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.

Feds Charge Founders Of Mayweather-Endorsed Crypto Firm With Fraud
Feds Charge Founders Of Mayweather-Endorsed Crypto Firm With Fraud
April 03, 2018  |  Security & Fraud

The U.S. Securities and Exchange Commission (SEC) has charged two founders of a cryptocurrency company for an allegedly fraudulent initial coin offering (ICO) that raised...

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Bitcoin Trader Found Guilty Of Money Laundering, Using Bitcoin To Deal Drugs
Bitcoin Trader Found Guilty Of Money Laundering, Using Bitcoin To Deal Drugs
April 02, 2018  |  Bitcoin

An Arizona bitcoin trader has been convicted of using the cryptocurrency to launder drug money. According to a Justice Department announcement, Thomas Mario Costanzo —...

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How Fake News Drives Corporates To Redirect Their Security Strategies
How Fake News Drives Corporates To Redirect Their Security Strategies
March 28, 2018  |  B2B Payments

Researchers estimate U.S. eCommerce companies lost $6.7 billion due to fraud in 2016, and a significant portion of that stems from chargeback fraud. According to...

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UL: 3DS 2.0 Can Secure Merchants’ Omnichannel Ship
UL: 3DS 2.0 Can Secure Merchants’ Omnichannel Ship
March 28, 2018  |  Security & Fraud

When you turn on a light in your home, chances are the lamp meets the nationally recognized UL Standards, and says so on the tag....

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Spanish Police Arrest Leader Of Hacking Gang Behind Cobalt, Carbanak Attacks
Spanish Police Arrest Leader Of Hacking Gang Behind Cobalt, Carbanak Attacks
March 26, 2018  |  Security & Fraud

The leader of a cybercriminal gang responsible for the Carbanak and Cobalt malware attacks was arrested by Spanish police. Citing Europol, Reuters reported that Spanish police...

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FTC Cracks Down On Crypto Pyramid Scheme
FTC Cracks Down On Crypto Pyramid Scheme
March 16, 2018  |  Bitcoin

Those who claim that all cryptocurrencies are a pyramid scheme haven’t seen anything yet. On March 16, 2018, a federal court cracked down on four...

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Ethoca Launches Integrated Solution Suite To Eradicate 90 Percent Of Chargebacks
Ethoca Launches Integrated Solution Suite To Eradicate 90 Percent Of Chargebacks
March 16, 2018  |  Fraud Prevention

Ethoca, a provider of collaboration-based technology solutions for credit card companies and online merchants, has announced the launch of its new Integrated Solution Suite. The...

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March Madness: Payments And Commerce Style
March Madness: Payments And Commerce Style
March 15, 2018  |  News

Is your bracket ready? Beginning today, the annual March Madness college basketball tournament officially kicks off. While the best 64 teams in amateur basketball will...

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The ai Corporation Targets Issuers, Fuel Retailers With Fleet Solution
The ai Corporation Targets Issuers, Fuel Retailers With Fleet Solution
March 09, 2018  |  B2B Payments

U.K.-based The ai Corporation (ai) has announced the launch of a fleet card solution, reports in Bobs Guide said on Thursday (March 8). The ai Corporation...

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