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.

Bitcoin Daily: MercadoPago to Allow Bitcoin Buying, Selling in Brazil; UK Man Faces Extradition to US Over Crypto Scam

Bitcoin Daily: MercadoPago to Allow Bitcoin Buying, Selling in Brazil; UK Man Faces Extradition to US Over Crypto Scam
Bitcoin Daily: MercadoPago to Allow Bitcoin Buying, Selling in Brazil; UK Man Faces Extradition to...
November 23, 2021  |  Bitcoin

MercadoPago will soon let Brazilian customers buy, sell and hold bitcoin, Bitcoin Magazine reported. MercadoPago is the digital payments app of MercadoLibre. Get the Full...

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Malicious Shopping Bots Top the Naughty List for Holiday 2021 eCommerce
Malicious Shopping Bots Top the Naughty List for Holiday 2021 eCommerce
November 23, 2021  |  Retail

From the apocalyptic AI of Marvel’s Ultron to the time-traveling homicidal programming of “The Terminator,” we can all agree that movie robots are often creepy....

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Fraud Suit Verdict Undermines SEC Control of Cryptocurrencies
Fraud Suit Verdict Undermines SEC Control of Cryptocurrencies
November 23, 2021  |  Legal & Regulation

A lawsuit over an alleged crypto Ponzi scheme dating back to 2014 may have thrown a big wrench into the U.S. Securities and Exchange Commission’s...

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Merchants Lose 2% of Sales Every Year to Return and Promotion Policy Abuse
Merchants Lose 2% of Sales Every Year to Return and Promotion Policy Abuse
November 22, 2021  |  Retail

Policy abuse can cause retailers to lose more than 2% of their revenue each year, and yet only 46% of firms use internal technology to...

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AmEx Lured Business Customers with Fraudulent Sales Pitch
AmEx Lured Business Customers with Fraudulent Sales Pitch
November 22, 2021  |  Banking

American Express’ pitch to business customers that using an AmEx card to pay employees and suppliers turned out to be built on a flawed premise...

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As Platforms Wage War on Cybertheft, Crooks Turn to Low-Tech Shoplifting and Online Resale
As Platforms Wage War on Cybertheft, Crooks Turn to Low-Tech Shoplifting and Online Resale
November 22, 2021  |  Cybersecurity

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

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UK Payments Regulator to Require Repayment for Push Payment Fraud
UK Payments Regulator to Require Repayment for Push Payment Fraud
November 22, 2021  |  Cybersecurity

The U.K. Payments System Regulator (PSR) is requiring repayment to victims of authorized push payment (APP) fraud after more than 350 million pounds ($469 million)...

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Retailers Use AI to Build Trust in Secondhand Luxury, Sneaker Sales
Retailers Use AI to Build Trust in Secondhand Luxury, Sneaker Sales
November 22, 2021  |  Retail

There is nothing like searching online for a nice secondhand watch, handbag or pair of sneakers, only to have the item show up and turn...

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