Last Thursday it was announced that Laurentiu Ilian Bulat was arrested yesterday for allegedly participating in a fraud ring that stole at least $1.5 million from HSBC customer bank accounts by installing “skimming” devices on more than 40 ATMs in Manhattan, Long Island, and Westchester, New York. According to the Complaint since May 2011, the … Read more
Earlier this month, Dorothy Shields Talbot, was sentenced to 46 months in prison, followed by three years of supervised release, for wire fraud in connection with a scheme to steal over $375,000 in donations from her employer, United Way of Central Maryland. According Talbot’s plea agreement, the United Way of Central Maryland was a non-profit … Read more
Three New York residents were charged last week with an indictment charging them with conspiracy, bank fraud and identity theft offenses related to an alleged participation in an ATM “skimming” scheme across southern New England. Gabriela Graham and two citizens of Turkey, Mehmet Aydin and Ahmet Cilek, were each charged with one count of conspiracy … Read more
Andrew Hamilton Williams, Jr., was convicted last week in Maryland of fraud conspiracy, wire fraud and conspiracy to commit money laundering in connection to a massive mortgage fraud scheme. The scheme, entitled “Metro Dream Homes” promised to pay off homeowners’ mortgages on the homes of their dreams but instead left them high and dry. According … Read more
I saw a story that mentioned all ATMs should now be displaying prominent fee alerts in accordance with federal law. As I sat here and read the story I could recollect that my bank had some sort of notice on it’s ATM about fees but wondered how ATMs in general were doing on this. So … Read more
Seriously, an ATM that takes your cash, and soon credit cards, and dispenses little gold bars.
Jon “Dear Steve, Hello, My story is a bit different, and longer than most. feel free to edit as you like. Coming out of high school, I had a job with great perks, and really good pay about a year and a half ago. The problem was, that with all these perks and money at … Read more
The Consumerist site had a great story titled “Why Do Lenders Want You To Use Your Debit Card Like A Credit Card?” in which they brought up the issue again about the differences between a credit card and a debit card. Debit cards have invaded our lives and they are pushed like crack by our … Read more