Korean Banks Sue Newegg, Allege Massive Fraud, ‘Classic Ponzi Scheme’

NewEgg

A major lawsuit claims Newegg, ASI Corp, engaged in fraudulent transactions and built a major Ponzi scheme, defrauding four South Korean banks in the process.

The post Korean Banks Sue Newegg, Allege Massive Fraud, ‘Classic Ponzi Scheme’ appeared first on ExtremeTech.

The original article can be found here: https://www.extremetech.com/computing/257832-korean-banks-sue-newegg-allege-massive-fraud-classic-ponzi-scheme?source=Computing

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Facebook uncovers $100G in fake ad spending tied to Russian operatives during 2016 election

Facebook said Wednesday it has uncovered approximately $100,000 in fraudulent ad spending across its network tied to the 2016 U.S. Presidential election.

The original article can be found here: http://www.foxnews.com/tech/2017/09/06/facebook-uncovers-100g-in-fake-ad-spending-tied-to-russian-operatives-during-2016-election.html

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Apple taking steps to remove illegitimate reviews from App Store

Developers who try to game the App Store ratings system, mostly by paying for fraudulent reviews, must now contend with Apple as the iPhone maker is said to have begun a campaign to strike those entries from the marketplace in an apparent effort to level the playing field.



The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/3b7acecb/sc/15/l/0Lappleinsider0N0Carticles0C140C0A60C130Capple0Etaking0Esteps0Eto0Eremove0Eillegitimate0Ereviews0Efrom0Eapp0Estore/story01.htm

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