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.

Madoff Whistleblower Has GE On The Defense
Madoff Whistleblower Has GE On The Defense
August 19, 2019  |  Security & Fraud

Boston-based General Electric (GE) is defending itself against accounting fraud alleged by the same whistleblower who called out Bernard Madoff’s Ponzi scheme, Reuters reported on...

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How Chipotle Rewards Customers, Not Hackers
How Chipotle Rewards Customers, Not Hackers
August 19, 2019  |  Mobile Order Ahead

Chipotle was among the first QSRs to launch mobile ordering in 2009 and recently expanded its digital offerings to include a loyalty program. But it’s...

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iRobot On Cleaning Up Smart Home Security Risks
iRobot On Cleaning Up Smart Home Security Risks
August 19, 2019  |  Intelligence of Things

When manufacturers don’t update smart home devices throughout the products’ lifespans, they can turn into security landmines. That’s why regular updates and patching, and unique...

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Why Mobile Rewards Programs Attract Fraud
Why Mobile Rewards Programs Attract Fraud
August 19, 2019  |  Security & Fraud

In the latest Mobile Order-Ahead Tracker, PYMNTS explores the latest developments in the world of QSR rewards programs and how credential stuffing and account takeovers...

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 Ransomware Gains Traction, UK BEC Fraud Spikes
 Ransomware Gains Traction, UK BEC Fraud Spikes
August 19, 2019  |  B2B Payments

Ransomware, paid in bitcoin, is gaining traction as a way for fraudsters to bilk victims out of their money. Elsewhere, in the UK, business email...

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 AppZen On The State Of Spend Auditing
 AppZen On The State Of Spend Auditing
August 19, 2019  |  B2B Payments

Auditing expenses without the aid of technology is an inefficient endeavor — and errors or fraud can slip under the radar. AppZen found in recent...

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How Chipotle Is Keeping Rewards Out Of The Hands Of Hackers
How Chipotle Is Keeping Rewards Out Of The Hands Of Hackers
August 16, 2019  |  Mobile Order Ahead

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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IRS Finds Discrepancies In Crypto Holders’ Tax Returns
IRS Finds Discrepancies In Crypto Holders’ Tax Returns
August 16, 2019  |  Bitcoin

The Internal Revenue Service has issued another warning to cryptocurrency investors with federal returns that don’t match the information received from virtual currency exchanges. Get...

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