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: Texas Man Allegedly Claimed Employees To Net $5M In PPP Funds
DOJ: Texas Man Allegedly Claimed Employees To Net $5M In PPP Funds
May 19, 2020  |  Security & Fraud

A Texas man is facing charges of filing fraudulent loan applications seeking more than $5 million in forgivable loans from the Small Business Administration’s (SBA)...

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Warren Calls For Prosecution Of Bailout Program Fraudsters
Warren Calls For Prosecution Of Bailout Program Fraudsters
May 19, 2020  |  Regulation

U.S. Sen. Elizabeth Warren (D-Mass.) wants the Federal Reserve Bank to draw up stringent regulations for corporate recipients of U.S. bailout funds – and to...

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Deep Dive: How AI, ML Can Harness Dynamic Rules To Improve QSR Fraud Detection And Reduce False Positives
Deep Dive: How AI, ML Can Harness Dynamic Rules To Improve QSR Fraud Detection And...
May 19, 2020  |  Mobile Order Ahead

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Why Fraudsters Like ‘Delivery Attacks,’ And Why AI and ML Alone Won’t Stop Them
Why Fraudsters Like ‘Delivery Attacks,’ And Why AI and ML Alone Won’t Stop Them
May 19, 2020  |  Security & Fraud

The pandemic — and specifically, the lockdowns resulting from it — has spurred criminals to shift their cyber fraud schemes to exploit new avenues of...

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FTC Refunds $12M To Consumer Victims Of Bogus Online Trial Memberships
FTC Refunds $12M To Consumer Victims Of Bogus Online Trial Memberships
May 18, 2020  |  Security & Fraud

More than 147,000 consumers who were scammed by I Works are getting full refunds totaling $12 million, the Federal Trade Commission (FTC) announced Monday (May...

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Mastercard Launches Anti-Fraud Measures At Gas Pumps
Mastercard Launches Anti-Fraud Measures At Gas Pumps
May 18, 2020  |  Security & Fraud

Mastercard has announced a series of consumer protections aimed at protecting customers and merchants from fraud at fuel stations. Get the Full Story Complete the...

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Enlisting AI And Biometrics In The Fight Against Digital Identity Theft
Enlisting AI And Biometrics In The Fight Against Digital Identity Theft
May 18, 2020  |  Authentication

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QSRs Face The Dual Challenges Of Digital Fraud And Third-Party Competition
QSRs Face The Dual Challenges Of Digital Fraud And Third-Party Competition
May 18, 2020  |  Mobile Order Ahead

Restaurants face a tough fight, with a mere 40 percent survival rate in their first year. That fight is becoming more challenging amid the COVID-19...

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Deep Dive: Why COVID-19 Is Leading To eCommerce Onboarding Security Shifts
Deep Dive: Why COVID-19 Is Leading To eCommerce Onboarding Security Shifts
May 18, 2020  |  Digital Onboarding

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