Fraud Archives - Page 12 of 14

Compliance, Fraud, September – November 2017

Deconstructing a Fraudster

September 19, 2017April 26, 2024 /2 Comments

What part of committing fraud is a good idea? For fraudsters, in the short term, the answer is everything. However, in the long run, the answer is nothing. The reason for this is that over time the weight of deception will cause a fraud to...

Exclusive, Fraud

AML and Market Fraud Detection: Technology to the Rescue

August 25, 2017April 26, 2024 /Leave a comment

It is no secret that AML compliance is being revolutionized by the use of modern analytical and data management tools. At the heart of this enormous shift away from manually-intensive and strictly rules-based processes are the suite of artificial intelligence technologies, with their ability to...

Career Guidance, Fraud, June – August 2017

From Law Enforcement to AML and Fraud Compliance

June 9, 2017April 26, 2024 /Leave a comment

Throughout my career, I have been blessed to be associated with many outstanding and dedicated professionals. My post-college work experience in the public and private sectors has now spanned the better part of 45 years. I served in the U.S. government for 31 years...

AFC Challenges, Europe, Fraud, June – August 2017

Combating Cyber Fraud in Correspondent Banking

June 9, 2017April 26, 2024 /Leave a comment

Cybercrime is a major concern for banks around the world. Until recently, the focus of attacks has tended to be on banks’ customers through card and account detail compromises. But as criminals have become more sophisticated, they have raised their ambitions, and in a change...

Fraud, In Focus

Binary Options, Fraud and Money Laundering

May 31, 2017April 26, 2024 /4 Comments

Binary options are a risky business and one that arguably does not lend itself to money laundering because of the risk of losing everything, unless of course the launderer owns and manipulates the process end to end (e.g., owning a roulette table, fixing the wheel...

Fraud, Interviews

Jodi Gissel: Fighting Fraud

April 18, 2017April 26, 2024 /Leave a comment

ACAMS Today interviewed Jodi Gissel, a graduate professor at Marquette University, to discuss the Justice for Fraud Victims Project and the impact students are making in the fight against financial crime. Jodi Gissel joined Marquette University in 2010 after earning her Ph.D. from the University...

AFC Challenges, Fraud, March – May 2017

Cyber Security: Fake News, Bots, Botnets and Click Fraud

March 6, 2017April 26, 2024 /Leave a comment

Fraud, In Focus

When the Religious Fall Prey to Fraud

January 31, 2017April 26, 2024 /Leave a comment

According to the Federal Trade Commission’s “FTC Fraud Survey,” there is an estimated 10.8 percent of adults (25.6 million people) in the U.S. who were victims of fraud.1 It is hard to fathom an individual handing over their life savings to someone based solely on...

AFC Challenges, December 2016 – February 2017, Fraud

More Than 30 Pieces of Silver: Is your house of worship vulnerable to fraud?

December 9, 2016April 26, 2024 /Leave a comment

Judas Iscariot, one of the original 12 apostles, was given the responsibility of keeping the funds for Jesus of Nazareth and His group of followers. Ultimately, Judas betrayed his master for 30 pieces of silver. The rationale for his actions? He no doubt did...

AFC Challenges, Fraud, March – May 2016

Romancing the Scams

March 7, 2016April 26, 2024 /Leave a comment

In the late 16th century, a clever new scam was developed that targeted British citizens. Victims of this scam were led to believe that a wealthy Englishman was being held prisoner in Spain and that if they assisted with his release they would receive a...

ACAMS Today

The Magazine for Career-Minded Professionals in the Anti-Financial Crime Field

The deepfake dilemma: The rise of synthetic identity threats

The World Cup: A magnet for financial crime

From harmless wagers to global crime in sports betting

ACAMS celebrates AFC professionals with ACAMS Awards

AML/AFC trends in 2025 and emerging topics for 2026

The end of the “de minimis” exemption: Strengthening U.S. trade controls

Fraud