The famous ancient Greek dramatist Sophocles once said he'd rather "fail in honor rather than succeed by fraud." Sophocles ...

The DOJ reveals a $6.5 billion nationwide healthcare fraud scheme, where perpetrators indulged in luxury items. HHS Assistant ...

AI is apparently good for the bottom line if your business is crime. Financial fraud schemes carried out with the help of artificial intelligence are 4.5 times more profitable than those that aren't ...

A New York-based former employee of TD Bank N.A., Cheungkin Lam, also known as Kelvin Lam, pleaded guilty yesterday to defrauding TD Bank customers and bribing an employee at another financial ...

March 24, 2026 - "Pig butchering" schemes, once considered a niche type of consumer fraud predominantly occurring overseas, have become a source of legal exposure for U.S. financial institutions that ...

A 71-year-old California tax preparer, Kerwin Aldric Jordan, has pleaded guilty to multiple federal charges after authorities said he filed fraudulent tax returns for clients and lied on COVID-19 ...

Fraud is evolving faster than ever, and so must the systems designed to stop it. As digital marketplaces scale globally and financial institutions support increasingly complex payment ecosystems, ...

Ramp reports that accounts payable fraud costs organizations about 5% of their annual revenue, emphasizing the need for ...

A Georgia woman recently received a sentence of nearly six years in federal prison for orchestrating a bank fraud and identity theft scheme that deceived major financial institutions using intercepted ...

Tom Geyer is an attorney for Columbus-based Bailey Cavalieri, an adjunct professor at Ohio State University’s Moritz College of Law, an expert witness on securities law and past commissioner of the ...

From the earliest days of commerce to the modern digital economy, the promise of quick wealth has remained one of humanity’s most enduring temptations. Long before the rise of the internet and ...

In a significant step to tackle emerging digital financial frauds, the Maharashtra legislature has passed amendments to the ...