Fraud covers a wide range of different scams and crimes. But almost all examples of fraud fall under two categories: Business fraudoccurs when customers, employees, or investors scam your business out of money or services. Personal fraudoccurs when another person, group, or company tricks you in...
The aptly named crimeware is a type of software or malicious code that sneaks into a user’s system disguised as a legitimate program or downloadable software. Once in the victim’s system, they are hard to detect and usually give the hacker some sort of remote access to their victim’s ...
Forensic accounting refers to finding evidence of financial crimes to assist investigators and courts in making informed decisions. Its types and applications include corporate fraud cases,tax evasion, divorce cases,insurance claims, money laundering, and more. ...
Information theft: Malicious actors have used botnets to cast a wide net to steal personal and organizational data which can be further abused to carry out fraud, impersonation, blackmail and financial crimes. Targeted intrusions: Botnets can be used to execute credential stuffing attacks, in which...
Even though the money used in money laundering is often associated with other crimes, money laundering is illegal on its own without any evidence that the money was illicit. Many nations have made money laundering a crime because of the relationship laundering has with nearly every other type of...
Computer crimes are on the rise, and cause financial and personal damage to the victims they affect. The easy accessibility of computers and the anonymous nature of the Internet have created new ways to perform illegal actions. Security measures are alwa
Money launderingerodes financial institutionsthrough corruption and the loss of consumer trust. The presence of these activities within the institution also creates operational risks that the bank or lender itself will be defrauded. Money laundering, when undetected, allows the underlying crimes to also ...
Upon encountering the prisoners, we learn their crimes were, for the most part, trivial infractions, which recontextualizes their long sentences and label of "examples" as those of the unjustly condemned. The prisoners don't particularly have a desire to be rescued only to be turned back over...
Forensicaccountantsanalyze thefinancial statementsof companies and individuals to look for tax fraud,money laundering,insider trading, scams, market manipulation, and other financial crimes. The goal is to discover these crimes, report them, prevent them if possible, and prosecute the individuals responsi...
In some cases, the fraudster might be motivated by a desire to simply experiment with the deception as a kind of entertaining mischief. In other cases, their motives might be financial, with the aim of stealing the victim’s information and then either selling that information on theblack mar...