Why credit card are money

Another element of these campaigns also has a significant footprint in the US; researchers collected information about 2,900 money mule accounts run by people whose job it is to transfer stolen funds and found that 80% of these were also based in the US. That's mostly because businesses in the US have historically been the primary targets of BEC attacks and most of these attacks ask victims to send money to accounts in the same country, said Hassold. … [Read more...] about Phishing scams: The new hotspots for fraud gangs

Goldman notoriously did well in the quarters leading up to the financial crisis in 2008 thanks to positions it took betting against the housing market and assisting clients who took out credit default swaps on mortgage-backed securities. This helped give rise to its nickname of “Vampire Squid,” a description that originated in a Rolling Stone article by Matt Taibbi. … [Read more...] about Covid Winner: Goldman Sachs’ Trading Revenue Hits 10-Year High

There were a few bright spots for the Trump Organization. Revenue was fairly steady at his golf courses in Charlotte, North Carolina, Philadelphia and New York's Hudson Valley. Sales at the Mar-a-Lago resort in Palm Beach, Florida, where Trump returned after leaving the White House on Wednesday, increased to $24.2 million from $21.4 million. (He transferred his permanent residence to the Florida property from Trump Tower in New York in 2019, and spent hundreds of days golfing at courses he owned during his presidency.) … [Read more...] about Trump’s business was crashing even before the Capitol riot made his brand toxic