ToolCASE

Two New Columbia Pennsylvania residents were indicted on charges of defrauding Nu Community Credit Union and its members out of $1.2 million over the course of several years. The duo, Mindy L. [...]

There are various ways fraudsters can get someone’s credit card information nowadays. Since most transactions are done digitally, financial institutions are becoming more alarmed about these [...]

Following a five-day bench trial, Olayinka Peter Olaseinde of Rhode Island was convicted of a bank fraud conspiracy targeting financial institutions, businesses and private individuals. His [...]

Christopher A. Montalbano of Vestavia, AL, has been sentenced to 180 months (15 years) imprisonment for his role in a massive bank and credit union fraud scheme. In addition to his sentence, [...]

Bank and Credit Union fraud teams should be on the lookout for the rise in Bank Identification Number (BIN) Attacks. Fraudsters are using a new technology that allows them to “decrypt” bank/debit [...]

Businesses are continuously innovating through the use of modern technology, with one of the most advanced being Artificial Intelligence (Ai). Ai offers increased convenience for many businesses [...]

There may be no better example of how transactional artificial intelligence tools could be used to help combat elder abuse and financial fraud than with the case of Sharri Lynn Smith; a woman [...]

– Could Ai Have Caught Him in The Act… Years Ago? – Jerome Walter Kiggundu, formerly of Georgia, was sentenced to 48 months in prison, fined $2,500 and ordered to serve 3 years [...]

Money laundering is a prevalent problem in the United States. Today, new technologies can help fraud teams prevent money laundering activities by deep-screening and monitoring accounts and [...]

A California-based physician, Donald Woo Lee, has been sentenced to nearly 8 years in prison for billing Medicare $12 million for unnecessary or non-performed procedures; a practice known as [...]