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.

Florida Suspects Fraud Behind Spike In Unemployment Claims

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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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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