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.

Crypto Industry Icing Out Scammers as Fundraising for Ukraine Soars

Crypto Industry Icing Out Scammers as Fundraising for Ukraine Soars
Crypto Industry Icing Out Scammers as Fundraising for Ukraine Soars
April 01, 2022  |  Cryptocurrency

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19% of Merchants Rely on Multiple Verification Methods to Vet New Business Partners 
19% of Merchants Rely on Multiple Verification Methods to Vet New Business Partners 
April 01, 2022  |  B2B Payments

Businesses rely on a variety of methods for partner validation. In fact, when 150 executives were asked which of 12 verification methods was most important,...

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Today in Data: Fake It ’Til You Hack It
Today in Data: Fake It ’Til You Hack It
March 31, 2022  |  Today In Data

Today in Data, the Axie Infinity game was hacked for $540 million in cryptocurrency. Plus, healthcare data breaches fall for the third consecutive month and...

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Apple, Meta Provided Hackers With Customer Data Under Fraudulent Requests
Apple, Meta Provided Hackers With Customer Data Under Fraudulent Requests
March 30, 2022  |  Security & Fraud

Meta and Apple reportedly provided customer data to hackers masquerading as law enforcement, Bloomberg reported Wednesday (March 30). Get the Full Story Complete the form...

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Money Laundering Crimes Surge Along With DOJ Arrests as 7 Plead Guilty
Money Laundering Crimes Surge Along With DOJ Arrests as 7 Plead Guilty
March 30, 2022  |  Security & Fraud

Over $2 trillion in illegally gained funds are reprocessed in the global economy as being legit despite the best efforts of financial institutions, new legislation...

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Hackers Use Fake Emergency Data Requests to Get Customer Info
Hackers Use Fake Emergency Data Requests to Get Customer Info
March 30, 2022  |  Security & Fraud

Hackers are using email accounts and websites associated with police departments and other government agencies to send unauthorized demands for healthcare patient data, saying the...

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Fake Social Profiles Blur Line Between Scamming, Legitimate Marketing
Fake Social Profiles Blur Line Between Scamming, Legitimate Marketing
March 30, 2022  |  Security & Fraud

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FinCEN Data Shows Increase in Identity-Related Filings, Stressing Importance of KYC Programs
FinCEN Data Shows Increase in Identity-Related Filings, Stressing Importance of KYC Programs
March 30, 2022  |  Security & Fraud

The Financial Crimes Enforcement Network (FinCEN) published Monday (March 28) its Suspicious Activity Report (SAR) data for 2021. Get the Full Story Complete the form...

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In Bid to Raise the Checkout Bar, PayPal Urges Industry to Boost Authorizations
In Bid to Raise the Checkout Bar, PayPal Urges Industry to Boost Authorizations
March 30, 2022  |  Digital Payments

Declines are deadly during this critical phase of eCommerce growth, which is placing authorization optimization and authorization rates at the center of payments planning in...

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