Fraud losses

Cryptocurrency fraud losses nearly doubled last year in this country, a marked contrast with the rest of the world, where they actually fell by around half.

A study from Surfshark found that crypto scams cost their victims about five times as much money as losses from other cybercrimes.

A new Medicare policy sets out how government auditors will review data on patient illnesses and recover excess payments that aren't justified.

The Olympic sprinter quoted lyrics on his Twitter account that, in part, read: "The History of Evil...What is the Root?...MONEY."

"Everyone thinks accounting and auditing is boring — until something like this happens," said Global Digital Asset & Cryptocurrency Association CEO Gabriella Kusz.

Nevada led the way among the states in having the highest rate of business fraud, according to new research, but it wasn’t alone in having high rates of fraud.

The typical case of fraud costs $8,300 per month, and the median duration of each fraud case was 14 months.

The founder of the apparel licenser allegedly inflated the company's revenue and earnings.

Companies lack adequate anti-fraud staff and resources and are seen as more likely to fall prey to fraud than in the past, according to a new report.

Better (Microsoft) Team, the importance of two-factor authentication, and eight other things that happened in technology this past month and how they’ll impact your clients and your firm.

A young accountant shares a cautionary tale of red flags ignored and a nonprofit victimized.

Forensic accountant Tiffany Couch shares three stories from her files, with valuable lessons for finding and preventing fraud.

Simple steps for stopping one of the common forms of business theft.

Business travel expense fraud is estimated to cost U.S. organizations $1.9 billion per year, based on a new survey.

Almost one out of two large global companies experienced some form of fraud, theft, money laundering or other financial crime in the past year, according to a new report.

Financial control weaknesses can develop in any organization, opening the door to fraudsters.

The Association of Certified Fraud Examiners reported a sharp drop in the percentage of cases handed over to authorities, declining to only a little over half.

What are the most common tactics of employees looking to defraud companies on their expense reports, and how is artificial intelligence helping catch them?