Page 20 - Fraud Division News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Missouri State Auditor releases citizen-requested audit of Raytown 2 Shares Missouri State Auditor Nicole Galloway today released an audit of the City of Raytown, located in Jackson County. The audit was completed after citizens petitioned for a review of the city’s finances and operations. In response to the audit, the city has committed to making changes to address the findings.    “Citizens requested this audit for a thorough and independent review of their city government. We found several areas in which improvements can be made to increase transparency and ensure the city is manag...

Common cryptocurrency scams and how to avoid them enablePagination: false endIndex: Metro Manila (CNN Philippines) — Is cryptocurrency a scam? It isn't, but you should still be careful with fraudulent schemes that ride on its popularity. Cryptocurrency is a volatile enough investment as it is. Don't fall prey to these common cryptocurrency frauds. Scam No. 1: Fake cryptocurrencies A common scam is presenting a new cryptocurrency as an alternative to popular digital monetary currencies like Bitcoin. Fraudsters would lure victims into believing it's too late to cash in on Bitcoin, and they w...

December 17, 2020 THE Office of the Ombudsman has ordered the preventive suspension of Mactan Cebu International Airport Authority (MCIAA) General Manager Steve Dicdican. In the order dated December 16, 2020, Ombudsman Samuel Martires said Dicdican should be placed under preventive suspension for six months without pay pending investigation on the charges filed against him by the National Bureau of Investigation (NBI). The NBI, represented by its Anti-Fraud Division chief Palmer Mallari, filed a complaint against Dicdican last December 14 for grave misconduct, gross neglect of d...

Published December 15, 2020, 2:00 PM Get-rich-quick cryptocurrency scams have proliferated online, shamefully seeking to take advantage of netizens who are merely trying to augment their incomes during these difficult times. The Securities and Exchange Commission (SEC) investigated more than 30 of these online scams as of April 2020, all of which were deceiving victims into investing money into illegal investment operations with the promise of large and quick returns. Fraudulent cryptocurrency platforms use Ponzi or pyramiding schemes, which generate returns for earlier investors by taking la...

endIndex: Metro Manila (CNN Philippines) — It is easy to fall into the trap of get-rich-quick schemes. Even smart people - those who are educated, financially literate, and wealthy - become easy targets. With the pandemic and the economic slowdown, people can impulsively make irrational decisions as scam artists take advantage of their emotional vulnerability to make ends meet. 1. Don’t let your guard down. The first rule on investments is that if you do not understand how the instrument works, don't sink your funds into it. A simple check for whether you truly understand an investment i...