Legal consequences can be up to 20 years in prison, plus fines of more than $250,000. This scheme often combines with other ...

Types of Insurance Frauds Committed Against Consumers Consumers who fall victim to these frauds can suffer financial loss, damage to their reputation, and may even face legal consequences. The ...

Discover white-collar crime, its types, and real-world examples such as securities fraud and money laundering, with cases ...

In a market accelerating toward instant payments and open banking, a siloed approach to fraud detection is no longer viable.

Spotting financial statement fraud is crucial. Learn key signs and detection methods to protect your investments from risky ...

In 2025, online fraud continued to proliferate, driven by identity fraud, advances in artificial intelligence (AI), and ...

Technology will have a huge role to play in fraud detection with GenAI and consortium analytics shown to have the most promise The NICE Actimize “2025 EMEA Financial Fraud Trends and Investment ...

Online information safety concept. Increasing the quantity of fraud issues. The word Fraud against going up red chart graph. 3D illustration about hacker attacks. American consumers face mounting ...

The rise in bank fraud has reached unprecedented levels, with a 70% increase in just one year, resulting in $5.8 billion in losses. According to the Federal Trade Commission (FTC), this surge has ...

There are concerns about the banking sector, and the impact of that turmoil on the global economy - Copyright AFP/File Richard A. Brooks There are concerns about the ...

Financial institutions face a rising tide of fraud, costing organizations a large share of their revenue and exposing significant vulnerabilities, particularly in digital channels and payments, ...