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.

FBI Agent Says Cargo Theft Is Now ‘Primarily Cyber-Enabled’

FBI Agent Says Cargo Theft Is Now ‘Primarily Cyber-Enabled’
FBI Agent Says Cargo Theft Is Now ‘Primarily Cyber-Enabled’
November 25, 2025  |  Cybersecurity

Cargo theft is now “primarily cyber-enabled,” an FBI agent said in a Tuesday (Nov. 25) Wall Street Journal report. Doug McKelway, a supervisory special agent...

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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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