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.

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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Wells Fargo To Pay More Than $2B Penalty Over Mortgage Loans
Wells Fargo To Pay More Than $2B Penalty Over Mortgage Loans
August 02, 2018  |  Loans

The U.S. Department of Justice (DOJ) announced that Wells Fargo will pay $2.09 billion in penalties to settle claims related to mortgage loans that the lender...

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Five at Five: Ride Hailing Service Grab Set For New $1B Investment
Five at Five: Ride Hailing Service Grab Set For New $1B Investment
August 01, 2018  |  News

Welcome to the Five at Five, your late look at the payments and commerce news of the day. Stories include Southeast Asia ride-hailing service Grab...

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Today In Data: The Best Time Is Real Time
Today In Data: The Best Time Is Real Time
August 01, 2018  |  Today In Data

For businesses, workers and consumers all over the world, the best time for a payment is right now – if at all possible. Unlocking faster payments has...

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Bitcoin Daily: Goldman Warns Of Bitcoin Declines; Token Alliance: Crypto Reg ‘Could Stifle Innovation’
Bitcoin Daily: Goldman Warns Of Bitcoin Declines; Token Alliance: Crypto Reg ‘Could Stifle Innovation’
July 31, 2018  |  Bitcoin

After beginning to recover from a months-long slide, bitcoin prices once again showed signs of weakness on Monday (July 30) after Goldman Sachs warned in...

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Phishing Scam Masquerades As Square To Target Businesses
Phishing Scam Masquerades As Square To Target Businesses
July 30, 2018  |  Security & Fraud

A phishing scam making the rounds and targeting businesses is using the Square name to fool its targets. Get the Full Story Complete the form...

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From Cash To Fraud, Restaurant Owners’ Accounting Woes Run Deep
From Cash To Fraud, Restaurant Owners’ Accounting Woes Run Deep
July 30, 2018  |  B2B Payments

Restaurants are notorious for being difficult to get off the ground. Small business owners are hit with statistics that suggests high failure rates in their...

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Today In Data: So Many Ways To Buy, So Little Time
Today In Data: So Many Ways To Buy, So Little Time
July 26, 2018  |  Today In Data

Consumers love choice and are always ready to embrace the next big thing. The explosion of voice assistants and the smart speaker market are a testament to...

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China Breaks Up Massive Pyramid Scheme Involving 82 People
China Breaks Up Massive Pyramid Scheme Involving 82 People
July 25, 2018  |  Security & Fraud

China has arrested 82 people as part of the busting of a $1.51 billion online pyramid scheme that involved more than 220,000 investors. Get the Full...

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