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Fraud Prevention

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Don't Fall For This Fake Email Scam, Feds Warn Don't Fall For This Fake Email Scam, Feds Warn
Don't Fall For This Fake Email Scam, Feds Warn A new scam is targeting people with a fake email and officials are urging the public to stay vigilant. The Social Security Administration (SSA) Office of the Inspector General (OIG) has issued the warning about fraudulent emails impersonating the agency.  These emails, which carry the subject line “Claim Benefits!”, falsely claim that recipients must apply for their 2025 Social Security benefits through a provided link. How Scam Works The scam email appears to come from SSA and directs users to a fake website disguised to look like SSA’s official page. However, clicking on the link l…

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by Joe Lombardi
Business
USPS Redesigns Money Orders: How New Security Elements Will Fight Fraud USPS Redesigns Money Orders: How New Security Elements Will Fight Fraud
USPS Redesigns Money Orders: How New Security Elements Will Fight Fraud The U.S. Postal Service is redesigning its money orders to include advanced security elements for combatting counterfeits and fraud, officials said. The USPS will debut the new money orders in February, the agency said in a news release on Wednesday, Jan. 22. The redesigned orders will be red, white, and blue with an updated bank routing number. To enhance protection, the redesign incorporates watermarks, a security thread, and a QR code directing users to the USPS website. Additional security features remain undisclosed to further deter fraudulent activities. The current "legacy" des…

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by Chris Spiker
Business
Cash App Users To Get Refunds In $175M Order As Feds Target Fraud Cash App Users To Get Refunds In $175M Order As Feds Target Fraud
Cash App Users To Get Refunds In $175M Order As Feds Target Fraud Cash App's parent company will have to pay $175 million for poorly protecting its users from fraud and financial crimes on the payment platform, officials said. The Consumer Financial Protection Bureau ordered Block to refund up to $120 million to users harmed by fraud, the federal agency said in a news release on Thursday, Jan. 16. The parent company of Cash App, which has more than 56 million accounts, must also pay a $55 million fine into the CFPB’s victims relief fund. The CFPB found that Block failed to properly investigate unauthorized transactions and deprived users of…

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by Chris Spiker
Business
Scammers Are Creating Fake Customer Service Numbers In Google Searches: What To Know Scammers Are Creating Fake Customer Service Numbers In Google Searches: What To Know
Scammers Are Creating Fake Customer Service Numbers In Google Searches: What To Know New reports reveal that scammers are trying to trick Google into showing their fake numbers pretending to offer reputable services, and many are getting away with it. Google sometimes highlights impostors during searches for airlines, banks, as well as local businesses, according to a brand-new report in The Washington Post. A victim who called what Google listed as Coinbase customer support was scammed out of $100,000 in 20 minutes by an impostor, Fortune reports. Google told The Washington Post that it uses several methods to determine whether business listings are legitimate, inclu…

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by Joe Lombardi