Nina Kollars is a professor at the Naval War College inside the Strategic and Operational Research Department. Here she is at DEF CON 27 explaining how she learned about triangulation fraud when she started buying Nespresso pods on eBay at a discount. Not only did she get the pods, she also received a new Nespresso machine worth $280. It sounds like a good deal, right? As you'll learn as Kollars tells her fascinating story, it wasn't a great deal -- it was a scam.
• Criminals are tricking people who want to buy protective masks In the United Kingdom, vulnerable people who are afraid of coronavirus have lost more than 800,000 british pounds ($1 million in US dollars) to coronavirus scams in the last month.
Rather than pay a large repair bill, a gentleman the Marin Independent Journal identified as “the co-founder of a San Francisco technology security firm” apparently reported the car stolen and received a nice insurance payout. …and then the police found the car. Marin IJ: “Dhoopar told the CHP and his insurance company that the car […]
Last week, the Office of the Comptroller of the Currency handed down stiff penalties for John Stumpf (previously) who was CEO of Wells Fargo during its scandal-haunted decade, during which time it stole from rich people, poor people, veterans, active-service military personnel, homeowners, small businesses, etc, as well as 2,000,000 ordinary customers who had fraudulent […]
We live in a disposable era. If you can’t fix a broken item with a wrap of duct tape, there’s a very strong likelihood that its next destination is the trashcan. However, that probably leads to a trigger-finger death sentence for many household items that could be saved with just a bit more ingenuity. Before […]
Right tool for the right job. You probably heard a parent or grandparent say it at least once at some point. And it’s true in so many cases. If you spot a small tear in your living room curtains or near to hem a pair of pants, you can always use the good old fashioned […]
The world is holding its collective breath. As states begin cautiously reopening, no one is sure exactly what to expect. But one thing is clear: most Americans are worried about their bank accounts. By the end of March, the average American household was spending 40 percent less on their credit cards than they were one […]