Tag Archives: Fraud

New online course deeps into the principles of Open Source Intelligence (OSINT) activities

AMSTERDAM, 9-Dec-2020 — /EPR LAW NEWS/ — In December 2020, Social Links, in partnership with Corma.de – the German private investigative agency, is launching an Academy that explains the principles of OSINT activities. It expounds in detail the methods of extracting information from a very wide number of online sources and clarifies the principles of analyzing this information. The course constitutes a series of videos on the application of more than 900 Social Links Transforms for Maltego software – a widely used solution in the areas of law enforcement and cybersecurity. The online course is available by subscription and included in the package for customers who order Social Links Box, a full-fledged cyber security and threat intelligence unit solution.

Due to lockdowns and mass migration of people to the Internet, 2020 is officially recognized as the year of digitalization. This trend has also been picked up by companies that are increasingly resorting to the Internet not only as a communication tool, but also as the main source of open information, which they ultimately rely on in their business decisions. Open Source Intelligence (OSINT) – originally born as part of intelligence and homeland security, is a set of methods and tools for working with the analysis of open data. OSINT has always been fundamental in intelligence and business (up to 90% of the valuable information on which decision-making is based can be obtained through open sources). Today, the technology is successfully used by companies of various scales, allowing to reduce specific risks to almost 100%.

Corma.de Social Links academy is prepared by the head of the agency and the lead trainer of Corma – Jörn Weber. He spent many years working in the German police and retired with the rank of Kriminalhauptkommissar (Detective Chief Inspector). He and his team now support corporate security departments and brand protection teams from international clients with the successful execution of their investigations. Jörn Weber has been teaching OSINT technologies for many years and has gained vast practical experience, not only in the investigations themselves, but also in the transfer of his skills and knowledge. He devoted a significant place in the Social Links OSINT Academy courses to general approaches to working with data, analyzing real cases, and building an investigation strategy.

“For 6 years, we have been working with the leading OSINT specialists, platforms and clients, which allows us to use their knowledge and experience to develop Social Links services. Everything we do in one way or another is based on the experience of this collaboration and we understand the importance of proper automation of data collection and analysis processes more than anyone else. The only thing that no OSINT service can do is to teach an investigator’s way of thinking. Such a mindset coupled with the right tool is the key to successful investigations, so it is extremely important to get a theoretical basis from an experienced instructor, which is undoubtedly Joern Weber,” says Andrey Kulikov, CEO of Social Links.

The course is available by subscription and included in the package for customers who order Social Links Box, a full-fledged cyber security and threat intelligence unit solution.

SOURCE: EuropaWire

Business Intelligence can Prevent Fraud and Embezzlement Overseas

It is all too easy for a company or entrepreneur that does business in foreign countries to get ripped off. Fraud, embezzlement, identity theft and other kinds of white color crime are all too common in many nations. To make matters in some countries the authorities will either be actively involved in such crimes or cover them up.

Governments cover up such crimes for many different reasons including encouraging investment and protecting the national reputation. In undemocratic countries it can be very hard for foreign businesspeople to tell if such crimes are going on. Authorities often go to great lengths to hide such shenanigans which can make it difficult to know whether it is safe to do business or not.

Fortunately there are profile services that can help individuals and companies know if it is safe to invest or do business in a country. These organizations are business intelligence companies, they gather intelligence for business much like intelligence agencies gather information for governments. Many business intelligence agencies employ former agents of the CIA and other intelligence services so they can gather a large amount of information that is not normally available.

Many of these agencies specialize in investigating business climates in specific nations. They actually employ specialists whose job it is to spot fraud and corruption. This can help a company avoid such pitfalls. These companies can prepare a comprehensive report about a particular nation and the risks a company can run by doing business there. They can also help investigate fraud after it occurs.

When attorney Howard Fensterman sued certain individuals in Abu Dhabi over alleged fraud he hired such a company to do an investigation. Fensterman’s clients claim they lost $18 million in a business deal in the UAE. Had they hired such a company beforehand they could have avoided such losses.

The risk of being defrauded when you do business overseas is much greater than many entrepreneurs believe. Therefore it is always a good idea to hire professionals who can help you identify the dangers and show you how to avoid them. In addition to alerting a company to the dangers of fraud, a business intelligence firm can tell its management team what measures they can take to avoid to the danger. That can save a company tens of millions of dollars and help it do business in an honest and ethical manner even in a foreign nation.

Via EPR Network
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A Simple Search Could Save You a Lot of Money

Something that a lot of investors don’t realize is that a simple internet search can save an investor or group of investors a lot of money. In many cases simply typing the name or locale into a search engine such as Google or Bing can protect a person from fraud.

Most of the scam artists that commit investment fraud have done it, over and over again. Some of them have been committing such crimes for decades, and they even have criminal records or a history of serving time in prison. Typing their name and the word fraud into a search engine can turn up interesting results. Similarly, typing the name of somebody offering an investment and the word lawsuit into a search engine also can produce very informative results. It is possible to sue con artists to get your money back. You can even sue in U.S. Courts foreign con artists who commit their crimes in other countries.

That means you can check out foreign investment opportunities with an online search. But don’t just read a single on-line posting about the fraud or lawsuit, read all the postings to obtain a full perspective of what happened so you can make a more educated decision. A person thinking of doing business in the United Arab Emirates or UAE (the Persian Gulf State where Dubai and Abu Dhabi are located) could type in the words lawsuit and UAE. This search might show you that New York attorney Howard Fenstersman has sued a group of a group of prominent businessmen in Abu Dhabi on behalf of a group of US investors who alleged that $18 million of their money had been stolen from a UAE bank.

Obviously, con artists and persons trying to drum up business would not tell you this, but an online search can. For example, shares in Medical Capital Holdings, a notorious pyramid scam based in Orange County , California , were sold by agents working for Securities America (a brokerage based in Nebraska ). Anybody who searched “Securities America” and the word “lawsuit would” have found that the brokerage is facing millions of dollars in lawsuits filed by investors who claimed they were ripped off by its brokers.

An online search can be one of the most powerful tools in stopping fraud and protecting investors. All investors should do so when considering new investments.

Via EPR Network
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