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.

Chicago Trader Charged With Crypto Theft
Chicago Trader Charged With Crypto Theft
February 16, 2018  |  Bitcoin

Marking the first prosecution in Chicago of theft in the cryptocurrency industry, a trader with a financial firm was charged with fraud. Joseph Kim allegedly...

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India Bank Could Be Ground Zero For A $1.8B Fraud
India Bank Could Be Ground Zero For A $1.8B Fraud
February 14, 2018  |  South Asia

Investors worldwide got quite a scare from India’s Punjab National Bank (PNB) with the announced discovery of $1.8 billion in fraudulent activity at one of...

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SAP Goes After Corporate Payments Fraud With New App
SAP Goes After Corporate Payments Fraud With New App
February 14, 2018  |  B2B Payments

SAP is rolling out a new solution to help companies detect fraudulent transactions and mitigate risk. Get the Full Story Complete the form to unlock...

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Investors Caught In Two Crypto ‘Exit Scams’
Investors Caught In Two Crypto ‘Exit Scams’
February 12, 2018  |  Security & Fraud

Following an announcement from an Italian cryptocurrency exchange that $200 million worth of virtual currency was stolen from its servers, investors and developers are taking...

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Can AI Reverse The Subscription Churn Curse?
Can AI Reverse The Subscription Churn Curse?
February 08, 2018  |  Subscription Commerce

“Recurring payments” is a bit of a misnomer, when approximately 13 percent of them don’t recur at all. Instead, the card on file gets declined,...

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Tokenization: The Security Key For Call Centers
Tokenization: The Security Key For Call Centers
February 08, 2018  |  Security & Fraud

Call centers are fast becoming a fraudster favorite. Why? Because they’re just so darn inviting. Committing fraud over the phone in a call center environment...

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DOJ Charges 36 Over $530M In Cyber ID Crime Spree
DOJ Charges 36 Over $530M In Cyber ID Crime Spree
February 07, 2018  |  Security & Fraud

You’ve heard of a baker’s dozen. Well, here, perhaps, is the hacker’s three dozen — and might there be more? Get the Full Story Complete the...

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Silicon Valley Startup CEO Charged With Wire Fraud
Silicon Valley Startup CEO Charged With Wire Fraud
February 07, 2018  |  Legal

The founder and CEO of a failed startup has pleaded guilty for defrauding former employees. Get the Full Story Complete the form to unlock this...

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In Battling Identity Fraud, Finding The (Synthetic ID) Devil Behind The Details
In Battling Identity Fraud, Finding The (Synthetic ID) Devil Behind The Details
February 06, 2018  |  Security & Fraud

Millions of people are victim of identity theft each year. Post Equifax breach, the numbers will swell. The fraudsters are ever resourceful, picking and choosing...

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