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.

Amazon Announces 3 Actions Taken Against Counterfeiters
Amazon Announces 3 Actions Taken Against Counterfeiters
November 24, 2025  |  Retail

Amazon announced actions taken against three groups of counterfeiters operating on its platform. In one action, the company’s Counterfeit Crimes Unit (CCU) filed a lawsuit...

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Allstate Adds Scam Protection to Workplace Benefit Offerings
Allstate Adds Scam Protection to Workplace Benefit Offerings
November 20, 2025  |  Cybersecurity

Allstate launched a new workplace benefit that reimburses employees who fall victim to cybercrime. The new Allstate Scam Protection offers reimbursement up to $50,000 when...

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Santander’s Exposure to First Brands Founder Patrick James Reaches $300 Million
Santander’s Exposure to First Brands Founder Patrick James Reaches $300 Million
November 19, 2025  |  Loans

Santander’s exposure to companies owned by First Brands Group founder Patrick James has reportedly grown to $300 million. The increase was caused by James defaulting...

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Entersekt Adds Tools to Help Banks Block Fraudsters
Entersekt Adds Tools to Help Banks Block Fraudsters
November 18, 2025  |  Cybersecurity

Fraud prevention and payment security firm Entersekt debuted enhancements to its digital banking authentication platform. The new offerings include Entersekt Orkestrate, a tool designed to...

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JPMorganChase to Host Educational Workshops to Help Consumers Avoid Scams
JPMorganChase to Host Educational Workshops to Help Consumers Avoid Scams
November 17, 2025  |  Fraud Prevention

JPMorganChase will host more than 20 free educational workshops across the United States this week to mark International Fraud Awareness Week. The workshops are designed...

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Scammers Find ‘Jurisdiction of Choice’ in Singapore
Scammers Find ‘Jurisdiction of Choice’ in Singapore
November 16, 2025  |  Cybersecurity

Singapore’s status as a financial hub has also made it a popular destination for scammers. That’s according to a report Sunday (Nov. 16) by the...

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Only 2% of Firms Report Fraud on Real-Time Rails
Only 2% of Firms Report Fraud on Real-Time Rails
November 14, 2025  |  Real-Time Payments

For years, banks have treated real-time payments like an unlocked door. Open too wide and fraud might slip through. But new data show that those...

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First Brands Seeks to Resume Borrowing Against Receivables Amid Fraud Probe
First Brands Seeks to Resume Borrowing Against Receivables Amid Fraud Probe
November 11, 2025  |  Supply Chain

Bankrupt auto supplier First Brands Group is seeking to raise new financing backed by receivables invoices, reviving a tool that was once crucial to its...

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UK Cyber Insurance Payouts Jump 230% Amid Surge in Attacks
UK Cyber Insurance Payouts Jump 230% Amid Surge in Attacks
November 10, 2025  |  Cybersecurity

Cyber insurance insurers in the United Kingdom paid 197 million pounds (about $259 million) in claims from businesses last year. The figure is up 230%...

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