Fraud doesn’t mean what it used to. A string of high-profile federal prosecutions are falling apart as courts apply a newly narrowed legal definition of the crime. The latest case came this week in ...

Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of Science in Journalism. She has worked in multiple cities covering breaking news, politics, education, and more.

CHICAGO--(BUSINESS WIRE)--The Federal Reserve today announced an industry-recommended definition of synthetic identity fraud, which was developed by a focus group of fraud experts in response to a ...

A split panel of the U.S. Court of Appeals for the Second Circuit, in United States v. Chastain (No. 23-7038), recently voted 2-1 to vacate convictions for wire fraud and money laundering because of ...

Defense attorney Alina Habba called the assets at issue 'Mona Lisa" properties—meaning they couldn't be overvalued as long as there was a prospective buyer who would pay the stated price. The ...

Identity fraud is the unauthorised use of a person’s personal information by another person to commit a crime or deceive or defraud that person or a third party in order to take advantage of the ...

Identity theft is no longer limited to stolen credit cards or fraudulent bank transactions. As more personal information is stored, shared, and processed online, cybercriminals have developed ...