Civil division official says the schemes “prey upon individuals and small businesses.“
The Department of Justice (DOJ) unsealed two cases this month filed against fraud networks that make unauthorized “microtransactions” to consumer bank accounts.
These fraud networks operate as legitimate businesses, creating websites, maintaining customer service communications, and offering what appear to be real products, such as online marketing services, handbags, and electric scooters. But after potential targets contact them for their services, the fraud networks make multiple small transactions to their bank accounts, collecting unauthorized withdrawals that are too small for most banks to mark as suspicious.
“These cases mark an important step in the department’s efforts to halt schemes that prey upon individuals and small businesses across the United States,” said Principal Deputy Assistant Attorney General Brian Boynton, head of the Justice Department’s Civil Division. “The department is committed to using all of the tools at its disposal to prevent fraudsters from reaching into victims’ bank accounts and stealing their hard-earned savings.”
As the Lord Leads, Pray with Us…
- For Principal Deputy Assistant Attorney General Boynton to be led by God as he heads the DOJ’s Civil Division.
- For Attorney General Merrick Garland to be discerning as he oversees the Justice Department.
- For Americans to be aware of fraudulent activities occurring on their accounts.
Sources: Department of Justice
