Tag Archive : Fraud

/ Fraud

Charee Mobley, who teaches middle school in Fort Worth, Texas, had just $166 to get herself and her 17-year-old daughter through the last two weeks of August.

But that money disappeared when Ms. Mobley, 37, ran into an issue with Square’s Cash App, an instant payments app that she was using in the coronavirus pandemic to pay her bills and do her banking.

After seeing an errant online shopping charge on her Cash App, Ms. Mobley called what she thought was a help line for it. But the line had been set up by someone who asked her to download some software, which then took control of the app and drained her account.

“I didn’t have gas money and I couldn’t pay my daughter’s senior dues,” Ms. Mobley said. “We basically just had to stick it out until I got paid the following week.”

In the pandemic, people have flocked

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Another job fraud by fake port website

October 10, 2020 | website | No Comments

The fake website issue continues to bother the Visakhapatnam Port Trust, as one one more job fraud was reported on Saturday, even while the case is under investigation.

The VPT already lodged a complaint with the Cyber Crime Police on October 3, stating that someone had created a fake website under the name www.visakhapatnamport.com and posted a recruitment notification collecting ₹1,200 per application.

VPT stated that its official website is www.vizagport.com and urged unemployed youth not to fall prey to the fake website.

The management once again took the issue to the notice of the cyber crime police on Saturday.

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What seemed like a simple matter of crossing “t”s and dotting “i”s has turned into a protracted challenge for General Motors and Nikola, after negotiations to pair up and produce new zero-emissions trucks have been extended.

The $2 billion deal, announced on Sept. 9, was billed as a “partnership made in heaven,” according to Nikola founder and then-chairman Trevor Milton, during a media call with GM CEO Mary Barra. But the Phoenix-based startup has since been hammered by claims of fraud, with a Securities and Exchange Commission probe now underway. Allegations surfaced this week of sexual assault by Milton, who stepped down as chairman last week. Nikola’s stock has plunged to barely a quarter of what it was worth when the company went public last June.

Talks expected to wrap up today could now run through Dec. 3, at which time the proposed deal “may be terminated by either (Nikola)

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Image: Zscaler

special feature


Securing Your Mobile Enterprise

Mobile devices continue their march toward becoming powerful productivity machines. But they are also major security risks if they aren’t managed properly. We look at the latest wisdom and best practices for securing the mobile workforce.

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Google has removed this week 17 Android applications from the official Play Store. The 17 apps, spotted by security researchers from Zscaler, were infected with the Joker (aka Bread) malware.

“This spyware is designed to steal SMS messages, contact lists, and device information, along with silently signing up the victim for premium wireless application protocol (WAP) services,” Zscaler security researcher Viral Gandhi said this week.

The 17 malicious apps were uploaded on the Play Store this month and didn’t get a chance to gain a following, having been downloaded more than 120,000 times before being detected.

The names of the 17 apps were:

  • All
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Internet Banking and Fraud

May 4, 2020 | internet | No Comments

Internet banking is arguably the fastest method of paying all kind of bills. With many people having time constraint today, they prefer to use electronic banking. Even, developing countries are now growing into the world of online banking. But fraud is posing a constant threat to its growth.

As internet banking keeps growing, fraud is also growing. The danger of fraud keeps causing major set back for both the providers and consumers of online banking. Now the question that rings are, can internet banking be separated from fraud? Can internet bankers stop fraud? What are the measures that can stop internet banking fraud?

1. Can Internet Banking Be Separated From Fraud?-The hard truth is that fraud and internet banking will always have a relationship. Fraudsters find it easy to communicate on the internet and it is so hard to trace them. With internet banking being the fastest way of cashing … Read More