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.

Bitcoin Daily: Crypto Mining Encounters Are Down 40 Pct; Spanish Authorities Crack Down On Crypto Laundering Of $3.3M In Drug Money
Bitcoin Daily: Crypto Mining Encounters Are Down 40 Pct; Spanish Authorities Crack Down On Crypto...
June 30, 2020  |  Bitcoin

Microsoft reported that digital currency mining encounters dropped 40 percent from 2018 to 2019, according to a report. The tech company noted in the report...

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Former Wirecard Execs Face Criminal Charges In Austria
Former Wirecard Execs Face Criminal Charges In Austria
June 30, 2020  |  Security & Fraud

The Wirecard AG accounting scandal has extended its reach to Austria. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Pulling B2B Payments Into The New Economy
Pulling B2B Payments Into The New Economy
June 30, 2020  |  B2B Payments

Despite making major strides in functionality, legacy payment rails like ACH still come with their challenges — especially when facilitating B2B payments. Get the Full...

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New Report: Aiding Pandemic-Related Financial Hardships Key to Credit Union Member Loyalty
New Report: Aiding Pandemic-Related Financial Hardships Key to Credit Union Member Loyalty
June 30, 2020  |  Credit Unions

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Source: German Regulators Failed To Take Action On Wirecard Red Flags
Source: German Regulators Failed To Take Action On Wirecard Red Flags
June 29, 2020  |  Bank Regulation

Numerous regulators had discussions over the years about tightening supervision on Wirecard or adding it to a list of potential subjects for more investigations, but...

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Deep Dive: Reducing The Security Risks Of Open Banking
Deep Dive: Reducing The Security Risks Of Open Banking
June 29, 2020  |  Fraud Prevention

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Wirecard, Enron And Warning Signs Across Two Decades
Wirecard, Enron And Warning Signs Across Two Decades
June 29, 2020  |  Security & Fraud

Author George Santayana famously wrote: “Those who cannot remember the past are condemned to repeat it.” And Mark Twain once wrote: “History doesn’t repeat itself,...

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EY Accused Of Missing Alleged Wirecard Fraud
EY Accused Of Missing Alleged Wirecard Fraud
June 28, 2020  |  Security & Fraud

In the ongoing scandal of Wirecard, under fire for fraud, the focus is now turning to auditors Ernst & Young (EY), which reportedly failed to...

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Leader Of Russian Cybercrime Ring Pleads Guilty
Leader Of Russian Cybercrime Ring Pleads Guilty
June 28, 2020  |  Security & Fraud

One of the leaders of Infraud Organization, the international cybercrime network, has pleaded guilty to conspiracy, according to the U.S. Department of Justice. Get the...

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