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.

IRS Issues Guidance For Pandemic Identify Theft Victims
IRS Issues Guidance For Pandemic Identify Theft Victims
February 21, 2021  |  Security & Fraud

The IRS has recommendations for taxpayers whose identities were stolen by fraudsters claiming unemployment benefits in other peoples’ names during the pandemic. Get the Full...

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Today In Payments: J.P. Morgan Says Bitcoin Escalation Not Sustainable; UK Uber Drivers Are Entitled To Benefits, PTO
Today In Payments: J.P. Morgan Says Bitcoin Escalation Not Sustainable; UK Uber Drivers Are Entitled...
February 19, 2021  |  News

In today’s top news, J.P. Morgan analysts say bitcoin’s price escalations do not represent a sustainable investment, and a ruling says Uber must treat its...

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Bitcoin Daily: Social Shopping Platform Personas Adds Bitcoin Payment Option; Hackers Demand $20 Million In Bitcoin From Kia Motors
Bitcoin Daily: Social Shopping Platform Personas Adds Bitcoin Payment Option; Hackers Demand $20 Million In...
February 18, 2021  |  Bitcoin

Social shopping platform Personas Social has rolled out a bitcoin payment system, according to a press release. The company will now accept bitcoin payments for...

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How Bitstamp Balances AML Efforts With Crypto Traders’ Privacy Concerns
How Bitstamp Balances AML Efforts With Crypto Traders’ Privacy Concerns
February 18, 2021  |  AML

The need to stay compliant while respecting user privacy concerns has forced cryptocurrency exchanges to rethink their approach to KYC. In this month’s AML/KYC Tracker,...

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Bitcoin Daily: Crypto Platform Coinseed Sued For Defrauding Investors; Coinbase Adds Former Stripe Exec To Team
Bitcoin Daily: Crypto Platform Coinseed Sued For Defrauding Investors; Coinbase Adds Former Stripe Exec To...
February 17, 2021  |  Bitcoin

New York’s attorney general sued crypto platform Coinseed Wednesday (Feb. 17), accusing it of defrauding thousands of investors out of over $1 million, Reuters reported....

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DOJ Charges North Korean Hackers With $1.3 Billion Crypto, Cash Theft
DOJ Charges North Korean Hackers With $1.3 Billion Crypto, Cash Theft
February 17, 2021  |  Security & Fraud

A national cybersecurity investigation lasting more than two years culminated in charges being levied against alleged hackers from North Korea, the U.S. Department of Justice...

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Debit Rails: Automatic Debit Payments Power Utility Provider Cash Flow
Debit Rails: Automatic Debit Payments Power Utility Provider Cash Flow
February 17, 2021  |  Next-Gen Debit

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Report: Crypto Exchanges Thread The Needle Between Compliance And Privacy
Report: Crypto Exchanges Thread The Needle Between Compliance And Privacy
February 17, 2021  |  AML

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Merchants Aim To Battle Back Chargebacks Amid Digital Commerce Surge
Merchants Aim To Battle Back Chargebacks Amid Digital Commerce Surge
February 16, 2021  |  Security & Fraud

One of the more unfortunate consequences of the great digital shift for merchants — particularly small ones — has been a surge in fraud and...

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