The US Department of Justice is set to return over $15.5 million to victims of a global securities fraud scheme, marking a significant restitution effort.

Although AI has introduced a new threat in the world of payments fraud, it has also emerged as the analytical backbone of next-generation fraud mitigation systems.

Add Yahoo as a preferred source to see more of our stories on Google. A Fort Lauderdale financial advisor was sentenced to 20 years after running a $94 million international Ponzi scheme that ...

Forty-four-year-old Dwayne Pitter, of Olympic Gardens, Kingston, has been charged with breaches of the Proceeds of Crime Act, the Law Reform (Fraudulent Transactions) (Special Provisions) Act, the ...

A major real estate fraud case tied to San Antonio has reached a pivotal moment after a local man pleaded ...

Indian national Atharva Shailesh Sathawane was originally in the US on a student visa, but he later got involved in an ...

Financial fraud in the U.S. has become so sophisticated that it now has its own internal economy, complete with supply chains and customer service. Banks need to wake up to the reality that the ...

Federal investigators say Minnesota has become a testing ground for "industrial-scale" fraud that siphoned public money away from children, low income families, and people with disabilities. What ...

Kevin Douse showed little reaction as judge detailed seven-year fraud that left some victims refinancing homes and taking on ...

Bankers have held for years that cybersecurity and fraud are sticking points as bad actors armed with the latest technology deftly pierce the defenses of financial institutions, their vendors and ...

A little-used reporting order, normally aimed at money laundering, is now at the center of a sweeping federal response to alleged fraud—and a broader political fight. Minnesota Governor Tim Walz has ...