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.

Starling Bank Reminds Customers It Is Cracking Down on Crypto
Starling Bank Reminds Customers It Is Cracking Down on Crypto
November 23, 2022  |  Cryptocurrency

Months after announcing it would steer away from digital assets, United Kingdom neobank Starling Bank has increased its anti-cryptocurrency campaign. Get the Full Story Complete...

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SBF Blames ‘Oversight Failure’ in Apology to FTX ‘Family’
SBF Blames ‘Oversight Failure’ in Apology to FTX ‘Family’
November 23, 2022  |  Cryptocurrency

FTX founder Sam Bankman-Fried says his own lack of oversight helped lead to the demise of the company. Get the Full Story Complete the form...

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Impersonation Scams on the Rise Ahead of Holidays Prompting Response From Watchdogs
Impersonation Scams on the Rise Ahead of Holidays Prompting Response From Watchdogs
November 22, 2022  |  Security & Fraud

‘Tis the season to be … wary. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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‘Imposter Calls’ Top FTC Complaint List
‘Imposter Calls’ Top FTC Complaint List
November 22, 2022  |  Security & Fraud

You pick up the phone and hear a recorded message, purporting to be from the IRS. For a moment, you’re worried, but eventually, you think...

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Featurespace Looks to Tackle $2T Money Laundering Wave
Featurespace Looks to Tackle $2T Money Laundering Wave
November 22, 2022  |  Artificial Intelligence

Anticipating a wave of fraud tied to a global recession in 2023, financial crime prevention firm Featurespace says it is building an artificial intelligence (AI)...

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CFOs Ditch Paper to Prioritize Digital Payments
CFOs Ditch Paper to Prioritize Digital Payments
November 22, 2022  |  Digital Payments

Through the past few years, companies have proven a level of resilience that scarcely seemed imaginable when the pandemic shook the globe. Businesses had to...

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ACI Worldwide Teams With NTT to Promote LatAm/EU eCommerce
ACI Worldwide Teams With NTT to Promote LatAm/EU eCommerce
November 21, 2022  |  eCommerce

Payments software provider ACI Worldwide and technology company NTT Data have joined forces to offer expanded eCommerce services to merchants in Latin America and Europe....

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FBI Charges Investment Manager in $10M Crypto Ponzi Scheme
FBI Charges Investment Manager in $10M Crypto Ponzi Scheme
November 20, 2022  |  Security & Fraud

Federal authorities have charged an Ohio man with taking part in a fraudulent cryptocurrency investment scheme that raised at least $10 million from investors. Get...

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Elizabeth Holmes Sentenced to 11+ Years in Prison for Defrauding Investors
Elizabeth Holmes Sentenced to 11+ Years in Prison for Defrauding Investors
November 18, 2022  |  Cryptocurrency

Elizabeth Holmes, one of Silicon Valley’s most celebrated and subsequently vilified startup founders, has been sentenced to 135 months, or more than 11 years, in...

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