Theft

Nedap Launches Cloud-Based Loss Prevention Tool to Prevent Retail Theft
Nedap Launches Cloud-Based Loss Prevention Tool to Prevent Retail Theft
November 18, 2021  |  Security & Fraud

Radio frequency identification (RFID) firm Nedap has debuted its iD Cloud Loss Prevention, a cloud-based Software-as-a-Service (SaaS) program that enables merchants to recognize, assess and...

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Finablr Hires Firm To Investigate Potential Wrongdoing
Finablr Hires Firm To Investigate Potential Wrongdoing
July 23, 2020  |  Security & Fraud

After discovering over $1 billion in hidden debt in May, Finablr has hired law firm Skadden to investigate potential theft and wrongdoing in the company....

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Bitcoin Daily: Balancer Reports $500K Token Theft Attack
Bitcoin Daily: Balancer Reports $500K Token Theft Attack
June 29, 2020  |  Bitcoin

Balancer Pool suffered a complicated attack that took advantage of a technicality in its system, Coindesk reported. The identity of the attacker is still reportedly...

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Leader Of Russian Cybercrime Ring Pleads Guilty
Leader Of Russian Cybercrime Ring Pleads Guilty
June 28, 2020  |  Security & Fraud

One of the leaders of Infraud Organization, the international cybercrime network, has pleaded guilty to conspiracy, according to the U.S. Department of Justice. Sergey Medvedev,...

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Brooklyn Man Charged With Allegedly Swiping Some $12,000 In IRS Stimulus Checks From Mail
Brooklyn Man Charged With Allegedly Swiping Some $12,000 In IRS Stimulus Checks From Mail
April 30, 2020  |  Security & Fraud

Feng Chen, 31, of Brooklyn, New York, was charged with alleged theft of U.S. mail that included some $12,000 in government stimulus checks, other checks...

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Ex-Microsoft Engineer Guilty Of Pilfering $10M In eCurrency
Ex-Microsoft Engineer Guilty Of Pilfering $10M In eCurrency
February 26, 2020  |  Security & Fraud

A former Microsoft engineer was found guilty of 18 federal felonies after he stole $10 million worth of digital currency from his ex-employer and used...

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US Charges China’s Huawei With Trying To Steal Trade Secrets
US Charges China’s Huawei With Trying To Steal Trade Secrets
February 14, 2020  |  Security & Fraud

Chinese telecom firm Huawei was charged with racketeering and conspiracy to steal trade secrets on Thursday (Feb. 13), along with two of its U.S. subsidiaries,...

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The Rise Of Organized — And Disorganized — Crime In Physical Retail
The Rise Of Organized — And Disorganized — Crime In Physical Retail
January 18, 2020  |  Security & Fraud

They say the perfect crime is hard to commit, but last week in Spokane, Washington an intrepid burglar managed to pull it off at the...

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NY Man Gets Jail Time For $390K Card Skimming Scheme
NY Man Gets Jail Time For $390K Card Skimming Scheme
January 09, 2020  |  Security & Fraud

A New York man, 39-year-old Bogdan Rusu, was sentenced to 60 months in prison on charges of using credit card skimming tactics to steal $390,141...

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