Corporate Fraud
- Canadian prosecutors say case against Huawei CFO is about fraud, not sanctionsMeng's legal team argued in November that the Huawei chief financial officer could not be extradited to the United States because her alleged conduct was not illegal in Canada. Canada did not have sanctions against Iran at the time Canadian officials authorized commencing with the extradition, her lawyers said. Meng, 47, was arrested at the…
- Former Barclays banker ordered out of bed after 2008 heart attack to help save bankLONDON, Jan 9- A senior former Barclays banker told a London fraud trial on Thursday that he was ordered out of bed after a heart attack to help save the lender at the height of the credit crisis. But prosecutors for the UK Serious Fraud Office allege the three men lied to the market and…
- REFILE-UPDATE 3-Tesco suspends Chinese supplier after suspected prisoner messageTesco, Britain's biggest retailer, donates 300,000 pounds a year from the sale of the cards to the charities British Heart Foundation, Cancer Research UK and Diabetes UK. "Use the link to contact Mr Peter Humphrey." Peter Humphrey is a British former journalist and corporate fraud investigator.
- UPDATE 2-Tesco suspends Chinese supplier after prisoner labor reportTesco, Britain's biggest retailer, donates 300,000 pounds a year from the sale of the cards to the charities British Heart Foundation, Cancer Research UK and Diabetes UK. "Use the link to contact Mr Peter Humphrey." Peter Humphrey is a British former journalist and corporate fraud investigator.
- UPDATE 3-Canada's SNC-Lavalin settles Libya bribery case that shook Trudeau governmentMONTREAL/ OTTAWA Dec 18- A division of SNC-Lavalin Group Inc pleaded guilty to fraud and will pay a C $280 million fine, the company said on Wednesday, in a case related to projects in Libya that engulfed Canadian Prime Minister Justin Trudeau's government in crisis. SNC-Lavalin Construction pleaded guilty to one fraud charge. Federal prosecutor…
- UPDATE 2-Canada's SNC-Lavalin unit pleads guilty to fraud charge in Libya caseMONTREAL, Dec 18- A division of SNC-Lavalin Group Inc pleaded guilty to one fraud charge and will pay a C $280 million fine related to projects in Libya, the company said on Wednesday, in a case that engulfed Canadian Prime Minister Justin Trudeau's government in crisis. As part of the settlement, all charges against SNC-Lavalin…
Ecommerce Fraud
Study finds over half of buildings in U.S. prone to natural disasters newA cooperative study by University of Colorado and Boise State University researchers has found that more than half of U.S. buildings are in areas prone to natural disasters.
First responders conduct "aggressive persons" drill at high school in Washington state newFirst responders from emergency agencies throughout Washington and Benton counties in Washington state participated in a multi-regional response drill at Farmington High School.
Lewis Eakins joins Ivy Tech Community College as VP for Public Safety and Emergency Preparedness newPrior to this new role, Eakins served as Chief Security Officer and Director of Public Safety at Idaho State University with campuses located in Boise, Idaho Falls, Twin Falls, and the main campus in Pocatello.
NIST publishes draft cybersecurity framework for ransomware risk management newThe National Institute of Standards and Technology (NIST) has published a new draft on ransomware guidance for organizations.
The fine line of security’s role as a deterrent: How people process and technology influence response newThere has been a growing trend of retail location shoplifting. Combine this with new laws and pandemic-related demand, and the security officer’s role as a deterrent becomes more challenging than ever. 
New funding opportunities available for first responder technology R&D newThe Department of Homeland Security (DHS) Science and Technology Directorate (S&T) is seeking white papers from industry, academia, laboratories, and the innovation community for research and development into 10 new first responder technology funding opportunities.
Online Fraud
‘Scambaiting’: why the vigilantes fighting online fraudsters may do more harm than goodThe scambaiting community aims to disrupt online scammers – but some of their activity is ethically troubling.
Guelph police use their own ruse to get back iPad bought with fake cashA 24-year-old Toronto man has been arrested and charged with fraud, using counterfeit money and trafficking obtained by crime.
Scams
Fraudzy News
Get the latest news impacting the payments & fraud industry from chargebacks & payment fraud to cyber crime and affiliate & ad fraud. Fraudzy makes it easy to absorb the newest issues in the fraud industry and follow the latest trends in fighting fraud.
Help Us Improve
Have a news source you’d like to see listed? Get in touch and let us know.