Fraud vs. Money Laundering: What’s the difference?
Financial crimes such as fraud and money laundering often tend to be interconnected due to the nature of both crimes. Where fraud affects people, governments, or businesses, there are usually criminal groups that need to disguise that money as legitimate for use....
What Is Fraud By False Representation? Examples
Fraud by false representation is an increasingly common issue, occurring when a person or a business deliberately lies or misrepresents the truth during a transaction. As detailed in Section 2 of the Fraud Act 2006, this type of fraud involves making a dishonest and...
Fake CashApp Scams: How to Avoid Them
Money transfer apps like Cash App have transformed daily financial interactions by allowing users to send and receive money swiftly. These apps allow for quick payments and bill splitting, but like many online transactions today, these apps come with certain...
What to Do If Someone Is Blackmailing Me on WhatsApp?
Messaging applications like WhatsApp have connected strangers from all over the world in a matter of seconds. However, this growing popularity has also made it easier to compromise users’ privacy and security, particularly through situations where personal...