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.

Macy’s Cranking up RFID Use to Combat Organized Retail Crime
Macy’s Cranking up RFID Use to Combat Organized Retail Crime
February 09, 2022  |  Retail

Macy’s has cranked up its use of radio-frequency identification (RFID) technology to protect its assets as reports of high-profile retail thefts are increasing across the...

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Meta Files Lawsuit Over Financial Services Phishing Scam
Meta Files Lawsuit Over Financial Services Phishing Scam
February 08, 2022  |  Meta

Meta has teamed with a financial services company to file a joint lawsuit against two Nigerian individuals for engaging in fraudulent activity, according to a...

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Today in Food Commerce: Consumers Report Loyalty to eGrocers; Chipotle Enjoys Order-Ahead Strength
Today in Food Commerce: Consumers Report Loyalty to eGrocers; Chipotle Enjoys Order-Ahead Strength
February 08, 2022  |  Retail

Today in food commerce, PYMNTS research reveals that today’s grocery shoppers are more loyal to digital merchants than to brick-and-mortar, and Chipotle Mexican Grill continues...

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SpotOn CTO: Restaurants Must Perform ‘Daily Hygiene’ on QR Codes
SpotOn CTO: Restaurants Must Perform ‘Daily Hygiene’ on QR Codes
February 08, 2022  |  ResTech

With the rise of QR codes has come the rise of QR code fraud. Get the Full Story Complete the form to unlock this article...

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Two New Yorkers Arrested for Alleged Conspiracy to Launder $4.5B in Hacked Crypto
Two New Yorkers Arrested for Alleged Conspiracy to Launder $4.5B in Hacked Crypto
February 08, 2022  |  Security & Fraud

In what has been called the largest financial seizure in history, a New York couple was arrested in Manhattan for an alleged conspiracy to launder...

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Crypto Networks Connected to Increase in Reported Fraud
Crypto Networks Connected to Increase in Reported Fraud
February 08, 2022  |  Cryptocurrency

A federal law enforcement network has identified a surge of suspicious activity from San Francisco financial firms, including some of the world’s leading cryptocurrency trading...

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Secret Service: Home Depot Worker Swapped $388K Cash with Fake Bills
Secret Service: Home Depot Worker Swapped $388K Cash with Fake Bills
February 08, 2022  |  Security & Fraud

Home Depot worker Adrian Jean Pineda was nabbed by the Secret Service in Tempe, Arizona for allegedly stealing $387,500 in cash by replacing the real...

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Today in Crypto: Payments Platform Wirex Makes US Debut; Tesla Says It Held $2B in Bitcoin at End of ’21
Today in Crypto: Payments Platform Wirex Makes US Debut; Tesla Says It Held $2B in...
February 07, 2022  |  Cryptocurrency

North Korea has reportedly used stolen crypto funds to help fund its missile development program, according to a Reuters report Monday (Feb. 7), which cited...

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Digital Dollar’s Power Problem: What Happens When the Lights Go Out?
Digital Dollar’s Power Problem: What Happens When the Lights Go Out?
February 07, 2022  |  CBDC

One of the big promises of central bank digital currencies (CBDCs) is that they are usable anywhere paper currencies are accepted. That is to say,...

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