The Evolving Face Of The Fight Against Fraud
PYMNTS, 03 May 2021
Fighting fraudsters is a problematic realm in the digital era because fraud stubbornly refuses to be a static target.
Instead, digital fraud is an ever-evolving and improving field of endeavor that is always readying for its next evolution. It looks for its next entry point and adopts the latest technology or methodology to make getting the job done — and making off with ill-gotten data or funds — easier to do from the inside and harder to detect from the outside. Continue reading “Article: The Evolving Face Of The Fight Against Fraud”
Another bitcoin mixing service fraud gets caught with the help of the International Revenue Service, this time catching a suspect of 336 million dollars.
Colombo, May 1: India and the US have designated themselves as “strategic partners” with political, economic and military dimensions to the relationship. But the partnership has kept coming under strain.
Just about three months ago, I wrote a blog post which featured this quote, from Charles P. Kindleberger’s Manias, Panics and Crashes: “Swindles are a response to the appetite for wealth (or plain greed) stimulated by the boom.” Since then, the number of frauds, or swindles, that has been revealed has soared, a clear testament to both the breadth and degree of greed inspired by the current boom.