Seven out of every 10 people in a survey of more than 2,000 adults across the U.K. have experienced potential rip-offs online, according to new Competition and Markets Authority (CMA) research, which also notes 85% of survey respondents believed businesses were being dishonest with customers....
Meta is trying to stop fake luxury goods from circulating on its platforms, including big names from Gucci to Chanel, Reuters writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Amid the cryptocurrency surges, the wallets coupled and decoupled — in short, the digital revolution in financial services — it seems that the fraudsters would go all-in on high-tech schemes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In what has been called the largest financial seizure in history, a New York couple was arrested in Manhattan for an alleged conspiracy to launder $4.5 billion in stolen cryptocurrency, the U.S. Department of Justice (DOJ) announced Tuesday (Feb. 8). Get the Full Story Complete...
Home Depot worker Adrian Jean Pineda was nabbed by the Secret Service in Tempe, Arizona for allegedly stealing $387,500 in cash by replacing the real money with movie prop bills he ordered on Amazon. Get the Full Story Complete the form to unlock this article...
Google Cloud on Monday (Feb. 7) expanded its security platform to include detection for cryptocurrency mining in virtual machines, Google Cloud executive Sunil Potti told VentureBeat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Compared to other financial industries, the cryptocurrency market is disproportionately subject to fraud, with a net fraud rate of 7.4% last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Equifax has reached a settlement over its data breach, according to an update put out by the Federal Trade Commission (FTC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Welcome to PYMNTS’ series on crypto crime. In it, we’ll be looking at the crimes that have not only been committed in the cryptocurrency industry but have defined it — especially bitcoin — in many people’s minds. Get the Full Story Complete the form to...
