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☆ China Unleashes Crackdown on ‘Pig Butchering.’ (It Isn’t What You Think.)
▼ + stars: | 2023-11-05 | by ( Feliz Solomon | ) www.wsj.com time to read: 1 min

It’s called “pig butchering.”Armies of scammers operating from lawless corners of Southeast Asia—often controlled by Chinese crime bosses—connect with people all over the world through online messages. They foster elaborate, sometimes romantic, relationships, and then coax their targets into making bogus investments. Over time, they make it appear that the investments are growing to get victims to send more money. Then, they disappear.

Persons: It’s Locations: Southeast Asia

☆ Biden's AI chief says 'voice cloning' is what keeps him up at night
▼ + stars: | 2023-11-05 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

He said that "voice cloning" is the one thing that keeps him up at night, Politico reported. "Voice cloning is one thing that keeps me up at night," White House Deputy Chief of Staff Bruce Reed told Politico. Phone scammers, for example, have already been exploiting advancements in voice cloning technology to make their schemes more believable. In April, one mother in Arizona received a call from a scammer who had used voice cloning software to pretend he had kidnapped her daughter. While we see our tech being overwhelmingly applied to positive use, we also see an increasing number of voice cloning misuse cases.

Persons: Bruce Reed, —, Staff Bruce Reed, Reed, who's, it's, McAfee, Eric Adams, he's, Adams, ElevenLabs, Joe Rogan, Ben Shapiro, Emma Watson Organizations: Politico, Service, House, Staff, Biden, FTC, New York City, Beta, 4chan Locations: Arizona, New York

☆ Arnold Diaz, Who Reported on New York’s Swindlers, Dies at 74
▼ + stars: | 2023-11-01 | by ( Richard Sandomir | More About Richard Sandomir | ) www.nytimes.com time to read: +1 min

The cause of the death, at a hospital, was multiple myeloma, a blood cancer, his son, Alex, said. Mr. Diaz wanted not only to resolve victims’ problems but also to embarrass the malefactors for their misdeeds. He confronted them, chased them and shoved microphones in their faces in search of answers. At WCBS, Channel 2, where he spent more than 20 years, his “Shame on You” investigations were introduced with a short animation that featured a jingle and a hand with a wagging index finger. When the segment moved to WNYW, Channel 5, it was renamed “Shame, Shame, Shame”; later, on WPIX, Channel 11, it was called “What a Shame!”

Persons: Arnold Diaz, Alex, Diaz Organizations: New York, WCBS, WPIX Locations: New York City, Greenwich, Conn, WNYW

AI has been a source of deep personal interest for Biden, with its potential to affect the economy and national security. Using the Defense Production Act, the order will require leading AI developers to share safety test results and other information with the government. The National Institute of Standards and Technology is to create standards to ensure AI tools are safe and secure before public release. The official briefed reporters on condition of anonymity, as required by the White House. “He was as impressed and alarmed as anyone,” deputy White House chief of staff Bruce Reed said in an interview.

Persons: Joe Biden, Biden, Jeff Zients, ” Zients, “, ”, Bruce Reed, David, Tom Cruise, Reed, Rishi Sunak, Kamala Harris, ReNika Moore, Suresh Venkatasubramanian, ” Venkatasubramanian Organizations: WASHINGTON, Democratic, National Institute of Standards, Technology, Commerce Department, White, AI, European, Google, Meta, Microsoft, American Civil Liberties Union, Biden Locations: Maine, Israel, San, U.S, European Union, China, Britain, West

☆ We can use AI to fight predatory robocalls, experts tell senators
▼ + stars: | 2023-10-24 | by ( Chelsey Cox | ) www.cnbc.com time to read: +1 min

WASHINGTON — Senators took a bipartisan stance against abusive robocalling on Tuesday, appealing to experts for enforcement measures as more scammers employ deceptive artificial intelligence. Witnesses told the Senate Commerce's Subcommittee on Communications, Media and Broadband that generative AI can also work in regulators' favor. Mike Rudolph, chief technology officer for robocall-blocking firm YouMail, Inc., said the AI could flag insufficient mitigation controls in the Federal Communications Commission's Robocall Mitigation Database. "That's a great place where you could apply that [AI] technology and probably discard half the entries in the database in an afternoon or a week of work," Rudolph said. Sen. Ben Ray Luján, D-N.M., chair of the subcommittee, said robocalls have eroded the public's trust in the nation's communications networks.

Persons: robocalling, Mike Rudolph, Rudolph, Sen, Ben Ray Luján, Chuck Schumer Organizations: WASHINGTON, Senate, Communications, Media, Inc, Federal Communications, Capitol

☆ Robocalling is already an issue for Americans. AI is making it worse
▼ + stars: | 2023-10-21 | by ( Rachel Curry | ) www.cnbc.com time to read: +4 min

Yet, the nearly $300 million fine against a massive transnational robocalling operation by the Federal Communications Commission shows just how widespread this issue has become. This is called an interactive voice response (IVR) and it's used in a type of spam called voice phishing or "vishing." According to McAfee's CTO Steve Grobman, these types of calls are bound to remain less likely than other, more obvious spam calls, at least for the time being. Spotting AI scamsThat preparation depends on a combination of consumer education and the war between technologies, or more specifically, white-hat AI fighting black-hat AI. Educating people about deepfake audio spam calls

Persons: —, Jonathan Nelson, Nelson, McAfee, it's, Steve Grobman, Grobman, Kristofor Healey, Healey Organizations: Getty, Federal Communications Commission, Hiya Inc, Companies, McAfee, Department of Homeland Security, Black Bear Security

☆ Around 76 locations were raided in India as part of a crackdown on phony tech support scam calls
▼ + stars: | 2023-10-21 | by ( Haley Tenore | ) www.businessinsider.com time to read: +3 min

Around 76 locations were raided across 12 Indian states in a crackdown on tech support scam calls. AdvertisementAdvertisementIndia has been cracking down on tech support scammers in an effort to "combat and dismantle" finance-related cyber crime, officials announced on Thursday. Officials raided around 76 suspected illegal call center locations across India, in several different states, according to a press release from India's Central Bureau of Investigations. The scammers often pretend to work for reputable companies like Microsoft and Amazon, according to a press release from Amazon. —Central Bureau of Investigation (India) (@CBIHeadquarters) October 19, 2023Law enforcement seized 32 phones, 48 laptops and hard discs, and 33 SIM cards and froze several bank accounts amid the raid of the 76 locations, according to CBI.

Persons: —, Doug Thomas, they're Organizations: Bureau of Investigations, Amazon, Microsoft, Service, Officials, India's Central Bureau of Investigations, CBI, Bureau of Investigation, FBI Locations: India, Canada, Australia, Germany, Spain, Bihar, Dehli, Haryana, Himachal Pradesh, Karnataka, Kerala, Madhya Pradesh, Punjab, Tamil Nadu, Uttar Pradesh, West Bengal

☆ 'Phantom hacker' scams that target seniors' savings are on the rise, FBI says
▼ + stars: | 2023-10-17 | by ( Greg Iacurci | ) www.cnbc.com time to read: +1 min

There has been a nationwide increase in "phantom hacker" scams, a type of fraud "significantly impacting senior citizens," who often lose their entire bank, savings, retirement or investment accounts to such crime, according to the FBI. "Phantom hacker" scams are an evolution of tech support scams, a type of cybercrime. As of August 2023, losses from tech support scams were up 40% during the same period in 2022, according to a recent FBI public service announcement. Older adults have generally amassed a larger nest egg than younger age groups, and therefore pose a more lucrative target for criminals. Older adults are also "particularly mindful of potential risks to their life savings," Gregory Nelsen, FBI Cleveland special agent in charge, said in a statement.

Persons: Gregory Nelsen, Nelsen Organizations: FBI, Finance, FTC Labor Department, FBI Cleveland

WASHINGTON (AP) — Last year, a teenager in a small Michigan town killed himself after an online chat turned to demands that he pay money to keep intimate photos secret. He was one of dozens of people targeted online by two men extradited from Nigeria to face charges, FBI director Christopher Wray said Saturday. The arrests came after the FBI joined with police in Michigan to investigate the death of 17-year-old Jordan DeMay, one thousands of American teenagers targeted in a sharp rise in online “sextortion” cases in recent years. He was preparing to go a trip to Florida with his father the night before his death, she said. HIs family has since spoken out about his death, urging other parents to talk with their kids about “sextortion” schemes.

Persons: Christopher Wray, Jordan DeMay, “, ” Wray, Wray, DeMay, Samuel Ogoshi, Samson Ogoshi, Samuel Ogoshi's, Samson Ogoshi's, Jennifer Buta Organizations: WASHINGTON, —, FBI, Associated Press, International Association of Chiefs, Police, U.S Locations: Michigan, Nigeria, U.S, Jordan, Upper, Marquette County, Lagos, Ivory Coast, Florida

☆ Americans have been scammed out of $2.7 billion in 2.5 years on social media—7 red flags to look out for
▼ + stars: | 2023-10-12 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +1 min

Americans lost $2.7 billion combined to scams originating on social media between January 2021 and June 2023, says a new report from the Federal Trade Commission. The methods are aplenty, from romance scams to fake merchants, or fraudsters who take over your social media profiles and con your friends out of money. In some cases, scammers even create advertisements — using each social media platform's own tools — to target users based on age, interests and past purchases. Those younger users' tech savvy can end up working against them, David McClellan, CEO of cybersecurity startup Social Catfish, told CNBC Make It last year. "These people are overly trusting of the technology they're using, and they're more apt to respond to a stranger messaging them," McClellan said.

Persons: David McClellan, McClellan Organizations: Federal Trade Commission, FTC, CNBC

☆ How this 77-year-old widow lost $661,000 in a common tech scam: 'I realized I had been defrauded of everything'
▼ + stars: | 2023-10-08 | by ( Greg Iacurci | ) www.cnbc.com time to read: +19 min

Older adults, many of whom have saved their entire careers for retirement, can have the most to lose. The Covid pandemic was a disproportionate threat to older adults, keeping Americans indoors and quickly pushing them online. Outcomes hinge on a complex web of federal and state rules that govern banking and elder financial fraud. Such "heightened procedures" to protect older adults are part of the bank's duty of care relative to older customers, the lawsuit said. Scammers had her wire funds from her PNC bank account to an account at the now-defunct Signature Bank in New York.

Persons: Marjorie Bloom, she'd, Bloom, Roth, Ester, Ester Bloom, Rebecca Keithley, —, they'd, I'm, Kathy Stokes, Keithley, General Merrick Garland, she'll, Marjorie Bloom Bloom, trekked, Mount, Kriangkrai, I've, There's, Sergio Flores, scammers —, Carla Sanchez, Adams, Sanchez, Banks, Marve Ann Alaimo, Porter Wright Morris, Arthur, Alaimo, Cryptocurrency, Scammers, scammers, it's, Patrick Wyman, Wyman, Al Drago Organizations: PNC Bank, Finance, CNBC, Federal Bureau of Investigation, PNC, FBI, Social, Department of Justice's, Vanguard Group, Federal, Consumer Finances, AARP, Microsoft, Department of Energy, Guaranty Corporation, U.S, North Dakota ., Everest Base, Social Security, North Bethesda Camera, PNC Bank —, District of Columbia, Bloomberg, Getty, National Consumer Law, Signature Bank, Asset Unit Locations: Chevy Chase , Maryland, U.S, Vietnam, Mount Everest, North Dakota, liquidating, Nepal, Marjorie Bloom Maryland, District, —, Maryland, PNC, New York, Cayman Islands, Washington ,

Prosecutors are calling some FTX customers to testify that they were told their assets were safe, and to share how FTX's collapse affected them. "As the crypto market has recovered, many FTX customers are concluding that they can sell their claim, buy crypto again, and do much better than letting their claim depreciate," said Matthew Sedigh, CEO of Xclaim, a bankruptcy claims exchange. Some creditors Reuters interviewed declined to share evidence of their FTX claims because they contained personal information. 'A GREAT SUPPORT'Looking for answers, FTX creditors have created support groups. Xclaim lists over 2,000 FTX claims for sale, worth around $610 million at last November's crypto prices, Sedigh said.

Persons: Sam Bankman, Eduardo Munoz, Lee Rees, FTX, Rees, doesn't, Fried, scammers, Matthew Sedigh, John Ray, Kroll, ”, Maxime, Marc Antoine, Julliard, …, Sunil Kavuri, Kavuri, Sedigh, Luc Cohen, Michelle Price, Sharon Singleton Organizations: REUTERS, Alameda Research, Reuters, FTX, Thomson Locations: New York, U.S, London, FTX, Washington

WINCHESTER, Va. (AP) — An animal trainer featured in the popular Netflix series “Tiger King” has received a suspended two-year sentence after being convicted of wildlife trafficking in Virginia, the state attorney general’s office announced. Antle was accused of illegally buying endangered lion cubs in Frederick County, Virginia, for display and profit at his South Carolina zoo. A jury convicted him in June of two felony counts each of wildlife trafficking and conspiring to wildlife traffic. Antle, who owns the Myrtle Beach Safari, appeared in “Tiger King: Murder, Mayhem and Madness,” a Netflix documentary miniseries that focused on tiger breeders. “In Virginia, we uphold the rule of law without exception, whether dealing with violent repeat offenders, big pharma, fraudsters and scammers, or wildlife traffickers,” he said.

Persons: ”, general’s, Doc ” Antle, Jason Miyares, Antle, Miyares, “ Organizations: Netflix, Prosecutors, fraudsters Locations: Va, Virginia, Frederick County , Virginia, Carolina, Myrtle

☆ The 6 wildest details about Sam Bankman-Fried that Michael Lewis revealed in a tell-all interview
▼ + stars: | 2023-10-03 | by ( Grace Kay | ) www.businessinsider.com time to read: +9 min

Michael Lewis gave a peek into details from his new book on Sam Bankman-Fried in a tell-all interview. AdvertisementAdvertisement"The Big Short" author Michael Lewis shared some of the wildest details from his forthcoming book on disgraced FTX cofounder Sam Bankman-Fried during a tell-all interview with "60 Minutes" on Sunday. Tom Brady and Sam Bankman-Fried had an unlikely friendship, according to Michael Lewis. Sam Bankman-Fried, a known "League of Legends" fan, played a video game during his first live TV interview, Michael Lewis said. Sam Bankman-Fried.

Persons: Michael Lewis, Sam Bankman, Lewis, SBF, Tom Brady, Donald Trump, —, Bankman, Sam, Erin Schaff, Insider's Lloyd Lee, Fried, Trump, Brady, Sebastian Widmann, Sam wasn't, FTX, he's, Larry David, Steph Curry's, Steph Curry, Anna Wintour, Matt Winkelmeyer, Vogue's Anna Wintour, Wintour, Spokespeople, David, Curry, Michael M, Bernie Madoff, Elizabeth Holmes, Jim Spellman, WireImage Lewis Organizations: Service, Trump, NFL, Super, Miami, Sequoia Capital, Metropolitan Detention, Prosecutors, Alameda Research, Bankman Locations: New York, Trump, Hollywood, America, Bahamas, Brooklyn

☆ The Great Zelle Pool Scam
▼ + stars: | 2023-10-01 | by ( Devin Friedman | ) www.businessinsider.com time to read: +38 min

When I asked Chase to discuss Zelle fraud, I received an email saying, "Unfortunately, we don't have anyone available for an interview." The way the email messages from Gary were subliterate in a completely different way from the way a classic Gary email is subliterate. When Gary Kruglitz told us to Zelle him, he didn't really tell us to Zelle him. Out of all the kinds of money, money to build a pool is probably the very best kind of money for the world to suffer the loss of. It's possible that the government will eventually be moved to safeguard consumers against Zelle fraud.

Persons: Madison Ketcham, Gary Kruglitz, Gary, couldn't, he'll, Gary —, —, Cheryl, Sheryl, Sheryl —, we'd, Jeff Allen's, didn't, Jeff, Krystal, we'll, He'd, you've, Karen, I'm, she'd, Yellllow, Zelle, Chase, Sen, Elizabeth Warren, there's, That's, It's, Jesus, who'd, Donald Trump, Gary Kruglitzes, Cheryls —, Yasmine48, Nixon, Evan Kohlmann, cybercrime, we've, I've, Kohlmann, Guess, Let's, that's, Elizabeth Warren's, it's, they're, Warren's, Warren, I'd, they'd, blinked Organizations: Boston Pops, The New York Times, New York Times, Chase, Bank of America, PNC, US Bank, PayPal, Disney, NBC, Warner Bros, Netflix, JPMorgan Chase, Bank —, of, Professionals, Justice Department, Northeast . Contractors, Cloudburst Technologies, Facebook, FBI, Mafia, Massachusetts State Police, Monterey Police Department, Police Locations: Massachusetts, Lyme, Tennessee, Wells Fargo, Truist, Silicon Valley, Amsterdam, Northeast, what's, Paxful, Estonia, Korea, Monterey , Massachusetts, Monterey

☆ Zelle Fraud: I Got Scammed Out of $31,000 and My Bank Didn't Care
▼ + stars: | 2023-10-01 | by ( Devin Friedman | ) www.businessinsider.com time to read: +38 min

Because a lot of bank branches were still closed, and the crew wanted their money, he requested that we transfer the money via Zelle. When I asked Chase to discuss Zelle fraud, I received an email saying, "Unfortunately, we don't have anyone available for an interview." The way the email messages from Gary were subliterate in a completely different way from the way a classic Gary email is subliterate. When Gary Kruglitz told us to Zelle him, he didn't really tell us to Zelle him. It's possible that the government will eventually be moved to safeguard consumers against Zelle fraud.

☆ Amazon sent an email that sounded like a gift card scam to warn about gift card scams, confusing customers
▼ + stars: | 2023-10-01 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +2 min

Amazon customers flooded social media, confused about an email telling them they bought gift cards. The email warned the recipients about gift card scams, but the email itself sounded like a scam. Social media users said they received the email even though they never bought gift cards. "My wife received three emails from Amazon regarding recently purchased Amazon gift cards," one user wrote. Scammers often use retail gift cards to buy third-party cards, such as Google Play, which can be resold on the black market.

Persons: —, fraudsters, Reddit, I'm Organizations: Service, Google, Mastercard

☆ How a Google loophole lets drug dealers hijack nearly any website — including our own
▼ + stars: | 2023-09-28 | by ( Katherine Long | ) www.businessinsider.com time to read: +15 min

Nor does it always appear to pay attention to other signals webmasters code in asking Google not to index their search results. It's why someone advertised how to buy cocaine and fentanyl in Pittsburgh on a National Institutes of Health website. It directs searchers to the Telegram user who offered to sell Insider cocaine, heroin, and methamphetamines. The proliferation of drug ads in search results lands amid a growing upswell of discontent with what some users and website owners say is the declining quality of Google Search. For now, a simple Google search leads prospective drug buyers to markets on Telegram.

Persons: Jake Swearingen, Jane, Ted Kubaitis, Katherine Long, Monica Barratt, Barratt, Kubaitis, Davis, Timothy Mackey, Mackey, Erin Lalor, Eric Schwartzman, They're, Zack Onisko, Dribbble Organizations: Google, Food and Drug Administration, Interpol, United Nations, Food, FDA, Ontario, UN, Drugs, US Postal Service, Cash, Telegram, Scottish, Royal Melbourne Institute of Technology, Centers for Disease Control, National Institutes of Health, Cleveland Clinic, Drug, Australian Alcohol and Drug Foundation, IRS, Tricare, Alabama Department of Public Health, East Tennessee State University, University of California, University of Chicago, The New York Times, Bloomberg, CNBC, The Washington Post, UC San Diego's Global Health, Data, Alcohol, Drug Foundation, East Tennessee University Locations: Ontario, Canada, cryptocurrency, Fresno , California, Pittsburgh, Clairton , Pennsylvania, New York, Dayton , Ohio, Goodlettsville , Tennessee, Alabama, Maine, Seattle

☆ How to avoid getting scammed out of your home or becoming a victim of land fraud
▼ + stars: | 2023-09-27 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +7 min

Gordon isn't the only victim of this type of fraud — known as home-title fraud, land fraud, or seller-impersonation fraud — where scammers impersonate the rightful owner of a property by forging documents in order to sell it. Petrescu and Gordon share a few measures property owners can implement to help stop land fraud from happening to them. That may seem like an obvious one, but for a vacant piece of property, owners might forgo that extra security. He used the same title company to buy the land and to refinance it a year later. "Here we have the same title company that I used, and now the fraudster's using the same title company," Gordon said.

Persons: —, William Gordon's, Gordon isn't, scammers, Daniel Kenigsberg, Victor Petrescu, Levine Kellogg Lehman Schneider, Grossman, " Petrescu, Petrescu, Gordon, William Gordon William Gordon Another, there's, hadn't, Victor Petrescu Levine Kellogg Lehman Schneider, he'll Organizations: FBI, MLS, Service Locations: Arizona, Tucson, Fairfield , Connecticut, Miami, Petrescu, Pima County , Arizona

☆ 'Cash-flow' podcaster made off with millions in Ponzi scheme, SEC alleges
▼ + stars: | 2023-09-25 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

But Motil's self-described success was an elaborate façade, according to regulatory filings and Ohio bankruptcy proceedings. In a 29-page complaint, the SEC laid out how Motil issued "promissory notes" fully collateralized by property across Ohio to dozens of investors. "Nearly everything about his scheme was a lie," the financial regulator's complaint read. In one instance, according to the SEC, Motil managed to get more than $1 million from 20 different investors for just one single-family home valued at no more than $130,000. Motil and his wife, Amy, profited handsomely from the scheme, the SEC alleged.

Persons: Matt Motil, Motil, Amy Organizations: U.S . Securities, Exchange Commission, Washington , D.C, SEC, CNBC, U.S, Trustee, Federal Trade Commission Locations: Washington ,, An Ohio, Ohio

☆ Generative AI has led to 'exploding' cybersecurity risks facing everyday people, McAfee CEO warns
▼ + stars: | 2023-09-15 | by ( Tim Paradis | ) www.businessinsider.com time to read: +5 min

McAfee CEO Greg Johnson told Insider GenAI is making threats like phishing more sophisticated. The more benefit it brings to consumers, it also goes to the scammers, Johnson said. The CEO of McAfee, the online security company known for its antivirus software, is embracing generative artificial intelligence as a way to boost his employees' productivity and help them keep up with online threats. "You used to have pretty blunt ways of attacking consumers," Johnson said. "And in that world, with Gen AI most recently, it's just accelerating the change that consumers are having to navigate."

Persons: Greg Johnson, GenAI, Johnson, Greg Johnson McAfee Johnson, McAfee, they've Organizations: McAfee, Service Locations: Wall, Silicon

☆ Student loan borrowers at risk of scams as payments restart, says FTC
▼ + stars: | 2023-09-15 | by ( Greg Iacurci | ) www.cnbc.com time to read: +1 min

Student loan payments are restarting in October after a pause of more than three years — and scammers are trying to take advantage, the Federal Trade Commission warned. Fraudsters may try mislead borrowers by offering assistance and asking them to pay for it, Ari Lazarus, consumer education specialist at the FTC, wrote in a consumer alert Thursday. Those fake offers might include lowering borrowers' monthly payments, avoiding repayment or getting their loans forgiven. Interest on federal student debt was also suspended during this period but started accruing again on Sept. 1. The "best source" of information on federal student loans is the Federal Student Aid website, studentaid.gov, the FTC said.

Persons: Fraudsters, Ari Lazarus, Trump, Biden Organizations: Federal Trade Commission, Finance, Frisco, Federal, Aid, FTC

The Internal Revenue Service is pausing accepting claims for a pandemic-era tax credit until 2024 due to rising concerns that an influx of applications are fraudulent. The tax credit, called the Employee Retention Credit, was designed help small businesses keep paying their employees during the height of the pandemic if they were fully or partly suspended from operating. The credit ended on Oct. 1, 2021, but businesses could still apply retroactively by filing an amended payroll tax return. A growing number of questionable claims are coming from small businesses who may or may not be aware that they aren't eligible. The government's programs to help small businesses during the pandemic have long been a target for fraudsters.

Persons: isn't, Danny Werfel, “, It's, they're Organizations: Internal Revenue, ERC, IRS

☆ Craigslist founder Craig Newmark is pouring millions of dollars into combating AI's dark side
▼ + stars: | 2023-09-14 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +10 min

Since the 2015 debut of Craig Newmark Philanthropies, the entrepreneur has donated many millions of dollars to various causes involving media and technology. Newmark, 70, spoke to CNBC as he was recovering from a minor heart procedure he went through in late August. At the same time, he's worried that tech companies, particularly in social media, "aren't even trying anymore to get rid of stuff they know is dishonest," he said. "Protecting kids when it comes to AI is a big issue," Newmark said, regarding his donation to Common Sense Media. Within journalism, Newmark's most high-profile endeavor is the City University of New York's Craig Newmark Graduate School in Journalism.

Persons: Craig Newmark, Everard Craig Newmark, Craig Newmark Philanthropies, Newmark, he's, aren't, I've, Rather, Jim Jordan, I'm, City University of New York's Craig, Julia Angwin, she'd, Sue Gardner, algorithmically, Thilina, doesn't, " Newmark, that's Organizations: Craigslist, LinkedIn, Facebook, Sense Media, CNBC, Tech, Meta, Twitter, Sense, Knight Foundation, Ford Foundation, City University of New, City University of New York's Craig Newmark Graduate School, Journalism, CUNY, Nurphoto Locations: San Francisco, New York, Ohio

☆ Sen. Blumenthal plans action against telemarketing scams masquerading as political, charitable causes
▼ + stars: | 2023-09-12 | by ( Brian Schwartz | ) www.cnbc.com time to read: +1 min

Sen. Richard Blumenthal is moving ahead with new legislative efforts to combat telemarketing scams that have raised millions of dollars while pretending to represent political and charitable causes. Blumenthal announced on Monday a new oversight and legislative fight to take on those that use telemarketing calls, online scams, and other schemes to effectively steal millions of dollars from donors. Contributors think they are donating to real causes but they're tricked into giving to fake organizations, with their leaders ending up keeping the money for themselves. The Connecticut Democrat's first step was to send letters to the chairs of the Federal Election Commission and the Federal Trade Commission as part of his larger inquiry. He wrote a similar letter to FTC chair Lina Khan.

Persons: Sen, Richard Blumenthal, Blumenthal, they're, Dara Lindenbaum, Lina Khan Organizations: Connecticut Democrat's, Commission, Federal Trade Commission Locations: Connecticut

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