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.

PSCU Adds New Level to Fraud Services Tool

PSCU Adds New Level to Fraud Services Tool
PSCU Adds New Level to Fraud Services Tool
November 28, 2022  |  Cybersecurity

Payments credit union service organization (CUSO) PSCU is now offering its enhanced fraud services in two varieties — consulting and monitoring — to enable credit...

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UK Police See $1.5B Crypto Fraud ‘Epidemic’
UK Police See $1.5B Crypto Fraud ‘Epidemic’
November 28, 2022  |  Cryptocurrency

Cryptocurrency fraud rose by 32% in the U.K. over the last year, part of a larger fraud “epidemic” that began during the pandemic as people...

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US Banks Devising Plan to Reimburse Zelle Scam Victims
US Banks Devising Plan to Reimburse Zelle Scam Victims
November 28, 2022  |  Banking

Seven of America’s largest banks are reportedly working on a plan to reimburse victims of scams on their payment network Zelle amid calls for greater...

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Conflict of Interest Costs SBF His Lawyers
Conflict of Interest Costs SBF His Lawyers
November 23, 2022  |  Cryptocurrency

Add this to the list of troubles befalling FTX founder Sam Bankman-Fried this month: his law firm has reportedly stopped representing him due to an...

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Starling Bank Reminds Customers It Is Cracking Down on Crypto
Starling Bank Reminds Customers It Is Cracking Down on Crypto
November 23, 2022  |  Cryptocurrency

Months after announcing it would steer away from digital assets, United Kingdom neobank Starling Bank has increased its anti-cryptocurrency campaign. Get the Full Story Complete...

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SBF Blames ‘Oversight Failure’ in Apology to FTX ‘Family’
SBF Blames ‘Oversight Failure’ in Apology to FTX ‘Family’
November 23, 2022  |  Cryptocurrency

FTX founder Sam Bankman-Fried says his own lack of oversight helped lead to the demise of the company. Get the Full Story Complete the form...

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Impersonation Scams on the Rise Ahead of Holidays Prompting Response From Watchdogs
Impersonation Scams on the Rise Ahead of Holidays Prompting Response From Watchdogs
November 22, 2022  |  Cybersecurity

‘Tis the season to be … wary. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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‘Imposter Calls’ Top FTC Complaint List
‘Imposter Calls’ Top FTC Complaint List
November 22, 2022  |  Cybersecurity

You pick up the phone and hear a recorded message, purporting to be from the IRS. For a moment, you’re worried, but eventually, you think...

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