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News
AI raises bank fraud risks as Australia faces control gaps
1+ hour, 10+ min ago (799+ words) AUSTRAC has found potentially hundreds of millions of dollars in fraudulent loans. Bank fraud in Australia is becoming harder to detect as criminals use artificial intelligence (AI) to forge identities and documents, whilst weaknesses in lending controls and legal protections…...
A Miami man agreed to give up two Ferraris and mansions in Miami Beach and the Virgin Islands and repay the IRS $34.8 million after pleading guilty to tax fraud.
5+ hour, 22+ min ago (191+ words) Free retirement updates: Miss an enrollment or claim deadline and it may be gone. The free Retirement Shield newsletter keeps readers ahead of the ones that matter. Get the free newsletter. This article was researched and drafted with the assistance…...
ZachXBT's New Website to Exclude 7 Countries from Crypto Fraud Investigations
13+ hour, 57+ min ago (354+ words) The crypto industry has seen a massive influx of attackers using different techniques to scam investors, exchanges, wallet addresses, and a lot more. And often ZachXBT, a pseudonymous American blockchain investigator, has uncovered many frauds in the hunt for the…...
Egypt arrests school owner over EGP 321 mln fraud using parents’ data - Courts & Law - Egypt
4+ hour, 39+ min ago (769+ words) The Public Prosecution ordered on Sunday the detention of the chairman of the board of an international school for obtaining credit facilities, totaling EGP 321 million, in the names of several students’ parents without their knowledge. In a statement, the prosecution…...
‘Frightening’: How fake AI payslips fuel mortgage fraud
4+ hour, 10+ min ago (904+ words) August 24, 2026 — 5:00am Bank bosses are generally among the most enthusiastic artificial intelligence evangelists in the corporate world. AI can not only cut costs, they claim, it can also improve customer service and even protect people from scammers and others who are…...
Fake online loans lead borrowers into costly traps
5+ hour, 4+ min ago (1114+ words) Scammers reach people in many ways, including phone calls, text messages and social media advertisements. But recent accounts from victims show that Facebook has become a favourite hunting ground, especially for lower and middle-income people facing financial difficulties and with…...
They Made Nonemployees Look Like Construction Company Workers, Then Life Insurance Claims Paid Nearly $382,000, Florida Says - AOL
6+ hour, 19+ min ago (649+ words) A Florida life insurance agent and her husband are accused of using their construction company in a scheme that made nonemployees appear eligible for group life insurance before death claims generated nearly $382,000. Christine Ann Nunzio, 56, and Phillip Salvatore Nunzio Jr.,…...
Crypto Scams Watch: Term Labs Hit by $8.5M Governance Exploit | Market Altcoin | CryptoRank.io
6+ hour, 28+ min ago (681+ words) Term Labs, in its recent X post, confirmed a governance exploit affecting its vaults on Aug. 23, 2026. The incident drew broader coverage of crypto scams after security firms tracked roughly $8.5 million in outflows. The attack involved Ethereum assets, and USDC held…...
4 ways to avoid home warranty scams | BBB Scam Alert
13+ hour, 23+ min ago (293+ words) Alliance Review 4 ways to avoid home warranty scams | BBB Scam Alert Homeowners should be cautious of unexpected notices about home warranties. Scammers use official-looking mailings and urgent messages to make consumers believe their coverage is expiring or that they need…...
WANTED: Suspect posed as credit union worker at hospital, stole from elderly patient
4+ hour, 44+ min ago (165+ words) SAN ANTONIO — San Antonio police are searching for a suspect accused of posing as a credit union employee and stealing money from a 75-year-old woman while she was recovering from surgery at a local hospital. The incident happened June 28 at…...