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.

FTC Warns Taxpayers About Stimulus Fraud
FTC Warns Taxpayers About Stimulus Fraud
August 11, 2020  |  Security & Fraud

Congress has yet to agree on the next round of stimulus funding, but the Federal Trade Commission (FTC) is already warning the public to beware....

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Report: Address Verification APIs Fix eTailers’ Last-Mile Problem
Report: Address Verification APIs Fix eTailers’ Last-Mile Problem
August 11, 2020  |  Digital Onboarding

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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Bitcoin Daily: India Sees Rise In Fake Crypto Wallet Scams; Crypto Exchanges Vulnerable In How They Hold User Funds
Bitcoin Daily: India Sees Rise In Fake Crypto Wallet Scams; Crypto Exchanges Vulnerable In How...
August 10, 2020  |  Bitcoin

A number of wealthy Indian business owners have succumbed as of late to scams that robbed them of their cryptocurrency, according to an India TV...

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Troubled NMC Health Suspected Of Faking Drug Orders
Troubled NMC Health Suspected Of Faking Drug Orders
August 10, 2020  |  Security & Fraud

Investigators examining alleged wrongdoing at once high-flying UAE healthcare provider NMC Health are exploring whether the company falsified drug orders to inflate the books of...

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Biometrics Battles Evil On Gaming Platforms
Biometrics Battles Evil On Gaming Platforms
August 10, 2020  |  Security & Fraud

Identity fraud is nothing to play around with, but you wouldn’t know that given its prevalence in the online gaming sector. “Three out of four...

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Bitcoin Daily: S. Korea To Use Blockchain To Collect Highway Tolls; Polish Financial Watchdog Warns Of Fake Crypto Scams
Bitcoin Daily: S. Korea To Use Blockchain To Collect Highway Tolls; Polish Financial Watchdog Warns...
August 09, 2020  |  Bitcoin

South Korean highways could see blockchain-based toll booths before the end of the year, according to a report from Crypto News. Get the Full Story...

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Singapore Charges Citadelle Corporate Services Owner In Wirecard Collapse
Singapore Charges Citadelle Corporate Services Owner In Wirecard Collapse
August 09, 2020  |  Security & Fraud

A Singapore businessman faces charges of falsifying documents that showed more than 100 million euros ($118 million) in three accounts held on behalf of Wirecard...

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US DOJ Charges 14 With $28M In PPP Fraud
US DOJ Charges 14 With $28M In PPP Fraud
August 07, 2020  |  Security & Fraud

The U.S. Department of Justice (DOJ) charged 14 people in two separate investigations into their alleged participation in schemes to defraud the Paycheck Protection Program (PPP) of...

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Report: Wirecard Execs May Have Hidden $1B Before Collapse
Report: Wirecard Execs May Have Hidden $1B Before Collapse
August 07, 2020  |  Security & Fraud

In anticipation of its collapse in June, Wirecard AG executives may have raided the German payment company and deposited $1 billion in partner companies while...

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