scam – Arkansas News Network

Bentonville man sentenced to 16 years for pandemic loan scam

admin5 months ago05 mins

A Bentonville man has been sentenced to 16 years in federal prison for orchestrating a pandemic loan scam, underscoring the crackdown on COVID-19-related financial fraud. He applied for millions in loans intended for small businesses and individuals impacted by the pandemic, diverting the funds for personal use. This case illustrates the ongoing efforts by law enforcement to combat fraudulent activities and restore trust in financial systems. The court emphasized the significance of accountability in protecting public resources from deceit.

Springdale man pleads guilty to crypto scam, using investor’s money to gamble online

admin9 months ago03 mins

In a recent development, a Springdale man has pleaded guilty to a cryptocurrency scam that defrauded multiple investors. The scam involved the man using investors’ money to fund his online gambling activities, leaving victims devastated financially. This case highlights the dangers of unregulated cryptocurrency investments and the urgent need for stricter regulations in the industry to prevent similar incidents from happening.

SCAM ALERT: Arkansas State Police warn of Concealed Handgun Carry License scam

admin12 months ago02 mins

The Arkansas State Police (ASP) have issued a warning to residents about a Concealed Handgun Carry License (CHCL) scam targeting individuals through fraudulent text messages and phishing links. Recipients are urged to verify any messages claiming their CHCL is expiring before taking any action, as these messages are part of a mass phishing campaign. If you believe you have been a victim of this scam, it is important to report it immediately to the authorities for further investigation and assistance in combating these malicious activities.

North Little Rock woman loses 000 in online scam

admin12 months ago02 mins

A North Little Rock woman has fallen victim to an online scam, losing a staggering ,000 in the process. The scheme involved convincing her to withdraw the substantial amount in cash from her bank, sparking concern among officials. This incident is just one of many fraud cases plaguing Arkansas, with losses reaching nearly million since 2020. The stories of deception serve as a stark reminder to always verify information before transferring money and to be wary of suspicious requests.