Indiana

Indiana senior citizen loses $500 in “money flipping” scam

Published

2 years ago

September 23, 2022

Indiana senior citizen loses 0 in “money flipping” scam

INDIANAPOLIS — Mark White is a senior citizen who lives on a set earnings.

So, when the North Vernon man obtained a message providing to become profitable rapidly, he determined to provide it a shot.

As a substitute, White grew to become a sufferer of a “cash flipping” rip-off, or get wealthy fast rip-off.

White met a girl named “Elizabeth” on a social media relationship website.

She informed him she labored for an funding firm in Florida.

“She mentioned if I despatched her $500 she would make investments it by way of her firm after 5 days I might see a revenue,” White mentioned. “With being on a set earnings and Social Safety, barely getting by, I figured I might take an opportunity and roll the cube,” mentioned White. “So, I despatched her the $500 by way of Bitcoin.”

White says days later over Google Chat, the funding firm informed him his $500 had turned a $5,960 revenue.

They requested for his Money App info, which is a digital pockets service, and informed White to obtain his cash he wanted to ship an extra $2,000.

“I informed them no,” White mentioned. “Then they requested for my checking account login to deposit the funds. I informed them no.”

White contacted the FBI, IC3, the Indiana Legal professional Normal and the Higher Enterprise Bureau.

The BBB says it’s a get-rich-quick rip-off the place the “buyers” ask you to ship or obtain cash by way of Money App or one other digital pockets service.

“Somebody will attain out to you claiming they’ll flip your smaller funding into a bigger return after which what occurs is when you ship that cash they will say there’s taxes you need to pay, or the app you are utilizing has requested cash,” mentioned Jennifer Adamany, a spokesperson for the BBB Serving Central Indiana. “No matter it could be, you are really placing cash into the scammer’s pockets.”

The scammers may additionally declare Money App costs a price to return your cash.

“In the event that they reached out to you unsolicited, that is a pink flag proper there,” Adamany mentioned. “Maintain a watch out for buzz phrases. In the event that they assure something that you will get a revenue, that is an enormous pink flag. Any funding there is not any assure you may get a return on that cash. “

Mark White now is aware of that Elizabeth doesn’t exist, and is probably going a scammer abroad.

“It would not matter if it is 5 cents or $5 million,” White mentioned. “Fraud is fraud.”

BBB Tricks to Keep away from Cash Flipping Scams:   

Inform an actual Money App giveaway from a rip-off. Since 2017, Money App has been working weekly giveaways underneath the hashtag #CashAppFriday. The corporate companions with companies and celebrities, who ask customers to retweet or touch upon their social posts in hopes of being chosen for a money prize. Scammers typically use comparable language and fake like they’re a part of an official giveaway. Be sure a giveaway is actual earlier than you reply. 
Search on-line. Earlier than contacting the potential scammer, do an internet search of their username or cellphone quantity. If it is a rip-off, likelihood is that different victims have posted complaints and knowledge on-line.
Be very cautious of buzzwords. Sure phrases ought to increase a pink flag. Don’t consider something that’s “assured” to do nicely, or that gives low or no threat with a excessive return. Anybody who claims to have the ability to flip a small funding into piles of money in mere minutes is a rip-off artist.
Deal with Money App like money. When you ship cash by way of Money App, it’s possible you’ll not be capable to get that cash again. It’s now scammers cost technique of alternative, so watch out.

A Money App spokesperson supplied the next assertion:

“Stopping fraud is critically essential to Money App. We proceed to spend money on and bolster fraud-fighting assets by each growing staffing and adopting new expertise. We’re always bettering programs and controls to assist stop, detect, and report dangerous exercise on the platform.”

Money App supplied the next info on what the corporate does to deal with fraud:

Money App Buyer Profiles: Money App has buyer profiles constructed into the app which give info on a recipient so {that a} sender can verify they’re sending their cost to the right individual.

Money App Profiles embrace info on a possible recipient, such because the date they joined Money App, a consumer photograph that you would be able to zoom in on, whether or not or not they’re in your cellphone contacts, and whether or not they’ve obtained funds from different folks the client has paid or different folks within the buyer’s cellphone contacts.

Money App prospects ought to ship funds to folks they belief. When sending a cost to somebody, the recipient’s Profile profile is out there to click on and evaluation earlier than you ship a cost. If a consumer is sending a cost to somebody for the primary time, Money App prompts customers to test the client profile first.

Reporting Scams:

We not too long ago launched an AI-driven characteristic that flags potential spam or scams for funds within the app. Prospects can even block a given sender or recipient.
Outdoors the app, we have began deploying SMS textual content messages with hyperlinks to prospects after we suspect that login makes an attempt look uncommon.
If a buyer is sending cash to an individual who we predict is just not of their contact listing, we’ll double immediate them to verify they need to ship cash to the account.
Prospects may additionally report fraud or scams within the app for our consideration.

Working with Platforms:

We actively monitor main platforms (like Google, Fb, Instagram, Twitter, and so on), and report scams and fraud to these platforms as they arrive to our consideration.
We are also actively endeavor work to enhance search rankings and discoverability of Money App’s assist pages and buyer help contact info.
We have now been working with varied platforms to deactivate all accounts that search to benefit from our prospects or infringe our mental property rights (eg: use our title or emblem with out permission).
On account of our proactive reporting, we have additionally been in a position to work in coordination with platforms to take down fraudulent pages with pretend 1-800 numbers falsely posing as Money App. Money App’s cellphone quantity is 1-800-969-1940 and prospects and non-customers can contact us by way of that quantity.

Social Media:

We have now sturdy relationships with social platforms and do every little thing we will to coach these platforms to scale back abuse there.
We have now a help presence on 6 social media platforms, the place Money App Assist may be contacted straight – Twitter, FB, TikTok, Instagram, App Retailer opinions and the Money App subreddit
On Twitter, we now have our personal devoted help presence impartial of our Model account (@CashSupport)
The Social Response crew additionally responds to prospects who attain out for help by way of LinkedIn feedback on our Model & Individuals Ops posts

The way to Attain Money App:

In the event you consider you’ve gotten fallen sufferer to a rip-off, it is best to contact Money App Assist by way of the app, web site, or the cellphone quantity under.
The Money App crew won’t ever ask prospects to ship them cash, nor will they solicit a buyer’s PIN or sign-in code outdoors of the app.
Money App’s cellphone quantity is 1-800-969-1940 and prospects and non-customers can contact us by way of that quantity.
We let prospects know to please remember that Money App workers are sometimes impersonated by scammers circulating pretend cellphone numbers on-line. By no means name anybody claiming to symbolize Money App at another quantity. And keep in mind that Money App won’t ever ask to your PIN or sign-in code.

Source link

Click to comment

Indiana

How To Watch Indiana Against Providence in Battle 4 Atlantis 7th-Place Game

Published

7 hours ago

November 29, 2024

Press Room

How To Watch Indiana Against Providence in Battle 4 Atlantis 7th-Place Game

PARADISE ISLAND, The Bahamas – Indiana and Providence have one last chance to salvage a win Friday in the Battle 4 Atlantis seventh-place game. The loser will head home as the member of the eight-team tournament to go winless in the three-game stretch.

Indiana entered the tournament with a 4-0 record and ranked No. 14 in the nation, but it suffered an 89-61 loss to Louisville Wednesday and an 89-73 loss to Gonzaga Thursday. Providence had a 5-0 record before losing 79-77 to Oklahoma and 69-58 to Davidson.

*** LIVE BLOG:Once the game starts, CLICK HERE to read our live blog written by Jack Ankony, including live updates, highlights and thoughts on the game.

Bart Torvik rankings

Projected score: Indiana 72, Providence 67. Torvik gives the Hoosiers a 68% chance of victory.

Indiana Hoosiers

Providence Friars

Meet the coaches

Source link

Indiana

Gonzaga responds to loss with emphatic Thanksgiving Day win over Indiana: 3 takeaways

Published

15 hours ago

November 28, 2024

Press Room

Gonzaga responds to loss with emphatic Thanksgiving Day win over Indiana: 3 takeaways

How does a team shake off its first loss of the season while facing a top-15 program that also has a lot to prove following its first defeat?

Ask Gonzaga men’s basketball head coach Mark Few — he and his coaching staff appeared to have all the answers to guide the Bulldogs to an 89-73 victory over No. 14 Indiana on Thursday to advance to the Battle 4 Atlantis fifth-place game.

The Zags (5-1) didn’t waste any time putting their overtime defeat to West Virginia behind them, as they jumped out to an 8-0 lead over the Hoosiers (4-2) in the first couple of minutes before taking a double-digit lead into halftime. Oumar Ballo kept Indiana in the fight early on to make it a 1-point game nearing the 9-minute mark in the first half, yet despite the former Zag’s efforts, Gonzaga capitalized on second-chance opportunities and transition points to go on a 21-2 scoring run, highlighted by an alley-oop dunk from Khalif Battle. The sixth-year guard led his team with 16 points and grabbed five rebounds, while five of his teammates scored in double figures, thanks in large part to Ryan Nembhard’s 13 assists.

With the win, Gonzaga will play the winner of Providence/Davidson in the fifth place on Friday at 5:30 p.m. PST/8:30 p.m. EST.

Here are three takeaways from the victory.

BULLDOGS IMPOSE THEIR WILL DOWN LOW

Gonzaga Bulldogs guard Khalif Battle (99) celebrates with Gonzaga Bulldogs forward Ben Gregg (33) after scoring during the first half against the Indiana Hoosiers at Imperial Arena at the Atlantis resort. / Kevin Jairaj-Imagn Images

Braden Huff noted the Bulldogs didn’t have much of a presence in the paint in their loss to the Mountaineers. The Zags went a season-worst 19-of-44 (43.2%) from inside the arc and never established themselves on the low block, instead settling for 3-pointers when their first action didn’t lead to a score from 5 feet out.

Ballo and 6-foot-9 forward Mackenzie Mgbako posed a different kind of challenge, though, despite a hot start from Ballo, who scored 17 of his team’s first 31 points, Gonzaga’s bigs controlled the interior and the boards in totality. The Zags outrebounded the Hoosiers, 42-27, and outscored their opposition, 23-4, in second-chance points.

“Our bigs did a good job,” Few said after the game. “That’s the first team we played that’s kind of like us — likes to throw the ball inside a lot, really ducks in and really puts a lot of foul pressure on you. We were in massive foul trouble in the first half. Got in even more trouble in the second half. But they kept playing. They kept repeating and moving them in and out of there, and they were able to stay in the game.”

Ballo gave the Hoosiers a much-needed spark after they fell into an 8-0 hole. The 7-foot-tall, 237-pound redshirt senior nailed a few right-handed hook shots to put his team in position to compete with the No. 3-ranked team in the country. Ballo led all scorers with 25 points.

“Clearly he’s gotten a lot better,” Few said of Ballo. “I mean that was what six years ago [when Ballo arrived to Gonzaga as a freshman]? He’s older, he’s gotten in great shape. I’m happy for him. That right-handed hook was going tonight but we were OK with that. We just didn’t want him to get a whole lot of stuff between us and the basket.”

Michael Ajayi had his best game as a Zag, recording 15 points and nine rebounds on 5-of-9 from the field, while Ike finished with 14 points and seven rebounds. Ben Gregg added 13 points off the bench and held down the center spot while Ike and Huff had to sit on the bench due to foul trouble in the second half.

AN EMPHATIC RESPONSE

Gonzaga Bulldogs guard Khalif Battle (99) celebrates with Gonzaga Bulldogs guard Ryan Nembhard (0) after scoring during the first half against the Indiana Hoosiers at Imperial Arena at the Atlantis resort. / Kevin Jairaj-Imagn Images

Gonzaga’s players looked ready to flush away the dramatic loss to WVU the moment they stepped off the floor Wednesday. Having a short memory is somewhat necessary when playing three games in as many days, regardless of the final score. Safe to say the Bulldogs embraced that mentality heading into Thursday’s consolation game.

“There’s a lot you say in a 24-hour period like that,” Few said in regard to how he addressed his team in wake of their loss to WVU. “We talked about how in a game like the other night, comes down to one or two possessions, we’ve got to be able to execute, especially on defense. I didn’t feel like we played very good ‘D’ last night.”

The Zags flipped the script on that end of the floor against the Hoosiers. While Ballo was rolling down low, his teammates weren’t creating much on offense from the perimeter. Indiana’s starting backcourt of Myles Rice and Kanaan Carlyle combined for 12 points on 4-of-14 from the field. Malik Reneau, who led the way with 21 points against the Cardinals, put up a goose egg in the first half before ending the night with a quiet six points in 24 minutes of action.

ONTO PROVIDENCE/DAVIDSON

Gonzaga Bulldogs head coach Mark Few reacts during the first half against the Indiana Hoosiers at Imperial Arena at the Atlantis resort. / Kevin Jairaj-Imagn Images

The Zags can enjoy the rest of their Thanksgiving holiday while they await their opponent for tomorrow’s fifth-place game at 5:30 p.m. PST. Gonzaga will face the winner of Providence (5-1) vs. Davidson (4-1) to conclude its trip in The Bahamas.

The Friars nearly completed a wild comeback against Oklahoma in the final minutes of their quarterfinal matchup on Wednesday. The Sooners led by nine points with 44 seconds left but missed free throws and a traveling violation made it a 2-point game in the final seconds. Wesley Cardet Jr. had 17 points, Jayden Pierre and Bensley Joseph 16 each and Corey Floyd Jr. put up 13 for Providence.

The Wildcats got blown out, 104-71, by No. 24 Arizona on Wednesday. Connor Kochera tallied 20 points and Bobby Durbin nailed five 3s for Davidson, which went 38% from the field.

MORE GONZAGA NEWS & ANALYSIS

FOLLOW US ON SOCIAL MEDIA

Continue to follow our Gonzaga coverage on social media by liking us on Facebook and following us on Instagram and Twitter.

Source link

Indiana

How to watch Gonzaga Bulldogs vs. Indiana Hoosiers: TV channel, live stream for Battle 4 Atlantis game

Published

23 hours ago

November 28, 2024

Press Room

How to watch Gonzaga Bulldogs vs. Indiana Hoosiers: TV channel, live stream for Battle 4 Atlantis game

A pair of AP Top 25 teams look to bounce back from their first letdowns of the season on Thursday when No. 3 Gonzaga takes on No. 14 Indiana in the Battle 4 Atlantis event from The Bahamas.

The Bulldogs (5-1) were less than 30 seconds away from advancing to the semifinal round before West Virginia mounted a swift comeback in the final seconds behind Tucker DeVries, who sunk two free throws in the final seconds of regulation to force overtime. The Mountaineers held the Zags to 2-of-10 from the field in the extra period to come away victorious, 84-78, over the No. 3-ranked program in the country. Gonzaga also led by eight points at halftime and by double-digits at the 18:35 mark in the second half.

Braden Huff’s 19 points led his team, followed by Khalif Battle with 16 points. Javon Small scored a season-high 31 points for West Virginia, which went 14-of-28 (50.0%) from the field in the second half.

The Hoosiers (4-1) are looking to rebound from Wednesday’s 89-61 loss to Louisville in their Battle 4 Atlantis opener on Wednesday. Malik Reneau led Indiana with 21 points while former Zag Oumar Ballo recorded 11 points and six rebounds.

The Bulldogs and Hoosiers have met four times before, all at neutral sites, with the series split at 2-2. The two last met in the 2008 Hartford Classic in Indianapolis, Indiana, where the Zags came out on top, 70-54.

The winner of Thursday’s game plays at noon PST on Friday in the third-place game. Loser plays at 8 a.m. PST in the seventh-place game.