Fraudsters are leveraging advanced artificial intelligence to impersonate customers and deceive financial institutions, but the industry is fighting back with detection systems.

Clients — and financial advisors — should ask these three questions when asked to divulge their Social Security number.

After identifying the tax avoidance strategy as a scheme targeting high-income filers, the agency and the Treasury Department issued a new rule proposal.

Thomas M. Chadwick steered older adults into a volatile leveraged real estate product nearly wiped out by the pandemic, according to state regulators.

The criminal case follows SEC charges alleging the Kaplans bilked clients to pay for luxury purchases like handbags, watches and a matchmaking service.

Elder financial fraud has skyrocketed in recent years, but research shows that financial professionals can help fight the growing issue.

In one case, an ex-advisor is accused of defrauding clients with disabilities and spending their money on casinos and adult entertainment, among other things.

Cryptocurrency fraud losses nearly doubled last year in this country, a marked contrast with the rest of the world, where they actually fell by around half.

An Army financial counselor defrauded loved ones of fallen soldiers for millions of dollars while breaching the rules of his position, federal prosecutors say.

The ex-financial advisors used clients' money on their businesses and other expenses like homes and travel, according to investigators.