Legal consequences can be up to 20 years in prison, plus fines of more than $250,000. This scheme often combines with other ...

The rise in bank fraud has reached unprecedented levels, with a 70% increase in just one year, resulting in $5.8 billion in losses. According to the Federal Trade Commission (FTC), this surge has ...

Financial institutions face a rising tide of fraud, costing organizations a large share of their revenue and exposing significant vulnerabilities, particularly in digital channels and payments, ...

Zions Bancorporation’s massive loss sparks fears about hidden problems across America’s banking system A stunning fraud case has sent shockwaves through America’s banking system, leaving customers and ...