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CHESHIRE, CT A Cheshire man who worked as an investment adviser has pleaded guilty to a federal charge in connection with stealing more than $600,000 from an elderly client, according to officials.
Matthew O. Clason, 39, waived his right to be indicted and pleaded guilty Wednesday to one count of wire fraud related to his misappropriation of more than $600,000 from an investment client, Acting U.S. States Attorney for Connecticut Leonard C. Boyle announced.
According to court documents and statements made in court, Clason was an investment adviser and a registered representative of Lincoln Financial Advisors Corporation, and then LPL Financial LLC.
Cyber Threats Rise Amid Chaos Resulting from Pandemic
With local governments, schools and businesses using the Internet to stay connected, hackers have been at work trying to exploit weaknesses in computer systems to steal money and personal information.
April 26, 2021 • (TNS) With local governments, schools and businesses using the internet to stay connected during the pandemic, hackers have been busy at work trying to exploit weaknesses in computer systems to steal money and personal information.
The Federal Bureau of Investigation s Internet Crime Complaint Center logged 791,790 complaints of suspected internet crimes last year an increase of more than 300,000 complaints from 2019. Reported losses exceeded $4.2 billion.
SSMPD chief receives scam call, urges residents to be cautious sooeveningnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sooeveningnews.com Daily Mail and Mail on Sunday newspapers.
[co-author: Andy Sawyer]
Business email compromise (BEC) threats are soaring. Huge amounts of money are at risk. We share some practical tips to reduce the chances of being swindled and to try to recover amounts if you are.
In BEC and related scams, the threat actors trick unsuspecting targets into sending money to the perpetrators, often either by fraudulent wire or ACH transfer instructions.
1 These scams, which target organizations from multinational corporations to small churches, rely heavily on the art of deception to defraud targets or to dupe them into desired action.
The Schemes
Generally, BECs involve communications with the target organization that are designed to appear legitimate. Threat actors have developed certain variants of BEC scams.
Chippewa County law enforcement warns public about scams sooeveningnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sooeveningnews.com Daily Mail and Mail on Sunday newspapers.