Fraud

Two Arkansas Men Found Guilty in Connection with Proposed Elm Springs Wind Farm

by Talk Business & Politics staff (staff2@talkbusiness.net)

A federal jury in Fayetteville has found two Arkansas men guilty of fraud and money laundering in connection with the development of a wind turbine that was never operational and a proposed wind farm project in Washington County that was never constructed. The convictions were detailed in a press release Friday (Sept. 3) from the U.S. Department of Justice.

According to court documents and evidence presented at trial, Jody Davis of Searcy and Phillip Ridings North Little Rock formed a limited liability company in Texas in 2014 called Dragonfly Industries International LLC. They also created an Arkansas LLC called Arkansas Wind Power (AWP). They told investors they planned to develop a revolutionary wind turbine design on a 311-acre wind farm proposed for construction in Elm Springs.

https://talkbusiness.net/2021/09/two-arkansas-men-found-guilty-in-connection-with-proposed-elm-springs-wind-farm/

Social Security and OIG Hold Annual ‘Slam the Scam’ Days

The Social Security Administration and the Office of the Inspector General (OIG) have once again joined forces to raise public awareness about Social Security imposter scams during the second annual ‘Slam the Scam’ Day on March 4. Social Security scams - in which fraudsters mislead victims into making cash or gift card payments to fix purported Social Security number problems or to avoid arrest - are the #1 type of government imposter fraud reported to the Federal Trade Commission and Social Security. The agency has made concerted efforts to address this issue, including partnering with other Federal and State agencies to identify and pursue scammers, increasing employee and public outreach and education, raising awareness through marketing in post offices nationwide, and maintaining a Social Security/OIG work group to maximize resources and ensure a cohesive response.

“I am deeply troubled that crooks are deceiving Americans and using fear tactics to trick people into providing personal information or money,” said Social Security Commissioner Andrew Saul. “I urge everyone to remain vigilant, hang up on these fraudsters, and go to oig.ssa.gov to report any attempted scam.”

Criminals are sophisticated and there are many variations of this fraud scheme. For example, scammers may call or email saying they are from Social Security and that the person’s Social Security number is suspended or was used in a crime. The caller identification may be spoofed to appear as a legitimate government number. They may text or email fake documents in attempts to coerce people to comply with their demands.

In recent twists, thieves even use real Social Security and OIG official’s names and send pictures of fabricated government ID badges. Social Security will never tell you that your Social Security number is suspended, contact you to demand an immediate payment, threaten you with arrest, ask for your credit or debit card numbers over the phone, ask for gift cards or cash, or promise a Social Security benefit approval or increase in exchange for information or money.

“We are working with the Department of Justice and law enforcement agencies across the United States to combat Social Security imposter scams—but our best weapon in this fight will always be awareness,” said Inspector General Gail S. Ennis. “I want to thank the many agencies and organizations that have joined us in our effort this year to alert Americans to hang up on suspicious calls, and talk to their family and friends about phone scams.”

Social Security employees do occasionally contact the public by telephone for business purposes. Ordinarily, the agency calls people who have recently applied for a Social Security benefit, someone who is already receiving payments and requires an update to their record, or a person who has requested a phone call from the agency. If there is a problem with a person’s Social Security number or record, Social Security will typically mail a letter.

For more information, please visit www.socialsecurity.gov/antifraudfacts/.

ATTORNEY GENERAL ALERT: Don’t Let Unemployment Fraud Trouble You this Tax Season

LITTLE ROCK – Tax season is upon us. This year, unfortunately, many Arkansans have the added stress of dealing with fraudulent unemployment compensation claims when filing their taxes. Victims of unemployment fraud may have income wrongfully reported in their name that could add to their tax burden. Many consumers have been rightfully concerned about the safety of their personal and financial information due to this type of fraud.

“Con artists who try to steal from taxpaying Arkansans will be caught,” said Attorney General Rutledge. “I will always hold these criminals accountable to the fullest extent of the law.”

Attorney General Rutledge offers the following tips for Arkansans filing their tax returns who have encountered unemployment fraud.

  • Be sure that you have contacted the Arkansas Department of Workforce Services’ fraud hotline at (501) 682-1058 or completed the secure fraud reporting form online at dws.arkansas.gov.

  • After filing the initial police report, send a copy to the Department of Workforce Services to stop the fraudulent income from being reported to the IRS.

  • Do not report the fraudulent earnings as your own or file an amended return.

  • Independently contact the Social Security Administration (SSA) to review your earnings for accuracy. This step could take several weeks for the SSA to update their records.

  • Review the IRS Guide to Employment-Related Identity Theft at www.irs.gov.

  • Additionally, consumers can also protect their identity and personal information by contacting the three credit bureaus.

For more information about unemployment fraud contact, the Attorney General’s Office at OAG@ArkansasAG.gov.