fraud Archives - Media City Groove

Sunday, December 22, 2024

By Fronnie Lewis Sunday, December 22, 2024

Categories

Three major banks sued for fraud by the Consumer Financial Protection Bureau

A government agency that protects consumers has sued JPMorgan Chase, Bank of America, and Wells Fargo. The three major banks and the operator of Zelle, a popular payment app, were sued last Friday, December 20. The Consumer Financial Protection Bureau accused them of allowing fraud to fester on Zelle’s peer-to-peer network. The CFPB says shoddy safeguards on the network […]

Monday, November 25, 2024

By Public News Service Monday, November 25, 2024

Categories

CA community colleges lose millions to financial aid fraud

Suzanne Potter, producer/reporter, California News Service, a bureau of Public News Service. Glitches last winter with federal student aid forms, known as the FAFSA, led the feds to temporarily relax document verification standards – creating fertile ground for bad actors seeking to defraud California colleges. State data first reported by EdSource show that fraudsters have stolen more than $7.5 million […]

Sunday, November 9, 2014

By Fronnie Lewis Sunday, November 9, 2014

Categories

Millions of email addresses stolen in Home Depot hack

More bad news for Home Depot shoppers. The world’s largest home improvement retailer announced last summer its payment data systems in the U.S. and Canada were hacked between April and September of 2014. In that cyber attack, thieves reportedly got away with the payment information for around “56 million credit cards.” Last, Thursday in an update on its investigation, the company disclosed […]

Wednesday, September 24, 2014

FLLewis / Media City G -- The Home Depot at 1200 Flower St, Burbank September 9, 2014

By Fronnie Lewis Wednesday, September 24, 2014

Categories

Consumer Alert: Home Depot fraud and Southland phone scam

The Home Depot hacker attack is turning into a really bad nightmare for the nation’s largest home improvement retailer and many of its customers. Reports are circulating on the Internet about thieves using credit card information stolen from Home Depot to “… buy prepaid cards, electronics and even groceries,” according to MoneyWatch. Also, some of the stolen cards reportedly have been […]

Friday, December 20, 2013

By Fronnie Lewis Friday, December 20, 2013

Categories

In the wake of a huge fraud case Target offers shoppers a deal

Only a handful of days left before Christmas. Shopping gets real serious now. Yesterday, Target confirmed the theft of 40 millions debit and credit card numbers from its sytem over the past few weeks, adding to the holiday worries of many shoppers. Target is investigating this massive crime along with law enforcement and the Secret Service. It’s one of the […]