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.

Credit Suisse Woes Reveal Gaps in Banks’ AML Defenses

Credit Suisse Woes Reveal Gaps in Banks’ AML Defenses
Credit Suisse Woes Reveal Gaps in Banks’ AML Defenses
February 17, 2022  |  AML

A recent spate of high-profile money laundering cases involving big banks in Europe has shone a spotlight on just how thieves are making off with...

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NFT Chargeback Exclusion Points to Growing Concerns Over Fraud
NFT Chargeback Exclusion Points to Growing Concerns Over Fraud
February 16, 2022  |  Security & Fraud

Hermès Birkin bags start at $12,000 and stretch into the stratospheric from there. In December, an artist sold a nonfungible token (NFT) featuring an image...

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Behavioral Analytics Turn the Tables on Fake Accounts
Behavioral Analytics Turn the Tables on Fake Accounts
February 16, 2022  |  Digital Identity

You would think that decades into life lived online, we would have figured out an easier, more accurate way to authenticate someone. Get the Full...

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56% of Businesses Are Concerned About Cross-Border Payments Fraud
56% of Businesses Are Concerned About Cross-Border Payments Fraud
February 15, 2022  |  B2B Payments

In the global marketplace, successful payments decision makers have learned to connect the dots between optimizing their enterprise’s resources and ensuring that consumer and B2B...

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Judge Orders Man Detained Until Trial in NY Crypto Laundering Case
Judge Orders Man Detained Until Trial in NY Crypto Laundering Case
February 14, 2022  |  Legal

A federal judge, Chief U.S. District Judge Beryl Howell, has ordered the pretrial detention for a defendant, Ilya Lichtenstein, arrested on conspiring to launder billions...

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Colorado Eyes Requiring Personal Data for Third-Party Sellers to Curb Fraud
Colorado Eyes Requiring Personal Data for Third-Party Sellers to Curb Fraud
February 14, 2022  |  Security & Fraud

Online shoppers are likely to find ‘mystery packages’ on Facebook Marketplace that are actually situations where the shopper pays for a box of unknown goods...

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UK Tax Case Marks First Ever NFT Seizure
UK Tax Case Marks First Ever NFT Seizure
February 14, 2022  |  NFTs

In what is believed to be the first such action by British law enforcement, the U.K.’s tax watchdog has seized three non-fungible tokens (NFTs). Get...

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Telehealth Growth Raises Data, Digital Identity Concerns
Telehealth Growth Raises Data, Digital Identity Concerns
February 14, 2022  |  Healthcare

The pandemic has exposed a lot of weak links in healthcare, and identity is a big one. Healthcare providers float on oceans of sensitive patient...

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eMarketplace Cent Stops Selling Most NFTs Due to Fraud
eMarketplace Cent Stops Selling Most NFTs Due to Fraud
February 13, 2022  |  NFTs

Cent, a platform for selling non-fungible tokens (NFTs), has suspended a majority of its transactions because people have been selling content that isn’t theirs, Reuters...

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