FICO

NOVEMBER 15, 2021

A book I’m currently reading, The Psychology of Fraud, Persuasion and Scam Techniques , opens with author Martina Dove explaining how she too fell victim to a purchase fraud. These examples show the breadth of ways people can become victims of scams. Case 1: CryptoRom.

Scams 105

Scams Romance Scams Crime Fraud Prevention 105

PYMNTS

FEBRUARY 20, 2020

“It’s an assumption that every fraud begins with a CFO, or the CFO is involved in the very beginning,” said Joseph Brazel, an accounting professor at North Carolina State University, and co-author of “Reporting Concerns About Earnings Quality: An Examination of Corporate Managers.”

Romance Scams 56

Romance Scams Email Compromise Business Email Compromise Phishing 56

PYMNTS

AUGUST 26, 2019

The Hill reported that the 252-count indictment was unsealed after authorities arrested 14 of the defendants in the United States; 11 of them had been based in Los Angeles; the remainder are outside the United States. The individuals are charged with using business e-mail compromise (BEC) scams to dupe victims.

Business Email Compromise 58

Business Email Compromise Romance Scams Scams Identity Theft 58

The Fintech Times

AUGUST 7, 2024

If you are ever in doubt as to whether a company or individual is legitimate, you can always search for them on the Financial Conduct Authority Register.” Know what types of scams deepfakes are likely to be used for. People don’t tend to broadcast lucrative investment opportunities on the internet.

Deepfake 64

Deepfake Scams Romance Scams AI 64

FICO

JULY 7, 2020

This can also take shape as a romance scam, where the criminal creates an enticing fake profile and builds a relationship with their unsuspecting victim. Quid pro quo scams offer a benefit to the victim in exchange for information. Report the scam to your bank and relevant government authorities. Quid Pro Quo.

Scams 97

Scams Smishing Phishing IRS 97

PYMNTS

OCTOBER 1, 2019

The top five frauds to which millennials report losing money are online shopping frauds, business imposters, government imposters, fake check scams and romance scams. Of that, online shopping accounted for $71 million in reported losses, and government imposter scams were close behind, with $61 million in reported losses.

Romance Scams 40

Romance Scams Consumer Federal Trade Commission Scams 40

PYMNTS

FEBRUARY 14, 2020

Romance scams — according to various data streams, including the FBI and Federal Trade Commission — have become an increasingly favored tactic among scammers and fraudsters looking to take advantage of the unwitting. In addition, niche dating sites can be a magnet for fraudsters and catfishers.

Romance Scams 70

Romance Scams Federal Trade Commission Scams FBI 70

FICO

SEPTEMBER 10, 2020

Typically, money mules are unwittingly tricked into depositing a fraudulent check into a bank account or into receiving money from accounts without authorization of the account owner. Romance scams , “make $100,000 from your kitchen table” scams and other cons can be made extremely compelling by cunning fraudsters.

Crime 52

Crime Money Laundering Online and Mobile Banking Romance Scams 52

The Fintech Times

MAY 22, 2024

Purchase scams accounted for 67 per cent of the total number of APP cases. Romance scams However, this type of scam isn’t the only cause for concern. Fraudsters abusing romance scams also utilise APP, tricking victims into believing they are in a relationship before stealing their money.

Scams 59

Scams Finance Push-to-Card Romance Scams 59

FICO

AUGUST 16, 2022

At FICO World 2022, I hosted a session where we talked about global fraud trends like authorized push payment scams and romance scams. Senior Director, Product Management. expand_less Back To Top. Tue, 08/16/2022 - 11:10. But here in the U.S.,

Compromise 52

Compromise Romance Scams Push-to-Card ATM 52

FICO

MAY 9, 2023

In the UK alone, scams have accounted for more than £1.3 Scams can take many forms such as romance scams, CEO scams and impersonation of bank officials, to name just a few. While at FICO, he has authored more than 120+ analytic patents, with 80 granted and 47 pending.

Scams 52

Scams AI Fraud Detection Romance Scams 52

FICO

FEBRUARY 25, 2022

The amounts paid, type of payee account, and profile of customer will be different for a scam that is leveraging a personal relationship such as a romance scam compared to those for an investment scam.

Scams 52

Scams Payee Romance Scams Payments 52

FICO

FEBRUARY 9, 2023

Home Blog FICO APP Scams: What Impact Will the PSR’s Proposals in the UK Have? As the PSR’s response to authorized push payment fraud moves towards becoming law, what will the results be? million stolen through fraud in the UK last year, payment scams (or authorised push payment fraud or APP scams) accounted for 41%.

Scams 52

Scams Push-to-Card Romance Scams Regulations 52

FICO

JUNE 14, 2022

We heard about taxi and fast-food scams where customers were distracted as large sums were being entered into card machines prior to PIN entry, as well as many variations on authorized push payment fraud.

Bots 52

Bots Scams Financial Crimes Romance Scams 52

Fintech News

DECEMBER 16, 2024

Singapore’s Shared Responsibility Framework (SRF) for phishing scams started today, officially implemented by the Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority of Singapore (IMDA). These scams require a different approach. How Will SRF Work?

Phishing 113

Phishing Scams Credential Romance Scams 113

Fintech News

MAY 8, 2025

The forced labor involves conducting online scams, such as cryptocurrency fraud, romance scams, or fake investment schemes, targeting victims around the world. Chinese authorities report that over 53,000 Chinese nationals, including trafficking victims, have so far been repatriated from scam compounds in northern Myanmar alone.

Scams 80

Scams Law Enforcement Crime Romance Scams 80