Fraudology Podcast with Karisse Hendrick

Fraudology is presented by Sardine. Get your tickets to Sardine[Con] and end the scamedmicThe latest Fraudology Podcast episode features an eye-opening conversation between host Karisse Hendrick and fraud expert Frank McKenna, as they unpack their top fraud predictions for the year ahead. The discussion centers around the theme of eroding trust in digital interactions, with Frank explaining how AI-powered scams are becoming the new norm. They explore the rise of "data sniper scams," where fraudsters leverage breached personal data to create hyper-targeted, fear-inducing messages. The episode also covers the increasing sophistication of romance scams, including a recent case involving AI-generated images of celebrities. Karisse and Frank emphasize the importance of education and collaboration in combating these evolving threats, urging organizations to empower their fraud analysts to share knowledge and insights. They touch on the potential impact of new political administrations on fraud regulations and the growing concerns around cryptocurrency-related crimes. Don't miss this crucial discussion on the future of fraud and cybersecurity.Fraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line. Connect with her on LinkedIn She brings her experience, expertise, and extensive network of experts to this podcast semi weekly, on Tuesdays and Thursdays.

Fraudology is presented by Sardine. Get your tickets to Sardine[Con] and end the scamedmicIn this information-packed episode of the Fraudology Podcast, Karisse Hendrick tackles three major fraud stories making waves in the financial world. She starts by dissecting a $2.2 million cryptocurrency scam in New York that used fake job offers to dupe victims. Karisse explains how the scammers operated and how authorities were able to trace and freeze the stolen funds. Next, she examines the massive $255 million penalty levied against Cash App for inadequate fraud protections. Drawing on her extensive payments industry experience, Karisse offers valuable insights on the regulatory implications for peer-to-peer payment apps. The episode concludes with an in-depth look at a $128 million merchant processing fraud scheme run by Daniel Liberty. Karisse breaks down how these "IBO scams" exploit victims and evade detection, offering nine red flags to watch out for. Throughout the episode, she provides expert commentary to help listeners understand the significance of these cases and emerging fraud trends.Don't miss out - tune in now to stay informed about the latest developments in financial fraud!Related Articles:https://nypost.com/2025/01/09/us-news/text-scammers-blasting-out-bogus-job-offers-stole-2-2m-in-crypto-ny-ag-says-never-ending-nightmare/https://frankonfraud.com/wp-content/uploads/2025/01/IBO-MERCHANT-FRAUD-SCHEME.pdfhttps://www.nytimes.com/2025/01/16/business/cash-app-fraud-settlement.html?unlocked_article_code=1.qU4.rxhB.IYzsf-PZju-E&smid=url-share&utm_source=frankonfraud.beehiiv.com&utm_medium=newsletter&utm_campaign=the-invisible-threat-ibo-merchants-bypass-every-bank-control&_bhlid=3f01ee36614c67a351fee49665eae2e20ae7ebefFraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line. Connect with her on LinkedIn She brings her experience, expertise, and extensive network of experts to this podcast semi weekly, on Tuesdays and Thursdays.

Fraudology is presented by Sardine. Get your tickets to Sardine[Con] and end the scamedmicPrepare to have your mind blown by the latest Fraudology episode featuring Nick Furneaux, a trailblazer in cryptocurrency investigations. Karisse guides listeners through an eye-opening discussion on the realities of crypto-related crime and the investigative techniques used to combat it. Furneaux shares shocking insights into the industrialization of scamming, including the disturbing rise of "scam centers" where fraudsters themselves become victims of human trafficking. The conversation takes unexpected turns, touching on everything from ancient Greek insurance fraud to the philosophical nature of currency itself. Furneaux's ability to simplify complex concepts shines through as he explains blockchain technology using relatable analogies like Excel spreadsheets and Lego bricks. The episode highlights the critical need for law enforcement to adapt to the lightning-fast pace of technological change, with Furneaux advocating for AI-driven solutions to keep up with increasingly sophisticated criminal operations. Listeners will come away with a deeper understanding of the challenges facing fraud investigators and the innovative approaches being developed to address them. Don't miss this chance to learn from one of the field's most knowledgeable and engaging experts.Fraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line. Connect with her on LinkedIn She brings her experience, expertise, and extensive network of experts to this podcast semi weekly, on Tuesdays and Thursdays.

Fraudology is presented by Sardine. Get your tickets to Sardine[Con] and end the scamedmicIn this episode of Fraudology Podcast, Karisse Hendrick dives into the latest developments in online fraud and consumer protection. She discusses a groundbreaking proposal by the Consumer Financial Protection Bureau (CFPB) to extend consumer protections to cryptocurrency transactions, potentially aligning crypto accounts with traditional bank accounts in terms of fraud prevention standards. Karisse explores the implications of this proposal, including its potential to address rising cyber threats and provide more robust protections for consumers transacting in stablecoins and other digital assets. However, she also highlights criticisms of the proposal, such as its lack of clarity and potential exclusion of non-custodial wallets. The episode provides valuable insights into the evolving landscape of financial regulations and their impact on both consumers and the crypto industry. Karisse also touches on the uncertain future of the CFPB itself, adding another layer of complexity to these proposed changes. Tune in to gain a deeper understanding of how these potential regulatory changes could affect the future of cryptocurrency transactions and consumer rights.Related articles:https://romancescamsnow.com/dating-scams/urgent-scam-warning-southern-california-los-angeles-wildfires-evacuation-scams-2025/https://beincrypto.com/us-crypto-providers-to-compensate-scam-victimshttps://www.bleepingcomputer.com/news/legal/telegram-hands-over-data-on-thousands-of-users-to-us-law-enforcementFraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line. Connect with her on LinkedIn She brings her experience, expertise, and extensive network of experts to this podcast semi weekly, on Tuesdays and Thursdays.

Fraudology is presented by Sardine. Get your tickets to Sardine[Con] and end the scamedmicIn the latest episode of the Fraudology Podcast features an enlightening conversation between Karisse Hendrick and Jason Costain, founder of Javloc consultancy and a seasoned fraud prevention expert. Jason takes listeners on a journey through the transformation of the UK banking industry's approach to authorized push payment (APP) scams, offering a wealth of knowledge for fraud fighters worldwide.Jason delves into the game-changing developments in fraud prevention triggered by the UK's voluntary reimbursement code. He explains how this shift led to groundbreaking innovations, including AI-driven risk assessment, real-time payment monitoring, and customer-centric security measures. The discussion covers the importance of understanding customer behavior, implementing effective warnings, and the power of data analytics in fraud detection.One of the most compelling aspects of the episode is Jason's emphasis on the human element in fraud prevention. He shares poignant stories of scam victims and stresses the importance of empathy and education in protecting vulnerable customers. The conversation also explores the potential for global adoption of UK-style fraud prevention measures, offering valuable insights for banks and regulators in other countries. Tune in now to arm yourself with the latest insights in the fight against financial fraud.To Connect with Jason on LinkedIn:https://www.linkedin.com/in/jason-costain-b529746/Fraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line. Connect with her on LinkedIn She brings her experience, expertise, and extensive network of experts to this podcast semi weekly, on Tuesdays and Thursdays.

Fraudology is presented by Sardine. Get your tickets to Sardine[Con] and end the scamedmicIn the first solo episode of 2025, Fraudology Podcast host Karisse Hendrick delivers a comprehensive overview of the fraud landscape, offering listeners a roadmap for the challenges that lie ahead. Hendrick shares insights from her collaboration with fraud experts Frank McKenna and Mary Ann Miller on their annual fraud predictions, revealing alarming trends in scams, data breaches, and AI-enabled fraud. The episode highlights how 2024 saw a staggering $1.3 trillion transfer of wealth to criminals through scams, affecting 3 billion people weekly. Karisse delves into the explosion of AI and deep fake technologies in fraud, the rise of "glitch culture," and the reluctant efforts of social media platforms to combat criminal activity. The discussion takes an inspiring turn as Hendrick explores Binance's innovative anti-scam measures, including proactive alerts, personal interventions, and a novel "24 Hour Safety Net" approach. These strategies offer a glimmer of hope and practical examples for other organizations looking to enhance their fraud prevention efforts. Tune in to gain valuable insights and arm yourself with the knowledge needed to navigate the complex world of fraud in 2025 and beyond.To read the 2025 Fraud Predictions Article:https://frankonfraud.com/return-fraud-hits-record-high-as-retailers-struggleTo read the Binance Article:https://www.binance.com/en/blog/security/binance-2024-antiscam-refund-initiative-end-of-year-report-8565376682770785375Fraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line. Connect with her on LinkedIn She brings her experience, expertise, and extensive network of experts to this podcast semi weekly, on Tuesdays and Thursdays.

Fraudology is presented by Sardine. Get your tickets to Sardine[Con] and end the scamedmicThis episode of the Fraudology Podcast episode features a riveting discussion between host Karisse Hendrick and returning guest Chen Zamir on the unexpected potential of large language models (LLMs) in fraud detection. Chen details his recent experiment using Claude AI to analyze transaction data, which yielded surprisingly accurate results in identifying fraudulent activity without any specialized training or data preparation. The conversation delves into the implications of these findings, exploring how LLMs could democratize access to sophisticated fraud prevention tools for businesses of all sizes. Chen and Karisse examine the pros and cons of this technology, including its ability to uncover previously undetected fraud patterns and its potential impact on the job market for fraud investigators. They also discuss practical applications for businesses looking to enhance their fraud prevention strategies using readily available AI tools.Don't miss this thought-provoking exploration of AI's role in combating financial crime – tune in now to stay ahead of the curve in fraud prevention.To connect with Chen Zamir: https://www.linkedin.com/in/chen-zamir-b8b36828/To subscribe to Chen's Newsletter, "The Saturday Fraud Strategist":https://www.nativerisk.com/newsletterFraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line. Connect with her on LinkedIn She brings her experience, expertise, and extensive network of experts to this podcast semi weekly, on Tuesdays and Thursdays.

Soups Ranjan, CEO of Sardine and a leader in fintech focused on fraud prevention, shares groundbreaking insights on AI-driven solutions. He introduces a revolutionary card-to-identity matching tool that has caught 35% of fraud in trials. The conversation dives into the rise of seller-side fraud and Sardine's innovative behavioral signals detection methods. Ranjan also discusses how clients use generative AI to streamline manual reviews, enhancing efficiency in combating online scams. Perfect for anyone eager to understand the future of fraud detection!

Fraudology is presented by Sardine. Get your tickets to Sardine[Con] and end the scamedmicIn this timely episode of the Fraudology Podcast, Karisse Hendrick dives into the latest fraud trends and cybersecurity threats impacting e-commerce during the busy holiday shopping season. Hendrick shares surprising data from TransUnion showing a 30% decrease in fraud rates compared to last year's Black Friday and Cyber Monday period. She provides insider perspective on why fraud percentages may be lower, despite an increase in overall fraud instances, and compares this year's trends to previous holiday seasons. The episode also covers a recent FBI warning about cybercriminals' increasing use of generative AI to enhance their fraud schemes, including creating more convincing phishing emails, fake social media profiles, and impersonation scams. Hendrick breaks down the FBI's key tips for consumers to protect themselves, like using family code words and verifying callers' identities. For fraud prevention professionals, this episode offers valuable insights into evolving threats and defensive strategies as the holiday shopping season reaches its peak. Tune in to stay ahead of the latest fraud trends and learn how AI is changing the cybersecurity landscape.Fraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line. Connect with her on LinkedIn She brings her experience, expertise, and extensive network of experts to this podcast semi weekly, on Tuesdays and Thursdays.

Fraudology is presented by Sardine. Get your tickets to Sardine[Con] and end the scamedmicIn this episode of Fraudology we recap a Banking on Fraudology episode, where we tackle one of the most pressing issues facing financial institutions today: synthetic identity fraud.Windham welcomes David Maimon, a renowned expert in cybercrime and head of Fraud Insights at Sentilink, for an in-depth discussion on the mechanics and implications of this sophisticated form of fraud. Maimon breaks down the key differences between first-party and third-party synthetic identities, explaining how fraudsters combine real and fake information to create convincing personas that can fool even robust verification systems.The conversation takes listeners inside the dark web marketplaces where stolen personal information is bought and sold, revealing the shocking ease with which criminals can acquire the building blocks for synthetic identities. Maimon and Windham explore emerging trends like the use of synthetic identities to create fake businesses, potentially amplifying the scale of fraud losses. They also discuss how generative AI is being used to attempt to bypass liveness checks, though Maimon emphasizes that AI still can't fabricate a person's entire history. Throughout the episode, both host and guest stress the importance of "keeping your hands dirty" by staying actively engaged in understanding the latest fraud tactics. Don't miss this opportunity to learn from two passionate fraud fighters on the front lines of the battle against synthetic identity fraud.Fraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line. Connect with her on LinkedIn She brings her experience, expertise, and extensive network of experts to this podcast semi weekly, on Tuesdays and Thursdays.