Is TheRealDeal the Real Deal?

New dark-web market is selling zero-day exploits to hackers

Wired

Hackers have for years bought and sold their secrets in a de facto gray market for zero-day exploits—intrusion techniques for which no software patch exists. Now a new marketplace hopes to formalize that digital arms trade in a setting where it could flourish: under the cover of the Dark Web’s anonymity protections.

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Midwifery Practice Chose Saving Money Over Patient Safety

Lawsuit accuses Indiana hospital, midwife network of fraud

USA Today

A federal whistleblower lawsuit claims IU Health and the state's largest midwifery practice bilked the government of millions of dollars and compromised patient safety by letting nurse midwives care for hundreds of high-risk, low-income pregnant women who should have been seen by doctors.

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Fraudulent Tenant Hounding

2 Brooklyn Landlords, accused of making units unlivable, are charged with fraud

The New York Times

In what prosecutors and New York City officials described as a particularly egregious example of tenant hounding, the owners, Joel and Aaron Israel, who are brothers, were arrested on Thursday on charges that they intentionally wrecked tenants’ apartments at 324 Central and other buildings to try to drive residents out and also lied to city officials about the work they were doing.

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Hard Fraud vs. Soft Fraud

Counting the cost of America’s insurance fraud epidemic

Property Casualty 360

For those who work in the insurance industry, there are so many tales relating to insurance fraud. From slip and falls to arson and murder for life insurance policies, there is no end to the creativity of fraudsters who cost American consumers upwards of $80 billion dollars per year. After narcotics trafficking, insurance fraud is the largest criminal enterprise in the United States. Not surprisingly, the two are often interrelated.

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Peer-to-Peer Finance Apps in the Palm of Your Hand

The Risky Boom In Carefree Social Payment Apps

NPR

Venmo, a peer-to-peer finance app, handled $906 million in transactions in the fourth quarter of 2014. While Venmo is growing in popularity, the company's reputation took a hit earlier this year when two high-profile fraud cases hit the news. The company was criticized for what was seen as a slow response to security flaws.

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