Cybercriminals aren’t so different from the rest of us — they live in the real world, and their spending and investment habits, though funded through crime, can look surprisingly ordinary. Luxury cars and lavish vacations may still grab headlines, but those perks are reserved for the most elite cybercriminals. In reality, everyday businesses — like pizza…
Category: financial fraud
blockchain, Cybercrime, Federal Bureau of Investigation (FBI), financial fraud, Global Security News, Josh Gottheimer, pig butchering, Policy, Scott Fitzgerald, Zach Nunn
House bill seeks better tech to combat financial fraud scams against elderly
A bipartisan trio of House lawmakers is pushing a bill that would give law enforcement more resources to tackle financial fraud, pig butchering and other scams that specifically target older Americans. The Guarding Unprotected Aging Retirees from Deception (GUARD) Act from Reps. Zach Nunn, R-Iowa, Josh Gottheimer, D-N.J., and Scott Fitzgerald, R-Wis., would give state,…