Who are the best fraud fighters?
Seasoned fraud expert PJ Rohall has recently become the new Head of Fraud Strategy & Education at SEON. In this Help Net Security interview, he talks about how he entered the industry, about the evolving fraud landscape, and offers advice to other fr.....»»
Feedzai raises $200M at a $1B+ valuation for AI tools to fight financial fraud
On the heels of Jumio announcing a $150 million injection this week to continue building out its AI-based ID verification and anti-money laundering platform, another startup in the space is levelling up. Feedzai, which provides banks, others in the f.....»»
Police raid home of vaccine text fraudster
More than 6,000 cases of Covid-related fraud and cyber-crime have been recorded by the UK's police forces during the pandemic......»»
Covid fraud: £34.5m stolen in pandemic scams
More than 400,000 frauds and other cyber-crimes have been reported to police during the pandemic......»»
SF Poop-Testing Startup, Once Compared to Theranos, Charged in $60 Million Fraud Scheme
A married pair of San Francisco entrepreneurs were indicted Thursday on multiple federal charges, the latest twist in the saga of a once trendy, now bankrupt fecal matter-testing startup. From a report: Zachary Schulz Apte and Jessica Sunshine Richma.....»»
Can VW"s Electric Cars Compete With Tesla"s?
The New York Times reports: Not long ago Volkswagen was a global pariah after pleading guilty to the biggest emissions fraud in automotive history. Now it is the toast of the stock market, with its shares worth twice as much as they were a year ago......»»
SpaceX Engineer Pleads Guilty To Selling Insider Trading Tips On Dark Web
An anonymous reader quotes a report from Reuters: An engineer working for Elon Musk's SpaceX pleaded guilty on Thursday to conspiracy to commit securities fraud by selling insider tips on the "dark web," the U.S. Department of Justice and Securities.....»»
Fraud prevention platform Seon raises a $12M Series A round led by Creandum
Seon, which lets online businesses fight online fraud like fake accounts has raised a $12 million Series A round led by Creandum, with participation from PortfoLion, part of OTP Bank. The funding appears to be one of Hungary’s larger series A round.....»»
Google blocks 3.1 billion ads in a tumultuous 2020, says annual Ads Safety Report
The report lists misinformation around COVID-19 and the political climate as well as ad fraud as top concerns last year. Please visit Search Engine Land for the full article......»»
Wise accuses former Brazil banking partner of smear campaign after ‘unfounded’ accusations of fraud
Wise, the London-headquartered company that made its name offering international money transfers and is reportedly planning an IPO, has accused its former banking partner in Brazil of a “smear campaign” after it was accused of fraud ̵.....»»
Theranos founder Elizabeth Holmes is pregnant, likely delaying her criminal trial
Elizabeth Holmes, the founder of failed biotech company Theranos, is pregnant -- a new development that could once again delay the start date of her highly-anticipated criminal fraud trial......»»
Impressive hire at first, now facing fraud charge
New York State Police arrested Joseph Pompo on suspicion that he stole more than $1 million from Fuccillo Automotive last year to form a reinsurance company......»»
Feds indict John McAfee for cryptocurrency pump-and-dump fraud
"I am not pumping for my gain," McAfee wrote. Prosecutors say that wasn't true. Enlarge / John McAfee on his yacht off the coast of Cuba in 2019. (credit: Adalberto ROQUE / AFP / Getty) Federal prosecutors have indicted noted cybersecurity ecc.....»»
Anti-virus software creator John McAfee charged with fraud in cryptocurrency scam
Anti-virus software creator John McAfee has been charged in the US with conspiracy to commit fraud and money-laundering......»»
US Says John McAfee Indicted Over Fraudulent Cryptocurrency Schemes
John McAfee, creator of the eponymous anti-virus software, has been indicted in Manhattan federal court on fraud and money laundering conspiracy crimes, stemming from two schemes concerning the fraudulent promotion to investors of cryptocurrencies, o.....»»
John McAfee facing charges for alleged cryptocurrency "pump and dump" scheme on Twitter
John David McAfee, the eccentric antivirus software pioneer, has been indicted on fraud and money laundering charges by the Department of Justice, which alleges he and a business partner participated in a scheme that earned more than $13 million by f.....»»
John McAfee charged with fraud over cryptocurrency
The businessman is accused of promoting cryptocurrency to his followers to inflate prices......»»
John McAfee faces fraud and money laundering charges in crypto "pump-and-dump" scheme
The US District Court case, unsealed on Friday, charges John David McAfee and Jimmy Gale Watson Jr with racketeering-related crimes. If convicted on all counts, the two could face up to 100 years in prison......»»
Top Insurance industry trends for 2021
The Insurance industry is mostly expected to search for growth through new service-based models, innovative products and better focus on fraud prevention. 2020 has been a year of unprecedented disruption for many industries, and insurance companie.....»»
Identiq, a privacy-friendly fraud prevention startup, secures $47M at Series A
Israeli fraud prevention startup Identiq has raised $47 million at Series A as the company eyes international growth, driven in large part by the spike in online spending during the pandemic. The round was led by Insight Partners and Entrée Capital,.....»»
Pandemic helped romance scammers make a record $304 million in 2020
A Federal Trade Commission report notes that for three years running, people reported losing more money to romance scams than any other type of fraud identified in the FTC’s Sentinel database. Last year saw individual median losses reach $2,500......»»