PYMNTS-MonitorEdge-May-2024

credit card laundering

FTC Says Proposed Consent Decree Prohibits Nexway From Helping Scammers
FTC Says Proposed Consent Decree Prohibits Nexway From Helping Scammers
April 17, 2023  |  Security & Fraud

A proposed consent decree will prohibit Nexway from providing credit card laundering for tech support scammers. The Federal Trade Commission (FTC) has filed proposed consent...

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Feds Eye Payments Processors, Phony Websites Over Fraud
Feds Eye Payments Processors, Phony Websites Over Fraud
July 22, 2020  |  Security & Fraud

The U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC) are cracking down on scams known as credit card laundering or transaction laundering,...

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No Place For Hate Group Transaction Laundering
No Place For Hate Group Transaction Laundering
September 01, 2017  |  Security & Fraud

Agree or disagree with the Second Amendment, there’s nothing wrong with a website selling goods like hats and t-shirts to people who wish to wear...

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