Articles Tagged with ''fraud trends''

Tax identity fraud could cost the U.S. $21 billion over the next five years, and violent crime is taking advantage of the ease of the crime.

$200 million-worth in automobiles, electronics and gold was purchased on some 25,000 fraudulent credit cards in an 18-person crime ring, prosecutors allege.

The Better Business Bureau investigates thousands of scams every year. What are the top 10 scams for 2012?

The industry will lose nearly $9 billion to return frauds this year, with nearly $3 billion of that estimated to come from the holiday season alone. 

Retailers in the U.S. are expected to lose $8.9 billion over the holiday season, mid-November through Christmas, as a result of shoplifting, dishonest employees and vendor or distribution losses.

There are 10,000 active identity theft crime rings across the U.S., especially in the Southeast.

A bookkeeper pleaded guilty to allegations she embezzled more than $50 million from a small city in Illinois.

A former executive at an airplane repair company with government contracts pleaded guilty to recklessly endangering the safety of aircraft, according to the Justice Department.

Some security experts think there could still be some problems today on election day -- some lost or misattributed votes could go completely undetected.