PhoCusWright Conference 2009

Are you going to the PhoCusWright Conference? If yes, then come attend my workshop on fraud http://www.miamiherald.com/business/press-releases/travel/story/1336006.html

Well I’m sitting here at SFO waiting for my flight. This is always a fun place to sit with my headphones on and doing fraud investigations; because, I’m always glancing up wondering, “have any of these people been caught by our system before?”

[Criminal Diversification, Repeat Offender in 2005 (Part 1 of 4)

Back in 2005, most of the online fraud and abuse that I saw committed was from what I’d call the “repeat offender”. This is the case where the individual perpetrator is working alone to repeatedly defraud or scam a target online business. This perpetrator might purchase or steal victim’s identity or credit card and then use this data to repeatedly make purchases or commit online abuses. Once a particular “virtual” identity is flagged, caught or stopped, the perpetration then simply moves on to use another identity from his spreadsheet. This is what I saw back in 2005.

Next week’s topic: Criminal Diversification, Fraud Rings Develop in 2006 (Part 2 of 4)