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.

The Sky’s The Limit For Kenyan Online Marketplace Sky.Garden
The Sky’s The Limit For Kenyan Online Marketplace Sky.Garden
August 14, 2017  |  Retail

Africa is getting its own version of Amazon. Or at least, Nairobi, Kenya, is, with potential to one day see this marketplace representing all major...

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Suspect Caught In Alleged London Cryptocurrency Fraud
Suspect Caught In Alleged London Cryptocurrency Fraud
August 11, 2017  |  Security & Fraud

Ding, ding, ding! And the winner of the newest frontier of financial fraud is cryptocurrency. Since the beginning of this year, businesses have raised $1...

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Uber Drama Is Driving Execs Out
Uber Drama Is Driving Execs Out
August 11, 2017  |  Ridesharing

If you’ve been thinking lately, “You know who hasn’t seen enough drama this summer? Uber,” then you’re in luck. CNBC reports news that Uber’s SVP of...

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Fraud Victim? No Automatic Refunds For You, Says Bank Chief
Fraud Victim? No Automatic Refunds For You, Says Bank Chief
August 10, 2017  |  Fraud Attack

Think you automatically qualify for an automatic refund when you’re a victim of bank fraud? Think again. You’d better take “duty of care,” at least...

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California To Look Into Auto Insurance Allegations At Wells Fargo
California To Look Into Auto Insurance Allegations At Wells Fargo
August 09, 2017  |  Security & Fraud

The state of California is gearing up to investigate allegations that Wells Fargo and National General Insurance sold residents insurance they didn’t need. According to...

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Coding Error To Blame In Breaches At Commonwealth Bank?
Coding Error To Blame In Breaches At Commonwealth Bank?
August 08, 2017  |  Security & Fraud

In regards to the Commonwealth Bank breaches — might it all have been due to coding errors? As Reuters reports, the Commonwealth Bank of Australia (CBA)...

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Wells Fargo May Find A Lot More Fake Accounts
Wells Fargo May Find A Lot More Fake Accounts
August 07, 2017  |  Banking

Wells Fargo warned late last week that a deeper dive into its sales practices raises the possibility for a “significant increase in the identified number...

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Uber Rented Drivers Cars It Knew Were Unsafe
Uber Rented Drivers Cars It Knew Were Unsafe
August 04, 2017  |  Ridesharing

Uber Technologies may have a new fraud problem on its hands after The Wall Street Journal reported news that Uber managers in Singapore leased the Honda...

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Slowing Down Faster Payments Fraud
Slowing Down Faster Payments Fraud
August 03, 2017  |  Security & Fraud

Fraudsters are good at what they do. Payments got faster, but so did criminals. Banks built more defenses, and bad guys jumped over them with...

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