Application fraud is a type of fraud that occurs when false information is provided in an application for a product or service. This is typically seen in the financial industry, where individuals may provide false information when applying for loans, credit cards, or other financial products. Application fraud can also occur in other industries, such as insurance, where […]
Bid shielding is a fraudulent practice in the digital advertising industry where a malicious advertiser intentionally manipulates the auction process to win ad inventory at a lower price. This practice is highly detrimental to the industry as it results in a loss of revenue for publishers, a decrease in the quality of ad inventory, and a […]
Rensselaer County is a county located in the state of New York, United States. In recent years, there have been allegations of voter fraud in the county, particularly during the 2020 presidential election. Here’s what is known about the allegations and the investigations that followed: Background on the 2020 Presidential Election in Rensselaer County In […]
Meaning Bogus tradesmen fraud, sometimes referred to as rogue traders or doorstep fraud, is a type of scam that involves individuals posing as legitimate tradespeople or service providers to deceive and exploit unsuspecting customers. These fraudsters often target vulnerable individuals, such as the elderly or disabled, and pressure them into paying for unnecessary or substandard […]
Accommodation addresses are used by fraudsters as a way to disguise their true identity and location. This involves using a false address, typically a rented mailbox or office space, to receive mail or packages that contain sensitive information or goods that have been purchased fraudulently. The use of accommodation addresses is a common tactic used in various types […]
Bank account fraud is a type of financial fraud that involves the unauthorized access and use of a bank account. This type of fraud can take many forms, including identity theft, phishing, and skimming. Bank account fraud can have serious financial consequences for the victim, including the loss of funds and damage to their credit score. In this […]
Table of Contents Introduction Bankruptcy-related fraud is a significant concern for creditors, investors, and the public, as it can lead to financial losses and undermine the integrity of the bankruptcy system. This article will explore the definition of bankruptcy-related fraud, its various types, methods for prevention, and how to report suspected cases of fraud. Definition […]
Anti-competitive behavior refers to any action that hinders or restricts competition in a given market. This can include a range of practices, such as collusion, price fixing, abuse of dominant market power, and mergers and acquisitions that lead to the creation of monopolies. Such behavior can result in higher prices, reduced innovation, lower quality products or […]
The rapid advancement of technology has created new opportunities for both legitimate financial transactions and malicious activities. By 2023, financial fraud has evolved into a multi-billion-dollar industry, with criminals constantly developing new techniques to exploit vulnerabilities in financial systems. This article explores some of the most innovative forms of financial fraud that have emerged in recent years. 1. Deepfake […]
Mobile phone fraud refers to any fraudulent activity that is carried out using mobile phones or mobile networks. This can include a wide range of activities, such as identity theft, phishing scams, and premium rate service fraud. Mobile phone fraud is a growing problem, with fraudsters using increasingly sophisticated methods to carry out their activities. […]