Administration Launches National Strategy for Trusted Identities in Cyberspace

-

U.S. Commerce Secretary Gary Locke was joined today at by Chair of the National Economic Council Gene Sperling and White House Cyber-security Coordinator Howard A. Schmidt to release the administration’s National Strategy for Trusted Identities in Cyberspace (NSTIC) – a White House initiative to improve online security, increase privacy and foster economic growth and innovation online. Hosted by the U.S. Chamber of Commerce, the event included a panel discussion with industry leaders and privacy advocates, as well as demonstrations of innovative smart technologies being developed to improve online authentication.

NSTIC is a key building block in the national effort to secure cyberspace. According to industry surveys, as many as eight million Americans are victims of online fraud and identity theft each year and lose an average of $631 out-of-pocket per incident. Through a private sector-led effort facilitated by the government, NSTIC aims to make online transactions more trustworthy and enhance consumers’ privacy, thereby giving businesses and consumers more confidence to conduct business online. The webcast will be available on-demand at a later date. | White House press release and fact sheet

Comments

Post a Comment

Popular posts from this blog

CARY BUNIN HAS BEEN INDICTED IN $3.5 MILLION SECURITIES FRAUD SCHEME

-
Manhattan District Attorney Cyrus R. Vance, Jr., today announced the indictment of CARY BUNIN, 69, for a securities fraud scheme that resulted in the theft of more than $3.5 million from at least 16 victims. BUNIN is the Chief Executive Officer of INTERNATIONAL BARCODE CORPORATION, which also operates under the name of BTI. BUNIN and his corporation are charged in the indictment with Grand Larceny in the Second Degree, Scheme to Defraud in the First Degree, and violations of the Martin Act, New York State's securities fraud statute. BUNIN, along with his wholly-owned financial consulting company, ANDOVER CONSULTING SERVICES, LTD, were also indicted on charges of Offering a False Instrument for Filing in the First Degree and violating the New York State Tax code.[1]

“CARY BUNIN and his corporation are charged with stealing millions of dollars from trusting investors, fueling the type of widespread mistrust that adversely affects our financial markets,” said District Attorney Vance.…
Read more

Disability Doctor Peter J. Ajemian Sentenced In Manhattan Federal Court To Eight Years In Prison For His Role In LIRR Fraud Scheme

-
Preet Bharara, the United States Attorney for the Southern District of New York, announced today that PETER J. AJEMIAN, a Board-certified orthopedist, was sentenced today in Manhattan federal court to eight years in prison for his role in the alleged massive fraud scheme in which Long Island Railroad (“LIRR”) workers claimed to be disabled upon early retirement so that they could receive disability benefits to which they were not entitled. Between the late 1990s and 2008, AJEMIAN recommended that at least 734 retiring LIRR employees receive disability benefits, and was responsible for treating nearly half of all LIRR employees who retired and received disability benefits in one four-year period. AJEMIAN pled guilty in January 2013 to one count of conspiracy to commit mail fraud, wire fraud, and health care fraud, and one count of health care fraud before U.S. District Judge Victor Marrero, who also imposed today’s sentence.
Read more

Christopher B. Maselli Was Indicted in Schemes Netting $1.5 Million in Mortgages

-
PROVIDENCE, RI—A federal grand jury Thursday indicted a North Providence, Rhode Island real estate attorney on charges he falsified bank and federal tax documents, and lied about his income and assets, in obtaining more than $1.5 million in mortgages. U.S. Attorney Peter F. Neronha announced the seven-count indictment on bank fraud charges against Christopher B. Maselli.

Maselli, 38, whose law practice is located in North Providence, resides in Johnston, R.I.

According to the indictment, between December 2007 and March 2009, Maselli, a self-employed attorney, inflated his annual income dating back to 2005; lied about personal assets; and submitted phony and altered bank statements and IRS tax returns when applying for mortgages, a home improvement loan, and an auto loan. Maselli was approved for five mortgages on residential properties in Johnston and North Providence, and an auto loan, totaling approximately $1,525,027.50.
Read more