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.

NYC Party Planner Charged in $2.3M Bitcoin Laundering Case
NYC Party Planner Charged in $2.3M Bitcoin Laundering Case
March 25, 2022  |  Security & Fraud

Prosecutors in Manhattan have accused a former party producer of using bitcoin to launder millions in for a “rolodex of crooks” around the world. Get...

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PYMNTS Intelligence: How Digital Identity Can Reduce Money Laundering and Improve AML Compliance
PYMNTS Intelligence: How Digital Identity Can Reduce Money Laundering and Improve AML Compliance
March 25, 2022  |  Authentication

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Four Indicted by DOJ in $16M Fake Investment Ruse
Four Indicted by DOJ in $16M Fake Investment Ruse
March 24, 2022  |  Security & Fraud

Four men were indicted for allegedly engaging in a $16 million wire fraud and money laundering operation connected to their investment firm, which involved fake...

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2 Plead Guilty, 17 Charged in US Rideshare, Delivery Fraud Racket
2 Plead Guilty, 17 Charged in US Rideshare, Delivery Fraud Racket
March 24, 2022  |  Security & Fraud

Two Brazilian nationals — one residing in Lowell, Massachusetts and another in Daly City, California — pleaded guilty to conspiracy to commit wire fraud and...

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Today in B2B: Virtual Cards Help Digitize Spend Management; Fraud Detection Becomes More Prevalent in Digital Payments
Today in B2B: Virtual Cards Help Digitize Spend Management; Fraud Detection Becomes More Prevalent in...
March 23, 2022  |  B2B Payments

Today in B2B payments, spend management jumps into the digital age with virtual cards, while three out of five companies build fraud detection into their...

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59% of Companies Build Fraud Detection Into Digital Payments Processes
59% of Companies Build Fraud Detection Into Digital Payments Processes
March 23, 2022  |  B2B Payments

When making the transition to digital payments, most companies also add systems for detecting fraud to the mix. Get the Full Story Complete the form...

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5 Takeaways on Pandemic Fraud From the FBI 2021 Internet Crimes Report
5 Takeaways on Pandemic Fraud From the FBI 2021 Internet Crimes Report
March 23, 2022  |  Security & Fraud

SIM swaps, employment schemes, business email compromise, tech support fakes, auction fraud, romance scams — fraud comes in many forms, and 2021 was a banner...

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Today in Data: The Escalating Importance of Cybersecurity
Today in Data: The Escalating Importance of Cybersecurity
March 23, 2022  |  Today In Data

Today in Data, the price of cyber insurance — like most everything these days — is on the rise. Plus, the American Hospital Association is...

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Agency Warns of Increased Cyberattacks on Healthcare Targets
Agency Warns of Increased Cyberattacks on Healthcare Targets
March 22, 2022  |  Cybersecurity

Cyber warriors in healthcare are on high alert as Russia’s invasion of Ukraine marks 2022 as a year of increased threat following a record number...

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