financial fraud

Six-Figure Scams Targeting Seniors On the Rise

Older Americans are under more financial pressure than ever. Unfortunately, scam artists are taking advantage of the sometimes desperate needs of seniors to boost their income, and victims have lost huge portions of their life savings as a result.

Don't Get Conned: Free Fraud Hotline Aids, Educates

This is International Fraud Awareness Week, when various companies and nonprofit organizations work to educate people about how to avoid becoming victims of financial fraud. And we need the help: Last year, American consumers lost more than $1.7 billion to financial scams.

How to Avoid Becoming the Victim of Financial Fraud

As financial scams evolve to keep pace with the changing American economy, it is important that consumers educate themselves about common scams. Here are five steps you can take to avoid becoming the victim of financial fraud.

Blowing the Whistle Can Net You Big Bucks

If you have proof of financial crime -- corporate malfeasance or tax evasion, say -- you shouldn't keep it to yourself: Rewards for whistleblowers can reach as high as 15 to 30 percent of the money recovered by the government. Read on for some recent examples of richly rewarded whistleblowing, as well as tips for anyone thinking of blowing the whistle.

Six Ways to Avoid Scams

In a tough economy, it's a sad but true fact that scams and financial fraud of all kinds seem to flourish like weeds. According to the Better...

How You Can Profit From Watson's Jeopardy Win

Last month, IBM's Watson supercomputer beat trivia champs Ken Jennings and Brad Rutter on "Jeopardy." At the core of Watson's success was something called Semantic Analysis Technology, and if you want to make your own "Jeopardy" bet, put some money on the companies that supply it.