This week in phone fraud saw warnings of a new scam involving fraudsters imitating the Financial Ombudsman Service and a couple that was scammed out of $22k.

On Wednesday, the Associated Press reported on a couple in South Dakota who were scammed out of $22,000 by a man claiming to work for federal immigration authorities. The couple, who are in the process of applying for US citizenship, were told that each needed to pay $11,000 for a dispute over their home in their home country of India.

On Thursday, This Is Money warned of a new phone scams aimed at households in the UK. The scam involves fraudsters imitating the Financial Ombudsman Service that cold-call households and state that they need to pay £150 to release compensation to which they are entitled.

Full Breakdown of This Week’s Phone Fraud News

PRWeb: Social-Engineer, Inc. Announces DEF CON 22 Capture the Flag Results in a Complimentary Webinar – Oct. 2. 2014

Philly.com: Try To Spot Phone Scammers – Then Get Back At Them – Oct. 2, 2014

This Is Money: Beware Fraudsters Claiming to be The Financial Ombudsman Service and Who Ask Victims For £150 to ‘Release’ Money Owed to Them – Oct. 2, 2014

Billing World: Fraud Management Collaboration: From ‘Great Idea’ to Real Software and Intelligence Sharing – Oct. 1, 2014

Associated Press: Couple In South Dakota Scammed Out Of $22K By Man Claiming To Be With Immigration Authorities – Oct. 1, 2014

Credit.com: How Can Someone Steal Your Credit Card While It’s Still in Your Wallet? –Oct. 1, 2014

CBS New York: Nassau Officials Urge Vigilance In Response To IRS Phone Scam – Oct. 1, 2014

Boston Herald: State Officials Warn About New Phone Scam – Sept. 30, 2014

SF Weekly: Fake IRS Agents Still Ripping Off San Franciscans – Sept. 29, 2014

South China Morning Post: Phone-Scam Ring Smashed After Cross-Border Raid – Sept. 27, 2014

Daily Finance: Threatening Calls from Fake ‘IRS Agents’ Prompt FBI Warning – Sept. 26, 2014

The Telegraph: Fraud Experts Warn On Hotspots Where Flats Are Targeted With ‘Letter Box Scam’ – Sept. 26, 2014

Security Management: Financial Fraud in Lithuania – Sept. 25, 2014

One Response to Oct. 3, 2014 – The Week in Phone Fraud

  1. chris

    I feel terrible for the couple. That’s a lot of money lost for nothing and they could avoided it if only they were made aware. Everyday, I see complaints lodged at callercenter.com on calls designed to scam people and sadly, there are still a few who fall victim to the scheme every now and then.

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