California
California man steals $50 million using fake investment sites, gets 7 years
A 59-year-old man from Irvine, California, was sentenced to 87 months in prison for his involvement in an investor fraud ring that stole $50 million between 2012 and October 2020. Allen Giltman and other fraudsters used over 150 fraudulent sites impersonating financial institutions that advertised various investment opportunities (primarily certificates of deposit with higher than […]
LA housing authority confirms breach claimed by Cactus ransomware
The Housing Authority of the City of Los Angeles (HACLA), one of the largest public housing authorities in the United States, confirmed that a cyberattack hit its IT network after recent breach claims from the Cactus ransomware gang. HACLA provides affordable public housing and assistance programs to low-income families, children, and seniors in Los Angeles, […]