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.

Hide And Seek: Geolocation Helps Uncover Fraudsters’ Identities
Hide And Seek: Geolocation Helps Uncover Fraudsters’ Identities
February 11, 2021  |  Security & Fraud

Fraudsters follow the money. Take, for example, the Super Bowl. About half of all Americans were expected to place some kind of wager on the...

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Bitcoin Daily: Blockchain Payment Platform Celo Raises $20 Million; Europol Arrests Eight Over Celeb SIM Swap Hack
Bitcoin Daily: Blockchain Payment Platform Celo Raises $20 Million; Europol Arrests Eight Over Celeb SIM...
February 10, 2021  |  Bitcoin

Open-source decentralized finance (DeFi) blockchain ecosystem Celo raised $20 million from partners including Andreessen Horowitz, Greenfield One and Electric Capital, according to a press release. This...

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Bitcoin Daily: Central Banks Should Ban Bitcoin, Former British MP Says; Women Arrested After Trying To Pay Murder-For-Hire Site In Bitcoin
Bitcoin Daily: Central Banks Should Ban Bitcoin, Former British MP Says; Women Arrested After Trying...
February 09, 2021  |  Bitcoin

Former British Parliament member Nick Boles called on central banks to ban bitcoin, in a tweet Tuesday (Feb. 9). Get the Full Story Complete the...

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UK May Make Corporate Directors Accountable For Accounting
UK May Make Corporate Directors Accountable For Accounting
February 07, 2021  |  B2B Payments

The U.K. is considering making corporate directors responsible for the accuracy of their companies’ financial statements, with an official proposal to that effect possible as...

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Tax Returns To Stolen ID Victims Show Massive Unemployment Fraud
Tax Returns To Stolen ID Victims Show Massive Unemployment Fraud
February 07, 2021  |  Security & Fraud

Tax forms states are sending people listed as having received unemployment benefits are likely to reveal to many addressees that their identities were used in...

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Bitcoin Daily: $90 Million Hedge Fund Founder Pleads Guilty To Fraud; India’s Exchanges Campaign Government To Regulate, Not Ban, Crypto
Bitcoin Daily: $90 Million Hedge Fund Founder Pleads Guilty To Fraud; India’s Exchanges Campaign Government...
February 07, 2021  |  Bitcoin

Protego Trust Bank N.A. was granted conditional approval for a national bank charter from the Office of the Comptroller of the Currency, the company announced...

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Florida Suspects Fraud Behind Spike In Unemployment Claims
Florida Suspects Fraud Behind Spike In Unemployment Claims
February 05, 2021  |  Security & Fraud

The Florida Department of Economic Opportunity (DEO) suspects that a recent spike in unemployment assistance claims in the state may be due to an uptick...

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Merchants Called To The Offensive In Battle Against Cyberfraud
Merchants Called To The Offensive In Battle Against Cyberfraud
February 05, 2021  |  Security & Fraud

By now, the surge in online shopping and the commensurate rise in cyberfraud over the past year are well-established themes. But what many people don’t...

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US Charges CEO Of GBC Capital In $1.8 Billion Ponzi-Like Fraud
US Charges CEO Of GBC Capital In $1.8 Billion Ponzi-Like Fraud
February 04, 2021  |  Security & Fraud

Federal prosecutors in New York announced Thursday (Feb. 4) in a press release the indictment of three people linked to private equity firm GPB Capital...

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