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The mobile payment tools also help protect customers' credit card information, said Philip Blank, managing director for the security, risk and fraud practice of the financial services research company Javelin Strategy and Research.
The Washington office has tried to expand its securities fraud practice by hiring several lawyers from the Securities and Exchange Commission, which is two blocks away, the official said.
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That's a fraud practiced by people like Mr. Madoff, in which ever-increasing numbers of people are enticed by the promise of high, steady returns.
— Eric Asimov ABC News: Diluted extra virgin olive oil, adulterated pomegranate juice, tea laced with lawn grass: food fraud practiced by suppliers is up 60 percent this year, according to the United States Pharmacopeial Convention, a nonprofit group.
Eleven members and former members of Scientology Belgium have gone on trial in Brussels, accused of fraud, practicing illegal medicine, violating privacy laws, extortion and "running a criminal organization," according to the prosecutor.
The regulators who currently have some police power failed to use it before the crash -- as exemplified by the systematic fraud practiced in peddling complex subprime mortgages to people who could not hope to pay them back.
Some big news coming out of MA: looks like Scott Brown worked as a real estate attorney and title agent for the parent company of a company named LPS, which happened to be one of the very worst offenders in the foreclosure fraud industry (so bad that one of their subsidiaries was featured on a 60 Minutes profile of mortgage fraud practices).
The law also provides for sects, as well as individual members, to be punished for fraud, illegal practice of medicine, wrongful advertising or sexual abuse.
Pay-per-click advertising is not without its problems especially "click fraud", the practice of generating bogus clicks for devious reasons, such as making a rival advertiser pay for nothing.
A deep and true artist in his soul, he's also a guilt-ridden fraud in practice, and when his scheme is exposed, he takes off on a solitary trip of penance.
Republicans beat back a Democratic demand that would have allowed whistle-blowers to sue on behalf of the government as a way to fight fraud, a practice followed by the federal government and several other states.
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