Friday, December 4, 2020

These Premiums Are A Steal – No, Literally

Generally, when you provide an annual payroll estimate to the government you want to make sure it is as accurate as possible. You wouldn’t want your estimate, for instance, to massively underreport payroll by more than one million dollars. That’s generally one of the...

The One That Got Away

A report compiled by the U.S. Department of Education’s Office of Inspector General states that student aid fraud cost the federal government nearly $200 million between 2009 and 2012. Today’s fraud article states that student loan fraud is growing because of the increase in the number...

COVID Feature: Beware of COVID-19 Scams

COVID-19 fraud scams are sweeping the nation via robocalls, texts, emails, and imposter schemes. As of April 28, 2020, the Federal Trade Commission (FTC) reported 27,820 consumer complaints related just to the virus outbreak, including 15,000 complaints about fraud. (Victims reported losing a median...

Clear Line of Sight

Opticians are eye wear professionals who help customers find the perfect pair of prescription eyeglasses and ensure they fit properly. There is a set of specific knowledge and skills that one must possess to become an Optician. Being skilled in identity theft fraud is...

Deemed a Fraudster

Supplemental Security Income (SSI) is a disability program governed by the Social Security Administration (SSA) and designed to help vulnerable individuals who have demonstrated they have a financial need and a disability that prevents them from earning income. To qualify for SSI benefits, the...

Nailed

The U.S. Department of Agriculture’s Food and Nutrition Service provides explicit instructions on what Supplemental Nutrition Assistance Program (SNAP) benefits can and cannot buy. The idea behind the government-funded program is to provide beneficiaries with money to purchase items including bread, cereal, fruit, vegetables, meats, fish, poultry,...

Paranoia

Just the mention of “Internal Revenue Service (IRS)” or “taxes” in general is enough to cause paranoia in some individuals. Then, consider the fake robocalls that often trick consumers into paying money to the agency via credit card or wire transfer. (Just so you know, the...

Living a Lie

If a gene existed that determined selfishness, fraudsters would have it. A Lansdale, Pennsylvania man carried out an extremely selfish scheme involving the theft of a deceased infant’s identity. He not only lived a lie every day of his life for 21 years under...

Watch Out for DNA Scams

It appears that a new wave of Medicare fraud scams involving DNA testing has been detected. Whether lured by free ice cream or scared of potential life-threatening illnesses, senior citizens are being deceptively convinced to provide their Medicare number in exchange for a cheek swab....

COVID Feature: Cryptocurrency COVID-19 Scams

Fraudsters are happy to take your money in whatever form it comes in whether that be cash, bank accounts, credit cards, loans, or gift cards. As a few tech savvy criminals have recently demonstrated, they are also willing to be paid in cryptocurrency. Today, we...
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