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.

FTX Founder: Filing for Bankruptcy Was Bad Move

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 >
Spend Management Headaches Push SaaS Firms to Automated Systems
Spend Management Headaches Push SaaS Firms to Automated Systems
November 17, 2022  |  Accounts Payable

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

READ MORE >
FTC Looks to Stop DK Automation Selling Alleged Fake Business Opportunities
FTC Looks to Stop DK Automation Selling Alleged Fake Business Opportunities
November 16, 2022  |  Cybersecurity

Saying they made false claims promising consumers a “passive income,” the Federal Trade Commission (FTC) has taken action against DK Automation and its owners Kevin...

READ MORE >
Australia Eyes Ban on Paying Ransoms to Hackers
Australia Eyes Ban on Paying Ransoms to Hackers
November 13, 2022  |  Cybersecurity

Australia could consider barring businesses from making ransomware payments to criminals, the country’s cyber security minister said Sunday (Nov. 13). Get the Full Story Complete...

READ MORE >
Report: Twitter Paused Blue Subscriptions to Halt Fraudulent Accounts
Report: Twitter Paused Blue Subscriptions to Halt Fraudulent Accounts
November 11, 2022  |  Subscriptions

After days of users taking advantage of the blue check of Twitter’s redesigned Blue subscription plan to impersonate people and companies, the social media platform...

READ MORE >
Instant and Automated Payments Make Tempting Targets for Fraud
Instant and Automated Payments Make Tempting Targets for Fraud
November 07, 2022  |  Cybersecurity

Faster B2B payments, back-office automation and alternative payments are all advancing rapidly, but these advances are creating new opportunities for fraudsters, so expect the innovation...

READ MORE >
DOJ Says Ex-MoviePass Execs Misled Investors
DOJ Says Ex-MoviePass Execs Misled Investors
November 06, 2022  |  Legal & Regulation

The U.S. Department of Justice has charged a pair of former MoviePass executives with fraud, saying they misled investors about the health of the subscription...

READ MORE >
Who’s a Friend and Who’s a Fraudster?
Who’s a Friend and Who’s a Fraudster?
November 05, 2022  |  Cybersecurity

We’ve got more ways to communicate than ever, and when people get chatty, talk often turns to stuff we want to buy. In some cases,...

READ MORE >