Banks (Finance)
Charities have warned that innocent pensioners risk being unfairly dragged into lengthy investigations and fraudulent claims under new Government powers that will allow the Department for Work and Pensions (DWP) to demand data on benefit claimants' accounts and directly claw back overpayments. The new rules, currently being debated in
Banks (Finance)
A new report from Cornerstone Advisors, commissioned by Quavo Fraud & Disputes, has uncovered the critical role of the fraud resolution experience in shaping consumer trust, card usage, and long-term banking relationships. The study, which captured feedback from over 2,000 U.S. consumers who experienced fraudulent activity since 2020,
Banks (Finance)
The Hong Kong Monetary Authority (HKMA) has issued a warning about phishing scams targeting banks in Hong Kong, with common tactics including fraudulent websites, internet banking login screens, phishing emails, and other scams. The authority is urging the public to be cautious when receiving emails or SMS with embedded hyperlinks
Banks (Finance)
Multiple individuals, including a US Postal Service (USPS) employee, have been charged in a massive credit card theft scheme that resulted in attempted losses of over $300,000. Hakir Brown, 27, pleaded guilty to conspiring to commit bank fraud, and several others have been charged or indicted in connection with
Banks (Finance)
Andrew P. Blassie, the former Executive Vice President of the Bank of O'Fallon, has been sentenced to 63 months in prison for his role in a $2 million check kiting scheme. Blassie admitted to using his position to defraud the bank and its customers, and was also ordered
Banks (Finance)
Tawhnee Willow Colvin, a former Assistant Director of the Spokane Tribe of Indians' Department of Health and Human Services and Division of Child and Family Services (DCFS), has been convicted of twenty-five counts of Bank Fraud and one count of Embezzlement. As evidence presented at the trial established, Colvin
Banks (Finance)
A jury's guilty verdict in a conspiracy to commit bank and wire fraud case has led a court to order the forfeiture of $493,994.54, with the government arguing that the defendant's scheme was inherently illegal and therefore an "illegal service" rather than
Banks (Finance)
United States Attorney Pete Serrano announced the conviction of Tawhnee Willow Colvin, former Assistant Director of the Spokane Tribe of Indians' Department of Health and Human Services and Division of Child and Family Services (DCFS), for bank fraud and embezzlement. Colvin abused her position of trust to make over
Theft
Cincinnati, Ohio, has witnessed one of its most substantial mail theft cases come to an end, with Treyvon Alexander, 21, from Georgetown, Kentucky, receiving a 72-month prison sentence for orchestrating the operation. A complex scheme involving a former postal employee, Destiny Neblett, and others, resulted in the theft of 1,
Banks (Finance)
A federal grand jury in Georgia has indicted eight individuals associated with the House of Prayer Christian Churches of America (HOPCC) on various charges, including bank fraud, wire fraud, and tax evasion. According to the indictment, the defendants exploited their leadership positions to manipulate and control church members, forcing them
Theft
Aviance Shepard, 34, pleaded guilty in federal court to taking part in a bank fraud scheme, involving a stolen check worth $881,324. The check was obtained from the United Parcel Service mail stream in March 2023. Shepard opened a business account and deposited the stolen check, obtaining $320,000
Banks (Finance)
In a significant crackdown, the U.S. Attorney's Office has issued a news release detailing the indictment of eight individuals connected to the House of Prayer Christian Churches of America (HOPCC) for various fraud schemes and tax charges. The indictment, unsealed on September 10, 2025, charges the defendants
