Bankman-Fried tried to recoup losses by opening fake accounts using IDs of Thai prostitutes
Former billionaire and cryptocurrency magnate Sam Bankman-Fried directed his former girlfriend Caroline Ellison to hide the billions of dollars in customer deposits and investor funds he siphoned from his company through a variety of elaborate schemes. This is according to Ellison’s testimony before a federal court in downtown Manhattan. Ellison, who at the time of the […]
09/18/2023
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By Belle Carter
Californians laud Newsom’s hefty $267M initiative aimed at curbing “smash and grab” crimes – that they actually brought upon themselves a decade ago
Californians celebrate Governor Gavin Newson’s $267 million anti-smash and grab investment without realizing that these types of crimes would not have existed had they not voted for the radical crime bill Prop. 47, which only legalized shoplifting and made the pandemic of retail theft worse. The state government will spend a massive amount of money […]
07/25/2023
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By Arsenio Toledo
Mexican drug cartels are behind surge in organized retail crime across the US
Mexican drug cartels are trying to expand their global criminal empires. According to reports, they are behind the recent surge in organized retail crime (ORC) in the United States. ORC is the large-scale theft of merchandise in retail outlets with the intent to resell the items for financial gain. Retail crime has become a very serious […]
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