Steve Sorensen Embezzlement

Image source: pymnts.com  Fraud can lead to several problems for the victim, all of which being potentially disastrous. From identity to credit card fraud, people need to know what to do when they find themselves targets and victims. Steve Sorensen embezzlement . Credit card fraud happens when a perpetrator gains access to a person’s sensitive information on their credit card and uses the account to make purchases without the card owner knowing. People become vulnerable to credit card fraud when they lose their credit cards or have it stolen, or a hacker gains info such as account numbers and PINs. Steve Sorensen embezzlement . Image source: pensco.com For this type of fraud, which is quite hard to track, card owners are taken by surprise when they see their monthly statements, conduct bank transactions, or get notified of purchases that are “out of the ordinary.” Steve Sorensen embezzlement . Once a person realized that they are a victim of credit card fraud, th...

Image source: NPR.org         It’s an incredibly unfortunate reality in today’s world that there are con artists and scammers who instead of trying their best to become productive members of society, seek to one-up hard-working employees through illegal get-rich-quick schemes and other blatant scams. Almost everyone knows someone who has been a victim of a scam and who has lost a considerable amount of money in the process. Steve Sorensen embezzlement . On that note, here are some of the steps one must take after being victimized by scammers. 1. Call the nearest consumer protection office. Professionals employed by consumer protection offices not only investigate and prosecute scammers, but they also provide helpful information regarding the current scams active in the community. Steve Sorensen embezzlement . 2. Notify other non-government agencies such as the Better Business Bureau and Fraud.org. These non-government organizations are also ...

Image source: Pixabay.com       Fraudulent business transactions have always been one of the most common complaints of business owners and consumers alike. Since there are countless ways people can commit fraud, everyone should know how to spot these practices. Below are some red flags that may very well lead to fraud. Steve Sorensen . Messages with error-filled content : A common characteristic of emails and text messages from scammers is erroneous content in terms of grammar and spelling. Misspelled words, wrong punctuation, and inconsistent capitalization are definite red flags. Image source: Pixabay.com  Messages with overly dramatic calls to action : Fraudulent messages also contain calls to action that elicit strong emotions. Some messages include phrases such as “Very important” or “Urgent help needed ASAP.” Steve Sorensen . Employment fees : Most of the time, when a company asks applicants for payment to get a certain job, it s...

Ponzi scams Steve Sorensen Ponzi scams have a lot of mechanics in common, but the most telling sign is the high returns in a small amount of time. Over the decades, there have been thousands of shady deals that have fooled millions of people out of their hard-earned money. Perhaps the promise of easy money was too good to pass. Besides financial literacy, people should really understand how investment works. If not, they could easily fall for a many number of scams circulating in the US. To help understand these scams better, here are some of the minds behind greatest Ponzi schemes ever pulled off. Steve Sorensen.   Scott Rosthstein Rothstein embezzled over $1.2 billion by attracting thousands of investors. Once a respected lawyer from Florida, Rothstein is currently serving a 50-year sentence for his crimes. His scam lasted for years which enabled him to live an ultra-lavish lifestyle. Steve Sorensen Allen Stanford The tale of Allen Stanford is a comical story where an or...