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.

China Shuts Down $64B Illegal Transaction Operation
China Shuts Down $64B Illegal Transaction Operation
November 23, 2015  |  International

Late last week China confirmed it cracked down on an “underground bank” that was responsible for moving nearly 410 billion yuan ($64 billion) in illegal...

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eBay Enterprise Exposes Retail Holiday Fraud Vulnerabilities
eBay Enterprise Exposes Retail Holiday Fraud Vulnerabilities
November 19, 2015  |  Security & Fraud

Fraud experts at eBay Enterprise released the results of the omnichannel commerce provider’s Holiday Fraud Index, which shows that criminals are evolving the methods in...

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CFPB Cracks Down On Another Online Lender
CFPB Cracks Down On Another Online Lender
November 19, 2015  |  News

The Consumer Financial Protection Bureau has taken action against Integrity Advance, an online lender, and James R. Carnes, the chief executive officer of the firm....

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Fraud Forecast Increases For Online Holiday Shopping
Fraud Forecast Increases For Online Holiday Shopping
November 18, 2015  |  Mobile Commerce

The holiday shopping season may see growth in the gift that no one wants and which keeps on giving — fraud. New research from ACI...

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