Criminals continue to advance the technology and tactics that allow them to steal personal information such as your bank account and card information. They have become savvy in financial crimes and law enforcement agencies are doing whatever they can to keep up. Enter ERAD and the sophisticated solutions developed to aid agencies in this battle....
The Elderly Population is Vulnerable to Financial Scams According to a survey from AARP, the advocacy group for older Americans, the latest percentage of gift card fraud against the elderly has increased 74% since the pandemic started. Perpetrators have preyed on them with two common scenarios. Gift card payment scams which happen when a criminal...
Steve Beckerman, Chief Operating Officer, ERAD Group contributed to an article in Police Chief Magazine. View the full article here. Financial crimes of fraud are rampant in the United States. Unfortunately, when talking about “financial crimes” in 2021, this no longer refers to just prepaid, debit, or credit card fraud. Cash seizures are down...
For 10 years ERAD has been helping law enforcement investigate cloned and fraudulent card cases more efficiently. The cloned card feature in the investigative platform can show the agent in real time what data is on the card, alerting them to a possible cloned card. ERAD makes the process of adding cloned cards to the platform easy. In just a few...
Dallas, TX., September 13, 2021 -- ERAD Group, Inc., a cloud-based technology solution for law enforcement and federal agencies to help identify and investigate payment-related financial crimes, announced today that they are entering into a strategic partnership with the Small & Rural Law Enforcement Executive Association. “We are dedicated...
ERAD is often an integral part of identifying financial fraud, freezing/seizing assets, and documenting information to support investigations. We have highlighted a recent case that may be of interest to you in which ERAD provided support to the DEA and helped them to forfeit over $900,000 in suspected laundered drug proceeds. A recent article in...