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.

Hundreds Of Probes Into PPP Loan Fraud Have Been Opened

Hundreds Of Probes Into PPP Loan Fraud Have Been Opened
Hundreds Of Probes Into PPP Loan Fraud Have Been Opened
November 08, 2020  |  Cybersecurity

The federal Paycheck Protection Program (PPP) designed to blunt the economic impact of the pandemic is beset by extensive instances of fraud, The Wall Street...

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COVID Scams Prompt Europe To Press For Data Sharing
COVID Scams Prompt Europe To Press For Data Sharing
November 06, 2020  |  Cybersecurity

The escalating COVID-19 pandemic and the ensuing second lockdown in Europe have prompted lawmakers to press for eCommerce platforms and other media to share data,...

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European Commission Meets With Amazon, Facebook, Google, Microsoft And Alibaba In Crackdown On COVID-19 Scams
European Commission Meets With Amazon, Facebook, Google, Microsoft And Alibaba In Crackdown On COVID-19 Scams
November 06, 2020  |  Economy

The European Commission is ramping up its campaign against scams touting phony COVID-19 cures and treatments as the continent grapples with another wave of infections...

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Data Can Fight Fraud And Remove Friction For Holiday Season
Data Can Fight Fraud And Remove Friction For Holiday Season
November 06, 2020  |  Retail

The 2020 holiday shopping season will be different from any that have come before it, and much of the difference will revolve around digital capabilities....

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UK Banks Nix $1.3B In Fraudulent ‘Bounce-Back’ Loans
UK Banks Nix $1.3B In Fraudulent ‘Bounce-Back’ Loans
November 05, 2020  |  Cybersecurity

The United Kingdom’s version of the Paycheck Protection Program is also getting hit up by fraudsters, though British bankers appear to be a step ahead...

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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  |  Cybersecurity

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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