Banking / Financial

Common Fraud Schemes

The following are some of the most common scams that the FBI investigates and tips to help prevent you from being victimized.

Gameover Zeus (GOZ), a peer-to-peer variant of the well-known banking Trojan Zeus, uses a decentralized network infrastructure of compromised personal computers and web servers to execute command and control of victim computers. GOZ is primarily used by cybercriminals to harvest banking information, such as login credentials, from a victim's computer. To date, GOZ activity has led to the loss

Financial Institution Fraud

Financial institution fraud (FIF) investigations are among the most time-consuming white collar cases undertaken by law enforcement. Separate from mortgage fraud, FIF involves a variety of internal and external schemes perpetrated across varying platforms against traditional retail banks, credit unions, and other federally-insured financial institutions. Externally, some common schemes include che

Occupational Fraud: Protect your Business from the Enemies Within!

When times are tough and the economy is struggling to regain its footing, many businesses and individuals find themselves under intense financial and emotional pressure. Salaries are being reduced, lay-offs are rampant, house values are falling, and their financial safety net has unraveled. Morale is down and fear is up. Survival instincts kick in and good people do bad things. It's a fact of

Financial Crime and You

The impact of a financial crime may have serious and long-term consequences. Individuals who experience financial crimes report feeling isolated, hopeless, and betrayed, but there is help. The FBI realizes that you will most likely have questions about how your case will be handled and what services and information will be available to you.

The State of Financial Crime

The founder of a $7 billion hedge fund is convicted of insider trading. A drug company pleads guilty to making and selling unsafe prescription drugs to Americans. The head of a financial company admits scamming distressed homeowners who were trying to avoid foreclosure.

9 Tips to Avoid Financial Fraud

Investment fraud is as old as the world itself. From the day we stopped trading livestock and produce and began using money as a means of exchange, dishonest people have been trying to cheat and swindle it away. Though it is an old problem, recently Bernie Madoff and now (allegedly) Allen Stanford have brought it back to our attention in a big way.