Fraud
Fraud
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A report reveals Heartland Tri-State Bank's failure last year was due to its CEO being ensnared in a sophisticated investment scam that is taking more victims.
February 19 -
The New York-based firm said a hack last August compromised the personal identifiable information of 10,835 customers.
February 16 -
The accused, affiliated with Home Matters USA, reportedly took money from the victims and never delivered on the promised services.
February 15 -
The megabank failed to adequately protect and reimburse customers who were victims of wire-transfer fraud, according to a lawsuit by the New York Attorney General. Citi said that it follows all relevant laws and regulations.
January 30 -
Strategies used to falsify identities and property ownership highlight a public assistance vulnerability that could have implications for the mortgage industry.
January 30 -
The ransomware attack compromised the personally identifiable information of over 199,000 mortgage customers.
January 30 -
A little over 280,000 customers had their birth dates and Social Security numbers compromised during the cyber attack.
January 28 -
The lender didn't reveal whether the incident was related to a purported ransomware gang attack last March.
January 16 -
In a new filing with the Securities and Exchange Commission, the company attributed delayed transactions, loss of business to other providers and one-time expenses to reduced revenue but expected a limited effect on financial health.
January 16 -
Payments fraud is the most expensive kind, at $450B; anti-financial-crime execs are the most worried about real-time payments, a survey from Nasdaq and Oliver Wyman found.
January 16