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.

FTC Sends $2M In Payments To Fake Immigration Center’s Victims
FTC Sends $2M In Payments To Fake Immigration Center’s Victims
March 02, 2020  |  Security & Fraud

In response to fraud from the American Immigration Center, the Federal Trade Commission (FTC) is sending out refunds for those defrauded, according to a press...

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‘Shark Tank’ Judge Recoups $400K Lost In Phishing Scam
‘Shark Tank’ Judge Recoups $400K Lost In Phishing Scam
March 02, 2020  |  Security & Fraud

Barbara Corcoran, a judge on the popular TV show “Shark Tank,” said she is “thrilled” about getting back almost $400,000 that she lost during a...

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Credit Unions Doing Cyber-Battle
Credit Unions Doing Cyber-Battle
March 02, 2020  |  Security & Fraud

Comedy legend Groucho Marx is credited with the famous line, “I don’t want to belong to any club that would have me as a member.”...

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Mastercard: Using AI To Cure Healthcare’s $240B Fraud, Waste And Abuse Problem
Mastercard: Using AI To Cure Healthcare’s $240B Fraud, Waste And Abuse Problem
March 02, 2020  |  Fraud Prevention

Healthcare in the U.S. is a massive industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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AmEx Reportedly Used High-Pressure Tactics To Boost SMB Sales
AmEx Reportedly Used High-Pressure Tactics To Boost SMB Sales
March 01, 2020  |  SMBs

Small- to medium-sized businesses (SMBs) were duped by salespeople from American Express (AmEx) who reportedly misrepresented card rewards and fees in an effort to close...

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Latin America’s Dark, Crypto-Driven, Cybercrime Underbelly
Latin America’s Dark, Crypto-Driven, Cybercrime Underbelly
February 28, 2020  |  Security & Fraud

To get a sense of the new frontiers in cybercrime, and how cryptocurrency helps fraudsters cover their tracks or finance their schemes … look, perhaps,...

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Shark Tank Star Out $400K In Invoice Fraud Scam
Shark Tank Star Out $400K In Invoice Fraud Scam
February 27, 2020  |  B2B Payments

Invoice fraud scams continue to target businesses of all sizes and industries, with experts warning of a major spike in various iterations of business email...

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Today In Payments: US Firms In China Could Miss Projections By 50 Pct; Square Cash App Users Grow 60 Pct YOY
Today In Payments: US Firms In China Could Miss Projections By 50 Pct; Square Cash...
February 27, 2020  |  News

In today’s top payments news, U.S. companies in China warned annual revenue might be off by almost 50 percent due to the coronavirus, Square posted...

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ADP: Winning Gen Z Employees With Faster, Flexible Payroll
ADP: Winning Gen Z Employees With Faster, Flexible Payroll
February 27, 2020  |  Next-Gen Debit

Businesses and governments want the speed and convenience of issuing and accepting digital payments, but, at the same time, they cannot afford to alienate cash-dependent...

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