News & Analysis as of

Scams

BakerHostetler

Weekly Blockchain Blog - March 2025 #3

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US Digital Asset Companies Achieve Licenses, Launch Products - According to a recent press release, Ripple, a U.S. digital asset infrastructure provider, announced that it has “received approval from the Dubai Financial...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #435 – Threat Actors Go Retro: Using Snail Mail for Scams

We have educated our readers about phishing, smishing, QRishing, and vishing scams, and now we’re warning you about what we have dubbed “snailing.” Yes, believe it or not, threat actors have gone retro and are using snail...more

Jones Day

Australia Passes Landmark Scam Prevention Legislation

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On 13 February 2025, the Australian Federal Parliament passed the Scams Prevention Bill 2025 (Cth) ("Bill"), the first of its kind worldwide....more

Robson & Robson, P.C.

Excessive Compensation: What to do when the co-owners of your business pay themselves excessively

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Attorney Edward Robson shares his strategies for dealing with a business dispute that involves excessive compensation, particularly in cases involving co-owners of a business. Learn more at https://robsonlaw.com/ TRANSCRIPT:...more

Cozen O'Connor

Iowa Takes a Swipe at Crypto ATMs for Alleged Role in Consumer Scams

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Iowa AG Brenna Bird sued cryptocurrency ATM operators Lux Vending, LLC, and Bitcoin Depot Operating, LLC (collectively, “Bitcoin Depot”) and GPD Holdings LLC d/b/a CoinFlip (“CoinFlip”) for allegedly failing to protect...more

Offit Kurman

Facing the Scam: What to Do If You've Fallen Victim to a NYC Apartment Rental Scheme

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There is a horrific scam that preys on the vulnerability of renters in New York City, and it happens more often than you might think. The process of securing an apartment in the city is already difficult enough. It involves...more

Faegre Drinker Biddle & Reath LLP

What’s New with FINRA’s Recent 2025 Regulatory Oversight Report

2025 is here, and so is FINRA’s 2025 Annual Regulatory Oversight Report (Report). On January 28, 2025, FINRA published the Report, which provides firms with insight into FINRA’s findings from recent observations and...more

K&L Gates LLP

Combatting Scams in Australia and the United Kingdom

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In response to the growing threat of financial scams, the Australian Government has passed the Scams Prevention Framework Bill 2025. The Scams Prevention Framework (SPF) imposes a range of obligations on entities operating...more

K&L Gates LLP

Australia's Proposed Scams Prevention Framework

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In response to growing concerns regarding the financial and emotional burden of scams on the community, the Australian government has developed the Scams Prevention Framework Bill 2024 (the Bill). Initially, the Scams...more

Holland & Knight LLP

Fifth Circuit Strikes Down FTC's Auto Retail Scam Rule: Key Implications for Dealers

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The U.S. Court of Appeals for the Fifth Circuit on Jan. 27, 2025, vacated the Federal Trade Commission's (FTC) Rule on Combating Auto Retail Scams (CARS Rule) before it could take effect, finding that the FTC failed to follow...more

Sheppard Mullin Richter & Hampton LLP

Fifth Circuit Strikes Down FTC’s ‘Junk Fee’ Rule for Auto Dealers

On January 24, 2025, the Fifth Circuit Court of Appeals struck down an FTC rule aimed at curbing deceptive advertising and sales practices in the auto industry. The rule, which sought to prohibit certain “junk fees” and...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #429 – Threat Actors Continue to Use QR Codes for Fraudulent Purposes

We have repeatedly warned our readers about malicious QR codes and their use by threat actors. Threat actors are now using these codes to disguise packages as gifts....more

K&L Gates LLP

Be Wary: Sophisticated Scam Emails Impersonating IP Attorneys

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Business owners should be aware of a new email scam circulating impersonating an intellectual property (IP) representative, containing false information, and offering trademark assistance. This nefarious email scam is sent by...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #428 – Getting Text Messages From E-ZPass or Toll Road Operators? They’re Scams Coming from China

This week, I received a fake text message (a smish) saying my E-ZPass account was overdue and that I urgently needed to pay it. That’s a new one and, apparently, quite effective. Luckily, I knew it was a scam, but others were...more

Troutman Pepper Locke

New York Federal Court Grants Bank’s Motion to Dismiss in Wire Fraud Case Involving Elderly Customer

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On December 18, the U.S. District Court for the Southern District of New York granted a bank’s motion to dismiss the complaint in a case involving wire transfers of an elderly customer who was the victim of an internet scam....more

Volpe Koenig

Recognizing and Avoiding Trademark Scams and Hoaxes

Volpe Koenig on

In this episode of IP Goes Pop!®, hosts Michael Snyder and Joseph Gushue are joined by Jason Lott, Managing Attorney for Trademark Customer Outreach at the US Patent and Trademark Office (USPTO), to explore the evolving...more

Lowenstein Sandler LLP

Emerging Threat: Task-Based Employment Scams Target Businesses and Their Employees

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A new wave of sophisticated gamified job scams, often called task scams, is targeting both companies and job seekers, according to recent Federal Trade Commission (FTC) data. These scams trick people into performing simple,...more

Foodman CPAs & Advisors

IRS Consumer Alert to Avoid Scams

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On 12/2/24, the IRS, along with its Security Summit partners, issued an IRS Consumer Alert and cautioned taxpayers to exercise heightened vigilance during their holiday shopping, as scammers are actively seeking personal...more

Ankura

North Korean “Laptop Farm” IT Worker Scam Targets Multiple High-Profile Companies

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Major U.S. companies targeted by North Korean threat actors disguised as remote IT workers. Multiple individuals responsible for stealing millions of dollars have already been apprehended by U.S. authorities....more

Jones Day

Trademark Scams 101: Common Signs of Scams and How to Avoid Them

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Scams related to U.S. trademark filings are becoming more common and sophisticated, making these scams increasingly difficult for trademark owners to identify....more

K2 Integrity

Don’t Let Cyber Scams Ruin the Holidays: Keep the Holiday Season Festive for Your Organization

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“It’s the most wonderful time of the year”—or is it? Unfortunately, it can be the most wonderful time for criminals, who try to prey on financial generosity through scams and frauds. Extra vigilance is needed during the...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #425 – Late Shoppers: Beware of Scammers Sending You to Fake Websites

Scammers prey on us when we are most vulnerable. Although some of us are early holiday shoppers, others wait until the last minute to complete their holiday shopping....more

Adler Pollock & Sheehan P.C.

Beware of Inheritance Scams

Whenever large sums of money are involved, don’t be surprised if scammers come out of the woodwork. This is especially true today, as criminals have a variety of tools at their disposal, such as phishing emails, designed to...more

Troutman Pepper Locke

Troutman Pepper Weekly Consumer Financial Services Newsletter – December 2024 # 3

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To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week...more

Wiley Rein LLP

Wiley Consumer Protection Download (December 17, 2024)

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Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory...more

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