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.

Swiss Bank Chided For Alleged FIFA, Venezuela Fraud

Swiss Bank Chided For Alleged FIFA, Venezuela Fraud
Swiss Bank Chided For Alleged FIFA, Venezuela Fraud
February 20, 2020  |  Security & Fraud

Swiss bank Julius Baer is being scolded by Switzerland’s financial watchdog for failing to notice money-laundering threats connected to deception in Venezuela and FIFA, the...

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Bitcoin Daily: Gemcoin Founder Pleads Guilty In $147M Fraud Case; Dubliner Forfeits $67.6M In Bitcoin As Part Of Drug Case
Bitcoin Daily: Gemcoin Founder Pleads Guilty In $147M Fraud Case; Dubliner Forfeits $67.6M In Bitcoin...
February 20, 2020  |  Bitcoin

Steve Chen, the mastermind behind a $147 million gemcoin fraud from 2013 to 2015, pleaded guilty of his crimes of tax evasion and conspiracy to...

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Fraud Decisioning Orchestrates A Response
Fraud Decisioning Orchestrates A Response
February 19, 2020  |  Security & Fraud

Some people think the best thing about the Pennsylvania-based convenience store and fuel chain Wawa is their absurdly delicious jalapeño-stuffed pretzels, oozing with molten cheese....

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Bitcoin Daily: IRS To Meet With Crypto Groups; Thieves Take $630,000 In Ether From Lender bZx
Bitcoin Daily: IRS To Meet With Crypto Groups; Thieves Take $630,000 In Ether From Lender...
February 19, 2020  |  Bitcoin

The IRS has invited cryptocurrency groups to meet for a regulatory summit March 3 to discuss how the two can work together going forward, published...

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How Cisco Is Building The Smart Cities Of The Future
How Cisco Is Building The Smart Cities Of The Future
February 18, 2020  |  Intelligence of Things

The global smart city market is set to reach $252 billion by 2025. To keep smart city initiatives secure, there’s a growing need for stringent...

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Deep Dive: Orchestrating Complex Authentication And Fraud Decisioning
Deep Dive: Orchestrating Complex Authentication And Fraud Decisioning
February 18, 2020  |  Fraud Prevention

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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Rebuilding Document Authentication For A Faster-Paced Planet
Rebuilding Document Authentication For A Faster-Paced Planet
February 18, 2020  |  Authentication

Technology tends come with much advanced promotion — for the good reason that the more novel an idea, the more time needs to be spent...

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Fighting Fraudsters At The FI/Customer Journey Starting Line
Fighting Fraudsters At The FI/Customer Journey Starting Line
February 18, 2020  |  Security & Fraud

In the battle against fraudsters, financial institutions (FIs) must start at the beginning – literally. Get the Full Story Complete the form to unlock this...

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Bitcoin Daily: FCoin Shuts After $130M Shortfall; Scam Threatens Via Google Ads
Bitcoin Daily: FCoin Shuts After $130M Shortfall; Scam Threatens Via Google Ads
February 18, 2020  |  Bitcoin

FCoin has stopped all trading and withdrawal after it was revealed that the crypto exchange had a shortage of $130 million worth in crypto assets,...

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