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.

Almost $1B in Bitcoin Transferred From eWallet Linked To Dark Web’s Silk Road
Almost $1B in Bitcoin Transferred From eWallet Linked To Dark Web’s Silk Road
November 04, 2020  |  Security & Fraud

A huge bitcoin amount — nearly $1 billion — has been moved out of a bitcoin address that may have ties to the Silk Road...

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Combatting The Two-Sided Headache Of Invoice Fraud
Combatting The Two-Sided Headache Of Invoice Fraud
November 04, 2020  |  B2B Payments

Even with the digitization of the invoice, fraud remains a rampant problem, and it’s not only the buy-side of the B2B equation faced with the...

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Scammers Take Used Car Buyers For A Ride Amid Pandemic
Scammers Take Used Car Buyers For A Ride Amid Pandemic
November 04, 2020  |  Security & Fraud

Scammers are preying on used car buyers as demand surges for pre-owned vehicles amid the COVID-19 pandemic, according to a CBS report on Wednesday (Nov....

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Cybercrime Botnet Chief Ordered To Prison In $100M Scheme
Cybercrime Botnet Chief Ordered To Prison In $100M Scheme
November 03, 2020  |  Security & Fraud

A Russian cybercriminal was sentenced to eight years in prison for his role in a sophisticated Botnet conspiracy that caused estimated losses totaling more than...

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eSkimming Is Back, And Fraud Fighters Are Onto It
eSkimming Is Back, And Fraud Fighters Are Onto It
November 03, 2020  |  Security & Fraud

The classics never get old, and that includes cybertheft oldies like eSkimming. Get the Full Story Complete the form to unlock this article and enjoy...

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Trulioo: Dramatic Fraud Spike Threatens Secure Digital Future
Trulioo: Dramatic Fraud Spike Threatens Secure Digital Future
November 03, 2020  |  Security & Fraud

A massive spike in fraud of all kinds has taken businesses by surprise and left them scrambling for solutions, Trulioo Chief Operating Officer Zac Cohen told...

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SEC Chair Warns Of Increasing Cyberattacks Against Companies
SEC Chair Warns Of Increasing Cyberattacks Against Companies
November 02, 2020  |  Security & Fraud

Securities and Exchange Commission (SEC) Chairman Jay Clayton said corporate America needs to be more proactive about cybersecurity, warning that the threat of cyberattacks will...

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Refinitiv Acquires GIACT To Build End-to-End Fraud And Risk Platform
Refinitiv Acquires GIACT To Build End-to-End Fraud And Risk Platform
November 02, 2020  |  Partnerships / Acquisitions

The digital conversion of financial services was already well underway before COVID-19, but the pandemic and the physical world’s resultant shutdown pushed it into overdrive...

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Deep Dive: Responding To The Rising Threat Of eSkimming
Deep Dive: Responding To The Rising Threat Of eSkimming
November 02, 2020  |  Next-Gen Debit

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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