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Inside the $10 Billion Debt Settlement Machine: Stop-Paying Scripts, 25 Percent Fees, and a Bureau That Prefers a Quiet Meeting
News

Inside the $10 Billion Debt Settlement Machine: Stop-Paying Scripts, 25 Percent Fees, and a Bureau That Prefers a Quiet Meeting

For-profit debt settlement shops still tell clients to stop paying cards and take 15 to 25 percent. Card balances hit $1.26 trillion while federal enforcement got quieter.
Visa and Mastercard Kept Settling OnlyFans Charges After a Whistleblower Says They Were Warned About Child Sexual Abuse Material
Crime News

Visa and Mastercard Kept Settling OnlyFans Charges After a Whistleblower Says They Were Warned About Child Sexual Abuse Material

A compliance specialist told FinCEN that Visa and Mastercard kept clearing OnlyFans payments after 2021 warnings about child sexual abuse material. Both companies deny it. Plaintiffs later cited that account…
U.S. Charges Curitiba Hacker Junior Barros De Oliveira With Extorting $3.2 Million in Bitcoin After a 300,000-Record Breach
Hacker News

U.S. Charges Curitiba Hacker Junior Barros De Oliveira With Extorting $3.2 Million in Bitcoin After a 300,000-Record Breach

A Newark indictment unsealed December 23, 2024, charges Junior Barros De Oliveira, 29, of Curitiba, Brazil, with threatening to leak about 300,000 customer records stolen from a Brazilian subsidiary of…
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