Fraud Prevention Page 1

An individual from New York has admitted to his crimes after being charged with conspiracy to commit bank fraud through stolen credit cards bought on underground marketplaces. The defendant, Trevor Osagie, a 31-year-old man from the Bronx, pleaded guilty to participating in an operation of a credit card scam group that caused more than $1.5...Continue Reading

According to the FBI, rogue ads have been circulating in the wild and have become a problem for internet users. These malicious advertisements vary from pop-ups, spinning banners, and redirects that could be annoying and potentially hostile for many users. The federal law enforcement agency warned users regarding these fake ads that impersonate legitimate ones...Continue Reading

A Google Ad fraud campaign advertises adult sites that may have generated millions of ad impressions on stolen articles. Based on reports, the operators of this newly discovered campaign might have earned more than $200 per month. Fortunately, Google has shut down the ads for violating their policies towards Google Ads on adult websites. Researchers...Continue Reading

Threat actors launching business email compromise (BEC) attacks were found stealing food product shipments, according to a joint advisory released by the FBI, the FDA OCI, and the US Department of Agriculture (USDA). In usual instances, BEC campaigns involve the compromise of an email account of a targeted company’s employee. These employees are sent fraudulent...Continue Reading

According to an investigation, a United States-based foreign affairs analyst received an alleged malicious email from the Kimsuky threat group a couple of months ago. Reports stated that the email was sent by a North Korean spy that impersonated a researcher to gather intelligence from its target. Based on research, the North Korean-sponsored threat group...Continue Reading

A notorious SIM swapper from Florida named Nicholas Truglia will face a year and a half in prison after his involvement in a fraud campaign. The fraudulent scheme has resulted in the loss of over $20 million from a crypto investor. The culprits stole the crypto funds after a SIM swap attack by Truglia allowed...Continue Reading

Eighteen web domains have recently been seized in an FBI and US Postal Inspection Service joint operation, which malicious operators used for recruiting money mules. Reports revealed that the malicious web domains were used to post fake ‘quality control inspector’ job offers, where victims are tasked to ship items from their homes or purchase items...Continue Reading

A malicious scam campaign that uses several baits on social media platforms is the source of a Chinese cybercriminal group gathering workers for its Cambodian cybercrime mills. According to an investigation, the target of the threat actors is the vulnerable people that seek employment. The attackers post high-paying job lures on Facebook, attracting potential targets....Continue Reading

The payment refund portals of several financial institutions were found to be impersonated by threat actors, specifically by tech support scammers, to steal victims’ data. The FBI stated that the campaign involves scammers tricking people via email or phone calls into providing access into their devices by impersonating tech support service representatives. As seen from...Continue Reading

Based on recent studies about the callback phishing attack tactic, researchers found that hackers are now pretending to help victims with computer malware or hacker issues to lure them into installing malicious payloads, such as spyware and ransomware, into their devices. Originally, callback phishing campaigns focused on threat actors sending fake email notifications to the...Continue Reading