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.

FTC Says Social Media Most Common Contact Method for Scams

FTC Says Social Media Most Common Contact Method for Scams
FTC Says Social Media Most Common Contact Method for Scams
October 06, 2023  |  Cybersecurity

Reported losses from scams originating on social media have reached $2.7 billion since 2021. Get the Full Story Complete the form to unlock this article and enjoy...

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Lawmakers Raise Concerns Over Social Media’s Deepfake Problem
Lawmakers Raise Concerns Over Social Media’s Deepfake Problem
October 05, 2023  |  Cybersecurity

Generative artificial intelligence (AI) can digitally create nearly everything and anything. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Jury Selection Completed in Sam Bankman-Fried Trial
Jury Selection Completed in Sam Bankman-Fried Trial
October 04, 2023  |  Legal & Regulation

Jury selection has been completed in the criminal fraud trial of Sam Bankman-Fried, the co-founder of FTX cryptocurrency exchange.  Get the Full Story Complete the...

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Banks Need to Be on the Cutting Edge of AI’s Double-Edged Fraud Sword
Banks Need to Be on the Cutting Edge of AI’s Double-Edged Fraud Sword
October 04, 2023  |  Artificial Intelligence

The greatest innovations are those that democratize access to new skills and empower populations. Get the Full Story Complete the form to unlock this article...

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Bankman-Fried’s Defense Seeks to Block Prosecutors From Calling FTX Witnesses
Bankman-Fried’s Defense Seeks to Block Prosecutors From Calling FTX Witnesses
October 03, 2023  |  Legal & Regulation

The criminal trial of FTX founder Sam Bankman-Fried started Tuesday (Oct. 3). Get the Full Story Complete the form to unlock this article and enjoy...

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Form3: AI and Risk Scoring Help Stop Push Payment Fraud ‘in Its Tracks’
Form3: AI and Risk Scoring Help Stop Push Payment Fraud ‘in Its Tracks’
October 03, 2023  |  Cybersecurity

With the Sibos 2023 financial services conference in the rearview mirror, central bank digital currencies (CBDCs) and blockchain in active discussion, and the FedNow® Service...

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WorkFusion Unveils AI-Powered Transaction Monitoring Investigator
WorkFusion Unveils AI-Powered Transaction Monitoring Investigator
October 02, 2023  |  AML

WorkFusion has unveiled a new AI Transaction Monitoring Investigator designed to automate the review of first-level (L1) transaction monitoring alerts.  Get the Full Story Complete...

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LVMH CEO Bernard Arnault Calls Money Laundering Reports ‘Absurd’
LVMH CEO Bernard Arnault Calls Money Laundering Reports ‘Absurd’
October 02, 2023  |  Retail

The CEO of luxury conglomerate LVMH reportedly dismissed money laundering allegations against him. Get the Full Story Complete the form to unlock this article and...

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