PYMNTS
JANUARY 13, 2020
Approximately $185,000 worth of payroll fraud hit a Minnesota company, with local reports noting that a bookkeeper allegedly manipulated payroll data to overpay her salary. According to local Kentucky Today reports, $1.5 The scam reportedly lasted about five years, and the former bookkeeper has now been charged with felony theft.
PYMNTS
DECEMBER 5, 2019
The duo allegedly — and with the help of more than a dozen others — worked to deploy malware known as Dridex (aka Cridex and Bugat) and for committing wire and bank fraud. They are connected with a Russian hacking group known as Evil Corp., which has been known to release malware.
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PYMNTS
JULY 27, 2016
Credit card fraud complaints in the U.S. ValuePenguin analyzed data collected by the Consumer Financial Protection Bureau and found that there were approximately 70,000 credit card fraud complaints submitted in 2015. At the state level, the number of credit card fraud complaints were much more pronounced. Across the U.S.,
PYMNTS
NOVEMBER 30, 2020
As criminals relentlessly target financial systems, organizations require cutting-edge technology for fraud detection and risk management,” said Kurt Guenther , CSI’s group president of business solutions. “By Headquartered in Kentucky, CSI works with financial institutions (FIs) across the country to provide FinTech solutions.
PYMNTS
DECEMBER 5, 2019
The duo allegedly — and with the help of more than a dozen others — worked to deploy malware known as Dridex (aka Cridex and Bugat) and for committing wire and bank fraud. They are connected with a Russian hacking group known as Evil Corp., which has been known to release malware.
PYMNTS
JUNE 14, 2020
Nistor and the other defendants, including the owner of a car wash, pled guilty in the Eastern District Court of Kentucky. In other news, Vlad-Calin Nistor, former owner of the now-defunct Romanian crypto exchange CoinFlux, was one among 15 defendants who pled guilty to laundering $1.8
PYMNTS
APRIL 26, 2019
According to Threatpost, Ronnie Tokazowski, senior threat researcher at Agari , said, “For trends that we’re seeing, actors have been asking for gift cards instead of wire fraud, but still engage with wire fraud as well. The FBI received 100 complaints about this type of fraud, which garnered $100 million in stolen funds.
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