📢 Anti-scam and fraud task force unveils first of its kind national #strategy Last week, the Aspen Institute unveiled the first coordinated national strategy to prevent #scams and combat #fraud with input from the private and public sectors. Despite an estimated 1 in 5 U.S. adults having lost money to online scams (leading to $158B in losses each year), the strategy is the first effort for a national plan with the goal to "deter criminals, disrupt scams in real time, and restore consumer trust in America’s financial, digital, and communications systems." Key recommendations from the task force include: 1️⃣ Congress and the White House should declare scam prevention a national priority. 2️⃣ Companies should work to strengthen system defenses and bolster #informationsharing across sectors. 3️⃣ Law enforcement should expand capabilities to recover assets, expand anti-scam intelligence capabilities, and coordinate across jurisdictions. 🔗National Strategy: https://lnkd.in/eCUqwgMC 🔗 Press release: https://lnkd.in/ePmhUmdZ
Aspen Institute unveils national anti-scam strategy
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🚨 Day 265: Flippa’s Silence Makes Fraud Predictable 🚨 It’s Day 265. Nine months of documented scams—fake revenue, fake traffic, stolen code—plus insider favoritism and whistleblowers banned. And for 265 straight days, Flippa’s leadership has chosen the same response: silence. Silence that doesn’t just allow fraud—it systematizes it. When the rules are never enforced and the truth is never addressed, scammers don’t guess—they plan. 🔥 Still Unanswered at Day 265: ✅ Why scam listings with fabricated metrics and stolen assets remain active ✅ Why repeat scammers relist under new accounts without consequence ✅ Why staff-linked favoritism shields select sellers from enforcement ✅ Why whistleblowers are punished while fraudsters profit ✅ Why CEO Blake Hutchison refuses public debate or accountability—265 days straight 🚨 A trustworthy marketplace creates certainty for honest buyers. Flippa’s silence creates certainty for scammers. 🛑 Day 265: We’ll keep documenting the pattern their quiet makes possible. 👉 Visit Flippascam[dot]com to see the archive Flippa still won’t face. #Day265 #FlippaScams #ExposeFlippa #DigitalMarketplace #TransparencyMatters #FlippaFraud #AccountabilityNow #WhistleblowerRights #FlippaMafia #CensorshipExposed #ExposeFlippaSupport #OnlineBusiness #BlakeHutchison #TruthAlwaysWins #TrustNotTrials
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As data breaches continue to make headlines, many Australians – particularly older ones – are understandably worried about their personal information falling into the wrong hands. The good news is that there are ways to protect yourself from credit fraud and identity theft. Arca CEO, Elsa Markula explains some simple, practical steps that can help safeguard your credit and financial wellbeing. https://lnkd.in/gHKZJmz3 #Arca #creditsmart #databreach #identitytheft #creditfraud #identityprotection #creditreport
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The cost of fraud has risen to $5.75 for every $1 lost, creating significant financial and operational challenges for institutions. Addressing these issues effectively requires advanced tools and technologies to combat increasingly complex fraud schemes. #fraud #frauddetection #fraudprevention LexisNexis Risk Solutions
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You’ve likely heard about seller impersonation fraud by now, but knowing it exists and understanding how it plays out are two different things. In our latest guide, we break down what seller impersonation fraud is, highlight the red flags agencies must watch for, outline best practices for prevention, and show how technology is equipping title agencies to stay one step ahead of fraudsters. Get the must-know info: https://bit.ly/3VOkYEu
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🚨 Day 260: Flippa’s Silence Turns Fraud Into “Buyer Beware” 🚨 It’s Day 260. Nine months of documented scams, fake metrics, stolen code, insider favoritism, and whistleblowers banned—met with the same response from Flippa’s leadership: silence. That silence converts platform failure into buyer blame. If you’re scammed, they imply you didn’t do enough due diligence—while they keep the fee and keep the listings live. 🔥 Still Unanswered at Day 260: ✅ Why scam listings with fabricated revenue/traffic and stolen assets remain live ✅ Why repeat scammers relist under new accounts without consequence ✅ Why staff-linked favoritism shields select sellers from enforcement ✅ Why whistleblowers are punished while fraudsters profit ✅ Why CEO Blake Hutchison refuses any public debate or accountability—260 days straight 🚨 A trustworthy marketplace reduces risk. Flippa’s silence outsources it—to the very people it should protect. 🛑 Day 260: We’ll keep documenting what their quiet is costing buyers. 👉 Visit Flippascam[dot]com to see the archive Flippa won’t face. #Day260 #FlippaScams #ExposeFlippa #DigitalMarketplace #TransparencyMatters #FlippaFraud #AccountabilityNow #WhistleblowerRights #FlippaMafia #CensorshipExposed #ExposeFlippaSupport #OnlineBusiness #BlakeHutchison #FlippaCampaign #TruthAlwaysWins #TrustNotTrials
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ICYMI: The fraud defense blind spot banks can't afford 🔍 Fraudsters don't pick favorites between payment types, so why are we still defending them separately? Jason Blackhurst breaks down why holistic fraud prevention isn't optional anymore: it's existential. One stat that landed: 54% of scam victims consider switching providers after fraud. For smaller institutions, one attack can be terminal. The solution? Stop treating fraud as a cost of doing business and start treating it like the board-level threat it's become. Full article in the Financial Times: https://lnkd.in/eKk8wK2D
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What is one of the most elusive threats in #creditrisk? First-party fraud. And it can be hiding in plain sight within early payment defaults (EPDs). In our latest Credit in Focus episode, Kevin King and Kimberly White from LexisNexis Risk Solutions unpack how identity and intent-based behaviors impact fraud detection and portfolio performance. Tune in to learn: • Why early-stage defaults are a key signal of first-party fraud • How to distinguish between identity theft, synthetic identity and manipulation • How to build smarter defenses that balance loss prevention, customer friction and operational efficiency Listen now: https://splr.io/6048sFv9a
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FCA: COMBATING ROMANCE FRAUD – PREVENTION, DETECTION AND SUPPORTING VICTIMS On 17 October, the FCA in the UK published this review of 6 firms and how they detect and prevent romance fraud, and support victims. https://lnkd.in/eMMBxxxV
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🚨 Fraud Awareness: Stay Alert, Stay Secure! 🚨 In today’s fast-moving digital world, fraudsters are getting smarter — but so can we. 💡 Whether it’s identity theft, document tampering, or synthetic fraud, every suspicious detail tells a story. And that’s where awareness becomes our strongest weapon. ⚔️ 💼 A few golden rules for every professional: ✅ Always verify — never assume. ✅ Spot inconsistencies in documents or data. ✅ Stay updated with the latest fraud trends. ✅ Encourage your team to speak up when something feels off. Remember — Fraud prevention starts with awareness. Each of us plays a role in keeping the system fair, transparent, and trustworthy. 🌐 Let’s stay one step ahead. Always. 💪 #FraudAwareness #Underwriting #FinancialIntegrity #KYC #AML #RiskManagement #CreditRisk #SBIcard #FraudPrevention #FinancialSecurity
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