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.

US Banks Devising Plan to Reimburse Zelle Scam Victims

US Banks Devising Plan to Reimburse Zelle Scam Victims
US Banks Devising Plan to Reimburse Zelle Scam Victims
November 28, 2022  |  Banking

Seven of America’s largest banks are reportedly working on a plan to reimburse victims of scams on their payment network Zelle amid calls for greater...

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Conflict of Interest Costs SBF His Lawyers
Conflict of Interest Costs SBF His Lawyers
November 23, 2022  |  Cryptocurrency

Add this to the list of troubles befalling FTX founder Sam Bankman-Fried this month: his law firm has reportedly stopped representing him due to an...

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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  |  Cybersecurity

‘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  |  Cybersecurity

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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