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 Halts Payday Loan Debt Scheme
FTC Halts Payday Loan Debt Scheme
March 31, 2016  |  Security & Fraud

The Federal Trade Commission said Wednesday (March 30) that it requested, along with the Illinois attorney general, and was granted, a request from a federal court to halt...

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Debt Collectors Are No. 1 — On The CFPB Complaint List
Debt Collectors Are No. 1 — On The CFPB Complaint List
March 30, 2016  |  CFPB

The Consumer Financial Protection Bureau said Tuesday (March 29) that it has released its newest monthly consumer complaint snapshot, which, as per usual, spotlights complaints...

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Customer Reporting Mishaps Cost Banks Billions
Customer Reporting Mishaps Cost Banks Billions
March 29, 2016  |  Security & Fraud

The biggest investment banks in the world have faced $43 billion in fines over the past several years, and research has shown that among the...

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Ex-NSA Director: ‘Cyberthreats As Bad As Ever’
Ex-NSA Director: ‘Cyberthreats As Bad As Ever’
March 22, 2016  |  Security & Fraud

“The threats in cyberspace are as bad as it’s ever been.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Ex-State Department Employee Sentenced For Cyberhacking Scheme
Ex-State Department Employee Sentenced For Cyberhacking Scheme
March 22, 2016  |  Security & Fraud

The Justice Department reported Monday (March 21) that a former State Department employee was sentenced to 57 months in prison, punishment for an international email...

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Oberthur Research Finds 80% Want This Credit Card Security Feature
Oberthur Research Finds 80% Want This Credit Card Security Feature
March 18, 2016  |  Security & Fraud

Embedded digital security company Oberthur Technologies released on Thursday (March 17) the results of a survey showing that 80 percent of respondents would be more likely...

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FTC Nabs Brokers For Selling Consumers’ Bank Credentials
FTC Nabs Brokers For Selling Consumers’ Bank Credentials
March 10, 2016  |  Security & Fraud

The Federal Trade Commission said on Wednesday (March 9) that it requested, and a federal district court granted, bans on seven people, Ideal Financial Solutions...

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