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.

Wells Fargo Fines Will Stand And May Grow, Says Trump
Wells Fargo Fines Will Stand And May Grow, Says Trump
December 08, 2017  |  Bank Regulation

In the latest bit of bank regulation news surrounding beleaguered Wells Fargo, the tweets come from the top — from the top of the governmental...

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Today In Data: Digital Ordering For QSRs, Retail Closures And High Cyber Fraud
Today In Data: Digital Ordering For QSRs, Retail Closures And High Cyber Fraud
December 07, 2017  |  Today In Data

Today in PYMNTS’ data, fast food chains are reporting consumer satisfaction following implementation of mobile order-ahead offerings, retail stores are closing at a near-record pace,...

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A Season To Shine For Startup Emailage
A Season To Shine For Startup Emailage
December 05, 2017  |  Startup Check-In

This time of year can be firefighting season for security companies as increased retail volumes invite increased cyber fraud attempts. And indeed, startup Emailage has...

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Picking Up The Bill On Consumer Trust, Post-Data Breaches
Picking Up The Bill On Consumer Trust, Post-Data Breaches
December 05, 2017  |  Security & Fraud

The public may learn of data breaches much more promptly if three senators get their way on a proposed Senate bill, the Data Security and...

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FTC Files Complaint To Stop Credit Card Interest Scam
FTC Files Complaint To Stop Credit Card Interest Scam
December 05, 2017  |  Security & Fraud

The Federal Trade Commission announced Monday (Dec. 4) it filed a complaint in a federal district court in Orlando to stop a credit card interest...

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SEC Puts The Hammer Down On ICO Scam
SEC Puts The Hammer Down On ICO Scam
December 05, 2017  |  Fraud Prevention

The Securities and Exchange Commission (SEC) announced news on Monday (Dec. 4) that it obtained an emergency asset freeze to stop an initial coin offering...

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Retail Fraud Online Actually Went Down For Black Friday
Retail Fraud Online Actually Went Down For Black Friday
December 01, 2017  |  Retail

Here’s a nice change of pace going into the weekend: It looks like online fraud did something unsual for Black Friday this year. It went...

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The Cyber Grinch Is Coming To Retailers
The Cyber Grinch Is Coming To Retailers
November 30, 2017  |  Security & Fraud

Fraudsters have been making their lists and checking them twice, and it’s not going to make for a very happy holiday for retailers. Fraud is...

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Lather. Rinse. Do Not Repeat. Inside Transaction Laundering, Inc.
Lather. Rinse. Do Not Repeat. Inside Transaction Laundering, Inc.
November 29, 2017  |  Security & Fraud

Ever wonder why it’s called “laundering money?” It’s because this type of fraud literally started with laundromats. In the 1920s, laundromats were a novel business....

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