The Medicaid-related fraud scandals rocking Minnesota have made it harder for Democrats to defend the social safety net, writes @patricialopez_4 (via @opinion) https://t.co/Lv3yON3z8W ...

Alleged frauds by corporate borrowers are spurring a reckoning across Wall Street, driving bankers and investors to try to prevent future blowups https://t.co/ULaYuVCwcX ...

玩不过，真玩不过。算你牛逼。之前本来把这亏损撸回来了，然后还想再撸他一笔，结果这回下跌。他又尼玛动锁仓的榜一地址了。数据全是错的。这哪还玩的过，踏马的，天天出老千了。牛逼。憨巴龙王 (@dotyyds1234):实在忍不住出来提醒两句。怕很多人不知道。这个rvv项目方一直在掏池子，榜一第一个本来是锁仓，多签的，所以写着8m市值，实际不是的，项目方就硬掏，装都不装了。 ...

Core Insights - The 2025 Holiday Season Cyber Threat Trends report by RH-ISAC indicates a significant rise in fraud and automated bot attacks during the peak shopping season, particularly affecting the retail, hospitality, and travel sectors [1][2]. Fraud Trends - Fraud has escalated to become the most prevalent threat for consumer-facing organizations in Q4, with key concerns including receipt and return abuse, loyalty and points fraud, refund scams, and bot-driven schemes that quickly acquire high-demand items [2][4]. Cybersecurity Concerns - There is an increasing worry about account takeover attempts, malicious look-alike domains, and fraudulent advertisements targeting consumers during peak shopping days, with groups like ShinyHunters and Scattered Spider expected to enhance extortion operations [3][4]. Preparedness Measures - RH-ISAC member organizations are implementing company-wide awareness campaigns, incident-response exercises, and utilizing AI-driven tools to detect unusual behavior during critical shopping events like Black Friday and Cyber Monday [4][5]. Automated Attack Predictions - The report forecasts a staggering 520% increase in genAI-driven traffic in the 10 days leading up to Thanksgiving, posing challenges for frontline staff in differentiating between legitimate customer issues and fraudulent activities [5]. High-Risk Periods - High-risk periods for various threat categories are anticipated from mid-November through late December, with specific spikes in fraud activity expected during this timeframe [5].

The level of fraud is staggeringSecretary Brooke Rollins (@SecRollins):On my first day @USDA, we told every state to send us their SNAP data so we could make sure illegal immigrants aren’t getting benefits meant for American families. 29 states stepped up. 21 blue states refused — and two SUED US FOR ASKING! 🤦🏻‍♀️And guess what? In just the states https://t.co/W7ha0Le1eN ...

According to Bloomberg, Faruk Fatih Ozer, founder and former CEO of the defunct Turkish cryptocurrency exchange Thodex, has been found dead in his prison cell. Authorities are investigating the possibility of suicide. Ozer was sentenced to 11,196 years in prison in 2023 for fraud and other crimes. Thodex was founded in 2017 and collapsed in 2021, after which Ozer fled to Albania before being extradited back to Turkey. https://t.co/XcxK2Ftfyh ...

A group of First Brands lenders have accused the auto parts supplier of “widespread fraud” and are seeking to end part of the auto parts supplier’s bankruptcy https://t.co/jmZwgmfdlC ...

Cambodia’s Prince Group leader Chen Zhi had over SGD 150 million in assets frozen in Singapore following accusations of running a global telecom fraud network on October 30. Authorities seized properties, bank accounts, cash, a yacht, and cars. The U.S. DOJ previously confiscated about $15 billion in Bitcoin linked to him and, with the UK, charged him as a key fraud figure. https://t.co/vjmHlHYp8O ...

Key Achievements - T3 Financial Crime Unit (T3 FCU) has frozen over $300 million in criminal crypto assets globally since 2024 [1] - T3 FCU is a collaboration between Tether, TRON, and TRM Labs [1] Operational Focus - The unit combats money laundering, fraud, and other crimes [1] - T3 FCU showcases effective public-private cooperation in blockchain security [1] Geographic Scope - T3 FCU is working with law enforcement across multiple countries [1]

H-1B Visa Program Concerns - Thousands of senior H-1B engineers are being approved at Level I wages, indicating potential wage fraud [1] - The Department of Labor (DOL) is allegedly blindly approving Labor Condition Applications (LCAs), contributing to widespread fraud within the H-1B program [1] - The H-1B LCA approval rate is reportedly 99.09%, raising concerns about insufficient scrutiny [1] Call for Action - There is a call to shut down and reform the LCA division at the USDOL to address the alleged fraud [1]