Category Fraud

Fraud is defined as “deceit, trickery, sharp practice, or breach of confidence, especially in order to gain unfair or unlawful advantage.” It is a crime that can be committed in many different ways, but it typically involves deception or misrepresentation. Fraud can have a serious impact on victims, both financially and emotionally. If you think you have been a victim of fraud, you should report it to the authorities immediately.

Anti-Competitive Behavior: Definition And Prevetion

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…

Financial Fraud in 2023

New Forms of Financial Fraud in 2023

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…

Personal Loan Scams And Frauds Protections Advices

Every market is driven by demand, and the financial services industry is no different. With the industry’s growth and the entrance of new participants, there is also an undesirable corollary that has been appearing more frequently. This frightening trend of…

Who Is Legally Responsible for Credit Card Scam

Cyber and malware attacks are very common today in the finance industry. Detecting them is complicated and hard. Regular implementation of protective measures against new attacks is necessary.  Traditional protective measures such as CVV2 and one-time passwords are not effective…

Online Scams You Need to Avoid Today

Today with modernization and lifestyle evolution, new forms of convenience and speed appear in our everyday actions, but the forms of theft and deception evolve in different forms. We truly want to believe that the Internet is a safe place where you can’t fall for all types of online scams, but it’s always good reminder to do a “reality check”. We, humans, can become an easy target for malicious actors who want to steal our most valuable personal data. Criminal minds can reach these days further than before, into our private lives, our homes and work offices. And there is little we can do about it. Attack tactics and tools vary from traditional attack vectors, which use malicious software and vulnerabilities present in almost all the programs and apps (even in the popular Windows operating systems), to ingenious phishing scams deployed from unexpected regions of the world, where justice can’t easily reach out to catch the eventual perpetrators. According to a report from the Federal Trade Commission (FTC), Millenials are particularly more vulnerable to online scams than seniors, as shocking as it may seem. The research finds that “40 percent of adults age 20-29 who have reported fraud ended up losing money in a fraud case”. Source: Federal Trade Commision For this reason, we need to know what are the most popular techniques malicious actors are using to get unauthorized access to our private information and financial data. We must not forget their final target is always our money and there is nothing they won’t do to accomplish their mission. Use the links below to quickly navigate the list of online scams you need to stay away from right now. Phishing email scamsThe Nigerian scamGreeting card scamsBank loan or credit card scamLottery scamHitman scamRomance scamsFake antivirus softwareFacebook impersonation scam (hijacked profile scam)Make money fast scams […]
Law School Scam

Law School Scam: Charlotte School of Law Closes

Charlotte School of Law, a beset revenue driven law school, has closed down, state authorities affirmed — making it the country’s second authorize law school to close its entryways this year. Law School Scam Despite the fact that Charlotte Law…