Social Media Ideas for Bank Fraud

Bank frauds in J&K: Cases plunge 78%, money involved soars 306%

Jammu and Kashmir has witnessed a sharp escalation in the value of banking and financial fraud despite a steep decline in the number of reported cases, with frauds involving Rs 322...

When fraud controls start working against you (Ben O'Brien)

UK Finance data puts total payment fraud losses at £1.28bn, up 4% year on year, with APP fraud alone...

Fighting Fraud with Fraud Intelligence: What India’s New Digital Payment Intelligence Corporation Means for Banks

Introduction Every digital fraud alert a bank sends out today tells only part of the story. A fraudster caught moving money through one bank’s mule account has often already opened...

Mule Accounts and Cyber Fraud: Supreme Court’s Directions on the Proposed RBI SOP and Their FinTech Implications

Introduction UPI, mobile banking, digital wallets and prepaid payment instruments have made moving money faster and easier than ever. Unfortunately, the same infrastructure that ma...

$545,000 Wire Fraud Raises the Stakes for Contract Payments

A $545,000 wire fraud loss recently made national headlines when a South Carolina coastal town sent that amount to what it thought was a construction contractor, but it turned out...

German investigators smash Int´l bank fraud network

Police and prosecutors in the German financial hub of Frankfurt have uncovered an international fraud ring alleged to have defrauded bank customers of millions of euros. Together...

IBK under scrutiny over internal controls after major fraud case at China unit

The Industrial Bank of Korea (IBK) is facing scrutiny over its internal controls after its Chinese subsidiary lost 83.4 billion won ($60.3 million) due to financial fraud that alle...

Fraud cases in public sector banks fall, but the amount involved rises 58%

Experts blame newer techniques used by fraudsters, the likes of digital arrests, for the rise in money siphoned off

New payment set up? Get in touch! The bank scam where your ‘bank’ is the scammer

Impersonation scams – where callers or texts claim to be from trusted entities such as banks, HMRC or even the police – are rife … and growing‘I’ve £80k in the account, here’s my p...

Fraudsters using iDeal switch to Wero to snare bank customers

Fraudsters are sending out phishing mails to Dutch bank customers to try to take advantage of the switch from the...

Stolen ID, Phone Used in KSh1M Fraud as Court Holds Bank Liable

A Nairobi court has ruled that banks can be held responsible for customer losses when weak account verification systems allow fraud to unfold. The decision, delivered by the Milima...

‘Friday afternoon fraud’: warning for UK homebuyers on bank scams

Victims have lost tens of thousands – and in one case £300,000 – due to fake emails from solicitor or estate agentYou are poised to move house and are awaiting the solicitor’s inst...

What a new report says about India's digital banking frauds

Attempted fraud sessions fell 12%, but the value of attempted fraudulent payments rose 35% as cybercriminals shifted towards faster, higher-value scams.

Payment fraud a ‘fully fledged’ transnational security threat, says think tank

Authorised payment fraud has moved way beyond being a consumer protection issue, says the Royal United Services Institute

Government publishes call for evidence in relation to unauthorised fraud in the UK

On 15 July 2026, the government published a call for evidence in relation to unauthorised fraud in the UK. Background The government sets out that unauthorised fraud refers to frau...

Fake Bank Employees Try To Bilk NJ Woman Out Of Thousands

A fake Wells Fargo employee took $25,000 in cash.

Rising cyber fraud puts customers at risk; banks need to invest more: Bank of Baroda CEO

Debadatta Chand urges banks to step up cybersecurity spending and improve financial and digital literacy as scams, including “digital arrests,” grow more sophisticated

Banks and banking – Court dismisses EFTA claim in fraud victim’s complaint against bank

Where a customer sued a bank, after a fraudster stole her money, but she failed to plead facts making it plausible that the bank violated the notice provision of the […] The post B...

Barclays bank employee found guilty of fraud against customer

A former Barclays bank employee has been found guilty of fraud and theft after using a customer's bank card to withdraw money

CBI Searches in Jupiter Bio Sciences Bank Fraud Case

According to the complaint, the accused defrauded the bank by producing fake proforma invoices and inflated valuation reports of collateral securities while availing credit facilit...

When credit portfolios stop behaving as they should: the true cost of fraud contamination (Ben O'Brien)

A sizeable share of what gets written off as credit loss across UK lending portfolios isn't credit l...

FinCEN Asks Banks to Step Up Efforts at Detecting Student Aid Fraud

Phone scams cause 28% of APP fraud losses. A client's crime policy needs the right wording

UK Finance's 2026 fraud report puts £576 million in APP losses on the table. The telecoms channel's disproportionate share points directly to a social engineering coverage question...

Threat actor claims possession of 1 TB of Bank of Baroda data; bank says core systems remain secure; orders forensic inv...

Alleged data leak claims surface online, where the hacker shared screenshots that supposedly reveal personal and corporate banking info, including loan details and customer records