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VTay Capital Enterprises LLC provides fraud prevention education and awareness to help individuals and organizations recognize fraud risk early and protect trust, finances, and decision-making.
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When Charity Becomes a Crime: What the Homelessness Fund Fraud Epidemic Teaches Every Organization
Imagine receiving millions of dollars to feed and house some of the most vulnerable people in your community — and spending it on a vacation home in Greece, designer clothes, and a $7 million mansion. That is not a hypothetical. That is exactly what federal prosecutors allege happened in Los Angeles. Alexander Soofer, the head of a charity called Abundant Blessings, has been charged with wire fraud after federal and state authorities accused him of pocketing more than $23 mil
vict9298
Mar 224 min read


Phone Fraud
Look out for phone scammers Unusual Caller ID Legitimate calls are most likely to display an official phone number or a known identifier. If it doesn't, be very cautious. Threats or Scare Tactics Scammers rely on a sense of urgency. They count on getting you to act before you think, usually by including a threat. If the caller pressures you into immediate action or threatens negative consequences, just hang up. Asking for Personal Information Never share sensitive infor
vict9298
Nov 15, 20251 min read


Text Fraud
Slow down, think before you react Strange Phone Numbers When you receive a text from a strange number, you should not reply to it and instead block the number. Acting too quickly when you receive a text message can result in unintentionally giving scammers access to your personal information. Urgent Requests Stop and take a breath. Scam tests try to create a sense of panic and confusion, such as threatening to suspend an account or use other high-pressure tactics. Persona
vict9298
Nov 15, 20251 min read


Email Fraud
Email scams account for 96% of all phishing attacks, making email the most popular tool for scammers. Unusual Email Address Be wary of any unexpected email from addresses that aren't like the ones that you typically receive. Fraudulent emails can appear very convincing, using official language and logos, and similar URLs. Always be alert. Scare Tactics Scammers use scare tactics, threats, high-pressure language such as urgent warnings of account closure or security breaches
vict9298
Nov 15, 20251 min read


Phone Scams
Look out for phone scammers Unusual Caller ID Legitimate calls are most likely to display an official phone number or a known identifier. If it doesn't, be very cautious. Threats or Scare Tactics Scammers rely on a sense of urgency. They count on getting you to act before you think, usually by including a threat. If the caller pressures you into immediate action or threatens negative consequences, just hang up. Asking for Personal Information Never share sensitive infor
vict9298
Nov 10, 20251 min read
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