In 2023, an estimated $3.1 trillion in illicit funds flowed through the global financial system. Projected global losses from scams and bank fraud schemes exceeded $485 billion. [1] Fines and ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Q: What are the most important steps consumers and ...

A recently unsealed federal indictment in Oklahoma offers a detailed look into an alleged mail theft and check fraud conspiracy, highlighting methods fraudsters are increasingly using across the U.S.

Noel Phillips can’t believe he was cleaned out so quickly — and easily. Noel Phillips’ world was shattered after being robbed of thousands of dollars by business imposter scammers. Tamara Beckwith/N.Y ...

A business bank statement tracks transactions, balances, and cash flow. Learn key components and tips for better financial management. A business bank statement is an official financial document ...

A woman leading a nationwide bank fraud scheme that attempted to steal $1.4 million was sentenced to six years in prison on Thursday, the Department of Justice announced. Amber Towndrow, 36, acquired ...

In 2024, consumers in the United States reported losing more than $12.5 billion to fraud—a 25% increase from 2023. This figure will continue to grow if banks do not begin to work together more ...

I went to the Singapore Fintech Festival to see what was going in the dynamic Asia-Pacific market and I was not disappointed. While I was very interested in the discussions around delivering financial ...

Collier County deputies arrested a man accused of impersonating another individual and making fraudulent bank transactions exceeding $150,000 at a local bank. Eugene Klayman used a fake driver’s ...

The Zelle payment app opened the door for crooks and con artists to steal hundreds of millions of dollars from consumers over several years, and some big banks are to blame for a chaotic rush to roll ...