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.

Ex-Exec Of Mexican Bank Pleads Guilty To Wire Fraud
Ex-Exec Of Mexican Bank Pleads Guilty To Wire Fraud
May 30, 2018  |  International

A former partner and part-owner of Mexico’s InvestaBank SA has pleaded guilty to a U.S. charge that he fraudulently obtained $21 million in tax refunds...

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Kenya Charges Civil Servants In $100M Theft Of Public Funds
Kenya Charges Civil Servants In $100M Theft Of Public Funds
May 29, 2018  |  Fraud Prevention

The authorities in the country of Kenya have charged 54 people — most of them civil servants — with stealing close to $100 million of public...

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Estonia Sees $13B In Money Laundering Over Four Years
Estonia Sees $13B In Money Laundering Over Four Years
May 25, 2018  |  International

After reports of money laundering caused lenders in Estonia and Latvia to close, police said on Friday (May 25) that more than $13 billion (or...

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Building Better Banks
Building Better Banks
May 24, 2018  |  Today In Data

The transition of the banking world to digital has been good for customers, who, on average, check in with their mobile banking providers at least...

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Justice Department Investigates Crypto Market Manipulation
Justice Department Investigates Crypto Market Manipulation
May 24, 2018  |  Cryptocurrency

Traders may be manipulating the price of digital currencies, including bitcoin. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Vocalink: How To Stop Fraud In The Era Of Real-Time Payments
Vocalink: How To Stop Fraud In The Era Of Real-Time Payments
May 23, 2018  |  Fraud Prevention

As the speed of payments increases around the world, the potential scope of fraud shifts to targets beyond cards. Criminals are taking advantage of the...

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Amazon Takes Tough Stance On Returns
Amazon Takes Tough Stance On Returns
May 22, 2018  |  Amazon Delivery

Remember that old saying, “You break it, you bought it?” A tweak on that might read: “You click on it, you bought it.” Get the...

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Jumio CTO Paints A Portrait Of ‘IDV Nirvana’
Jumio CTO Paints A Portrait Of ‘IDV Nirvana’
May 15, 2018  |  Security & Fraud

“On the internet, nobody knows you’re a dog.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Shopify Launches Fraud Protect, One-Click Dynamic Checkout
Shopify Launches Fraud Protect, One-Click Dynamic Checkout
May 09, 2018  |  Security & Fraud

It’s hard enough for well-heeled, established businesses to identify and fight eCommerce fraud. For smaller merchants with an online presence limited to marketplace platforms such...

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