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Credit Card Skimmers

The expert’s guide to spotting credit card skimmers

June 24th, 2016

Credit card skimmers are scarily-small devices that thieves attach to credit card readers, capturing the magnetic strip data and allowing clones of cards to be made. These days, they’re so phenominally small that they can be fit inside devices, making them nearly impossible to spot. Luckily, security researcher Brian Krebs found a guide from credit …

New York sues Sprint for $300 million over alleged tax fraud [updated]

April 19th, 2012

New York on Thursday filed a lawsuit against Sprint Nextel Corp looking to collect more than $300 million, Reuters reported. The wireless company is accused of tax fraud for deliberately not collecting or paying more than $100 million in taxes over the past seven years. New York Attorney General Eric Schneiderman filed the complaint in …

Samsung, LG and others fined $40 million in Korean price-fixing scam

March 15th, 2012

Korean regulators on Thursday fined domestic mobile phone manufacturers and carriers 45.3 billion won (roughly $40.2 million) for price-fixing and consumer fraud. According to the Fair Trade Commission, the companies secretly agreed to inflate the prices of cell phones while advertising offers with considerable incentives. The companies’ actions apparently tricked consumers into thinking they were …

Analyst charged with insider trading and fraud after leaking Apple sales data

February 20th, 2012

A research analyst and a former executive who revealed insider information about Apple’s sales have both been charged, reports Reuters. Analyst John Kinnucan on Friday was charged with two counts of securities fraud, two counts of conspiracy and one count of insider trading from a civil case filed by the U.S. Securities and Exchange Commission. …

AT&T accused of overcharging iPhone, iPad users for cellular data in latest lawsuit [Updated]

May 20th, 2011

An MSNBC investigative report, and related lawsuit, claims that AT&T has “systematically overstated” the data usage of iPhone and iPad customers. Lawyers for the plaintiffs, seeking class action status, hired an independent computer firm to compare the actual amount data used by iPhone and iPad customers with the amount that AT&T bills users for. “Did you find …

Microsoft employee charged with stealing over $500,000 from company

April 13th, 2011

Charges have been filed by federal prosecutors in Seattle against a Microsoft employee accused of wire fraud. Robert D. Curry was arrested Tuesday morning and charged with stealing $515,000 from Microsoft using a series of wire transfers sent from Microsoft to Curry’s bank account. According to Curry, the transfers were payments for services rendered but prosecutors contend …

Ex-Apple global supply manager pleads guilty in kickbacks trial

March 1st, 2011

Reuters is reporting that former Apple global supply chain manager, Paul Devine, has pled guilty to wire fraud, conspiracy and money laundering in a San Jose, CA federal court. Mr. Devine, who worked for Apple from 2005 to 2010, was accused of taking kickbacks and “using his position to pass confidential information to help suppliers …