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.

PSCU Unveils Enhanced Fraud Services To Help Protect Credit Unions
PSCU Unveils Enhanced Fraud Services To Help Protect Credit Unions
November 10, 2020  |  Security & Fraud

PSCU, which is billed as the nation’s premier payments credit union service organization (CUSO), has announced its new Enhanced Fraud Services system, which the company...

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Bitcoin Daily: Crypto Investors See Fed’s Call For Stimulus As Reason To Buy Bitcoin; Fraud Loss Prompts Crypto Lender Cred To File Chapter 11
Bitcoin Daily: Crypto Investors See Fed’s Call For Stimulus As Reason To Buy Bitcoin; Fraud...
November 08, 2020  |  Bitcoin

Dubai International Finance Centre (DIFC) has announced that Ripple has set up its new headquarters in the Centre, a press release says. Get the Full...

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Two Philippine Businesses Under Scrutiny For Potential Wirecard Links
Two Philippine Businesses Under Scrutiny For Potential Wirecard Links
November 08, 2020  |  Security & Fraud

Authorities in the Philippines are probing a law office and tour operator for potential connections to Wirecard, the payments provider disgraced after a global scandal,...

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Hundreds Of Probes Into PPP Loan Fraud Have Been Opened
Hundreds Of Probes Into PPP Loan Fraud Have Been Opened
November 08, 2020  |  Security & Fraud

The federal Paycheck Protection Program (PPP) designed to blunt the economic impact of the pandemic is beset by extensive instances of fraud, The Wall Street...

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COVID Scams Prompt Europe To Press For Data Sharing
COVID Scams Prompt Europe To Press For Data Sharing
November 06, 2020  |  Security & Fraud

The escalating COVID-19 pandemic and the ensuing second lockdown in Europe have prompted lawmakers to press for eCommerce platforms and other media to share data,...

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European Commission Meets With Amazon, Facebook, Google, Microsoft And Alibaba In Crackdown On COVID-19 Scams
European Commission Meets With Amazon, Facebook, Google, Microsoft And Alibaba In Crackdown On COVID-19 Scams
November 06, 2020  |  Coronavirus

The European Commission is ramping up its campaign against scams touting phony COVID-19 cures and treatments as the continent grapples with another wave of infections...

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Data Can Fight Fraud And Remove Friction For Holiday Season
Data Can Fight Fraud And Remove Friction For Holiday Season
November 06, 2020  |  Retail

The 2020 holiday shopping season will be different from any that have come before it, and much of the difference will revolve around digital capabilities....

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UK Banks Nix $1.3B In Fraudulent ‘Bounce-Back’ Loans
UK Banks Nix $1.3B In Fraudulent ‘Bounce-Back’ Loans
November 05, 2020  |  Security & Fraud

The United Kingdom’s version of the Paycheck Protection Program is also getting hit up by fraudsters, though British bankers appear to be a step ahead...

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DOJ Seizes $24M In Crypto As Part Of Brazilian Internet Fraud Probe
DOJ Seizes $24M In Crypto As Part Of Brazilian Internet Fraud Probe
November 04, 2020  |  Security & Fraud

The Department of Justice (DOJ) has seized $24 million in virtual currency on behalf of the Brazilian government, according to a press release. Get the...

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