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.

SEC Alleges Georgia-Based First Liberty Building & Loan Operated Ponzi Scheme
SEC Alleges Georgia-Based First Liberty Building & Loan Operated Ponzi Scheme
July 11, 2025  |  Security & Fraud

The Securities and Exchange Commission (SEC) said Friday (July 11) that it filed charges against Newnan, Georgia-based First Liberty Building & Loan and its founder...

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CFOs Face Pressure to ‘Slow Down to Speed Up’ Payments
CFOs Face Pressure to ‘Slow Down to Speed Up’ Payments
July 11, 2025  |  B2B Payments

Watch more: CFOs Face Mounting Pressure to Secure Faster B2B Payment Rails Get the Full Story Complete the form to unlock this article and enjoy...

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UK Watchdog Shutters 1,600 Unlawful Financial Services Websites
UK Watchdog Shutters 1,600 Unlawful Financial Services Websites
July 10, 2025  |  Regulation

The United Kingdom’s Financial Conduct Authority shuttered over 1,600 websites last year suspected of promoting financial services without permission. Get the Full Story Complete the...

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FCA Fines Monzo $28.5 Million for Accepting ‘Implausible’ Customer Info
FCA Fines Monzo $28.5 Million for Accepting ‘Implausible’ Customer Info
July 08, 2025  |  Regulation

Monzo, a digital bank in the United Kingdom, was fined 21,091,300 pounds (about $28.5 million) for deficient financial crime controls. Get the Full Story Complete...

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Multibillion-Dollar Crypto Scams Reveal Hard Lessons for Global Businesses
Multibillion-Dollar Crypto Scams Reveal Hard Lessons for Global Businesses
July 07, 2025  |  Cryptocurrency

When bitcoin first appeared in 2009, it was heralded as a decentralized, peer-to-peer alternative to traditional finance. Get the Full Story Complete the form to...

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Data Takes Fraud Spotlight as Banks Shift to Real-Time Operations
Data Takes Fraud Spotlight as Banks Shift to Real-Time Operations
July 07, 2025  |  Artificial Intelligence

Watch more: AI Takes Command in Finance as Banks Shift to Real-Time Operations Get the Full Story Complete the form to unlock this article and...

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Payment Hubs Rescue Banks From $100 Million Digital Payments Chaos
Payment Hubs Rescue Banks From $100 Million Digital Payments Chaos
July 03, 2025  |  Banking

The bar for payment experiences — and consumer expectations — has been raised by FinTechs and digital-first challengers, making frictionless transactions a staple of everyday...

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Standard Chartered Faces Lawsuit Related to Decade-Old 1MDB Scandal
Standard Chartered Faces Lawsuit Related to Decade-Old 1MDB Scandal
July 01, 2025  |  Legal

Standard Chartered is reportedly facing a lawsuit in Singapore filed by liquidators who are trying to recover money from Malaysia’s sovereign wealth fund, 1Malaysia Development...

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Mastercard Launches Program to Support Cybersecurity Startups
Mastercard Launches Program to Support Cybersecurity Startups
July 01, 2025  |  Mastercard

Mastercard has expanded its startup engagement program with a focus on cybersecurity. Get the Full Story Complete the form to unlock this article and enjoy...

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