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.

2 Plead Guilty, 17 Charged in US Rideshare, Delivery Fraud Racket
2 Plead Guilty, 17 Charged in US Rideshare, Delivery Fraud Racket
March 24, 2022  |  Security & Fraud

Two Brazilian nationals — one residing in Lowell, Massachusetts and another in Daly City, California — pleaded guilty to conspiracy to commit wire fraud and...

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Today in B2B: Virtual Cards Help Digitize Spend Management; Fraud Detection Becomes More Prevalent in Digital Payments
Today in B2B: Virtual Cards Help Digitize Spend Management; Fraud Detection Becomes More Prevalent in...
March 23, 2022  |  B2B Payments

Today in B2B payments, spend management jumps into the digital age with virtual cards, while three out of five companies build fraud detection into their...

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59% of Companies Build Fraud Detection Into Digital Payments Processes
59% of Companies Build Fraud Detection Into Digital Payments Processes
March 23, 2022  |  B2B Payments

When making the transition to digital payments, most companies also add systems for detecting fraud to the mix. Get the Full Story Complete the form...

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5 Takeaways on Pandemic Fraud From the FBI 2021 Internet Crimes Report
5 Takeaways on Pandemic Fraud From the FBI 2021 Internet Crimes Report
March 23, 2022  |  Security & Fraud

SIM swaps, employment schemes, business email compromise, tech support fakes, auction fraud, romance scams — fraud comes in many forms, and 2021 was a banner...

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Today in Data: The Escalating Importance of Cybersecurity
Today in Data: The Escalating Importance of Cybersecurity
March 23, 2022  |  Today In Data

Today in Data, the price of cyber insurance — like most everything these days — is on the rise. Plus, the American Hospital Association is...

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Agency Warns of Increased Cyberattacks on Healthcare Targets
Agency Warns of Increased Cyberattacks on Healthcare Targets
March 22, 2022  |  Cybersecurity

Cyber warriors in healthcare are on high alert as Russia’s invasion of Ukraine marks 2022 as a year of increased threat following a record number...

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Third-Party Seller Admits Fleecing Amazon Out of $1.3M
Third-Party Seller Admits Fleecing Amazon Out of $1.3M
March 22, 2022  |  Amazon

A third-party seller on Amazon could face up to 20 years in federal prison for fleecing the eCommerce giant out of more than $1.3 million,...

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Ex-Apple Employee Charged for Allegedly Defrauding iPhone Maker of $10M
Ex-Apple Employee Charged for Allegedly Defrauding iPhone Maker of $10M
March 20, 2022  |  Legal

U.S. prosecutors have charged a former Apple employee with defrauding the tech giant out of over $10 million over several schemes, Reuters says. Get the...

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Fake LinkedIn Accounts and ‘Job Fishing’ Fraud on Rise, Google Warns
Fake LinkedIn Accounts and ‘Job Fishing’ Fraud on Rise, Google Warns
March 18, 2022  |  Fraud Attack

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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