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.

Chinese Pyramid Scheme Lands Fraudsters In The Pokey – For Life
Chinese Pyramid Scheme Lands Fraudsters In The Pokey – For Life
January 10, 2018  |  International

A Chinese court has sentenced two people to life in prison for fraud, with 19 others getting up to 12 years in prison for their...

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Western Union Slapped With $60M Fine Over AML Lapses
Western Union Slapped With $60M Fine Over AML Lapses
January 05, 2018  |  Security & Fraud

Western Union has agreed to pay a $60 million fine as part of a consent order with the New York State Department of Financial Services....

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Debit Card Scammer Steals $350K In Apple Products
Debit Card Scammer Steals $350K In Apple Products
January 04, 2018  |  Apple

A Sacramento man has pleaded guilty to stealing $350,000 worth of Apple devices from stores across the U.S. Get the Full Story Complete the form...

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Why Collection Notices Are 2018’s Tipoff To Digital ID Fraud
Why Collection Notices Are 2018’s Tipoff To Digital ID Fraud
January 04, 2018  |  Security & Fraud

In the annals of fraud — payments fraud and identity theft and all manner of bad doings — 2017 may be a year we’d all...

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Top 5 Retail Stories Of 2017
Top 5 Retail Stories Of 2017
January 03, 2018  |  Retail

It’s 2018! That means that now, whenever people perceive something as backwards, unfashionable or antiquated, they’ll be quick to say it’s “so 2017.” But let’s...

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Consumers Want Biometrics – How Will Payments Respond?
Consumers Want Biometrics – How Will Payments Respond?
January 02, 2018  |  Security & Fraud

With the holiday shopping season behind us, most shoppers can probably say with confidence that the worst part of the whole experience was trying to...

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Power Tool Pirates: How Fraudsters Are Targeting Their Favorite Industries
Power Tool Pirates: How Fraudsters Are Targeting Their Favorite Industries
January 02, 2018  |  Security & Fraud

Fraud is rampant in the furniture, appliance and home improvement industries. The average mid-range chargeback for purchases between $100 and $500 is up from $288...

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Year In AI: Higher Education For Machines
Year In AI: Higher Education For Machines
December 28, 2017  |  Artificial Intelligence

Artificial intelligence (AI) was one of 2017’s hottest industry buzzwords as many have begun turning to machines to solve problems that are simply too large...

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How To Lead The Charge On Chargeback Change
How To Lead The Charge On Chargeback Change
December 27, 2017  |  Security & Fraud

Beginning next year Visa is changing the way it handles chargeback resolutions. Time is of the essence as is data. The road may be a...

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