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Fraud
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
Roobet Launches New Game, Snoop’s High Rollers, in Collaboration
Thought Leadership
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
Roobet Launches New Game, Snoop’s High Rollers, in Collaboration
Thought Leadership
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fraud
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Payments
Deepfakes Take Center Stage in Financial Fraud
Unveiling the puppets of profit.
Wednesday, 10/04/2024 | 16:00 GMT
by
Pedro Ferreira
Payments
Retail Hemorrhage: Global Fraud Eats $429 Billion While Consumers Take a Beating
The fight against retail fraud is an ongoing battle, but not an unwinnable one.
Tuesday, 09/04/2024 | 16:00 GMT
by
Pedro Ferreira
Payments
Secure Online Payments and Finding Peace of Mind for Every Purchase
Proactive Online Payment Security Measures for 2024.
Thursday, 04/04/2024 | 16:00 GMT
by
Pedro Ferreira
Payments
Trust Vs. Tech: Can the Payments Industry Have Both?
From frictionless transactions to fraudulent finesse: Revelations from recent reports.
Monday, 01/04/2024 | 16:00 GMT
by
Pedro Ferreira
Retail FX
CFTC Busts Forex Fraud: Individual to Pay $3.4M in Restitution and Penalty
The scheme misappropriated over $24 million from at least 220 customers.
Earlier, the company and another individual were ordered to pay $22.4 million in penalties.
Friday, 22/03/2024 | 05:36 GMT
by
Arnab Shome
Retail FX
Fraudsters' New Frontier: Identity Fraud Soars 21% on Social Media
Organized crime groups are shifting tactics to establish the credibility of fake accounts.
Europe's implementation of regulations like MiCA has mitigated attacks despite the Bitcoin frenzy.
Friday, 15/03/2024 | 16:06 GMT
by
Jared Kirui
Payments
Consumers, Financial Institutions & Fraudsters: The Good, the Bad and the Ugly of Fraud
On how to safeguard young consumers from financial fraud.
Monday, 11/03/2024 | 16:00 GMT
by
Pedro Ferreira
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Retail FX
Canadian Regulator Sounds Alarm on Rising Investment Frauds
It urged people to verify information sources before making any decision.
The caution came when social media was flooded with financial advice.
Friday, 08/03/2024 | 10:15 GMT
by
Arnab Shome
FinTech
The Silent Guardian: Clean Data's Crucial Role in Fortifying Financial Security
Clean Data's understated power.
Thursday, 25/01/2024 | 17:50 GMT
by
Pedro Ferreira
Retail FX
Tradewale's Deceptive Forex Scheme Ends in $2.8M Fine
The court penalizes the company and its founder for false FX fund claims.
Scammers promised unrealistic profits using artificial intelligence.
Thursday, 28/12/2023 | 15:56 GMT
by
Damian Chmiel
Retail FX
Action against Retail Forex Fraud: Companies, Individuals to Pay $60M for Settlement
The primary defendant was criminally convicted last year and sentenced for 23 years.
The schemes defrauded more than 800 investors of about $80 million.
Thursday, 21/12/2023 | 04:30 GMT
by
Arnab Shome
Payments
FedNow and the Looming Challenge of Authorized Push Payment Fraud
Real-Time risks: Accelerating payments, amplifying APP fraud risks.
Thursday, 14/12/2023 | 19:31 GMT
by
Pedro Ferreira
FinTech
Global Identity Fraud Shifts from Crypto to Payments, Study Reveals
The digital payments landscape experienced a surge of 56% in fraudulent activities.
The crypto sector witnessed a decline of 51% in instances of fraud.
Wednesday, 13/12/2023 | 19:35 GMT
by
Jared Kirui
Retail FX
SEC Targets Five Brokers in $525M Investment Fraud Scheme
Defendants allegedly pocketed $88M in undisclosed fees from investors.
These offerings drew investments from more than 4,000 individuals globally.
Thursday, 07/12/2023 | 14:45 GMT
by
Jared Kirui
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Retail FX
Fraud Prevention Is a Priority: Public and Private Sectors Must Come Together
Access to critical data sets can help identify fraudulent behavior and bad actors.
AI can be used to detect patterns and provide real-time data around transactions.
Monday, 04/12/2023 | 13:29 GMT
by
Duncan Sandys
Retail FX
Federal Court Drops $20 Million Fine on Ponzi Scheme Trader
The CFTC and the court fined Phillip Galles for conducting a fraudulent scheme.
Unfortunately, victims may not recover lost funds despite the ruling.
Thursday, 16/11/2023 | 12:27 GMT
by
Damian Chmiel
Retail FX
Serbian Man Faces 20 Years of Time for 20 Sham Trading Platforms
Over $70 million was stolen in fraudulent trading schemes.
The fraudster offered investments in cryptocurrencies and binary options.
Sunday, 05/11/2023 | 13:50 GMT
by
Damian Chmiel
FinTech
Are KYC and AML Protocols Enough to Curb Fraud?
A look into the financial services industry's fight against fraud.
Thursday, 02/11/2023 | 10:40 GMT
by
Pedro Ferreira
Trending
Revolut and the Fight against Financial Fraudsters
More staff funneled into ongoing battle.
The company’s FinCrime team doubles its headcount since 2021.
77,000 would-be crime fighters apply for roles.
Monday, 30/10/2023 | 12:36 GMT
by
Louis Parks
FinTech
Fintech and AI in Fraud Detection
A perfect match?
Thursday, 07/09/2023 | 11:30 GMT
by
Pedro Ferreira
Technology
Exclusive: Airsoft Named in Israeli Forex Fraud Investigation
The "complex" investigation "has just begun," an Israeli judge said.
The fraudsters operated fraudulent call centers in Bulgaria, Serbia, Ukraine, Georgia, Israel, and Kosovo.
Tuesday, 05/09/2023 | 20:21 GMT
by
Yam Yehoshua
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Retail FX
Breaking: Israeli Police Bust Massive Online FX Investment Fraud, Arrest Six
The fraudsters defrauded investors across Europe.
The mastermind of the fraud is still at large.
Tuesday, 05/09/2023 | 13:05 GMT
by
Arnab Shome
Retail FX
$310 Million Prop Trading Fraud: Regulators Freeze Assets of My Forex Funds
Action has been taken against two companies operating My Forex Funds and their owner.
The platform has more than 135,000 customers, who paid about $310 million in fees.
Monday, 04/09/2023 | 07:00 GMT
by
Arnab Shome
CryptoCurrency
The Fall of Moshe Hogeg: Israeli Mogul Accused of $290 Million Crypto Fraud
Hogeg collected hundreds of millions through four cryptocurrency projects.
However, the funds were used to finance illegal operations and his lavish lifestyle
Wednesday, 23/08/2023 | 10:47 GMT
by
Damian Chmiel
Payments
Overcoming Security and Privacy Concerns in Open Banking
Can blockchain tech help open banking?
Wednesday, 19/07/2023 | 12:12 GMT
by
FM Contributors
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