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.

SEC: Financial Advisor Ameriprise To Pay $4.5M Fine
SEC: Financial Advisor Ameriprise To Pay $4.5M Fine
August 16, 2018  |  Regulation

The U.S. Securities and Exchange Commission (SEC) announced, according to Reuters, that it has charged Ameriprise Financial, a registered investment advisor and broker-dealer, $4.5 million due...

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Turning To AI To Reduce Digital Banking Risks
Turning To AI To Reduce Digital Banking Risks
August 16, 2018  |  Digital Banking

Implementing AI might be all the rage, but are banks buying too much into the hype? FIs need to cut through the noise and find...

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Hackers Clone Debit Cards From India Bank
Hackers Clone Debit Cards From India Bank
August 14, 2018  |  Security & Fraud

India’s Cosmos Bank was the target of an attack in which hackers were able to transfer more than Rs 94 crore via a malware attack,...

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Investors Have Lost Close To $100M In ICO Scams
Investors Have Lost Close To $100M In ICO Scams
August 13, 2018  |  Security & Fraud

Based on new research from Diar, a blockchain intelligence firm, close to $100 million in cryptocurrency has been stolen via initial coin offering (ICO) exit...

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Elaborate Indian Bitcoin Scam Involves Policemen, Lawmakers
Elaborate Indian Bitcoin Scam Involves Policemen, Lawmakers
August 13, 2018  |  Bitcoin

Gujarat, the Indian home state of Prime Minister Narendra Modi, is at the center of a bitcoin-based Ponzi scheme that could end up being the...

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Why Phishers Like B2B
Why Phishers Like B2B
August 09, 2018  |  Fraud Prevention

Businesses, get ready: The phishers are paying more attention to you. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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UL: The Trucking Industry, Aided By Digital Tech, Is About To Get Smarter
UL: The Trucking Industry, Aided By Digital Tech, Is About To Get Smarter
August 08, 2018  |  Innovation

Less than a year from now, more data — and the “smart” gear that collects and transmits it — will come to European roadways, part...

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The Risk Of Banks Hitting The Panic Button On Fraud
The Risk Of Banks Hitting The Panic Button On Fraud
August 06, 2018  |  B2B Payments

Every business in every industry is concerned about cybersecurity — and if it isn’t, it should be. While cyberattacks can threaten a company of any...

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How The eCommerce Fakers Launder Money
How The eCommerce Fakers Launder Money
August 03, 2018  |  Security & Fraud

“Fake it ‘til you make it” is a familiar idiom with roots in the great teachings of Aristotle, who once said that a person who...

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