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.

Report: Former Celsius Executive Pleads Guilty and Cooperates with Prosecutors
Report: Former Celsius Executive Pleads Guilty and Cooperates with Prosecutors
September 14, 2023  |  Legal

A former executive at now-bankrupt Celsius Network, Roni Cohen-Pavon, has reportedly pleaded guilty to criminal charges in the United States and has agreed to cooperate with...

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Banks and Payment Firms Tap AI to Combat Fraud Amid Surge in Sophisticated Financial Crime
Banks and Payment Firms Tap AI to Combat Fraud Amid Surge in Sophisticated Financial Crime
September 14, 2023  |  Fraud Prevention

The rise of digital banking and faster digital payment methods has brought about increasingly sophisticated fraud and financial crime.  Get the Full Story Complete the...

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Finastra Debuts Compliance-as-a-Service to Combat Fraud
Finastra Debuts Compliance-as-a-Service to Combat Fraud
September 14, 2023  |  Fraud Prevention

Financial software firm Finastra has debuted a “Compliance-as-a-Service” solution for banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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‘Scattered Spider’ Named as Likely Suspect in MGM Resorts Hack
‘Scattered Spider’ Named as Likely Suspect in MGM Resorts Hack
September 14, 2023  |  Cybersecurity

Authorities have reportedly identified the source of the hack that crippled Las Vegas’ biggest casino group. Get the Full Story Complete the form to unlock...

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Fraudulent UK COVID Loans Jump in Value
Fraudulent UK COVID Loans Jump in Value
September 14, 2023  |  Fraud Attack

The British government has seen a spike in the value of fraudulent COVID emergency loans. Get the Full Story Complete the form to unlock this...

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How AI Helps Banks Win the Escalating Fraud Arms Race
How AI Helps Banks Win the Escalating Fraud Arms Race
September 14, 2023  |  Security & Fraud

If the pace of innovation today were an athlete, it would be Usain Bolt. Get the Full Story Complete the form to unlock this article...

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Report: Caesars Entertainment Paid $15 Million Ransom After Cyberattack
Report: Caesars Entertainment Paid $15 Million Ransom After Cyberattack
September 13, 2023  |  Security & Fraud

Caesars Entertainment, the operator of Caesars Palace in Las Vegas, reportedly fell victim to a cyberattack during the summer and paid a ransom of approximately...

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MGM Resorts Hack Becomes Hassle for Vacationers Who Must Use Cash
MGM Resorts Hack Becomes Hassle for Vacationers Who Must Use Cash
September 13, 2023  |  Cybersecurity

The cyberattack on MGM Resorts is still reportedly causing trouble for travelers. Get the Full Story Complete the form to unlock this article and enjoy...

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MGM Resorts Websites Remain Down Amid Cyberattack
MGM Resorts Websites Remain Down Amid Cyberattack
September 12, 2023  |  Cybersecurity

MGM Resorts’ websites remain down Tuesday (Sept. 12), two days after the beginning of a cyberattack targeting the hotel and gaming company. Get the Full...

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