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.

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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Deep Dive: Preventing Fraudsters From Gaming The System As Online Gaming Heats Up
Deep Dive: Preventing Fraudsters From Gaming The System As Online Gaming Heats Up
August 07, 2020  |  Authentication

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Offline Bowling Goes Online Amid the COVID-19 Health Crisis
Offline Bowling Goes Online Amid the COVID-19 Health Crisis
August 06, 2020  |  Authentication

Not many consumers are making their way to bowling alleys these days, so some operators see the chance to strike it big by taking bowling...

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Tampa Teen Pleads Not Guilty In Twitter Hacking
Tampa Teen Pleads Not Guilty In Twitter Hacking
August 05, 2020  |  Security & Fraud

The 17-year-old Florida teenager accused of being the mastermind of a plot to hack prominent Twitter accounts pleaded not guilty Tuesday (Aug. 4) to the...

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Today In Payments: Cash App Drives Square’s Strong Q2 Results; Study: COVID-19 Fraud Reaches $100M
Today In Payments: Cash App Drives Square’s Strong Q2 Results; Study: COVID-19 Fraud Reaches $100M
August 05, 2020  |  News

In today’s top news, Square reported strong second-quarter results, and COVID-19-related fraud has reached $100 million in the U.S. Plus, Walmart’s Sean Slovenski is stepping...

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Study: COVID-19 Fraud Reaches $100M
Study: COVID-19 Fraud Reaches $100M
August 05, 2020  |  Security & Fraud

SocialCatfish.com, the identity verification nonprofit, reported U.S. losses from COVID-19 fraud and ID theft have reached nearly $100 million since the pandemic emerged in March,...

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Report: Skillz Takes Bowling Online — And Strikes Out Bad Actors
Report: Skillz Takes Bowling Online — And Strikes Out Bad Actors
August 05, 2020  |  Authentication

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Fiserv: Merchants And The Need For Multilayered Security In A Digital-First World
Fiserv: Merchants And The Need For Multilayered Security In A Digital-First World
August 05, 2020  |  Security & Fraud

The degree to which COVID-19 has converted consumers to digital channels is very visible with a quick glance at the data. Tim Horton, head of global...

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SEC Probes Timing Of Eastman Kodak’s Announcement Of $765M Loan
SEC Probes Timing Of Eastman Kodak’s Announcement Of $765M Loan
August 04, 2020  |  Loans

Eastman Kodak’s surprise announcement of plans to reinvent itself as a drug manufacturer has run afoul of the U.S. Securities and Exchange Commission (SEC), a...

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