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.

Study Finds Payment Certainty Becomes the New Fraud Strategy

Study Finds Payment Certainty Becomes the New Fraud Strategy
Study Finds Payment Certainty Becomes the New Fraud Strategy
June 16, 2026  |  Fraud Prevention

Fraud prevention in B2B payments has long operated on a simple premise: if something went wrong, there would be time to fix it. That is...

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AI Scam Surge Prompts Google to File Lawsuit
AI Scam Surge Prompts Google to File Lawsuit
June 15, 2026  |  Fraud Prevention

Phishing texts that mimic a bank alert or a package delivery notice usually point to a fake website built to capture passwords and card numbers....

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FinCEN Pushes Banks to Share More Fraud Signals
FinCEN Pushes Banks to Share More Fraud Signals
June 15, 2026  |  Fraud Prevention

Fraud prevention has largely been treated as an institution-by-institution exercise. Banks built their own models, payment companies and vendors developed proprietary services and solutions. The...

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UK APP Fraud Jumps 19% as Scammers Abuse Online Platforms
UK APP Fraud Jumps 19% as Scammers Abuse Online Platforms
June 15, 2026  |  Cybersecurity

Authorized push payments (APP) fraud continues to bedevil the financial sector in the United Kingdom. That’s according to the 2026 edition of Annual Fraud Report...

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Fake Reddit Posts Are Hijacking What AI Tells You
Fake Reddit Posts Are Hijacking What AI Tells You
June 12, 2026  |  Artificial Intelligence

In late May, moderators of r/Biohackers, a Reddit community with roughly 830,000 members, restricted new standalone posts about peptides and hormone replacement therapy. The subject...

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AI Fraudsters Are Building the Perfect Fake Borrower
AI Fraudsters Are Building the Perfect Fake Borrower
June 10, 2026  |  Cybersecurity

Financial fraud today is no longer chaotic. It is being optimized by artificial intelligence. Across the lending industry, a new category of fraud is emerging...

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What Happens When the Customer You Rejected Was Real
What Happens When the Customer You Rejected Was Real
June 10, 2026  |  Digital Identity

Digital identity verification has long been measured primarily by one standard: how effectively it stops fraud. But new data suggests many organizations may be focusing...

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Sam Bankman-Fried Turns to Trump for Pardon After FTX Collapse
Sam Bankman-Fried Turns to Trump for Pardon After FTX Collapse
June 09, 2026  |  Cryptocurrency

Convicted cryptocurrency fraudster Sam Bankman-Fried is asking the White House for a post-prison pardon. The former FTX CEO is seeking a “Pardon after Completion of...

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