🚨UPDATE: @JUSTINSUNTRON REPORTS PROGRESS IN $TUSD $500M FRAUD CASE AS DIFC COURTS FREEZE GLOBAL ASSETS OF ARIA AND ASSOCIATES ...

Prateek Gupta, the man Trafigura says defrauded it of $600 million in a massive nickel scam, told a court on Thursday he didn’t know where much of that money has gone https://t.co/HKKLrFFnEJ ...

RT Expose H1B Fraud (@JobsNowPaper)This leaked video from University of Cumberlands exposes how a Indian Businessman Anil Palla has taken control of a rural Kentucky based university, and turned it into foreign workers trafficking ring issuing unethical Day1 CPT work permit as backdoor to the H1B visa. https://t.co/JCTPhh1Wo4 ...

Which largest Enragement Farmer were you surprised to learn isn't who they say they are? The New @x feature exposing fraud 🔥 https://t.co/9nIZOV5jjV ...

Fraud Tactics & Risks - Increased online shopping during heavy shopping seasons like Black Friday makes consumers more vulnerable to fraud and scams [1] - Scammers use AI to reverse engineer legitimate websites, create imposter social media accounts, and generate fake reviews, making scams more convincing [4][5] - Scammers exploit the desire for deals and bargains, especially during times of economic pressure [2] - Red flags include prices that are too good to be true (e.g., 70-90% off) [11] Prevention & Protection - Use website reputation checkers like Scam Advisor, URL Void, and Trustpilot to verify the legitimacy of websites [7] - Check the Better Business Bureau for information on domain names [8] - Use credit cards for online purchases due to their fraud protection [8] - Be wary of merchants who only accept payment methods like Venmo, Zelle, gift cards, or wire transfers [9][10] - Use VirusTotal dot com to evaluate URLs for potential scams [12] Response to Scams - Immediately contact the bank or payment provider to lock down accounts [13][14] - Report the incident to the FBI at IC3 dot gov and the FTC at FTC dot gov [14] - Utilize resources like the Identity Theft Resource Center for assistance and guidance [14]

Bipartisan Legislation Targets Rising Threat of AI-Powered Impersonation and Fraud► https://t.co/aMhP01bSIe https://t.co/aMhP01bSIe ...

virtuals protocol up 15% as first ai agent fraud gets exposed for stealing $600k. aixbt hit #2 crypto mindshare with 100% on-chain decision logs. every unverified agent token down 30-60%. fraud just became the quality filter. 50+ verified agents on virtuals, zero fraud capability. market figured out which agents are real. ...

Core Viewpoint - US Senators are calling for an investigation into Meta for allegedly profiting from scam advertisements on its platforms, with estimates suggesting that nearly 10% of Meta's 2024 revenue, approximately $16 billion, may come from such ads [1][3]. Group 1: Allegations and Investigations - Senators Josh Hawley and Richard Blumenthal have urged the Federal Trade Commission (FTC) and the Securities and Exchange Commission (SEC) to investigate Meta and take enforcement actions if the allegations are substantiated [1]. - Internal Meta documents reportedly indicate that the company earned $3.5 billion in six months from "higher-risk" scam ads, raising concerns about the effectiveness of its ad policing [1][2]. - The senators claim that Meta's platforms may be implicated in "about a third of all US scams," contributing to over $50 billion in consumer losses last year [5]. Group 2: Meta's Response and Business Model Concerns - Meta has denied the allegations, with a spokesman stating that the claims are "exaggerated and wrong," and emphasized the company's commitment to fighting fraud [6]. - The scale of the alleged fraud raises questions about Meta's business model, particularly regarding its reliance on deceptive advertising practices [3][8]. - The senators highlighted that despite Meta's reported 58% reduction in scam ads over 18 months, broader trends suggest ongoing issues within its ad ecosystem [5]. Group 3: Broader Implications and Risks - The senators' push for regulatory action reflects concerns about the potential for Meta's ad system to fuel fraud at an unprecedented scale, which could lead to significant changes in regulatory expectations for major tech companies [8]. - There are concerns that foreign cybercrime groups may be behind many of the scam campaigns, further complicating the issue [7].

America should not have worse voter ID requirements than every democratic country on Earth.California and New York actually banned use of ID to vote! It is illegal to show your ID in those states.The only reason to do this is fraud.America (@america):Why doesn’t the United States have Voter ID laws? https://t.co/7dLGkSWONF ...

Across South-East Asia tens of thousands of people toil to defraud Americans, Europeans and others in an industry that is estimated to steal over $500bn a year from victims worldwide https://t.co/mFRObdMDe0 ...