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.

Report: FTX Collapse Triggered 41% Spike in UK Crypto Fraud

Report: FTX Collapse Triggered 41% Spike in UK Crypto Fraud
Report: FTX Collapse Triggered 41% Spike in UK Crypto Fraud
May 30, 2023  |  Security & Fraud

The value of U.K. cryptocurrency fraud hit a record high following the collapse of FTX. Get the Full Story Complete the form to unlock this...

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Deepfakes Are Biggest AI-Related Threat, Says Microsoft President
Deepfakes Are Biggest AI-Related Threat, Says Microsoft President
May 25, 2023  |  artificial intelligence

The president of Microsoft says deepfakes are his biggest AI-related worry. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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64% of FIs Report Increases in Fraud Attacks on Credit and Debit Cards 
64% of FIs Report Increases in Fraud Attacks on Credit and Debit Cards 
May 25, 2023  |  Security & Fraud

The heated battle between fraudsters and financial institutions (FIs) got hotter during the pandemic-era run-up in eCommerce and the use of alternative payment methods. This...

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CFPB: Citizens Bank to Pay $9 Million Fine Over Credit Card Billing Errors
CFPB: Citizens Bank to Pay $9 Million Fine Over Credit Card Billing Errors
May 23, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) and Citizens Financial Group have reached a settlement on a CFPB complaint. Get the Full Story Complete the form to unlock this article...

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Stytch Launches Authentication Solution for B2B Products and Applications
Stytch Launches Authentication Solution for B2B Products and Applications
May 23, 2023  |  B2B Payments

Stytch has added B2B authentication to its platform that already provides B2C authentication. Get the Full Story Complete the form to unlock this article and...

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Half of Merchants Say Managing the Cost of Chargebacks Is Their Biggest Problem
Half of Merchants Say Managing the Cost of Chargebacks Is Their Biggest Problem
May 22, 2023  |  Fraud Prevention

When half of merchants report wrestling with their most costly and contentious problem, it demands attention. Chargebacks are just such an issue and one that...

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China Cracks Down on AI Amid Rise in Deepfake Scams
China Cracks Down on AI Amid Rise in Deepfake Scams
May 22, 2023  |  Security & Fraud

China has reportedly heightened scrutiny of “deepfake” tech amid a rise in artificial intelligence (AI)-driven fraud. Get the Full Story Complete the form to unlock...

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DOJ: Las Vegas Man Charged in $45 Million CoinDeal Scheme
DOJ: Las Vegas Man Charged in $45 Million CoinDeal Scheme
May 19, 2023  |  Security & Fraud

Another person has been charged for allegedly participating in the multimillion-dollar CoinDeal investment fraud scheme that was announced in January. Get the Full Story Complete...

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Unemployment Numbers Drop Sharply Following Fraudulent Claims
Unemployment Numbers Drop Sharply Following Fraudulent Claims
May 18, 2023  |  Economy

Unemployment claims plummeted following the revelation that fraudulent claims had driven up recent figures. Get the Full Story Complete the form to unlock this article and...

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