Legal consequences can be up to 20 years in prison, plus fines of more than $250,000. This scheme often combines with other fraud types. Because of the complexity of this crime, investigating this ...

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 ...

As an ecommerce seller, there are multiple responsibilities juggled between you and your team -- sourcing product, quality control, customer service, SEO, HR. One of the tasks that is often overlooked ...

Brad Lynch started his 21-year career in the FBI chasing bank robbers, but he found his “sweet spot” as a special agent in ...

Mortgage fraud happens when someone omits or falsifies information in connection with the process of buying a house. This can be from predatory lenders trying to defraud borrowers or from borrowers ...

Walmart is cracking down on a growing type of fraud and it’s putting AI to work to help with the job. The country’s largest retailer said it continues to adopt strategies to prevent fraud and other ...

A forensic audit is an examination of a firm's or individual's finances to derive evidence that can be used in a court of law or legal proceeding.

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, ...

Fraud is no longer a peripheral threat; it is an endemic and rapidly evolving challenge for financial institutions. As the digital landscape expands, so do the opportunities for sophisticated ...