The Best Method For Detecting Insider Bank Fraud
In 2020, the FBI arrested an Amazon employee after issuing more than $96,000 in fraudulent refunds. To achieve this fraud, the Amazon insider created multiple buyer accounts to purchase [...]
$1.4 Million Stolen From Banks and Credit Unions
Three Miami, Florida residents have been sentenced for their roles in $1.4 million stolen from Banks and Credit Unions.
Bank Defrauded Out of $157,256.92
Batch Processes in Core Banking Systems Becoming a Major Issue Clarence Wigfall Jr., from Granite City Illinois, has admitted to defrauding a bank out of more than $157,000. According to the [...]
Fraud Investigator Facing 14 Fraud-Related Charges
Could This Real-Time Fraud Detection and Prevention System Have Stopped Him? Steven Knigge, a retired fraud investigator with the South Dakota Department of Revenue, is facing fraud-related [...]