The New Jersey Attorney General and Division of Consumer Affairs announced March 26 the launch of a new online portal. The tool aims to make it easier for financial professionals to report suspected ...

Although scammers will go after anyone, they often target elderly victims with fixed incomes. Classified as elder fraud, this is a rapidly growing crime. Reported losses more than doubled from 2023 to ...

When discussing risk in accounting, the focus typically shifts to fraud, intentional misconduct and bad actors. However, many of the most damaging issues in financial reporting and tax compliance stem ...

Credit reporting issues have consistently ranked among the top consumer complaints tracked by the Federal Trade Commission’s Consumer Sentinel Network. According to the FTC’s 2024 data book, reports ...

In 2023, an estimated $3.1 trillion in illicit funds flowed through the global financial system. Projected global losses from scams and bank fraud schemes exceeded $485 billion. [1] Fines and ...

Identifying and assessing the risks of material misstatement due to fraud are among the most challenging aspects of auditing in recent years, according to outreach conducted by the AICPA Auditing ...

By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1. Purpose. Promoting financial integrity and operational ...

How synthetic identities, deepfakes, and generative AI are forcing banks to rethink fraud prevention, identity assurance, and ...

Online fraud is spiraling, costing businesses tens of millions each year, and financial institutions are waking up to the reality that fraud is no longer just a compliance issue or a customer service ...

The financial industry is constantly reminding consumers of all the ways they -- the consumers -- make it easy for scammers to steal from them and why they need to be more careful. What they don't say ...

Add Yahoo as a preferred source to see more of our stories on Google. Selman Gedik/Getty Images If deleting and reporting scam texts and phone calls has become part of your daily routine, there's ...