Cybercrime is an increasingly common, and increasingly painful, occurrence. As with many other crimes, it is very important to take any and all precautions to ensure you don’t wind up a victim. If you are a CIO or business owner, then you should be able to take the following tips and apply them to your [...]
According to a recent report filed by RSA, which is one of the largest internet security firms in the world, there has been an increase in the number of criminals engaging in financial fraud by targeting the accounts of executives and business owners. They also say that CIOs of corporations can do a lot to [...]
In a nationwide crackdown on tax refund fraud and identity theft, the Justice Department apprehended 105 people in 23 states last month. This sweep covered all 50 states from Alaska to Florida, and led to 80 indictments and 58 arrests. The Internal Revenue Service says that it was a timely crackdown meant to send a [...]
If you’ve been following any of the recent headline-dominating news about cybercrime, then you already know that not only is it utterly rampant, but hackers are getting better and better at what they do. What isn’t so readily apparent, though, is that cybercops are getting much better at their jobs as well. Most studies and [...]
If you or someone you know is currently on Medicare, then you might want to check into your insurance coverage. The Tucson News 4 Investigators recently uncovered a fraud alert that affects almost 1,000 people across the state of Arizona. It was brought to their attention when multiple residents contacted them about their insurance coverage [...]
On Thursday, the Arizona Corporation Commission ordered a Phoenix man to pay over $4.95 million in restitution in a recent real estate fraud case. In addition to the $4.95 million, the Commission ordered Terry Samuels to pay a $90,000 administrative penalty for “fraudulently offering and selling unregistered membership interests in limited liability companies that were [...]
According to an unofficial panel of experts, the global accounting groups Ernst & Young and KPMG have been cleared of any responsibility for the recent $1.7 billion accounting fraud at the Olympus Corporation. The two firms are still under official review, however. When questions were first raised, Olympus hired a panel of lawyers to look [...]
Early Thursday morning, a Chandler man was arrested after police caught him with stolen copper wiring, and drug paraphernalia. Police had been receiving reports of copper and other metal thefts in the area when they saw Michael Patrick Pargy jumping a fence at a brand new Fulton Ranch housing development on Arizona Ave south of [...]
On Tuesday, a Chandler man, Edward Purvis, plead guilty to orchestrating a Ponzi scheme involving phony businesses, fake gold mines, and bogus promises to fund Christian causes. In a series of events lauded as “bizarre,” this is the latest turn in a case that has been ongoing since 2006. This guilty plea was a part [...]
Michael Swedo, a Payson man, was sentenced to 5 years in prison for defrauding more than $83,000 from 16 different insurance companies throughout Arizona. According to sources, Swedo filed phony claims for windsheild repairs, using over 200 policyholders real names and information. Victims are scattered throughout Pinal, Pima, Yavapai, Maricopa, and Cochise counties. Swedo was [...]
