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.

Third-Party Seller Admits Fleecing Amazon Out of $1.3M
Third-Party Seller Admits Fleecing Amazon Out of $1.3M
March 22, 2022  |  Amazon

A third-party seller on Amazon could face up to 20 years in federal prison for fleecing the eCommerce giant out of more than $1.3 million,...

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Ex-Apple Employee Charged for Allegedly Defrauding iPhone Maker of $10M
Ex-Apple Employee Charged for Allegedly Defrauding iPhone Maker of $10M
March 20, 2022  |  Legal

U.S. prosecutors have charged a former Apple employee with defrauding the tech giant out of over $10 million over several schemes, Reuters says. Get the...

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Fake LinkedIn Accounts and ‘Job Fishing’ Fraud on Rise, Google Warns
Fake LinkedIn Accounts and ‘Job Fishing’ Fraud on Rise, Google Warns
March 18, 2022  |  Fraud Attack

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UK´s Online Safety Bill Comes With Possible Jail Time for Violators
UK´s Online Safety Bill Comes With Possible Jail Time for Violators
March 17, 2022  |  Regulation

The U.K. government will unveil on Thursday its long-awaited Online Safety Bill, which seeks to curb online harms by significantly increasing the responsibilities of Big...

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Report: Two-Thirds of Companies Were Fraud Victims in Last 12 Months
Report: Two-Thirds of Companies Were Fraud Victims in Last 12 Months
March 16, 2022  |  Fraud Attack

While companies and governments have spent billions to prevent fraud, cybercrime continues to plague businesses of every size. Get the Full Story Complete the form...

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FTC’s Complaint Against Payment Firm May Be Blueprint for CFPB  
FTC’s Complaint Against Payment Firm May Be Blueprint for CFPB  
March 16, 2022  |  CFPB

The Federal Trade Commission (FTC) announced on March 15 that it filed an administrative complaint against Electronic Payment Systems for allegedly opening credit card processing...

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German Court OKs Ernst & Young Class Action Case
German Court OKs Ernst & Young Class Action Case
March 15, 2022  |  Legal

A German court has opened class-action style legal proceedings against accounting firm Ernest & Young LLP (EY) to hear cases from investors in defunct payment...

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Wirecard Ex-Boss Markus Braun Charged with Fraud by German Prosecutors
Wirecard Ex-Boss Markus Braun Charged with Fraud by German Prosecutors
March 14, 2022  |  Security & Fraud

In custody since July 2020, the former CEO of Wirecard Markus Braun was by formally charged by Munich public prosecutors with fraud, breach of trust...

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New UK Provision to Hold Big Tech Responsible for Paid Ads From Fraudsters
New UK Provision to Hold Big Tech Responsible for Paid Ads From Fraudsters
March 10, 2022  |  Security & Fraud

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