Fund Targets Victims Scammed Via Western Union

If you, a friend or loved one lost money in a scam involving Western Union, some or all of those funds may be recoverable thanks to a more than half-billion dollar program set up by the U.S. Federal Trade Commission. In January 2017, Englewood, Colo.-based Western Union settled a case with the FTC a...

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Fund Targets Victims Scammed Via Western Union

If you, a friend or loved one lost money in a scam involving Western Union, some or all of those funds may be recoverable thanks to a more than half-billion dollar program set up by the U.S. Federal Trade Commission. In January 2017, Englewood, Colo.-based Western Union settled a case with the FTC a...

Continue reading

‘Money Mule’ Gangs Turn to Bitcoin ATMs

Fraudsters who hack corporate bank accounts typically launder stolen funds by making deposits from the hacked company into accounts owned by “money mules,” willing or unwitting dupes recruited through work-at-home job scams. The mules usually are then asked to withdraw the fund...

Continue reading

‘Money Mule’ Gangs Turn to Bitcoin ATMs

Fraudsters who hack corporate bank accounts typically launder stolen funds by making deposits from the hacked company into accounts owned by “money mules,” willing or unwitting dupes recruited through work-at-home job scams. The mules usually are then asked to withdraw the fund...

Continue reading