Tag : Fraud

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Met Police Chief Says Victims of Online Fraud Shouldn’t be “Rewarded”

When it comes to crime, the digital world is the new battlefront for government agencies and the police but one police officer doesn’t think that victims of online fraud should be “rewarded”. Sir Bernard Hogan-Howe is…

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Seagate Sends Employees’ Payroll Information After Phishing Scam

Seagate is known for many things, but most of all they are known for their hard drives. I would recommend you look elsewhere if you are looking for something a little more secure I would say…

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Seller of Indian $4 Smartphone Accused of Fraud

Recently an Indian company revealed that they would be selling a smartphone for only $4, however, 30,000 unit sales later, it has turned out that it may just be too good to be true. The company…

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HMRC ‘Reluctant’ to Tackle VAT Fraudsters Says Tax Law Professor

HMRC is responsible for investigating companies and individuals who failed to disclose VAT when selling goods online. However, according to Rita de la Feria, a professor in tax law at Durham University, HMRC isn’t intervening due to…

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Malware In Hilton Hotels Results in Card Details Being Stolen

How often do you use your card? When you pop down to the shop and breaking that ten-pound note will result in too many coins to carry back? How about when you’re buying things online? Finally,…

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Tax Credit Refund Scam Is affecting UK Based Individuals

Tax credits are a hot topic at the moment, this is in part to the Conservative death by a thousand cuts, I said cuts, plans which are set to reduce the income of many of the…

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Former Mt. Gox CEO Mark Karpelès Arrested Over Lost 650,000 Bitcoins

More than a year after troubled Bitcoin exchange Mt. Gox folded, authorities have finally moved against the beleaguered firm. Japanese police have arrested former CEO Mark Karpelès for his involvement in the collapse of the exchange. Leading up…

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FTC About to Mail out 55 Thousand Checks Worth $1.9 Million

Multi-level marketing, or MLM for short, is an old scheme rarely used anymore because people aren’t stupid enough to fall for it now. It isn’t that long ago that it wasn’t the case and BurnLounge made…

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Three Spammers Accused of Largest Data Breach in History

The US Department of Justice has charged three men with what could be the biggest data breach in the history of the internet. The three spammers are accused of stealing billions of e-mail addresses from the…

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Phone Tech Support Scammer Threatens to Kill Sceptical Mark

Ten years ago, the most common internet-related scam was the infamous “419” confidence trick, e-mails promising vast wealth in exchange for a small investment. So infamous, in fact, that few people fall for it anymore. So,…

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Woman Buys PlayStation 4, Gets Box of Bibles

In a repeat of a story from last week, a woman from California bought a PlayStation 4 as a Christmas gift for her boyfriend discovered, when her boyfriend opened the gift on Christmas morning, that the…

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Man Buys PlayStation 4, Gets Bags of Rocks Instead

A man from Denver, Colorado who bought a PlayStation 4 from his local Walmart was shocked to find upon opening the box that the console was missing, its place taken by two taped-up bags of rocks.…

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Norton Develops Wireless-Blocking Jeans

Anti-virus service provider Norton has helped develop a pair of jeans capable of blocking wireless signals, designed to protect credit cards and passports from being remotely hacked via radio frequency identification (RFID) signals. The jeans were…

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Scientists Developing Unforgeable Credit Cards

Dutch scientists have created a theoretical system that could render credit cards nearly impossible to clone. Currently, credit cards are secured by numerical encryption which, given the appropriate equipment, can be deciphered so that the card…

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Former Apple Manager Gets 1 Year in Jail, $4.5 Million Fine for Leaking Apple Secrets

Paul Devine, formerly Apple’s Global Supply Manager, has received a year of jail time as well as a fine of $4.5 million for leaking the company’s secrets. Devine leaked secret product plans to a number of accessory…

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U.S. State Accuses Oracle of Lying, Fraud and Racketeering

The state of Oregon, U.S, has sued Oracle America Inc. and six of its top executives on Friday. Reason for the lawsuit is their failing to deliver a working website for the Affordable Care Act program,…

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UK’s National Crime Agency Gives Two-Weeks Notice Regarding GoZeuS and CryptoLocker

The UK National Crime Agency warns the public to take advantage of a two-week notice in order to protect themselves from two major malware roaming the internet, the GoZeuS and CryptoLocker, which are responsible for transferring…

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PayPal President’s Credit Card Gets Hacked – Well Deserved?

PayPal is a bit like Marmite (Yeast Extract/Vegemite depending on where you are in the world), you’ll either love it or hate it. If you’ve spent any amount of time involved in internet shopping (or internet…

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Criminals Can Recover Personal Details From Used Phones, Even After Factory Reset

A recent Channel 4 investigation into the used phone trade in the UK has exposed some worrying privacy concerns. An investigation into two of the largest pawn brokers that are selling second-hand phones, CEX and Cash…

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Chinese World of Warcraft Hackers Spend The Holiday In Jail

According to a report from Fudzilla, a group of 10 Chinese men were sentenced to prison for stealing from a total of 11,500 World of Warcraft accounts. The leader of the group, Chen, bought hacked WoW…