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.

ACI Worldwide Teams With NTT to Promote LatAm/EU eCommerce

ACI Worldwide Teams With NTT to Promote LatAm/EU eCommerce
ACI Worldwide Teams With NTT to Promote LatAm/EU eCommerce
November 21, 2022  |  eCommerce

Payments software provider ACI Worldwide and technology company NTT Data have joined forces to offer expanded eCommerce services to merchants in Latin America and Europe....

READ MORE >
FBI Charges Investment Manager in $10M Crypto Ponzi Scheme
FBI Charges Investment Manager in $10M Crypto Ponzi Scheme
November 20, 2022  |  Cybersecurity

Federal authorities have charged an Ohio man with taking part in a fraudulent cryptocurrency investment scheme that raised at least $10 million from investors. Get...

READ MORE >
Elizabeth Holmes Sentenced to 11+ Years in Prison for Defrauding Investors
Elizabeth Holmes Sentenced to 11+ Years in Prison for Defrauding Investors
November 18, 2022  |  Cryptocurrency

Elizabeth Holmes, one of Silicon Valley’s most celebrated and subsequently vilified startup founders, has been sentenced to 135 months, or more than 11 years, in...

READ MORE >
Is Higher Fraud Risk an Unintended Consequence of Fed’s New Debit Routing Rule?
Is Higher Fraud Risk an Unintended Consequence of Fed’s New Debit Routing Rule?
November 18, 2022  |  Fraud Prevention

Last month, the Fed said it was officially ending debit network exclusivity across all channels. Beginning in 2023, all debit card issuers must enable merchants...

READ MORE >
SBF’s ‘Big Dumb Game’ Leaves ‘Worse than Enron’ Cleanup For CEO
SBF’s ‘Big Dumb Game’ Leaves ‘Worse than Enron’ Cleanup For CEO
November 17, 2022  |  Cryptocurrency

By most accounts, Sam Bankman-Fried (SBF), the ex-CEO of what only weeks ago was the third largest crypto exchange in the world, has precipitated a...

READ MORE >
Demand for Brand Authenticators Rises Amid Growing Threat of Counterfeits
Demand for Brand Authenticators Rises Amid Growing Threat of Counterfeits
November 17, 2022  |  Retail

Recalling then-candidate Joe Biden’s 2019 advice that out-of-work coal miners should learn to code, now-unemployed coders may want to check job listings for “Luxury Procurement...

READ MORE >
Congressional Committees Say ID.me Provided Inaccurate Info About Fraud
Congressional Committees Say ID.me Provided Inaccurate Info About Fraud
November 17, 2022  |  Biometrics

While apparently attempting to promote the need for its identity verification services, facial recognition company ID.me overstated the amount of fraud around pandemic-related federal funds...

READ MORE >
FTX Founder: Filing for Bankruptcy Was Bad Move
FTX Founder: Filing for Bankruptcy Was Bad Move
November 17, 2022  |  Cryptocurrency

The founder of fallen cryptocurrency giant FTX says his company’s decision last week to declare bankruptcy was a mistake. Get the Full Story Complete the...

READ MORE >