By Esther Claudette Gittens | Editorial credit: Shark9208888/ shutterstock.com The NYC matching funds system was established with the noble goal of enhancing democracy by reducing the influence of wealthy donors and empowering small contributors. However, the system has been plagued by fraud, both detected and undetected, largely due to weak internal controls, inadequate auditing practices, […]
Editorial credit: lev radin / Shutterstock.com By Esther Claudette Gittens Eric Adams, the mayor of New York City, is currently under intense scrutiny and facing serious allegations of potential election fundraising fraud in the 2022 election. The issue of fundraising in political campaigns is a crucial one, often attracting attention due to the potential for […]
By Linda Nwoke Many Americans are losing more money than ever to scammers, and recently, with the help of technology. In some cases, people have received fraudulent calls purportedly from reputable government institutions such as the Social Security Administration (SSA), the IRS, and utility companies. These calls, executed by impostors, threaten individuals with repercussions like […]
Editorial credit: Isabelle OHara / Shutterstock.com NEW YORK – New York Attorney General Letitia James today sued Citibank, N.A. (Citi) for failing to protect and refusing to reimburse victims of fraud. The lawsuit alleges that Citi does not implement strong online protections to stop unauthorized account takeovers, misleads account holders about their rights after their accounts […]
Editorial credit: Peace-loving / Shutterstock.com New Initiatives Expand Language Accessibility, Addressing a 30% Surge in Consumer Fraud Losses and Empowering Diverse Communities to Recognize and Report Scams By JR Holguin BROOKLYN, NY — A recent briefing by the Ethnic Media Services and the Federal Trade Commission (FTC) revealed significant steps in the FTC’s fraud combat […]