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.

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.” Not exactly the most comforting words coming from Gen. Keith Alexander — the former director...

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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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Debt Collection Tops ID Theft On FTC Complaint List
Debt Collection Tops ID Theft On FTC Complaint List
March 02, 2016  |  Security & Fraud

Among the key subjects of complaints that washed over the Federal Trade Commission’s Consumer Sentinel Network last year included debt collection, identity theft and scams...

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