Most types of financial fraud are relatively straightforward: the fraudster uses creative accounting, inflated numbers, or out-and-out lies to trick their victim into handing over money or valuables ...

Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She has been in the accounting, audit, and tax profession for more than 13 years, working with individuals and a ...

Mortgage fraud has become a big focus for the Trump administration. But what exactly is mortgage fraud, and what are the penalties for committing it? In the last few weeks, the Trump administration ...

Payment fraud is an increasing and ever-evolving threat, impacting businesses of all sizes. According to the FBI’s 2024 Internet Crime Report, business email compromise (BEC) scams led to reported ...

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, ...

Walmart is cracking down on a growing type of fraud and it’s putting AI to work to help with the job. The country’s largest retailer said it continues to adopt strategies to prevent fraud and other ...

Checks are an ancient form of payment with beginnings tracing back to the Roman Empire – but demand for these payments shows no signs of abating. The North American reliance on checks may seem like an ...

Fewer than 40 people were sentenced for mortgage fraud in 2024, according to federal data Federal Reserve governor Lisa Cook, Sen. Adam Schiff and New York Attorney General Letitia James have all been ...