Austin TX Feb 23 2020 An Austin-area insurance agent was arrested on Wednesday under allegations that he tricked the elderly into giving him millions. A Travis County grand jury indicted Brett Pittsenbargar on Feb.4. He is facing first-degree felony charges of securities fraud, money laundering and theft.According to the indictment, Pittsenbargar sold $9.3 million in fraudulent…
As retail fraud rises, so do the average losses. According to the 10th annual True Cost of Fraud report for the retail sector from LexisNexis Risk Solutions, overall retail fraud attempts have doubled year-over-year and tripled since 2017.The study also found merchants pay $3.13 per lost dollar on average, up 6.5% from $2.94 in 2018….
Farmington Hills MI February 1 2019 – Federal agents used a fake university in Farmington Hills to lure alleged phony foreign students who were trying to stay in the United States illegally. The University of Farmington had no staff, no instructors, no curriculum and no classes but was utilized by undercover Homeland Security agents to identify people…
The ask comes through a job posting or from someone you meet online. It seems simple and harmless enough: provide your bank account information and allow money transfers to flow into your account. Then move the money elsewhere and maybe earn a little cash for the trouble. Easy, painless, profitable. Right? Wrong. You are likely…
Today, the Federal Bureau of Investigation is announcing a campaign to educate the public on the consequences of posting hoax threats to schools and other public places and reminds communities that these hoax threats are not a joke. In the aftermath of tragic shootings such as the ones at Santa Fe High School in Texas…
Nobody would have suspected that the affable Tennessee tractor salesman who was raised among them, tended their lawns in high school, and prayed beside them at Sunday services was scamming them by the millions. Indeed, that’s probably what made the man’s investment scheme so successful, investigators say. Jeffery Gentry, 40, pleaded guilty in federal court…
Beginning in 2015, the Internet Crime Complaint Center (IC3) forwarded multiple complaints to the FBI’s Houston Field Office regarding fraudulent offers of investment opportunities by perpetrators who impersonated U.S. bank officials and financial consultants over the Internet and telephone. Victims in various countries, including the U.S., were deceived into believing they would receive millions of…
In May 2013, the FBI’s Atlanta Division received an allegation of fraud against an Atlanta-area businessman and the woman he had hired to manage his business finances. An investor who partnered with the pair claimed that the millions of dollars he had contributed to their business ventures was never properly invested, and he suspected that…
Nine Iranians were accused Friday of orchestrating years of cyberattacks on U.S. government agencies, the state of Indiana and hundreds of universities and businesses here and abroad in one of the largest state-sponsored hacking cases ever charged by the Justice Department. A series of federal indictments and financial sanctions against Iranian individuals were announced by Deputy US…
More than two dozen Sewerage & Water Board employees have been using fake or unauthorized handicap tags to bilk parking meters near the utility’s main office on St. Joseph Street, according to a report drafted following an investigation by the New Orleans Office of Inspector General. The report, sent to the city’s Department of Public…
