The Pentagon Can't Account for $45 Billion It Spent in Afghanistan

The Department of Defense has spent $66 billion since 2002 rebuilding Afghanistan. But amazingly, it can't account for $45 billion of that money. That's billion with a B. » 3/31/15 6:43pm Yesterday 6:43pm

It's Very, Very Easy for Hackers to Steal Your IRS Account

The only thing that sucks worse than doing taxes is a hacker stealing your identity, doing your taxes for you, and then depositing your return in a random bank account, where it can later be transferred to Nigeria. Sound impossible? It's not, according to the story of an unlucky man named Michael Kasper.
» 3/30/15 4:20pm Monday 4:20pm

Feds Charged With Stealing Money During Silk Road Investigation

Two former federal agents who investigated the Silk Road, the infamous online drug marketplace seized by the FBI in 2013, have been charged for their own outrageous digital crimes, including stealing money they acquired on their druggie undercover assignment. » 3/30/15 12:40pm Monday 12:40pm

Inmate Walks Free After Emailing Release Instructions to Prison Staff

An inmate who was in prison for multiple charges of fraud is apparently up to his old tricks. Posing as a senior court clerk, Neil Moore, 28, used an illicit mobile phone to email fake bail instructions to prison staff, who released him. Well, that's embarrassing. » 3/29/15 10:00am Sunday 10:00am

Stolen Uber Accounts Are Selling for a Dollar on the Dark Net  

Withdrawing Cash With a Smartphone Could Beat The Card Skimmers

The U.S. loses more money to card fraud than the rest of the world combined — something that's mostly down to the magnetic stripes that make our cards incredibly hackable. Although more secure technologies are coming, they'll require time and money to adopt. But one kindly Canadian bank has a secure system that only… » 3/15/15 11:00pm 3/15/15 11:00pm

Facebook Fraudster Jumps Bail By Giving His GPS Anklet a Mind of Its Own

A man under house arrest for faking an ownership stake in Facebook is missing after rigging up an elaborate contraption to make it look like he was still in his home. » 3/13/15 11:13am 3/13/15 11:13am

What To Do If Your Social Security Number Has Been Stolen in a Hack

Last week, health insurer Anthem lost over 80 million patient records, including sensitive information like social security numbers, email and physical addresses, and more. The fallout has already started, with Anthem customers getting bombarded with phishing scams. If you're an Anthem customer—or are just worried… » 2/09/15 1:22pm 2/09/15 1:22pm

Turns Out Apple Pay Can't Solve Credit Card Fraud

Among other things, Apple's Second Coming of the Mobile Payment Solution was meant to fix our broke-ass credit card security system. Only, according to (unconfirmed) reports, it's doing exactly the opposite. » 1/26/15 9:00pm 1/26/15 9:00pm

GoFundMe Is a Great Way to Scam People

I'm not the morality police over here, but I'm just gonna go ahead and say that people should not scam each other. Think of a scam free world! We would be free to trust unlucky Nigerian princes and Publisher's Clearing House. So, first of all: Don't rip people off. It's rude. But if you were going to perpetuate a… » 1/23/15 2:50pm 1/23/15 2:50pm

Report: A Flaw In Visa's Contactless Card Lets Anyone Charge It $999,999

Contactless credit cards are a hit in the UK. But a British research team has revealed a serious security flaw that allows anyone to charge up to $999,999.99 in foreign currency to a nearby card, even while it's still in a wallet or purse. » 11/03/14 9:55am 11/03/14 9:55am

You Can Buy Fake College Email Accounts For As Little As 16 Cents

Want to pretend you went to the Ivy League? If you have some money and know how to log onto China's version of eBay, Taobao, it's not so hard. It is, however, illegal. » 9/10/14 1:24pm 9/10/14 1:24pm

Home Depot Confirms Hack: As Many As 60 Million Cards Stolen

Home Depot confirmed today that the company was, indeed, the victim of a large credit card breach reported by many customers last week. An estimated 60 million card numbers were stolen, which would make it the biggest such hack in retail history. » 9/08/14 7:26pm 9/08/14 7:26pm

The most abused Social Security number of all time is 078-05-1120

Back in 1938, the head of a wallet manufacturing company in Lockport, New York thought it'd be a great idea to show how well his new wallets could hold the then-new Social Security cards being issued to Americans. His sample card used his secretary's real social security number (078-05-1120) and as you can guess,… » 7/28/14 6:23pm 7/28/14 6:23pm

Beware Crooks Stealing Your Card Details at Car Washes

There's a new trend sweeping the credit card fraud business, and it takes the concept of money laundering quite literally: criminals are swiping card details from car washes. » 6/23/14 7:58am 6/23/14 7:58am

Credit Card Stolen? Don't Panic. Here's What to Do

You might have just found out that your credit card number may be compromised. Target reports that up to 40 million customers may have had their names, card numbers, expiration date and security code stolen via hacked credit card checkout scanners. Here's how to find out if you're one of them, and what to do next. » 12/19/13 12:20pm 12/19/13 12:20pm

Signifyd Checks Your Tweets to Make Sure Your Spending Spree's Legit

When it works right, fraudulent charge detection is great. But sometimes businesses mistakenly freeze your legit purchases — usually when you're traveling somewhere far-flung and can't easily straighten things out. Signifyd, launched today, hopes to fix that by watching your social media to see when you're really on… » 10/16/13 10:20am 10/16/13 10:20am

Kickstarter Project Canceled After Dude Spends All the Money

If you were thinking about donating some money to help Spike Lee get back on his feet, maybe think twice: this guy just raised over $120,000 to make a game, and then just walked away with all the money. Contrary to what The Crowd Economy preaches, strangers can still screw you. » 7/25/13 4:59pm 7/25/13 4:59pm

ATM Skimming Is Now Prolific on Payment Terminals and Ticket Machines

ATM skimming has become an art in recent years, with the devices that crooks use becoming ever more sophisticated. But fraudsters are broadening their reach, with payment terminals and ticket machines now just as much targets as ATMs. » 4/01/13 7:48am 4/01/13 7:48am