fraud
Entellium CEO, CFO Arrested by FBI
ADOTAS – Software startup Entellium is in hot water for allegedly cooking the books. Its CEO, Thomas Johnston, and its CFO, Parrish Jones, have been arrested by the FBI for pumping up sales figures to attract venture funding. And attract it they did! According to a release from the U.S. Attorney’s [...] more...
Facebook Gets Slapped With Beacon Suit
ADOTAS – Facebook, Blockbuster, Fandango and Overstock (and others) are being hit with a class-action lawsuit in California that alleges the companies violated online privacy and fraud laws. It all goes back to the ill-fated Facebook program Beacon. The infamous default program informed users’ friends about all of their e-commerce activity, [...] more...
AdBrite, Google Drawn Into JuicyCampus Controversy
ADOTAS — JuicyCampus.com, a controversial Web site that publishes anonymous, unverified, and usually mean-spirited gossip about college students has become the target of unflattering chatter itself of late. It’s also in the crosshairs of prosecutors in New Jersey who subpoenaed its records to find out of the site violates the state’s [...] more...
Cybercriminals Ride Wave of Election Mania to Click Farm City
ADOTAS — Cybercriminals have found new targets for their dastardly schemes: the election-obsessed. The most eagerly followed election race in recent memory has triggered an avalanche of cybersquatter activity as online speculators try to shake down the public by registering more than 1,900 domain names related to presidential candidates, NetNames [...] more...
Fraud 2.0
As though straight out of some biblical parable, for whatever reason, a percentage of those engaging in an activity will do it the good way while a percentage will do it the bad way. In sports or academics, they call it cheating. In our industry, they call it fraud, and [...] more...
Customer Web Experience Derailed by PayPal Fraud: A True Story
A few months ago I had the unfortunate experience of being a victim of PayPal fraud. Although very unpleasant and still ongoing, it did highlight several facts: - Customer experience is #1 - Hubris was the death of many a online operation during the tech boom - On the web your competition is [...] more...
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HipCricket: SMS Is Still the Wave of the FutureADOTAS EXCLUSIVE — HipCricket, a mobile marketing company, has been changing the way advertisers think about reaching their audiences since [...] more...
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