FTX"s Nishad Singh pleads guilty to fraud charges
Former FTX engineer says he is 'unbelievably sorry' for his role in the alleged crypto scheme......»»
A fresh look at the current state of financial fraud
In this Help Net Security video, Greg Woolf, CEO at FiVerity, discusses how the emergence of sophisticated fraud tools powered by AI and recent upheavals in the banking sector have forged an ideal environment for financial fraud. This complex scenari.....»»
Feedzai Railgun protects customers against financial crime
Feedzai introduced Railgun, its next-generation AI engine designed to target and intercept financial fraud before it can occur. In order to scale, today’s risk engines force financial institutions to limit the data they use to make risk decisio.....»»
Vonage Protection Suite strengthens end-to-end communications security
Designed to enable developers and businesses to create counter-fraud safeguards that protect against the evolving threat of online fraud and cyberattacks, Vonage Protection Suite is a comprehensive portfolio of counter-fraud products and solutions th.....»»
Bureau raises $16.5 million to help users prevent fraud
Bureau is announcing an additional $4.5m from GMO VenturePartners, GMO Payment Gateway, and existing investors to complete its series A funding round at $16.5m. With the completion of the latest round, total funding for the startup has reached $20.5m.....»»
Select Apple Savings customers credited $100 after over-long withdrawal requests
Apple Savings customers that inadvertently triggered fraud protection from large withdrawals had to wait days or weeks for money, and now they are being credited $100 for the inconvenience.Apple SavingsIn June, Apple Savings customers reported that s.....»»
Does Jurassic Park reveal a guilty confession from Steven Spielberg?
The 1993 sci-fi film Jurassic Park works as both an entertaining blockbuster and a revealing confession about the damage Steven Spielberg did to modern movies......»»
Study finds car loan identity fraud grew in 2022
'Zombie debt' and other fraudulent attempts to manipulate credit report trade lines for customers seeking auto loans grew in 2022, fraud prevention provider Point Predictive said in its 2023 Auto Lending Fraud Trends Report......»»
Socure acquires Berbix to help customers combat online identity fraud
Socure acquired Berbix, a San Francisco-based startup that developed a high-accuracy document verification solution with a patent-pending forensics engine able to detect spoofed IDs – including AI-generated fakes – that are visually indistinguish.....»»
New Hampshire man pleads guilty to rerouting $2 million shipment of Apple products over bribe
A man in Nashua, New Hampshire has pled guilty to transporting shipments of stolen Apple products worth $2 million. As announced by the United States District Attorney’s Office in New Hampshire, Guangwei “William” Wu accepted a bribe of over $.....»»
Regula enhances solution for document verification to help users detect forgery
49% of organizations around the world had to deal with fake or modified physical identity documents in 2022, as Regula’s survey revealed. With this fraud always on the rise, Regula is reinforcing its solution for document verification with extra fe.....»»
Thief who stole $2 million of Apple gear faces a decade in prison
A Nashua man hired to transport $2 million worth of iPhones, iPads, and more Apple devices for a customer, has pleaded guilty to taking bribes to fake documents and reroute the shipment.Apple Pheasant Lane in NashuaAccording to the US Attorney's Offi.....»»
Reddit threatened protesting moderators: Subreddits ‘cannot remain closed’
Reddit threatened multiple moderators of subreddits, after they made the decision to remain closed as a continuing protest against the upcoming API charges that killed the popular third-party app Apollo. Effectively, they have been told that the sub.....»»
Holman, FedEx accused of odometer fraud conspiracy
The plaintiffs say the companies' actions have hurt small-business owners......»»
Forest fire risks mount in drought-hit Nordic nations
"I need water", pleads farmer Lars Jonsson, casting a desperate eye over a parched field in eastern Denmark where the only shade is that cast by wind turbines......»»
Former Buick-GMC employee in Michigan sentenced to 42 months in prison for embezzling
A former employee of a mid-Michigan Buick-GMC dealership was sentenced to prison for embezzling from the store. Amanda Root, 42, was found guilty on one count of embezzlement of $100,000 or more and two counts of filing false tax returns......»»
Lead admin of child sex abuse website pleads guilty, faces 20 years to life
DOJ: Website had "section devoted to the sexual abuse of infants and toddlers." Enlarge (credit: Getty Images | Charles O'Rear) A man described as the lead administrator of a child sexual abuse website pleaded guilty to.....»»
Google’s ad tech dominance spurs more antitrust charges, report says
Google's ad revenue amounted to nearly $225 billion in 2022. Enlarge (credit: 400tmax | iStock Unreleased) This week, the European Union (EU) is preparing to lob yet another formal antitrust complaint against Google, Blo.....»»
All the Apple subreddits set to go dark in protest of Reddit"s API charges
Reddit communities, including some about Apple, will be going dark on June 12, as a form of protest against the site's decision to charge developers for access to its API.In April, Reddit issued an update relating to its Data API, with the changes in.....»»
Donald Trump has been indicted again, and he"s mad about it
Former U.S. president Donald Trump has been indicted again, and is insisting he's innocent again.Trump was previously indicted in March, with criminal charges relating to his alleged hush money payments to adult entertainer Stormy Daniels. This new i.....»»
AirTags used to uncover fraud in Turkey relief donations
AirTags and Find My have revealed how items donated by Mexicans for earthquake relief in Turkey were instead resold in Mexico City markets.An AirTag on a keyringIn February, Apple's AirTags were used to uncover how Singapore's government was exportin.....»»