Phishers (almost) scam grocery giant out of $10 million
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The social engineers known as phishers very nearly reeled in a big one earlier this year: a Minnesota-based grocery chain was duped into making over $10 million in deposits to two fraudulent accounts.
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One page 10 of 2,971-word diatribe A Harvard researcher has accused one of America's biggest retailers of sneaking privacy-stealing spyware from ComScore onto customers' machines.â¦
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US consumers and businesses have lost an estimated $US500 million ($688 million) to the internet scam known as &quot;phishing&quot;, with seven out of 10 lured to fake websites, according to a survey.
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Online brokerage TD Ameritrade Holding Corp. said Friday one of its databases was hacked and contact information for its more than 6.3 million customers was stolen. A spokeswoman for the Omaha-based company said more sensitive information in the same database, including Social Security numbers and account numbers, does not appear to have been taken.
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Also: New Zealand teen runs internet banking scam. Read these stories and more from around the Web on News.com Extra.
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(InfoWorld) - Credit card thieves are becoming big-time charity donors, but it's not out of the goodness of their hearts. According to Symantec, the criminals are starting to use charitable donations as a way to check whether their stolen credit card numbers are working. Fraudsters have been using a similar technique for years, but until recently, they tended to make minor purchases on online retail sites. Now, as these sites have become better at identifying and blocking these transactions, the criminals have begun looking elsewhere, said Zulfikar Ramzan, senior principal researcher with Symantec. "Using a charitable organization as a way to verify a credit card number is a relatively new technique, and it's probably being used by a minority of the more innovative guys," he said. Credit card numbers are bought and sold in underground "carder" forums, which bring together the people who have stolen the credit card numbers with those who want to use them. These charitable donations are typically made by the person buying the card numbers as a final check to ensure that the numbers will work, Ramzan said. Last month, the Red Cross was forced to return nearly $7,000 that was donated in the course of 700 fraudulent transactions, said Carrie Martin, a spokeswoman for the American Red Cross. "We routinely see this kind of activity," she said. "We have someone in place who deals with this on a regular basis." This fraud accounted for a tiny sliver of the Red Cross's $6 billion in revenue last year, but the organization also has to pay staff to stay on top of the fraud, Martin said. This is not the only time that fraudsters have found ways to misuse charities. In another common scam, the criminal will give the charity a fake check and ask that a portion of it be returned in cash. Though the check will initially clear in the charity's bank account it will eventually be returned. By then, however, the charity will have already paid out to the thieves. "These kinds of things have hit charities before," said Ramzan "I feel bad because all these charities are trying to do good and you have these fraudsters that try to take advantage of them because of the way they work."
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PEWAUKEE, Wis., Sept. 5  /PRNewswire/ -- A new "phishing" scam aims to prey on members of credit unions -- not-for-profit, member-owned financial institutions that have more than two million members in Wisconsin.
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The grocery chain is struggling to turn itself around. Will investors keep the faith?
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The maker of dietary supplements that claim to improve everything from sexuality to memory defrauded thousands of customers and banks of at least $100 million, federal authorities say.
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An Australian pleads guilty to fraud after posing as a dispossessed Nigerian to cheat people of their money. Also: eBay penalizes its own con men & hellip;. Microsoft's legal woes not quite over & hellip;. and more.
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Thousands of credit card numbers and other personal data may have been compromised.
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Nine employees or agents of companies that supplied products to U.S. Foodservice Inc. were charged Thursday with falsifying records that helped the company inflate earnings by more than $800 million.
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Vaccines for sale online can be dangerous, and sellers could be perpetrating credit card fraud.
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Apparently it&#39;s not just unwary individuals that fall victim to online scammers. Even large corporations, it seems, can get suckered into parting with their money by devious&#160;phishers.Case in point: Eden Prairie, MN.-based grocery chain Supervalu, which earlier this year got conned into depositing more than $10 million into two fraudulent bank accounts before recognizing the ruse. Details of the case are contained in court documents filed in connection with two forfeiture cases stemming from the incident.According to federal court filings in the U.S. District Court for the District of Idaho, the fraudulent activity took place in late February and early March this year. In the court filings, Stephen Kilgroff, Supervalu&#39;s vice president of legal affairs, said that on February 26 and 28 the company received two separate e-mails, one purporting to be from an employee at American Greetings Corp. and the second from an employee at Frito-Lay, both company-approved vendors.Both e-mails told Supervalu to send future payments for each vendor to new bank account numbers. In the case of the e-mail that purported to be from American Greetings Corp., Supervalu was advised to send payments to an HSBC account in Miami. The other e-mail advised Supervalu to send Frito-Lay payments to an account at First Security Bank in Rogers, Arkansas.Between Feb 28 and March 3, Supervalu deposited just over $6.5 million via multiple wire-transfers to the HSBC account, thinking that it was sending the money to American Greetings Corp. Similarly, on March 2 it made eight separate wire-transfers to the bank in Arkansas, depositing a total of $3.6 million to an account it thought belonged to Frito-Lay.In addition to the $6.5 million deposited by Supervalu into the HSBC account, an additional amount of $500,000 had been deposited into the same account by a second company, identified as &quot;ROHM&quot; on court documents. No information has been available concerning the second company, and it is not a party to subsequent litigation.Around March 6, according to the filings made by Kilgroff, Supervalu discovered that it had been &quot;induced&quot; into making the transfers to the bogus accounts. Following the discovery of the fraud, Supervalu quickly notified the appropriate law enforcement authorities, who managed to recover nearly all of the money before it could be withdrawn from the accounts.The recovered money is now being claimed by Frito-Lay, American Greetings and Supervalu. In making the claim to the recovered money, Frito-Lay said that it believes the money belongs to Supervalu and said supported that company&#39;s claim to ownership of the misdirected funds.&quot;However to the extent there is any determination that the ownership of these funds changed from Albertsons/Supervalu [the Albertsons grocery chain was recently acquired by Supervalu] to Frito-Lay (as a result of the attempted transfer, the misdirection, or any other development) Frito-Lay makes this claim to these funds in the alternative and subject to any claim of ownership by Albertsons/Supervalu&quot; the company said in an affidavit.A federal judge is expected to rule sometime in November on which firm should receive the recovered funds.A spokeswoman from Supervalu responded via e-mail to a request for comment. &quot;As indicated by the forfeiture complaint filed by the U.S. Attorney&#39;s Office in Boise, Supervalu was the target of attempted financial fraud,&quot; spokeswoman Haley Meyer said. &quot;Due to our internal controls and processes, we were able to quickly discover and report this to the FBI. As a result of the quick work of the Boise FBI Office and the U.S. Attorney, any funds lost are minimal.&quot;Computerworld is an InfoWorld affiliate.&#160;
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Company that used pretexting to obtain and sell phone records and credit card information gives up ill-gotten gains.
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By The Roanoke Times  'Phish' are biting   !-- 2013(unknown) --> don't take the bait  Several Roanokers were among those who received "phishing" messages in  the name of the Wachovia bank chain on Wednesday.
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Trying to get back $10m wired to bogus accounts Red-faced accountants from one of the biggest supermarket chains in the US are frantically trying to regain control of more than $10m lost after falling victim to online fraudsters.â¦