Weak U.S. Card Security Made Target A Juicy Target
The U.S. is the juiciest target for hackers hunting credit card information. And experts say incidents like the recent data theft at Target's stores will get worse before they get better.
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The U.S. is the juiciest target for hackers hunting credit card information. And experts say incidents like the recent data theft at Target's stores will get worse before they get better.
Target is apologizing to customers for its widespread data breach by offering a discount to everyone this weekend. But on Saturday, some of the emails customers received may have been part of a phishing scam. According to the Wall Street Journal, fake emails were sent out Saturday that looked close to the real ones. But instead of linking people to credit bureau websites, the sites were fraudulent.
Target is trying to reassure its customers in the wake of the retailer's massive data breach. Someone stole 40 million credit and debit card numbers between Nov. 27 and Dec. 15.
If there were ever a Minnesota case where cameras in the courtroom would have been a benefit to the public, it is the Tom Petters case, in my opinion. For four remarkable days in the winter of 2009, Petters testified, maintaining with a cocky flair, that he was an unwitting pawn in a $3.6 billion Ponzi scheme. It was all the work of his underlings he said, and that he had no idea what was going on.
Frank Elroy Vennes Jr. was sentenced to 180 months in prison on Friday, in connection with fraudulently raising money through hedge funds for investment in Petters Company. Vennes was a long-time associate of Thomas J. Petters, the Minnesota businessman convicted in 2009 of orchestrating a $3.65 billion Ponzi scheme.
A 53-year-old Excelsior coin dealer was sentenced Thursday in federal court for defrauding customers and investors out of more than $3.3 million. David Laurence Marion was sentenced to 60 months in prison for one count of conspiracy to commit mail and wire fraud, and one count of money laundering.
The Metropolitan Sport Facilities Authority was supposed to vote later this week on some of the final agreements for the Vikings stadium deal. But those votes have been postponed after Gov. Mark Dayton called for a review of the nearly $1 billion stadium plan.
Minnesota Gov. Mark Dayton is urging an authority overseeing the new Vikings stadium to take extra precautions as it finalizes an agreement with the team's New Jersey-based owners given their legal woes back home.
A 26-year-old Michigan man, formerly of Chisholm, pleaded guilty to defrauding customers of his custom car shop out of more than $1 million. Edwin Scott Verdung pleaded guilty to one count of wire fraud, and one count of transaction money laundering while working at Memory Lane Classics.
A 38-year-old nurse from Madelia pleaded guilty in Minneapolis Federal Court Thursday to fraudulently getting the controlled substance oxycodone while working at an inpatient health care facility.
In an average month, 514,900 Minnesotans receive SNAP benefits, formerly known as food stamps. The average monthly payment is $117.26 per person. In a visit to Bergan's SuperValu, WCCO loaded seven items into a grocery cart – cookies, candy, ice cream, dishwashing detergent, hot macaroni and cheese, dog food and steak – to test shoppers on their knowledge of what's eligible.
A federal inmate who escaped prison in Duluth earlier this year pleaded guilty to his illegal flight Thursday in federal court. Michael Joseph Krzyzaniak, 64, of Minneapolis, escaped the federal prison camp in March 2013 and specifically pleaded guilty to one count of escape from custody.
A 59-year-old Mound, Minn., man was found guilty by a jury Wednesday in federal court for fraudulently raising money for investment in Petters Company, Inc. James Nathan Fry, a hedge fund manager, was convicted of five counts of securities fraud, four counts of wire fraud, and three counts of making false statements to the U.S. Securities and Exchange Commission.
A 47-year-old Shakopee man pleaded guilty Wednesday in federal court to using other people's food stamps. Chin Son Kim pleaded guilty to one count of food stamp fraud.
A coalition of groups are launching a statewide campaign to stop elder abuse, as 30,000 cases of senior citizen fraud and abuse have been reported in just the last couple of years in Minnesota. The shocking fact is that's only a fraction of what's going on.
A 39-year-old Faribault man was sentenced Tuesday in federal court for stealing more than $400,000 from his employer, money he then used to build his nearby lake home.
A Shakopee man was charged Thursday with one count of food stamps fraud, costing the Supplemental Nutrition and Assistance Program (SNAP) over $29,000.
Two men convicted for fraud have escaped from a low-security federal prison camp near Duluth, Minn., according to authorities.
Though he's currently incarcerated, fallen auto mogul Denny Hecker remains a man on the move. Hecker has been moved to the Federal Correctional Institution Englewood in Littleton, Colo., according to the Federal Bureau of Prisons.
The third and final member of a tax fraud trio pleaded guilty Wednesday in federal court to one count of conspiracy to defraud the United States.
A Rochester man has been sentenced to 5 years in prison for swindling more than $11 million in investment scam.
A former Minnesota man accused of defrauding investors out of more than $2 million has pleaded guilty to mail fraud. Federal prosecutors say Garry Milosevich, formerly of Duluth, and his partner, Daniel Tepoel, ran a fraud scheme from 1997 until 2007.
A St. Paul man has been sentenced to three years of probation for claiming his pricey art had been stolen and then collecting insurance money.
The executive director of a Minnesota nonprofit could face criminal charges after allegedly using grant money to pay for things like designer jeans and her son's rent.
A 40-year-old personal care attendant pleaded guilty Monday to defrauding and stealing the identity of a minor in her care, the Justice Department said.
