Plaid CEO Zach Perret on AI Fraud, FedNow, and How U.S. Banking Can Catch Global Peers
When Plaid launched in 2013, its aim was to better integrate banking with the internet. Now, a dozen years later, ...
Tag: fraud
Disgraced news achor admitted to COVID fraud scheme in text to hubby: ‘We don’t quite qualify’
A former Emmy-nominated TV news anchor convicted in a billion-dollar COVID fraud scheme sent a scandalous text to her partner in crime ...
Ex-TV news anchor Stephanie Hockridge convicted in COVID relief scam
Stephanie Hockridge, a former Phoenix news anchor turned fintech entrepreneur, has been convicted of conspiracy to commit wire fraud in ...
Mark Zuckerberg’s Meta refuses to crack down on rampant scams from bogus ads to avoid losing revenue: report
Meta reportedly allowed thousands of bogus ads to run on its platforms while refusing to crack down on alleged cases ...
UnitedHealth stock drops 17% after reported Medicare fraud probe
UnitedHealth Group’s stock plunged Thursday morning after a report that the embattled insurance giant was being probed for Medicare fraud. ...
$100M New Jersey deli fraudster sentenced to six months in jail
The father-and-son fraudsters who pleaded guilty in a $100 million pump-and-dump scheme involving a New Jersey Deli were sentenced to ...
Student aid startup founder Charlie Javice lied to JPMorgan to secure $175M deal: prosecutor
A Florida woman deployed a “brazen fraud” to sell her student aid startup to JPMorgan Chase for $175 million after dramatically exaggerating ...
American Express to pay $230M settlement over claims of deceptive sales tactics
American Express said on Thursday it will pay about $230 million to settle criminal and civil probes into alleged deceptive practices in ...
Rank-and-file bank workers sell client data to online scammers: report
Bank staffers are selling client data in back-door deals with online fraudsters — helping to facilitate sophisticated scams that target ...
JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect ...
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