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.

Two New Yorkers Arrested for Alleged Conspiracy to Launder $4.5B in Hacked Crypto
Two New Yorkers Arrested for Alleged Conspiracy to Launder $4.5B in Hacked Crypto
February 08, 2022  |  Security & Fraud

In what has been called the largest financial seizure in history, a New York couple was arrested in Manhattan for an alleged conspiracy to launder...

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Crypto Networks Connected to Increase in Reported Fraud
Crypto Networks Connected to Increase in Reported Fraud
February 08, 2022  |  Cryptocurrency

A federal law enforcement network has identified a surge of suspicious activity from San Francisco financial firms, including some of the world’s leading cryptocurrency trading...

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Secret Service: Home Depot Worker Swapped $388K Cash with Fake Bills
Secret Service: Home Depot Worker Swapped $388K Cash with Fake Bills
February 08, 2022  |  Security & Fraud

Home Depot worker Adrian Jean Pineda was nabbed by the Secret Service in Tempe, Arizona for allegedly stealing $387,500 in cash by replacing the real...

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Today in Crypto: Payments Platform Wirex Makes US Debut; Tesla Says It Held $2B in Bitcoin at End of ’21
Today in Crypto: Payments Platform Wirex Makes US Debut; Tesla Says It Held $2B in...
February 07, 2022  |  Cryptocurrency

North Korea has reportedly used stolen crypto funds to help fund its missile development program, according to a Reuters report Monday (Feb. 7), which cited...

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Digital Dollar’s Power Problem: What Happens When the Lights Go Out?
Digital Dollar’s Power Problem: What Happens When the Lights Go Out?
February 07, 2022  |  CBDC

One of the big promises of central bank digital currencies (CBDCs) is that they are usable anywhere paper currencies are accepted. That is to say,...

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Today in the Connected Economy: Porsche Launches Connected Car ‘Data Cup’
Today in the Connected Economy: Porsche Launches Connected Car ‘Data Cup’
February 07, 2022  |  Connected Economy

Today in the connected economy, Porsche hosts the Porsche Data Cup, a contest open to developers from other companies designed to find new use cases...

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Fraud’s Impact on Crypto Is About More Than Money
Fraud’s Impact on Crypto Is About More Than Money
February 07, 2022  |  Security & Fraud

Compared to other financial industries, the cryptocurrency market is disproportionately subject to fraud, with a net fraud rate of 7.4% last year. Get the Full...

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nsKnox Debuts Bank Account Certificate
nsKnox Debuts Bank Account Certificate
February 07, 2022  |  Fraud Prevention

Security platform nsKnox on Monday (Feb. 7) introduced Bank Account Certificate, calling it a “fraud-proof approach to sharing and validating banking details.” Get the Full...

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A Connected Economy Requires Connected Risk Management
A Connected Economy Requires Connected Risk Management
February 07, 2022  |  Risk Management

Fraudsters aren’t contained to a 9-to-5 workday, and they’re not off on holidays and weekends. Instead, they’re working all hours of the day and night....

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