Kenya banks snoop on staff with AI in war against fraud
Commercial banks have deployed artificial intelligence (AI) technologies to spy on their staff in fresh efforts to combat fraud and…
CFTC Wins $31 Million Fine In Crypto Fraud Case
The US Commodity Futures Trading Commission (CFTC) has won a massive fine against fraudulent crypto investor Abner Alejandro Tinoco and…
Short Sellers Feel Heat After US Charges Andrew Left With Fraud
(Bloomberg) -- Trampled by markets and attacked by angry executives, short sellers now find themselves confronting their biggest worry yet:…
AI and machine learning helped Visa combat $40 billion in fraud activity
Blocks forming robot on white background.Yuichiro Chino | Moment | Getty ImagesPayments giant Visa is using artificial intelligence and machine…
Russian duo confess to cyber heist that forced $500 million in ransom payments
Two Russian nationals pleaded guilty to their roles in ransomware attacks in the U.S., Asia, Europe and Africa for a…
Boeing to plead guilty to criminal fraud charge stemming from 737 Max crashes
Rescuers work at the scene of an Ethiopian Airlines flight crash near Bishoftu, or Debre Zeit, south of Addis Ababa,…
Charlie Munger Said He And Warren Buffett Always Self-Insure — You Should Too If You Can Afford It: ‘Don’t Pay For The Other Fellow’s Fraud’
Just months before his passing at the ripe old age of 99, Charlie Munger, the ever-sharp vice chairman of Berkshire…
US wants Boeing to plead guilty to fraud over fatal crashes, lawyers say | Aviation
The United States Justice Department is pushing Boeing to plead guilty to criminal fraud in connection with two deadly plane…
US charges 193 people in $2.7bn healthcare fraud crackdown | Business and Economy News
Nearly 200 people have been charged in a sweeping nationwide crackdown on healthcare fraud schemes with false claims topping $2.7bn,…
Federal Jury Makes History By Ruling Crypto Manipulation As ‘Securities Fraud’
In a landmark case brought by the US Department of Justice (DOJ), two individuals have been convicted of manipulating the…
