Fraud
Betsi Cadwaladr University Health Board, Wales's largest health board, has acknowledged its role in a significant PS9.4m accounting blunder. A 2023 report from Audit Wales revealed that errors occurred when PS9.4m expenditure was mistakenly recorded in 2021/22 as if it related to 2022/23. Following
Fraud
The American Securities Association (ASA) has sounded the alarm on the growing threat of cyber criminals using artificial intelligence (AI) to target American investors and consumers. In a letter to the Senate Banking Committee, ASA President and CEO Chris Iacovella warned that AI-enhanced fraud has become a lucrative business opportunity
Fraud
The U.S. Department of Homeland Security's (DHS) Science and Technology Directorate has announced the third phase of the Remote Identity Validation Rally (RIVR), a series of challenges aimed at improving identity verification technology. This phase will focus on detecting fraudsters attempting to impersonate others using high-resolution photographs,
Fraud
New York State Inspector General Lucy Lang has made significant strides in cracking down on workers' compensation fraud, exposing two separate cases of Long Island residents who claimed benefits while engaging in off-the-books work. The investigations revealed that both individuals, Nicholas Gallagher and Antonio Esposito, earned substantial amounts of
Fraud
As the use of AI-generated deepfakes continues to rise, causing substantial financial losses and threatening democratic values, Denmark is taking a bold step to safeguard individuals' rights. The country's government is proposing an amendment to its digital copyright law, which, if passed, would be the first of
Fraud
A 28-year-old Bangladeshi model and actor, Shanta Pal, was arrested in Kolkata on July 27 in connection with a cheating case, highlighting concerns over immigration and identity fraud. The arrest has sparked tensions in the region, particularly in the wake of a political row over the detention of migrant workers
Fraud
The Social Security Task Force in the State of Amazonas, in partnership with the Federal Police and the General Coordination of Social Security Intelligence (CGINP), has launched two operations to dismantle criminal associations specialized in fraudulently obtaining prison assistance benefits. Operation "Falsi Captivi" and Operation "Fake Prison&
Fraud
Fred Ajudua, a Nigerian businessman accused of defrauding a Palestinian businessman, Zad Abu Zalaf, of $1,043,000, had his fresh bail application denied by the Special Offences Court in Lagos. The court, presided over by Justice Mojisola Dada, refused to consider the application due to a pending motion for
Fraud
The United States Attorney's Office for the Eastern District of New York announced that Sherry Xue Li, 53, of Oyster Bay, New York, pleaded guilty to charges related to a nearly decade-long scheme to defraud investors in a fictitious development project out of more than $30 million. Li,
Fraud
The Central Bureau of Investigation (CBI) in Mumbai busted a cybercrime racket that targeted unsuspecting US citizens by claiming their online accounts had been compromised and used for illegal activities. The fraudsters, operating from a call centre in Pune, extracted money from their victims by impersonating customer care executives of
Fraud
Federal authorities executed search warrants at four properties associated with individuals allegedly involved in an identity, tax, and welfare fraud syndicate targeting unsuspecting Australians. The operation, led by the Australian Taxation Office, has identified four individuals alleged to have engaged in tax fraud, identity fraud, welfare fraud, and money laundering.
Fraud
Environment Agency officers have arrested two men and a woman suspected of conspiracy to commit fraud and money laundering as part of an investigation into illegal recycling paperwork. The suspects were detained in raids with North West Regional Organised Crime Unit, with one individual arrested at a property in Bolton
