Fraud
Fraudster Billed JPMorgan $73 Million for Legal Fees
When JPMorgan acquired Charlie Javice‘s start-up Frank for $175 million in 2021, it agreed to pay her legal fees if she got in trouble. Then she got into trouble....
Meta Allowed Scam Ads In China to Protect Revenue
Meta ignored scam ads from China, even though it knew users were being defrauded. According to a Reuters investigation, Meta made about $18 billion in ad revenue from China...
5 Ways to Counter Fraud During Peak Online Shopping Season
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Although you’re under pressure to boost conversions during peak season, you must resist the temptation to lower security standards....
Charlie Javice Sentenced Following JPMorgan Fraud Case
JPMorgan discovered that Charlie Javice had made up millions of fake users. Key Takeaways Charlie Javice was sentenced to 85 months in prison for defrauding JPMorgan Chase. Javice’s finance...
I Eliminated Expense Fraud and Waste With This One Simple Tool | Entrepreneur
Opinions expressed by Entrepreneur contributors are their own. A few months ago, I wrote about resource misuse warning signs, and the response was overwhelming. But fellow entrepreneurs kept asking:...
How to Protect Your Company From Deepfake Fraud | Entrepreneur
Opinions expressed by Entrepreneur contributors are their own. In 2024, a scammer used deepfake audio and video to impersonate Ferrari CEO Benedetto Vigna and attempted to authorize a wire...
OpenAI CEO Sam Altman Is Terrified About AI Bank Fraud | Entrepreneur
Sam Altman, the CEO of $300 billion AI startup OpenAI, is asking finance industry leaders to stay ahead of AI trends — and to avoid voice authentication at all...
5 Signs of Internal Company Theft — and How to Catch It Early | Entrepreneur
Opinions expressed by Entrepreneur contributors are their own. In 2023, Apple revealed a case of serious internal fraud. A longtime employee had exploited his access to procurement systems, diverting...
