Krebs on Security: Phishers Target Anti-Money Laundering Officers at U.S. Credit Unions. “A highly targeted, malware-laced phishing campaign landed in the inboxes of multiple credit unions last week. The missives are raising eyebrows because they were sent only to specific anti-money laundering contacts at credit unions, and many credit union sources say they suspect the non-public data may have been somehow obtained from the National Credit Union Administration (NCUA), an independent federal agency that insures deposits at federally insured credit unions.”
Meb Faber: Why All My Books Are Now Free (Aka A Lesson In Amazon Scams And Money Laundering). “You’ve probably heard much in the media recently about Facebook, fake news, and weaponizing content to influence opinions and elections. You may have seen Mark Zuckerberg dragged in front of Congress to testify about Facebook’s mistakes. Well, what you haven’t heard much of in the media (yet) is how Amazon is an equally bad actor. Whereas Facebook is plagued by fake news, Amazon is littered with fake products. And these fake products encourage fraud and play a role in global money laundering.” I have been looking into creating Amazon ebooks but there’s such a load of absolute junk on there — plus overt criminal activity like is noted in this article — that I’m having a hard time with it.
This is just weird. From Krebs on Security: Money Laundering Via Author Impersonation on Amazon?. “Patrick Reames had no idea why Amazon.com sent him a 1099 form saying he’d made almost $24,000 selling books via Createspace, the company’s on-demand publishing arm. That is, until he searched the site for his name and discovered someone has been using it to peddle a $555 book that’s full of nothing but gibberish.”