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A Michigan woman lost more than $45,000 after scammers allegedly posed as Amazon, a bank and the Federal Trade Commission (FTC) in an elaborate fraud scheme. The 48-year-old Monroe resident reported the incident to police on August 6th, prompting detectives to investigate the alleged scam, reports the Monroe Sun. It began when the woman received […] The post Scammers Orchestrate Elaborate Fraud…
The University of Michigan consumer sentiment index declined in August as households expressed growing economic worries. The drop adds to evidence of ongoing pressures on spending and confidence. The post Michigan Survey Shows Consumer Sentiment Falling in August appeared first on The Daily Hodl .
A Georgia man lost $30,000 after scammers allegedly posed as bank and law enforcement officials and convinced him to hand over his savings for “safekeeping.” The Roswell resident reported the incident to police on August 11th after the months-long scheme left him out $30,000, reports Appen Media Group. The fraud allegedly began in July when [ ] The post Fraudsters Steal $30,000 From Wells Fargo…
A Pennsylvania man lost $35,000 after scammers allegedly impersonated federal officials, gained remote access to his computer and arranged for couriers to collect his cash. Lancaster County resident Kevin Eberle was first contacted through a text message claiming he had been charged $340 for a computer protection service, reports WGAL. The message included a phone [ ] The post Scammers Drain…
Rising fear language around 'crypto is dead' is appearing on X, Reddit, Telegram and elsewhere, framed as a potential contrarian signal near Bitcoin bottoms. The post Crypto Is Dead Chatter Surging Across Social Platforms, According to Santiment Intelligence appeared first on The Daily Hodl .
The personal and medical records of millions of Americans are at risk after a cyberattack hit an Ohio-based healthcare software and revenue cycle firm. U.S. Department of Health and Human Services Office for Civil Rights says Unlimited Technology Systems suffered a major Hacking/IT incident that impacted 3,803,750 individuals. According to the firm, an unauthorized entity [ ] The post 3,803,750…
A Louisiana man has lost $30,000 of his life savings after scammers allegedly impersonated bank fraud investigators and convinced him to hand over the money. The 82-year-old Northshore resident, who is chronically ill, was targeted after his daughter received a call from a number that appeared to belong to the fraud department of Hancock Whitney [ ] The post Scammers Drain $30,000 From Elderly…
Equifax is agreeing to a $100 million class-action settlement over a 2022 coding error that affected credit scores for millions of consumers. The deal is described as the largest under the Fair Credit Reporting Act and remains subject to court approval. The post Equifax To Hand $100,000,000 To Settle Coding Error Allegations That Distorted Credit Scores appeared first on The Daily Hodl .
Mike Novogratz is highlighting the U.S. government's massive spending shortfalls as a key reason for his ongoing optimism on Bitcoin. He points to a $432 billion July deficit and ties rising debt to inflation pressures. The post US Fiscal Deficits Keep Galaxy Digital CEO Mike Novogratz Bullish on Bitcoin appeared first on The Daily Hodl .
The FTC is disbursing more than $23.8 million in redress payments to 640,038 drivers and diners harmed by Grubhub's deceptive practices under a 2024 settlement with the agency and Illinois Attorney General. The post FTC Is Sending $23,800,000 to 640,000 Consumers Over Grubhub Settlement appeared first on The Daily Hodl .
Norway's sovereign wealth fund disclosed its first-ever 0.05% holding in SpaceX worth $1.22 billion as of June 30. The move comes alongside a record half-year profit of $184 billion. The post $2,499,248,649,828 Wealth Fund Discloses Billion-Dollar Stake in Elon Musk’s SpaceX appeared first on The Daily Hodl .
Baltimore city leaders have filed lawsuits accusing Kalshi and Polymarket of operating unlicensed sports betting platforms that skirt state regulations. The post Maryland Officials Sue Prediction Market Platforms Over Unlicensed Sports Betting appeared first on The Daily Hodl .