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.

Uber Settles NY Driver Fees Lawsuit For $3M

Uber Settles NY Driver Fees Lawsuit For $3M
Uber Settles NY Driver Fees Lawsuit For $3M
January 10, 2018  |  Gig Economy

Ride-hailing app company Uber reached a settlement with more than 2,000 New York drivers, agreeing to pay $3 million. Get the Full Story Complete the...

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Chinese Pyramid Scheme Lands Fraudsters In The Pokey – For Life
Chinese Pyramid Scheme Lands Fraudsters In The Pokey – For Life
January 10, 2018  |  Cross-border Payments

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  |  Cybersecurity

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  |  Cybersecurity

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  |  Cybersecurity

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  |  Cybersecurity

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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