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.

Biometrics Battles Evil On Gaming Platforms
Biometrics Battles Evil On Gaming Platforms
August 10, 2020  |  Security & Fraud

Identity fraud is nothing to play around with, but you wouldn’t know that given its prevalence in the online gaming sector. “Three out of four...

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Bitcoin Daily: S. Korea To Use Blockchain To Collect Highway Tolls; Polish Financial Watchdog Warns Of Fake Crypto Scams
Bitcoin Daily: S. Korea To Use Blockchain To Collect Highway Tolls; Polish Financial Watchdog Warns...
August 09, 2020  |  Bitcoin

South Korean highways could see blockchain-based toll booths before the end of the year, according to a report from Crypto News. Get the Full Story...

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Singapore Charges Citadelle Corporate Services Owner In Wirecard Collapse
Singapore Charges Citadelle Corporate Services Owner In Wirecard Collapse
August 09, 2020  |  Security & Fraud

A Singapore businessman faces charges of falsifying documents that showed more than 100 million euros ($118 million) in three accounts held on behalf of Wirecard...

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US DOJ Charges 14 With $28M In PPP Fraud
US DOJ Charges 14 With $28M In PPP Fraud
August 07, 2020  |  Security & Fraud

The U.S. Department of Justice (DOJ) charged 14 people in two separate investigations into their alleged participation in schemes to defraud the Paycheck Protection Program (PPP) of...

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Report: Wirecard Execs May Have Hidden $1B Before Collapse
Report: Wirecard Execs May Have Hidden $1B Before Collapse
August 07, 2020  |  Security & Fraud

In anticipation of its collapse in June, Wirecard AG executives may have raided the German payment company and deposited $1 billion in partner companies while...

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Deep Dive: Preventing Fraudsters From Gaming The System As Online Gaming Heats Up
Deep Dive: Preventing Fraudsters From Gaming The System As Online Gaming Heats Up
August 07, 2020  |  Authentication

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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Offline Bowling Goes Online Amid the COVID-19 Health Crisis
Offline Bowling Goes Online Amid the COVID-19 Health Crisis
August 06, 2020  |  Authentication

Not many consumers are making their way to bowling alleys these days, so some operators see the chance to strike it big by taking bowling...

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Tampa Teen Pleads Not Guilty In Twitter Hacking
Tampa Teen Pleads Not Guilty In Twitter Hacking
August 05, 2020  |  Security & Fraud

The 17-year-old Florida teenager accused of being the mastermind of a plot to hack prominent Twitter accounts pleaded not guilty Tuesday (Aug. 4) to the...

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Today In Payments: Cash App Drives Square’s Strong Q2 Results; Study: COVID-19 Fraud Reaches $100M
Today In Payments: Cash App Drives Square’s Strong Q2 Results; Study: COVID-19 Fraud Reaches $100M
August 05, 2020  |  News

In today’s top news, Square reported strong second-quarter results, and COVID-19-related fraud has reached $100 million in the U.S. Plus, Walmart’s Sean Slovenski is stepping...

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