The Department of Justice announced on Thursday that Mario Flores, an illegal immigrant from Honduras, was sentenced to eight ...

Nearly two thirds of Americans have encountered fraud or know someone who has in the past three years, according to the CFP ...

A Southern California man will spend seven years in jail after orchestrating a multi-million dollar financial fraud scheme ...

One of the largest corporate fraud cases of the 21st century is Enron, dubbed "America's Most Innovative Company" by Fortune ...

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 ...

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

Tackling financial fraud has become more difficult than ever in recent years, thanks to the increasing prevalence of AI (artificial intelligence) in financial fraud. A recent report from Signicat has ...

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 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 ...

The accounts payable (AP) department is one of the most vulnerable areas of fraud for any business. As the central hub for a company’s outgoing funds, AP is a common target for bad actors looking to ...

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, ...

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 ...