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.

FTC 2020 Data Shows Consumer Fraud Hit 2.2 Million
FTC 2020 Data Shows Consumer Fraud Hit 2.2 Million
February 04, 2021  |  Security & Fraud

The Federal Trade Commission (FTC) received more than 2.1 million fraud reports from consumers in 2020, according to new data released by the agency on...

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3DS2 Helps Merchants Shift Chargeback Liability
3DS2 Helps Merchants Shift Chargeback Liability
February 04, 2021  |  Security & Fraud

For merchants who until 2020 were mostly conducting business in the physical world, online fraud wasn’t a top-of-mind concern. Get the Full Story Complete the...

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Bitcoin Daily: Uphold Acquires Optimus Cards To Launch Crypto Debit Card; California Man Charged For Defrauding Victims Of $11.4 Million In Crypto Investor Schemes
Bitcoin Daily: Uphold Acquires Optimus Cards To Launch Crypto Debit Card; California Man Charged For...
February 03, 2021  |  Bitcoin

Digital money platform Uphold has acquired Optimus Cards UK, which works in debit and credit card issuing in the U.K. and Europe, according to a...

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FinCEN Warns Of Health Insurance And Healthcare Fraud Related To COVID-19
FinCEN Warns Of Health Insurance And Healthcare Fraud Related To COVID-19
February 03, 2021  |  Security & Fraud

The Financial Crimes Enforcement Center (FinCEN) has issued an advisory against new scams involving healthcare or health insurance during the pandemic. Get the Full Story...

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Pandemic Surge In Cyberattacks Pounds Hospitals
Pandemic Surge In Cyberattacks Pounds Hospitals
February 02, 2021  |  Security & Fraud

The COVID-19 pandemic and the development of vaccines to combat the coronavirus have triggered an increase in cyberattacks on hospitals and healthcare agencies — and...

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How QR Codes Hook Restaurant Customers For Repeat Visits
How QR Codes Hook Restaurant Customers For Repeat Visits
February 02, 2021  |  Consumer Payments

QR codes have become more commonplace than ever as the pandemic continues, with one study last year finding that roughly 11 million United States households...

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Bitcoin Daily: Ontario Man Pleads Guilty For Operating Unlicensed Crypto Exchange; Hashmasks Sells About $10 Million In Digital Collectible Art
Bitcoin Daily: Ontario Man Pleads Guilty For Operating Unlicensed Crypto Exchange; Hashmasks Sells About $10...
February 01, 2021  |  Bitcoin

A man has agreed to plead guilty to running an unlicensed company exchanging tens of millions of dollars in bitcoin or cash, a press release...

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Why The Data Breach Decline Is Bad News For Businesses
Why The Data Breach Decline Is Bad News For Businesses
February 01, 2021  |  B2B Payments

The Interstate Technology & Regulatory Council (ITRC) released new data on the state of cyberattacks and data breaches with some surprising news: data breaches were...

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Virginia Man Pleads Guilty To $2.5 Million PPP Swindle
Virginia Man Pleads Guilty To $2.5 Million PPP Swindle
January 31, 2021  |  Security & Fraud

A Leesburg, Virginia, man pleaded guilty to a federal bank fraud charge that he stole $2.5 million by obtaining Paycheck Protection Program (PPP) loans by...

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