Fraud News

Blockchain Can Help Save Companies Billions of Dollars with Fraud Protection: Research

Blockchain Can Help Save Companies Billions of Dollars with Fraud Protection: Research

JUL 07, 2017 | Joseph Young

Southwestern University of Finance and Economics professors in China believe that Blockchain technology can be used to save companies billions of dollars in losses resulting from the creation of fraudulent electronic files and unauthorized alteration of information.

 16143
Blockchain Project Aims to Combat Advertising Fraud

Blockchain Project Aims to Combat Advertising Fraud

JUN 12, 2017 | Joshua Althauser

Project adChain aims to combat advertising fraud using Blockchain technology.

 12226
Bitcoin Fraud Becomes More Frequent in India: Law Enforcement Agencies

Bitcoin Fraud Becomes More Frequent in India: Law Enforcement Agencies

MAR 07, 2017 | William Suberg

An Indian law enforcement agent has told the local press Bitcoin fraud is “becoming more frequent” due to increased merchant uptake.

 1471   |    2
Cryptocurrency Exchange Yobit Investigated in Russia on Fraud Claims

Cryptocurrency Exchange Yobit Investigated in Russia on Fraud Claims

MAR 06, 2017 | William Suberg

Cryptocurrency exchange Yobit is currently under investigation by Russian authorities, which are threatening to block it over alleged fraudulent activity.

 1400   |    4
Despite Rising BTC Price, Bitcoin Yet to Become Totally Independent

Despite Rising BTC Price, Bitcoin Yet to Become Totally Independent

FEB 21, 2017 | Iyke Aru

Nigeria Blockchain Alliance (NBA) has recovered the funds of several individuals who had fallen victim to bad actors within the space who attempted to defraud them

 83   |    2
Western Union Fined $586 Mln for Money Laundering, Fraudulent Transfers

Western Union Fined $586 Mln for Money Laundering, Fraudulent Transfers

JAN 20, 2017 | Frisco d'Anconia

Remittance giant Western Union has been fined $568 mln after admitting to money laundering and supporting fraudulent wire transfers. Blockchain-based technologies can prevent such criminal activities.

 396   |    3
Major Banks Settle $12 Bln Settlement, Corruption Unravelled

Major Banks Settle $12 Bln Settlement, Corruption Unravelled

DEC 26, 2016 | Joseph Young

Deutsche Bank AG has agreed to a $7.2 bln settlement with the United States government for allegations of loan modifications.

 226
Kenyan Government Uses IBM Blockchain to Prevent Academic Certificate Fraud

Kenyan Government Uses IBM Blockchain to Prevent Academic Certificate Fraud

DEC 22, 2016 | Joseph Young

The Kenyan government is utilizing blockchain to develop an immutable and transparent education management system, issuing academic certificates on a cloud-based blockchain network.

 148
Faster Bank Payments in 2017: Fiat Fraud Risks Increase, Bitcoin All Clear

Faster Bank Payments in 2017: Fiat Fraud Risks Increase, Bitcoin All Clear

DEC 13, 2016 | William Suberg

US agency that seeks to make payments faster from 2017 concludes: Speeding up banks’ fiat payments poses increased risks of losses while Bitcoin’s equivalent is foolproof.

 33
Debit Card Users Are at Massive Risk in India, Millions of Cards Compromised

Debit Card Users Are at Massive Risk in India, Millions of Cards Compromised

OCT 22, 2016 | Shivdeep Dhaliwal

Massive security breach puts Indian banking at risk. 3.2 mln debit cards may lose money. It is time to switch to digital currencies.

 99
Nigel Farage Former Aide Allegedly Caught in FBI Dark Web Sting Operation

Nigel Farage Former Aide Allegedly Caught in FBI Dark Web Sting Operation

AUG 15, 2016 | Niall Maye

Nigel Farage, the former Ukip leader's closest aide George Cottrell is in custody in the US awaiting trial on 21 charges including attempted extortion, money laundering and fraud.

 90   |    1
Blockchain Goes On A Brand Protection Mission, Fights Counterfeiting

Blockchain Goes On A Brand Protection Mission, Fights Counterfeiting

APR 06, 2016 | Iyke Aru

Counterfeiting and brand misrepresentation can be fought using the Blockchain technology in conjunction with other collaborative entities.

 23
Top 10 Bitcoin Fails: From Gambling, Ponzi to Mother of All Frauds

Top 10 Bitcoin Fails: From Gambling, Ponzi to Mother of All Frauds

APR 04, 2016 | Shivdeep Dhaliwal

We look at the 10 top bitcoin fiascos, related to money laundering, funding criminals, extortion, Ponzi and MLM, drug dealing, kidnapping, dodgy banks and the fall of Mt.Gox.

 557
Bitit Launches to Solve Bitcoin Biggest Issues - Accessibility and Fraud

Bitit Launches to Solve Bitcoin Biggest Issues - Accessibility and Fraud

MAR 31, 2016 | Charlie McCombie

Bitit launched its in-person Bitcoin programme in over 100,000 worldwide locations. It also hopes to launch its prepaid digital gift cards programme soon.

 32
Karma Strikes Martin Shkreli As He Loses $15 mln To a Fraud

Karma Strikes Martin Shkreli As He Loses $15 mln To a Fraud

FEB 17, 2016 | Neer Varshney

Martin Shkreli, dubbed by media as the “most hated man in the United States”, claims he lost $15 million set aside to buy Kanye West’s latest album, in a Bitcoin transaction.

 42
Blockchain Can Help Save Companies Billions of Dollars with Fraud Protection: Research

Blockchain Can Help Save Companies Billions of Dollars with Fraud Protection: Research

JUL 07, 2017 | Joseph Young

Southwestern University of Finance and Economics professors in China believe that Blockchain technology can be used to save companies billions of dollars in losses resulting from the creation of fraudulent electronic files and unauthorized alteration of information.

 16143
Blockchain Project Aims to Combat Advertising Fraud

Blockchain Project Aims to Combat Advertising Fraud

JUN 12, 2017 | Joshua Althauser

Project adChain aims to combat advertising fraud using Blockchain technology.

 12226
Bitcoin Fraud Becomes More Frequent in India: Law Enforcement Agencies

Bitcoin Fraud Becomes More Frequent in India: Law Enforcement Agencies

MAR 07, 2017 | William Suberg

An Indian law enforcement agent has told the local press Bitcoin fraud is “becoming more frequent” due to increased merchant uptake.

 1471   |    2
Cryptocurrency Exchange Yobit Investigated in Russia on Fraud Claims

Cryptocurrency Exchange Yobit Investigated in Russia on Fraud Claims

MAR 06, 2017 | William Suberg

Cryptocurrency exchange Yobit is currently under investigation by Russian authorities, which are threatening to block it over alleged fraudulent activity.

 1400   |    4
Top 10 Bitcoin Fails: From Gambling, Ponzi to Mother of All Frauds

Top 10 Bitcoin Fails: From Gambling, Ponzi to Mother of All Frauds

APR 04, 2016 | Shivdeep Dhaliwal

We look at the 10 top bitcoin fiascos, related to money laundering, funding criminals, extortion, Ponzi and MLM, drug dealing, kidnapping, dodgy banks and the fall of Mt.Gox.

 557
Western Union Fined $586 Mln for Money Laundering, Fraudulent Transfers

Western Union Fined $586 Mln for Money Laundering, Fraudulent Transfers

JAN 20, 2017 | Frisco d'Anconia

Remittance giant Western Union has been fined $568 mln after admitting to money laundering and supporting fraudulent wire transfers. Blockchain-based technologies can prevent such criminal activities.

 396   |    3
Major Banks Settle $12 Bln Settlement, Corruption Unravelled

Major Banks Settle $12 Bln Settlement, Corruption Unravelled

DEC 26, 2016 | Joseph Young

Deutsche Bank AG has agreed to a $7.2 bln settlement with the United States government for allegations of loan modifications.

 226
Kenyan Government Uses IBM Blockchain to Prevent Academic Certificate Fraud

Kenyan Government Uses IBM Blockchain to Prevent Academic Certificate Fraud

DEC 22, 2016 | Joseph Young

The Kenyan government is utilizing blockchain to develop an immutable and transparent education management system, issuing academic certificates on a cloud-based blockchain network.

 148
Debit Card Users Are at Massive Risk in India, Millions of Cards Compromised

Debit Card Users Are at Massive Risk in India, Millions of Cards Compromised

OCT 22, 2016 | Shivdeep Dhaliwal

Massive security breach puts Indian banking at risk. 3.2 mln debit cards may lose money. It is time to switch to digital currencies.

 99
Nigel Farage Former Aide Allegedly Caught in FBI Dark Web Sting Operation

Nigel Farage Former Aide Allegedly Caught in FBI Dark Web Sting Operation

AUG 15, 2016 | Niall Maye

Nigel Farage, the former Ukip leader's closest aide George Cottrell is in custody in the US awaiting trial on 21 charges including attempted extortion, money laundering and fraud.

 90   |    1
Despite Rising BTC Price, Bitcoin Yet to Become Totally Independent

Despite Rising BTC Price, Bitcoin Yet to Become Totally Independent

FEB 21, 2017 | Iyke Aru

Nigeria Blockchain Alliance (NBA) has recovered the funds of several individuals who had fallen victim to bad actors within the space who attempted to defraud them

 83   |    2
Karma Strikes Martin Shkreli As He Loses $15 mln To a Fraud

Karma Strikes Martin Shkreli As He Loses $15 mln To a Fraud

FEB 17, 2016 | Neer Varshney

Martin Shkreli, dubbed by media as the “most hated man in the United States”, claims he lost $15 million set aside to buy Kanye West’s latest album, in a Bitcoin transaction.

 42
Faster Bank Payments in 2017: Fiat Fraud Risks Increase, Bitcoin All Clear

Faster Bank Payments in 2017: Fiat Fraud Risks Increase, Bitcoin All Clear

DEC 13, 2016 | William Suberg

US agency that seeks to make payments faster from 2017 concludes: Speeding up banks’ fiat payments poses increased risks of losses while Bitcoin’s equivalent is foolproof.

 33
Bitit Launches to Solve Bitcoin Biggest Issues - Accessibility and Fraud

Bitit Launches to Solve Bitcoin Biggest Issues - Accessibility and Fraud

MAR 31, 2016 | Charlie McCombie

Bitit launched its in-person Bitcoin programme in over 100,000 worldwide locations. It also hopes to launch its prepaid digital gift cards programme soon.

 32
Blockchain Goes On A Brand Protection Mission, Fights Counterfeiting

Blockchain Goes On A Brand Protection Mission, Fights Counterfeiting

APR 06, 2016 | Iyke Aru

Counterfeiting and brand misrepresentation can be fought using the Blockchain technology in conjunction with other collaborative entities.

 23
Cryptocurrency Exchange Yobit Investigated in Russia on Fraud Claims

Cryptocurrency Exchange Yobit Investigated in Russia on Fraud Claims

MAR 06, 2017 | William Suberg

Cryptocurrency exchange Yobit is currently under investigation by Russian authorities, which are threatening to block it over alleged fraudulent activity.

 1400   |    4
Western Union Fined $586 Mln for Money Laundering, Fraudulent Transfers

Western Union Fined $586 Mln for Money Laundering, Fraudulent Transfers

JAN 20, 2017 | Frisco d'Anconia

Remittance giant Western Union has been fined $568 mln after admitting to money laundering and supporting fraudulent wire transfers. Blockchain-based technologies can prevent such criminal activities.

 396   |    3
Despite Rising BTC Price, Bitcoin Yet to Become Totally Independent

Despite Rising BTC Price, Bitcoin Yet to Become Totally Independent

FEB 21, 2017 | Iyke Aru

Nigeria Blockchain Alliance (NBA) has recovered the funds of several individuals who had fallen victim to bad actors within the space who attempted to defraud them

 83   |    2
Bitcoin Fraud Becomes More Frequent in India: Law Enforcement Agencies

Bitcoin Fraud Becomes More Frequent in India: Law Enforcement Agencies

MAR 07, 2017 | William Suberg

An Indian law enforcement agent has told the local press Bitcoin fraud is “becoming more frequent” due to increased merchant uptake.

 1471   |    2
Nigel Farage Former Aide Allegedly Caught in FBI Dark Web Sting Operation

Nigel Farage Former Aide Allegedly Caught in FBI Dark Web Sting Operation

AUG 15, 2016 | Niall Maye

Nigel Farage, the former Ukip leader's closest aide George Cottrell is in custody in the US awaiting trial on 21 charges including attempted extortion, money laundering and fraud.

 90   |    1
Blockchain Project Aims to Combat Advertising Fraud

Blockchain Project Aims to Combat Advertising Fraud

JUN 12, 2017 | Joshua Althauser

Project adChain aims to combat advertising fraud using Blockchain technology.

 12226
Faster Bank Payments in 2017: Fiat Fraud Risks Increase, Bitcoin All Clear

Faster Bank Payments in 2017: Fiat Fraud Risks Increase, Bitcoin All Clear

DEC 13, 2016 | William Suberg

US agency that seeks to make payments faster from 2017 concludes: Speeding up banks’ fiat payments poses increased risks of losses while Bitcoin’s equivalent is foolproof.

 33
Blockchain Can Help Save Companies Billions of Dollars with Fraud Protection: Research

Blockchain Can Help Save Companies Billions of Dollars with Fraud Protection: Research

JUL 07, 2017 | Joseph Young

Southwestern University of Finance and Economics professors in China believe that Blockchain technology can be used to save companies billions of dollars in losses resulting from the creation of fraudulent electronic files and unauthorized alteration of information.

 16143
Blockchain Goes On A Brand Protection Mission, Fights Counterfeiting

Blockchain Goes On A Brand Protection Mission, Fights Counterfeiting

APR 06, 2016 | Iyke Aru

Counterfeiting and brand misrepresentation can be fought using the Blockchain technology in conjunction with other collaborative entities.

 23
Debit Card Users Are at Massive Risk in India, Millions of Cards Compromised

Debit Card Users Are at Massive Risk in India, Millions of Cards Compromised

OCT 22, 2016 | Shivdeep Dhaliwal

Massive security breach puts Indian banking at risk. 3.2 mln debit cards may lose money. It is time to switch to digital currencies.

 99
Bitit Launches to Solve Bitcoin Biggest Issues - Accessibility and Fraud

Bitit Launches to Solve Bitcoin Biggest Issues - Accessibility and Fraud

MAR 31, 2016 | Charlie McCombie

Bitit launched its in-person Bitcoin programme in over 100,000 worldwide locations. It also hopes to launch its prepaid digital gift cards programme soon.

 32
Major Banks Settle $12 Bln Settlement, Corruption Unravelled

Major Banks Settle $12 Bln Settlement, Corruption Unravelled

DEC 26, 2016 | Joseph Young

Deutsche Bank AG has agreed to a $7.2 bln settlement with the United States government for allegations of loan modifications.

 226
Top 10 Bitcoin Fails: From Gambling, Ponzi to Mother of All Frauds

Top 10 Bitcoin Fails: From Gambling, Ponzi to Mother of All Frauds

APR 04, 2016 | Shivdeep Dhaliwal

We look at the 10 top bitcoin fiascos, related to money laundering, funding criminals, extortion, Ponzi and MLM, drug dealing, kidnapping, dodgy banks and the fall of Mt.Gox.

 557
Kenyan Government Uses IBM Blockchain to Prevent Academic Certificate Fraud

Kenyan Government Uses IBM Blockchain to Prevent Academic Certificate Fraud

DEC 22, 2016 | Joseph Young

The Kenyan government is utilizing blockchain to develop an immutable and transparent education management system, issuing academic certificates on a cloud-based blockchain network.

 148
Karma Strikes Martin Shkreli As He Loses $15 mln To a Fraud

Karma Strikes Martin Shkreli As He Loses $15 mln To a Fraud

FEB 17, 2016 | Neer Varshney

Martin Shkreli, dubbed by media as the “most hated man in the United States”, claims he lost $15 million set aside to buy Kanye West’s latest album, in a Bitcoin transaction.

 42

Cointelegraph News