Data firm execs convicted for helping fraudsters target the elderly

June 3, 2024 at 06:48PM Former Epsilon Data Management LLC executives Robert Reger and David Lytle were convicted of selling consumer data for fraudulent schemes. The data was used to target individuals with personalized emails promising large prizes, leading to significant financial losses. Epsilon resolved its criminal liability with a $150 million penalty, compensating 200,000 … Read more

Fraudsters tried to scam Apple out of 5,000 iPhones worth over $3 million

February 21, 2024 at 03:32PM Two Chinese nationals have been convicted of submitting over 5,000 fake iPhones worth $3 million to Apple in a scheme to obtain genuine replacements. The company offers warranty services and replacement programs, allowing customers to return malfunctioning devices. Haotian Sun and Pengfei Xue now face 20 years in prison for … Read more