Legal consequences can be up to 20 years in prison, plus fines of more than $250,000. This scheme often combines with other ...

In a market accelerating toward instant payments and open banking, a siloed approach to fraud detection is no longer viable.

The Trump administration has increasingly used allegations of mortgage fraud to investigate and punish its enemies. This week, that push ratcheted up when President Donald Trump cited fraud ...

American households are entering 2026 with a new kind of financial threat: industrial‑scale scams powered by artificial ...

In 2023, traditional identity fraud cost banks, credit unions and financial institutions $23 billion, an increase of 13% from the year prior. New account fraud and account takeover fraud accounted for ...

An aging population combined with increased usage of long-term care insurance means more opportunity for misuse of funds and fraud, waste and abuse. That was the word from Jeff Ferrand, vice president ...

An April 2024 government report said that there could be $233 billion to $521 billion in fraud annually across the federal government, not just mandatory programs including Social Security. Government ...

Minnesota’s Legislative Auditor Judy Randall warned that reports of fraud in public programs would likely get worse before they got better. She was right. Late last month, the state Department of ...