Fraud Alert Center
Fraud Alert Center
By Tarry Shebesta, Co-Founder of VeriQual™ & FlexPath DXP
Every day, identity thieves exploit weaknesses in our digital and financial systems—stealing not just money, but peace of mind. As someone wh...
The Fraudster’s Method:
A 19-year-old from Florida was arrested after successfully using someone else’s personal information to finance a Porsche Macan at a dealership. The teen walked in with a fake...
A recent Nasdaq article laid it out plainly: banks are no longer just gatekeepers—they’re also first responders in the fight against fraud.
This echoes a growing call from regulators like the Consume...
How the Fraudster Operated:
Dorsey obtained personal identifying information (PII) of two individuals with high credit scores, referred to as K.R. and Z.B. She used this information to apply for vehicl...
How the Fraudster Operated
In a brazen identity theft case out of Escambia County, a woman used another person’s name, Social Security number, and date of birth to fraudulently purchase a truck from Sa...
A Perfect Storm: 184 Million Records and a Rise in Synthetic Fraud
A new urgent warning from the FTC and Social Security Administration comes on the heels of a massive data breach that reportedly exp...
Identity Fraud Up 75% Among UK Auto Dealers
A recent warning from Close Brothers Motor Finance, one of the UK’s leading auto lenders, reveals a startling 75% increase in identity fraud incidents repo...
The Scheme
Between January and May 2023, Theo D. Cooke, 34, from the Bronx, orchestrated a sophisticated fraud operation targeting Missouri financial institutions. Utilizing stolen personal informati...
The breach recently reported by Yahoo Tech exposed over 184 million usernames, email addresses, and hashed passwords, giving cybercriminals a treasure trove of personal data. Using this stolen info, o...
At Auto Finance Summit East 2025, Capital One's fraud risk executive revealed how the company embraces a “Swiss cheese” approach to fraud detection. The idea is simple but powerful: no single layer of...
