fraud

AT&T is facing a government lawsuit for allegedly letting scammers overrun a calling service for the deaf, then sticking taxpayers with the bill.

Fraud cost organizations 2.1 percent of earnings in the past 12 months, which is equivalent to a week of revenues over the course of a year, according to the Kroll Annual Global Fraud Report, a recent survey that polled more than 1,200 senior executives worldwide.

Online fraud against UK merchants is at levels that have forced many to refuse orders from certain countries, with Nigeria, Ghana and the US heading the list, a new ecommerce report has found.

Dale Frantz, the one-time CIO of Auto Warehousing Co., was a rising star at the company who earned $250,000 -- and the respect of his peers. He was also a thief.

Check fraud is an old-fashioned kind of crime, but a criminal ring with ties to Russia is using modern cybercrime techniques, including botnets, online databases of financial information and check imaging archives, to run a highly automated, multi-million-dollar counterfeit-check operation.