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American Express To Pay $230M For Misleading Small Business Customers American Express To Pay $230M For Misleading Small Business Customers
American Express To Pay $230M For Misleading Small Business Customers American Express said it will pay $230 million to resolve federal investigations into deceptive sales tactics and recordkeeping violations involving small business credit card and wire transfer products. The credit card company agreed to pay a $108.7 million civil penalty, the Department of Justice said in a news release on Thursday, Jan. 16. The settlement resolved claims against American Express of deceptive marketing and "dummy" account information. American Express was accused of engaging in unlawful sales tactics and falsifying records between 2014 and 2021. "When financial companies …

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by Chris Spiker
Business
Don't Fall For It: New Twist On Imposter Fraud Targets Your Money, Personal Info Don't Fall For It: New Twist On Imposter Fraud Targets Your Money, Personal Info
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 …

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by Joe Lombardi
Police & Fire
Former Bergen County Real Estate Company Employee Siphoned $100K Into Bank Account, Police Say Former Bergen County Real Estate Company Employee Siphoned $100K Into Bank Account, Police Say
Former Bergen County Real Estate Company Employee Siphoned $100K Into Bank Account, Police Say A 52-year-old Bergen County woman has been charged with theft after police said she siphoned nearly $100,000 from a business account to her personal bank account. Maria Vega, 52, of Leonia — a former employee of a Passaic Street realty company in Rochelle Park — was identified as a suspect after accounting representatives recognized a series of wire transfers to a personal checking account on Wednesday, Sept. 11, RPPD Capt. James DePreta said. Bank records and subpoenas showed Vega wired the funds to the same account in which she received legitimate direct deposit payments between March 202…

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by Cecilia Levine
Police & Fire
Private Pics Cost Glen Rock 'Sextortion' Victim $20,000, Police Pursue Fugitive Cyberthief Private Pics Cost Glen Rock 'Sextortion' Victim $20,000, Police Pursue Fugitive Cyberthief
Private Pics Cost Glen Rock 'Sextortion' Victim $20,000, Police Pursue Fugitive Cyberthief An elderly lonely heart from Glen Rock was “sextorted” out of $20,000 after sending compromising photos to a scammer he thought was a woman -- and was about to hand over another 20 grand when his bank mercifully refused, authorities said. Online romance scammer Ali H. Maman, 59, of Frederick, MD (photo above), has so far eluded authorities, Glen Rock Police Chief Dean Ackermann said this week. Posing as a woman, Maman communicated with the Glen Rock senior through Instagram and WhatsApp, the chief said on Wednesday, April 10. The victim was convinced to share the risqué photos, then w…

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by Jerry DeMarco
News
Confessed Hackensack Schemer Who Stole $2M From Victims' Bank Accounts Gets 5+ Years In Fed Pen Confessed Hackensack Schemer Who Stole $2M From Victims' Bank Accounts Gets 5+ Years In Fed Pen
Confessed Hackensack Schemer Who Stole $2M From Victims' Bank Accounts Gets 5+ Years In Fed Pen A Hackensack woman who stole $2 million from various victims’ bank accounts through an elaborate scheme that included going to their homes is headed to federal prison for more than five years, authorities said Tuesday. Working with others, Alexis Taylor, 32, bought a “significant amount of stolen personal identifying information via the dark web, including bank account information and online security question answers,” Acting U.S. Attorney for New Jersey Rachel A. Honig said. She then used the information to access victim accounts in New Jersey, New York and elsewhere, Honig said. Taylor a…

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by Jerry DeMarco