A building fire in 2014 destroyed more than 2,300 archived gowns and dresses in Lebanese fashion designer Reem Acra’s esteemed collections. In June, the designer was awarded a stunning $38.7 million ...

Reaching never-seen-before levels, AI fraud is affecting companies of all sizes. This is how to respond and the top ...

New research from the U.K.’s Imperial College and France’s Emlyon Business School mapped out how Silicon Valley founders ...

Businesses could be prosecuted if they profit from fraud committed by one of their employees even if managers do not know about it, under new UK laws. The new “failure to prevent fraud” offence, which ...

U.S. public companies lost a median of 1.06% of their annual revenue to known frauds last year, amounting to billions of dollars, according to a new report. Processing Content The report, released ...

A broker-dealer and transfer agent ran a shell company fraud scheme, netting SEC penalties and permanent industry bars. Here's how a seemingly simple scheme worked for five years until it didn't. Carl ...

Cargo theft is evolving from regional smash-and-grab operations to sophisticated fraud schemes. Strategic theft now accounts for roughly a third of cargo crime, with incidents rising sharply in recent ...

The use of generative AI to create highly realistic synthetic video, audio, photos or text to circumvent security measures installed by financial services is on the rise and threatens to cost ...

As remote work has become the norm, a shadowy threat has emerged in corporate hiring departments: sophisticated AI-powered fake candidates who can pass video interviews, submit convincing resumes, and ...

A Long Island bus company operator is headed to prison, more than eight years after his company went bankrupt in a $9 million check-kiting scheme, authorities said. John Mensch, 55, was sentenced ...

Connor O'Brien earlier pleaded guilty to two counts of fraud by abuse of position.

Another month, another founder accused of fraud. This time it’s Christine Hunsicker of CaaStle, indicted on July 18 for allegedly falsifying financial records, misrepresenting profits, and continuing ...