identity theft

‘My Lookalike Brother Used My Glasses To Fool SoFi’s Online Verification; He Loaned $52K Under My Name And Lost It All To A Crypto Scam’

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‘My Lookalike Brother Used My Glasses To Fool SoFi’s Online Verification; He Loaned K Under My Name And Lost It All To A Crypto Scam’

A unique case of identity theft has emerged, revealing how a determined scammer exploited an online bank’s verification process to steal a $52,000 loan, only to lose the entire sum to a cryptocurrency scam. ABC 7 News’s 7 On Your Side investigative team uncovered the details after receiving an anonymous package from Manila, Philippines. The … Read more

35 Strangers Get $19K Spending Limit Each When Fraudulently Added To A US Woman’s Credit Card

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35 Strangers Get K Spending Limit Each When Fraudulently Added To A US Woman’s Credit Card

Jodi Hayes, a Walnut Creek, California resident, was horrified to discover that 35 strangers had been fraudulently added as authorised users to her Chase credit card, each given the capability to charge up to $19,000. What started as a relaxing holiday on a cruise ship quickly became a financial nightmare, highlighting the increasing dangers of … Read more

80-Year-Old Californian Contemplates Suicide After Losing $720K Life Savings To Scammer

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80-Year-Old Californian Contemplates Suicide After Losing 0K Life Savings To Scammer

Senator proposes new bill to curb financial elder abuse. Alice Lin 80-year-old Alice Lin was tricked into wiring her life savings of $720,000 to an online scammer in August 2022. The grave situation made the Southern California widow contemplate suicide. However, Lin, who also takes care of her disabled son, decided to fight back for … Read more

2.9 Billion Records, Including Millions of Social Security Numbers Leaked as Background Checker Suffers Massive Data Breach

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2.9 Billion Records, Including Millions of Social Security Numbers Leaked as Background Checker Suffers Massive Data Breach

National Public Data (NPD) sources personally identifiable data from public and court records as well as other repositories to provide online background checks and fraud prevention services. The company confirmed several weeks ago that it suffered a data breach involving 2.9 billion records dating back at least three decades. According to a class action lawsuit … Read more

Retired teacher in Jempol loses RM140,000 in phone scam

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Retired teacher in Jempol loses RM140,000 in phone scam

JEMPOL: A retired teacher lost nearly RM140,000 in a phone scam after being accused of tampering with electricity meters. Jempol police chief Supt Hoo Chang Hook said the 68-year-old woman’s ordeal started on Aug 28 when she received a call from a woman claiming to be a Tenaga Nasional employee. “The caller accused the victim … Read more

Ex-Husband Forges Documents To Drain Woman’s Life Savings After Her Near-Fatal Accident

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Ex-Husband Forges Documents To Drain Woman’s Life Savings After Her Near-Fatal Accident

A woman recently shared her ordeal with MarketWatch on how her ex-husband drained her life savings when they were married. He hacked her email, forged documents, and impersonated her to take over their joint account and silently transfer her business savings into his separate accounts using a PayPal account. The husband created the PayPal account … Read more

Identity theft of America’s youngest generation is on the rise

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Identity theft of America’s youngest generation is on the rise

Most parents would take herculean steps to protect their children. But many overlook a relatively simple way to help shore up a child’s financial security: freezing the minor’s credit.  This could be especially important in the wake of a major breach in which the Social Security numbers of myriad Americans might be for sale on … Read more

Credit Card Fraud Cost Americans $1 Billion In 2023 As Identity Theft Cases Flare Up

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Credit Card Fraud Cost Americans Billion In 2023 As Identity Theft Cases Flare Up

Have you ever noticed a new credit card or loan account on your credit report that you don’t recognise or inquiries for credit products you never made? There’s a good probability that you may be a victim of identity theft. It is a form of financial fraud where threat actors use your personal data, such … Read more

5 more arrests, including primary suspect, in connection with Desjardins data leak

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5 more arrests, including primary suspect, in connection with Desjardins data leak

Quebec provincial police have arrested five more people with crimes tied to a massive data breach at Desjardins, including the former bank employee originally suspected of being behind the leak. Four of them, three men and one woman, were arrested early Thursday morning, hours after Laval police announced arrests of their own tied to the … Read more

Police arrest 3 in connection with massive Desjardins data breach

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Police arrest 3 in connection with massive Desjardins data breach

Laval police say they arrested three suspects Wednesday in connection to a massive data breach at Desjardins Group made public in 2019. Imad Jbara, 33, and Ayoub Kourdal, 36, were charged with fraud, trafficking in identity information and identity theft. The third suspect has yet to appear in court. An arrest warrant was also issued for a … Read more