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.

DOJ Seizes $24M In Crypto As Part Of Brazilian Internet Fraud Probe

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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Bitcoin Daily: US Prosecutors Seek Prison Time In ICO Fraud Case; Judge Orders Telegram To Pay $625K To Crypto Firm For Legal Fees
Bitcoin Daily: US Prosecutors Seek Prison Time In ICO Fraud Case; Judge Orders Telegram To...
November 04, 2020  |  Bitcoin

American prosecutors want prison time for a co-founder of Centra Tech, an entity that had received endorsements from well-known people for a 2017 initial coin...

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Today In Payments: Scammers Target Used Car Buyers; California Voters Uphold Gig Worker Status
Today In Payments: Scammers Target Used Car Buyers; California Voters Uphold Gig Worker Status
November 04, 2020  |  News

In today’s top news, scammers are targeting used car buyers amid an uptick in digital sales, and California voters passed a proposition that upholds gig...

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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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