Fraud

News and Articles About Fraud

A Startup Burned Through $700,000 in 10 Months Then Lied About Back Pay, Former Employees Say
Leadership

A Startup Burned Through $700,000 in 10 Months Then Lied About Back Pay, Former Employees Say

A marketing professional with a one-month career at a Silicon Valley startup shared a detailed account of one of the ugliest startup stories we've ever heard.
Julie Bort
How Ad Fraud Ruins the Internet
Marketing Bootcamp

How Ad Fraud Ruins the Internet

Ad fraud is infiltrating the Internet, and it affects every single one of us.
Eli Martin
Facebook 'Spam King' Sentenced to More Than 2 Years in Prison
Spam

Facebook 'Spam King' Sentenced to More Than 2 Years in Prison

Sanford Wallace compromised 500,000 Facebook accounts and sent more than 27 million spam messages.
U.S. Judge Rules Texas Tycoon Committed Tax Fraud
Fraud

U.S. Judge Rules Texas Tycoon Committed Tax Fraud

Judge Barbara Houser ruled that there was 'clear and convincing evidence' Sam Wyly committed tax fraud, rejecting his arguments that he relied on professional advisers to vet the offshore system.
Startup Looks to Connect Breached Data With Those Facing Likely Fraud
Startups

Startup Looks to Connect Breached Data With Those Facing Likely Fraud

The idea behind what is being dubbed the Compromised Identity Exchange is to charge those most likely to be hit with follow-on fraud for access to information that reduces their risk.
Global Financial Network SWIFT Warns Customers of Multiple Cyber Fraud Cases
Cyber Attacks

Global Financial Network SWIFT Warns Customers of Multiple Cyber Fraud Cases

This is the first acknowledgement that the Bangladesh Bank attack was not an isolated incident.
American Company Lost $100 Million in Largest Email Scam Ever, Government Says
Scams

American Company Lost $100 Million in Largest Email Scam Ever, Government Says

According to the lawsuit, the perpetrators carried out the scam by creating a fake email address that resembled that of one of the company's vendors in Asia.
Cyber Fraudsters Reap $2.3 Billion Through Email Wire-Transfer Scams
Cybercrime

Cyber Fraudsters Reap $2.3 Billion Through Email Wire-Transfer Scams

The cases involved some 17,642 businesses of all sizes scattered across at least 79 countries, according to the FBI.
5 Challenges Nobody Warns You About When Starting a Business
Starting a Business

5 Challenges Nobody Warns You About When Starting a Business

Unforeseen expenses, fraud and loneliness are a few problems you'll inevitably have to deal with.
Anna Johansson
5 Lesser-Known Challenges of Running an Ecommerce Store
Business Optimization

5 Lesser-Known Challenges of Running an Ecommerce Store

Problems in shipping, inventory management and taxes can sneak up on you.
Anand Srinivasan
Google Leads $75 Million Investment in Phone Fraud Startup
Fraud

Google Leads $75 Million Investment in Phone Fraud Startup

Pindrop, founded in 2011, is a voice security company that combats fraud by analyzing and assigning risk to phone calls.
Robert Hackett
'Pharma Bro' Martin Shkreli Arrested on Securities Fraud Charges
News and Trends

'Pharma Bro' Martin Shkreli Arrested on Securities Fraud Charges

The CEO of Turing Pharmaceuticals became infamous earlier this year when he drastically raised the price of a drug taken by AIDS patients.
Geoffrey Smith
5 Ways to Have Yourself a Secure Little Online Shopping Season
Make More Happen

5 Ways to Have Yourself a Secure Little Online Shopping Season

As criminals continue to evolve their tactics to steal personal and private information, it's becoming more difficult to identify holiday fraud.
Grayson Milbourne
4 Ways Advertising Agencies Can Protect Themselves From Click Fraud
Marketing Bootcamp

4 Ways Advertising Agencies Can Protect Themselves From Click Fraud

When click fraud strikes, it runs rampant, devouring budgets and negatively impacting performance. Here's how to protect yourself.
Eli Martin