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.

Fraudsters Shift Focus to Big-Ticket Real Estate Closing Scams

Fraudsters Shift Focus to Big-Ticket Real Estate Closing Scams
Fraudsters Shift Focus to Big-Ticket Real Estate Closing Scams
October 09, 2022  |  Security & Fraud

The Secret Service has been looking into identifying scammers moving millions of stolen dollars through banks around the New York tri-state area. Get the Full...

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What Are Cross-Chain Transactions and Why Are They Being Hacked?
What Are Cross-Chain Transactions and Why Are They Being Hacked?
October 07, 2022  |  Blockchain

With the cross-chain payments bridge of top global exchange Binance’s BNB Chain blockchain the victim of a $570 million cryptocurrency hack — the latest in...

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Binance Blockchain Back in Action Following $100M Cross-Chain Bridge Hack
Binance Blockchain Back in Action Following $100M Cross-Chain Bridge Hack
October 07, 2022  |  Security & Fraud

Cryptocurrency exchange Binance’s BNB Chain is back up and running following an estimated $100M cross-chain bridge hack that led to the illicit transfer of digital...

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‘Self-Service’ Dispute Management Saves Merchants Time, Money — and Keeps Consumers Happy
‘Self-Service’ Dispute Management Saves Merchants Time, Money — and Keeps Consumers Happy
October 07, 2022  |  Credit Cards

To err is human. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Visa: Card Present Fraud Soars as Consumers Return In-Store
Visa: Card Present Fraud Soars as Consumers Return In-Store
October 07, 2022  |  Security & Fraud

The great reopening is upon us. Life is returning to normal, in many parts of the world. Get the Full Story Complete the form to...

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Visa, MIT Reports: Card-Present Fraud Rising as In-Store Shopping Returns
Visa, MIT Reports: Card-Present Fraud Rising as In-Store Shopping Returns
October 06, 2022  |  Cybersecurity

As consumers have returned to shopping in physical stores, scammers have stepped up their use of card-present threats.  Get the Full Story Complete the form...

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LinkedIn Faces Flood of AI-Generated Fake Profiles
LinkedIn Faces Flood of AI-Generated Fake Profiles
October 05, 2022  |  Security & Fraud

Fake LinkedIn executive profiles are creating an issue for the business networking site, a report from KrebsOnSecurity said. Get the Full Story Complete the form...

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New FinCEN Transparency Rules Require Naming Beneficial Owners
New FinCEN Transparency Rules Require Naming Beneficial Owners
October 05, 2022  |  Regulation

In a bid to crack down on illicit finance, the Financial Crimes Enforcement Network (FinCEN) has issued a final rule creating a beneficial ownership information...

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Mastercard Partners With Ravelin to Drive Quick Commerce Fraud Reduction
Mastercard Partners With Ravelin to Drive Quick Commerce Fraud Reduction
October 05, 2022  |  Fraud Prevention

Fraud detection and prevention powered by machine learning (ML) platform Ravelin is partnering with global payments giant Mastercard to deliver an enhanced solution that integrates digital identity...

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