Five months after the U.S. Department of Justice announced its Cyber Fraud Initiative, the DOJ announced its first settlement. Pursuant to the terms of its agreement with the DOJ, Comprehensive Health Services LLC will pay $930,000 to resolve, among other things, its violation of the False Claims Act. … Continue Reading
Posts Tagged: cyber fraud
There is an evident shift in fraud typologies away from traditional real world frauds, such as card skimming, fraudulent documents, social engineering, etc., toward cyber frauds, such as cyber intrusion, phone cloning, malware and fake apps (mal-apps).… Continue Reading
Kenyan authorities arrested 77 Chinese nationals for allegedly operating a cybercrime command center capable of disrupting the country’s communication and financial systems.
Police raided a rented house in Nairobi after a fire broke out there and found “sophisticated” hacking and communications equipment, the Nation reported.… Continue Reading
Conmen have withdrawn money and made bank transfers worth around €500,000 using account codes from duped Finnish victims, mainly females, through a phishing scheme, the Helsinki Times reported Saturday.
Since police first reported the scheme a month ago, law enforcement agencies have managed to recover about €190,000 for the victims.… Continue Reading