Fraud

News and Articles About Fraud

Paging Cindy, If She Exists. (And Why It's Important If She Doesn't.)
Fraud

Paging Cindy, If She Exists. (And Why It's Important If She Doesn't.)

The Internet has flattened the world, but also is fraught with danger. Luckily, the Web has tools to protect yourself and your business.
Issamar Ginzberg
In Landmark Move, FTC Takes Action Against Kickstarter Campaign Fraud
Crowdfunding

In Landmark Move, FTC Takes Action Against Kickstarter Campaign Fraud

A project creator was charged with using 'unfair or deceptive acts' to raise more than $120,000 on the crowdfunding platform, which he allegedly spent on personal expenses.
Laura Entis
IRS Hack Affects More Than 100,000 Taxpayers
Security

IRS Hack Affects More Than 100,000 Taxpayers

While its main computer was unaffected, the agency has shut down the breached application.
Nina Zipkin
Serial Entrepreneur Arrested for Scamming CrossFit Investors
Fraud

Serial Entrepreneur Arrested for Scamming CrossFit Investors

Josh Newman is known for his work in venture capital, film and fitness – and now, allegedly, for defrauding investors.
Kate Taylor
4 Ways to Protect Your Business Against Employee Fraud and Theft
Ask the Money Guy

4 Ways to Protect Your Business Against Employee Fraud and Theft

Putting these strategies in place will discourage bad behavior.
4 Reasons Merchants Should Make the Switch to EMV Now
Point of sale systems

4 Reasons Merchants Should Make the Switch to EMV Now

Later this year, the more secure point-of-sale terminals will be required by law and most likely expected by consumers.
Tyler Vaughey
Zynga to Face Lawsuit Alleging Fraud Tied to IPO
Legal Issues

Zynga to Face Lawsuit Alleging Fraud Tied to IPO

The 'FarmVille' maker is accused of defrauding shareholders about its prospects before and after going public in 2011.
Learn Nontraditional Ways to 'Know Your Customers'
Fraud

Learn Nontraditional Ways to 'Know Your Customers'

Take steps to prevent fraud, like checking the quality of your payment-processing provider.
Peter Daisyme
Protect Your Company From Resume Fraud
Hiring

Protect Your Company From Resume Fraud

Unfortunately, fraud extends to job candidates, so make sure to do due diligence and verify the details.
Doug and Polly White
Snuggie Maker Wrapped Up in Not-So-Cozy Advertising Fraud Charges
Fraud

Snuggie Maker Wrapped Up in Not-So-Cozy Advertising Fraud Charges

Turns out Allstar's 'buy one, get one free' ad hook was allegedly cloaked in trickery. Now the as-seen-on-TV giant is forking over $8 million to settle charges that it hoodwinked customers.
Kim Lachance Shandrow
Hong Kong's Central Bank Warns Against Investing in Bitcoin in Wake of Alleged Pyramid Scheme
Bitcoin

Hong Kong's Central Bank Warns Against Investing in Bitcoin in Wake of Alleged Pyramid Scheme

When MyCoin suddenly shut down, some $387 million in investor cash bit the dust. Officials suspect that the exchange scammed customers all along.
Kim Lachance Shandrow
Monster Sues Apple's Beats Over Alleged Fraud
lawsuits

Monster Sues Apple's Beats Over Alleged Fraud

Audio-equipment maker Monster, which helped create Beats by Dre headphones, says it was unfairly cut out before Beats was sold to Apple last year.
EMV, CNP, OMG: Big Things Are on the Way in 2015 for Financial Tech
Technology

EMV, CNP, OMG: Big Things Are on the Way in 2015 for Financial Tech

Credit and debit cards may get a little safer, but theft online will grow. And Bitcoin still won't gain big traction.
Matt Rothstein
Oh, Snap! Instagram Has More Users Than Twitter.
Instagram

Oh, Snap! Instagram Has More Users Than Twitter.

The photo-based social network announced a verified user feature, taking a page from Twitter, which it has just surpassed in user numbers.
Catherine Clifford