Attacks on Australia’s government — including payments fraud — have been on the rise, scoring, cumulatively, tens of millions of dollars. Elsewhere, individual cases of BEC and tax fraud — also aimed at city agencies — get the spotlight here in the states.
One of the positive (or at least most promising) projects in the push toward more digital forms of payment and commerce concerns taxes — specifically, bringing more efficiency to a process that many consumers and businesses already consider a nightmare of paper-based bureaucracy. However, that opportunity...
UBS, the Swiss bank, is facing calls from French prosecutors to pay a fine of 3.7 billion euros for what it contends is helping wealthy people in the country evade taxes. According to a report in Reuters, UBS is facing accusations of laundering the proceeds...
Discussions about ID theft often involve hackers and cyberattacks gaining access to consumer and payment data. But action from the U.S. Federal Trade Commission (FTC) on Tuesday (Sept. 18) showed how eCommerce can enable other forms of ID theft. The federal agency said it shut...
March 11, 2019
One of the positive (or at least most promising) projects in the push toward more digital forms of payment and commerce concerns taxes — specifically, bringing more efficiency to a process that many consumers and businesses already consider a nightmare of paper-based bureaucracy. However, that opportunity for legitimate operators in the 21st century digital economy is […]
November 08, 2018
UBS, the Swiss bank, is facing calls from French prosecutors to pay a fine of 3.7 billion euros for what it contends is helping wealthy people in the country evade taxes. According to a report in Reuters, UBS is facing accusations of laundering the proceeds of tax fraud and illegally going after clients in France. […]
August 10, 2018
The judge in the federal tax fraud case against former Trump Campaign Chairman Paul Manafort called for a break in the case, as prosecutors sought to clarify comments made by...
April 20, 2017
The U.K. is losing as much $1.28 billion each year in value-added tax (VAT) due to fraud or errors from sellers who use the marketplaces of eBay and Amazon, reported...
March 23, 2017
It’s that time of year — tax season is officially underway. Everyone in the country has either already filed or is busy preparing to file their yearly taxes. While there’s always...
