MARYLAND NEWS

Florida ranks as the No. 1 state for financial fraud perpetrated on consumers, according to a study from Feedzai, a financial risk management firm… After Florida, the riskiest states are New York, Maryland and Nevada, the study said. Source: The Street.com

Source: US Attorney, District of Maryland

The Office of the Attorney General, Securities Division, offers tips for investors. Source: Maryland Attorney General

Source: US Attorney, District of Maryland

The Defendants Allegedly Led Fraudulent Debt Elimination Classes Meant to Financially Defraud Victims and Obtain Their Personal Identifying Information. Source: US Attorney, District of Maryland

The Office of the Secretary of State registers and regulates charitable organizations that solicit contributions in Maryland. Visit the Secretary of State’s website for tips on how to safely donate to charities.Source: Maryland Secretary of State

The breach impacted more than 53 million individuals, including over 1 million Maryland residents. Among other categories of impacted information, millions had their names, dates of birth, Social Security Numbers, and driver’s license information compromised. Recently, a large subset of the information  compromised in the breach was for sale on the dark Web. Source: Maryland Attorney Generall

Up to $1.675 Billion in Additional Payments Secured After Dissenting States’ Challenge to $4.325 Billion Bankruptcy Plan; Sacklers to be Banned from Opioid Business...

Maryland will receive at least $39.6 million from the settlement, which will be in addition to the amount previously negotiated. The total amount Maryland expects to receive from Purdue and the Sacklers overall– an estimated $121.9 to $132.2 million – will be used for opioid treatment...Working with other states, Maryland commenced an investigation of Purdue and the Sackler family members in 2016 for their role in deceptively and unfairly marketing OxyContin and other opioids in violation of Maryland’s Consumer Protection Act. Source: Maryland Attorney General

“…(F)inancial fraud is growing rampant—evidenced by the billions of dollars fraudsters stole from Maryland’s unemployment system.  That’s why I have called for the establishment of a first-in-the-nation Center for Fraud Detection in state government, a dedicated state agency solely devoted to rooting out and preventing fraud in state agencies and working with law enforcement entities to bring financial criminals to justice.” Source: Maryland Comptroller in the Baltimore Sun.

A Florida man pleaded guilty in federal court in Maryland to obtaining tens of thousands of dollars in fraudulent unemployment funds using information from identity theft victims. Source: Maryland Daily Record