Romance fraud
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The $4.4 trillion shadow economy
Nasdaq report warns of “industrialized” crime crisis that is significantly outpacing the legitimate global economy.
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Backed into a corner: Why pressure on Iran is expanding its options
The conflict in the Gulf is more than a security event; it is a live stress test of risk management. Ben Todd offers six steps for organizations operating in the region.
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On the eve of Valentine’s Day, regulators warn of romance-driven scams
As Valentine’s Day approaches, several US regulators are confronting a costly form of fraud.
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OPINION: Romance fraud, vulnerable victims, and missed red flags
Former fraud squad detective Tony McClements tells us what the FCA’s review really means for banks and investigators.
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The romance fraud risk paradigm
Pathlight Associates examine the evolving risk landscape for banks and payment service providers (PSPs) as romance fraud reaches epidemic proportions.
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In discussion about romance fraud and why tackling it matters
We talk about how people fall victim to romance fraud, the sums involved, and what financial services need to be doing to combat it.
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Banks must do more to prevent romance fraud, says FCA
The FCA’s review of romance fraud cases in the UK suggests measures for detection, prevention and supporting victims. We summarise the key findings.