SearchFinancialSecurity.com – FraudNet addresses the growing problem of existing account fraud, said James Van Dyke, president and founder of Javelin Strategy & Research, which focuses on the financial-services market. Of the 8.1 million identity fraud victims last year, two-thirds involved cases of existing account fraud, according to a study released earlier this year by Javelin. Read More »

Marketplace – The scam works like this: You receive a fake check. Your bank cashes it and the scammer then asks you to cover “taxes” or “fees.” By the time your bank finds out the check is no good, the criminal is long gone. Greenberg says the average loss from scams like these is $3,000, certainly enough to keep spammers in paper and envelopes. Jim Van Dyke is the founder of Javelin Strategy & Research. He says people need to remember old rules even when they switch to new technologies. Listen To This Story