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Friday, jan 17
Tag:
Financial Security
News
$400K In Fraudulent Transactions Found On Account Belonging To City In Westchester: Officials
Officials in Mount Vernon are working to recover $400,000 in unauthorized transactions after detecting fraudulent activity on a city account. The City Comptroller's Office reported the unusual activity after receiving electronic notifications of suspicious transactions and fraudulent calls attempting to impersonate individuals related to the account, according to a statement released by the city on Tuesday, Jan. 7. Immediate action was taken to address the issue, and an investigation confirmed the fraudulent activity, officials said. The city soon notified the bank and was able to sto…
Business
Don't Fall For It: New Twist On Imposter Fraud Targets Your Money, Personal Info
The Federal Trade Commission (FTC) is sounding the alarm on a sophisticated new imposter scheme designed to steal your money and personal information. These scams are becoming increasingly convincing, but learning to spot the red flags can help you stay protected. How the Scam Works Initial Contact: Scammers pose as representatives from well-known companies, such as Amazon or a tech support service. They’ll claim there’s a routine issue, like suspicious charges on your account, a computer virus, or an account breach. Escalation: The scammers lie, saying your name is tied to serious …
Business
Minimum Wage To Increase In Westchester: Here’s How Much
New Yorkers earning minimum wage will see an increase in their paychecks. This change, which takes effective on Wednesday, Jan. 1, is part of a broader state initiative aimed at easing the financial burden of rising living costs. Gov. Kathy Hochul announced the plan as part of a multi-year agreement with the state legislature. In New York City, Long Island, and Westchester County, the hourly pay will increase from $16 to $16.50. Meanwhile, the rest of the state will see a jump from $15 to $15.50. Further annual adjustments linked to inflation will begin in 2027. …
News
Don't Fall For Them: FBI Issues Alert For Online Shopping Scams
The FBI is warning the public of cybercriminals targeting shoppers hoping to take advantage of online bargains and hard-to-find gift items for the holidays. During the 2020 holiday shopping season, the FBI Internet Crime Complaint Center received more than 17,000 complaints regarding the non-delivery of goods, resulting in losses of over $53 million, the agency said. It is anticipated this number could increase during the 2021 holiday season due to rumors of merchandise shortages and the ongoing pandemic. That's why criminals are busy finding ways to entice their victims in multiple …
News
Beware Of ID Theft, Unemployment Scams, Westchester DA Warns
There has been an uptick in opportunistic fraudsters attempting unemployment benefit and identity theft scams in Westchester since the novel coronavirus (COVID-19) pandemic plagued the region. The Westchester County District Attorney’s Office issued an alert warning of a surge in scams since the COVID-19 outbreak began in mid-March. According to District Attorney Anthony Scarpino, Jr., “Anyone who has been working or has been laid off can become a victim of unscrupulous bad actors who seize identity, file a claim for unemployment benefits using personal identifying information, and obtain m…
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