fraud

Fraud is intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate civil law, a criminal law, or it may cause no loss of money, property or legal right but still be an element of another civil or criminal wrong.

DOJ: Bankman-Fried Can’t Use Anthropic Fundraising in Defense

DOJ: Bankman-Fried Can’t Use Anthropic Fundraising in Defense
DOJ: Bankman-Fried Can’t Use Anthropic Fundraising in Defense
October 09, 2023  |  Legal

When it collapsed, FTX had a $500 million stake in artificial intelligence (AI) firm Anthropic. Get the Full Story Complete the form to unlock this article and enjoy...

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This Week in AI: Deepfakes, Devices and Data Developments
This Week in AI: Deepfakes, Devices and Data Developments
October 06, 2023  |  Artificial Intelligence

It is almost generative artificial intelligence’s first birthday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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FTC Says Social Media Most Common Contact Method for Scams
FTC Says Social Media Most Common Contact Method for Scams
October 06, 2023  |  Security & Fraud

Reported losses from scams originating on social media have reached $2.7 billion since 2021. Get the Full Story Complete the form to unlock this article and enjoy...

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Lawmakers Raise Concerns Over Social Media’s Deepfake Problem
Lawmakers Raise Concerns Over Social Media’s Deepfake Problem
October 05, 2023  |  Security & Fraud

Generative artificial intelligence (AI) can digitally create nearly everything and anything. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Jury Selection Completed in Sam Bankman-Fried Trial
Jury Selection Completed in Sam Bankman-Fried Trial
October 04, 2023  |  Legal

Jury selection has been completed in the criminal fraud trial of Sam Bankman-Fried, the co-founder of FTX cryptocurrency exchange.  Get the Full Story Complete the...

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Banks Need to Be on the Cutting Edge of AI’s Double-Edged Fraud Sword
Banks Need to Be on the Cutting Edge of AI’s Double-Edged Fraud Sword
October 04, 2023  |  Artificial Intelligence

The greatest innovations are those that democratize access to new skills and empower populations. Get the Full Story Complete the form to unlock this article...

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Bankman-Fried’s Defense Seeks to Block Prosecutors From Calling FTX Witnesses
Bankman-Fried’s Defense Seeks to Block Prosecutors From Calling FTX Witnesses
October 03, 2023  |  Legal

The criminal trial of FTX founder Sam Bankman-Fried started Tuesday (Oct. 3). Get the Full Story Complete the form to unlock this article and enjoy...

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Form3: AI and Risk Scoring Help Stop Push Payment Fraud ‘in Its Tracks’
Form3: AI and Risk Scoring Help Stop Push Payment Fraud ‘in Its Tracks’
October 03, 2023  |  Security & Fraud

With the Sibos 2023 financial services conference in the rearview mirror, central bank digital currencies (CBDCs) and blockchain in active discussion, and the FedNow® Service...

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WorkFusion Unveils AI-Powered Transaction Monitoring Investigator
WorkFusion Unveils AI-Powered Transaction Monitoring Investigator
October 02, 2023  |  AML

WorkFusion has unveiled a new AI Transaction Monitoring Investigator designed to automate the review of first-level (L1) transaction monitoring alerts.  Get the Full Story Complete...

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