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A Train Hack, $80M Pig Butchering Scheme, and Greg Van Houten of Haynes Boone on the SEC's New Cybersecurity Disclosure Rules

Hacker And The Fed

CHAPTER

Scammers Arrested for Costly Fraud Scheme Targeting US Citizens

Discussion of a scam where fraudsters pretend to be Americans and swindle victims out of hundreds of millions of dollars annually, using US banks and California-based companies for money laundering purposes. The hosts express sympathy for victims and emphasize the importance of vigilance to prevent falling victim to cyber crimes.

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