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.

Fraudsters Use Telegram To Execute Restaurant Scam

Fraudsters Use Telegram To Execute Restaurant Scam
Fraudsters Use Telegram To Execute Restaurant Scam
February 11, 2021  |  Security & Fraud

Digital trust and safety company Sift has discovered a new method of fraud in which scammers use the Telegram messaging technology to steal from eateries...

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Yellen Sounds Alarm On Crypto Fraud; Puts ID Verification In Spotlight
Yellen Sounds Alarm On Crypto Fraud; Puts ID Verification In Spotlight
February 11, 2021  |  Security & Fraud

Rampant cyberattacks. Crypto in the service of dark money. The risks of bad actors using digital means to steal and to sow carnage across the...

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Amazon, Salvatore Ferragamo Sue Alleged Counterfeiters In Joint Lawsuits
Amazon, Salvatore Ferragamo Sue Alleged Counterfeiters In Joint Lawsuits
February 11, 2021  |  Retail

Amazon and Salvatore Ferragamo S.p.A. jointly filed two lawsuits against four people and three entities for allegedly counterfeiting the latter company’s merchandise, according to a Thursday...

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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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