Fraud: Page 3
Beware of Getting Scammed — Here's How to Safeguard Your Business Against Predatory Lending
Following a few financing best practices can help you avoid predatory lending schemes and protect your business from harm.
How to Detect and Prevent Accounts Payable Fraud
Fraud is widespread but also very preventable. Learn about common types and the best ways to protest yourself and your company.
Los Angeles Man Indicted for Decade-Long Telemarketing Scam Defrauding Elderly Victims of Over $4.5 Million
The scammers allegedly posed as company reps offering advertising and related services to current and former timeshare owners.
Elizabeth Holmes Is Jailhouse Bound. Disgraced Theranos Founder Begins Prison Sentence
The former Theranos CEO is set to serve 11 years in prison after she was convicted on multiple charges of defrauding investors.
Former Amazon Manager Sentenced to 16 Years in Prison for $9.4 Million Fraud Scheme
The former operations manager recruited others to help her, including an Amazon loss prevention employee and a senior human resources assistant.
A Messaging App With a $1.17B in Valuation Shuts Down After Investigation Finds 95% of Users Were 'Bots'
IRL once boasted nearly 400% growth experienced over 15 months. However, that wasn't the whole truth.
An Iconic New York City Wine Store Is Facing a Criminal Investigation
Luxury wine purveyor Sherry-Lehmann, which has been in business for 89 years, allegedly owes customers over $1 million in wine that never arrived. The retailer also owes nearly $2.7 million in unpaid sales tax.
California Colleges Are Flooded With 'Ghost Students' Attempting to Steal Financial Aid
About 20% of applications for California community colleges are fraudulent, according to the State Chancellor's Office.
'We Were Sucked In': How to Protect Yourself from Deepfake Phone Scams.
Phone fraudsters are using AI to clone the voices of loved or trusted people to rip them off. Here's how to detect if the phone is real or robot.
A Wegmans Employee Allegedly Stole Over $500,000 from the Company
Alicia Torres pleaded guilty to crimes carried out over nine years while working at Wegmans in Webster, New York.
I Worked Side By Side With Elizabeth Holmes. She Seemed Like a Visionary, but We Were All Duped — and It's a Comfort to See Justice Served.
"Silicon Valley's 'fake it until you make it' mentality. That rhetoric is just a way to condone lying to people."
3 Arrested on Felony Charges for Allegedly Perpetrating a $4 Million 'Substantial Food Stamp Fraud Ring' With Stolen Data
The alleged fraud scheme illegally obtained electronic benefit transfer (EBT) card data from 8,000 people.
Massachusetts Father-Son Duo Slammed With Nearly 10-Year Prison Sentence for Perpetrating an 'Elaborate' $20 Million Lottery Scheme
The "ten-percenting" scam cost more than $6 million in federal tax loss and affects 40 licensed lottery sellers across the state.
Millennial App Founder Arrested for Fraud in $175 Million JPMorgan Deal Pleads Not Guilty
The SEC alleges Frank founder Charlie Javice lied about her financial aid app's user base to push forward the sale.
Apple Says the Company Prevented Over $2 Billion Potentially Fraudulent App Store Transactions in 2022
The tech giant also said it blocked nearly 3.9 million stolen credit cards from being used and rejected about 1.7 million app submissions that failed to meet Apple's privacy and security standards.