by Fraud Services | Jan 13, 2025 | fraud
Former Sahara Bank Directors Sentenced to Seven Years for Fraud Conviction In a significant development in the fight against financial fraud, two former directors of Sahara Bank, along with several documentary credit officials and bank operations staff, have been...
by Fraud Services | Jan 12, 2025 | fraud
British Sikh Siblings Jailed for Charity Fraud in the UK In a case that has sent shockwaves through the Sikh community and beyond, a British Sikh brother and sister duo have been sentenced to prison for orchestrating a charity fraud scheme that exploited the goodwill...
by Fraud Services | Jan 12, 2025 | fraud
Chainalysis Acquires AI Fraud Detection Startup Alterya for $150M In a significant move that underscores the growing importance of artificial intelligence (AI) in combating financial crime, blockchain analytics firm Chainalysis has announced the acquisition of...
by Fraud Services | Jan 11, 2025 | fraud
Bank Ordered to Repay $30,000 After Scammer Impersonates Staff Member In a recent case that highlights the growing sophistication of financial scams, a New Zealand bank has been ordered to reimburse a customer $30,000 after a scammer successfully impersonated a bank...
by Fraud Services | Jan 11, 2025 | fraud
Traffic Stop in Santa Rosa County Reveals Multi-State Fraud Scheme, Three Arrested A routine traffic stop in Santa Rosa County, Florida, has uncovered a sophisticated multi-state fraud operation, leading to the arrest of three individuals. The incident highlights the...
