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Top related persons:
Bria Cousins - 2 Paul Benda - 1 Benda - 1 I've - 1 Scammers - 1 We're - 1 We've - 1 Banks - 1
Top related locs:
Southeast Asia Santa Clara County , California Washington America U.S China Nanjing Cincinnati
Top related orgs:
CNBC - 2 American Bankers Association - 1 American - 1 Democrat - 1 World Trade - 1 Ministry of State Security - 1 GE - 1 Boeing - 1

Search resuls for: "Bria Cousins"


2 mentions found


☆ As online romance scams rise, banks ask for help to save victims billions
  + stars: | 2024-02-13 | by ( Eamon Javers | ) www.cnbc.com   time to read: +6 min
The banking industry is seeking help from the federal government and the social media industry to stop an escalating crisis that's costing Americans billions of dollars every year: online romance scams. These digital crimes have proliferated since the pandemic, as criminals pose as attractive partners and reach out to lonely Americans on social media. "We need the social media companies to shut down these people that are putting these out there. The romance scams are run by organized criminal gangs, often based in Southeast Asia, that set up phony social media avatars and use those to connect to potential American victims. Erin West, deputy district attorney in Santa Clara County, California, estimated that between $30 billion and $50 billion was lost to romance scams in 2022.
Persons: Paul Benda, Benda, I've, Scammers, We're, We've, Banks, Erin West, they'd, there's, Bria Cousins Organizations: American Bankers Association, CNBC Locations: Southeast Asia, Santa Clara County , California
☆ Inside China's spy war on American corporations
  + stars: | 2023-06-21 | by ( Eamon Javers | ) www.cnbc.com   time to read: +6 min
Top intelligence and law enforcement officials in Washington are issuing a stark warning to American companies: The Chinese government wants to replace you. Asked whether the Chinese government wants to compete with or eliminate American companies, FBI Director Christopher Wray told CNBC: "Well, their definition of competing, I think, involves embracing the idea of eliminating." The paid-in foreign investment reached 127.69 billion yuan, up 14.5% year on year. Foreign companies including US investors have been upbeat about the China market and plan to expand in China. Former GE engineer David Zheng and GE Aerospace also declined to comment.
Persons: Christopher Wray, Sen, Marco Rubio, Rubio, Mark Warner, …, Warner, Xu Yanjun, Xu, James Olson, Xu Yanjun's, David Zheng, – CNBC's Katherine Liu, Bria Cousins, Laura Measher, Wally Griffith Organizations: CNBC, American, Democrat, World Trade, Ministry of State Security, GE, Boeing, Honeywell, GE Aviation, FBI, CIA, American Chamber of Commerce, Business Environment, US Department of Commerce, GE Aerospace Locations: Washington, America, U.S, China, Nanjing, Cincinnati, South China, reinvest
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