May 17, 2024
Property

Rental scams soared during the pandemic, hurting renters and landlords

Inflation, undersupply, high demand and exorbitant home prices are often reasons cited for why rents are high. But there’s another few people talk about, rampant fraud. Since the pandemic, rental fraud has exploded nationwide. Nearly all respondents (93.3%) to a survey of members of the National Multifamily Housing Council (NMHC) and the National Apartment Association

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Crypto

Nebraska man stole over $3.5M in cloud service to mine crypto: Feds

A Nebraska man operated a large-scale “cryptojacking” scheme that defrauded cloud computing service providers out of more than $3.5 million worth of services, the U.S. Attorney’s Office said Monday. Charles O. Parks III, 45, also known as “CP3O,” has been charged with wire fraud, money laundering, and engaging in unlawful monetary transactions in connection with

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