Facebook

Facebook is a social media or networking platform that uses the internet for its operation. It allows people to connect with others by creating an account and chatting with them over the internet. Facebook is supported by a variety of devices like mobiles, tablets, and personal computers.


Facial Recognition

Facial Recognition is a type of biometric check used to identify the person and unlock the system. It focuses on the facial structure of a person and identifies whether the person has the necessary authorization or not. Normally, it is used in phones and other security systems.


Fake check

A fake check is normally used by a fraudster with either a duplicate signature or writing for withdrawing cash from bank. This is a fairly common type of scam that is done by obtaining the necessary information from the real member of the bank to create a fake check and cash it later.


Fake merchandise

Fake merchandise includes products and services that are not authorized by the original company, but are sold with the name of the company. Fake merchandise is often used on the Internet through e-commerce websites where buyers cannot actually control the product.


False Account Entries

Fake Account Entries refer to the input of wrong or misleading information in terms of financial statements. It is ethically wrong to include fake account entries in software or in a book that has to be submitted to a financial manager.


False Data

False data refers to information which is not accurate, especially the information which, in a specific context, differs directly from the required information.


False Declines

False declines are generally referred to as false positives that occur when an actual transaction is apparently flagged by a protection system of a merchant and it is declined inadvertently. Often, it occurs when a cardholder trips into a merchant's fraud detection system.


False Documents

False documents are documents created with incorrect information that cannot be used for their required purposes because the document does not contain the necessary data. These documents are created for the purpose of deceiving others.


False Expense Claims

False Expense Claims are created when staff who are authorized to be reimbursed for a certain number of expenses incurred while carrying out their work duties, submit a claim for those reimbursements when they don't actually deserve them.


False Expense Reimbursements

False Expense Reimbursements occur when an employee falsely inflates costs associated with their work, so that when they ask for reimbursements they will be given more money than they should.


False Financial Statements

False Financial Statements describe when a person falsifies income reports, balance sheets, and/or creates fake cash-flow statements to deceive the people who receive them. The purpose of this activity is generally personal profit.


False Front Merchants

False Front Merchants is when a company appears to have valid businesses, but actually, all are just fronts for a number of various fraud schemes. The ability of some fraudsters to make fake companies is growing with the new ways digital payment systems perform in a business, which give the opportunities for the fraudsters to set up sophisticated, deceptive schemes of false front merchants.


False Identity Fraud

False Identity Fraud is a situation where a person creates a fake identity to commit criminal activities. Actions that are examples of identity fraud are making a credit card, submitting for a loan, or opening bank accounts.


False Invoices

False Invoices could be described as the situation where a person makes an invoice that does not relate to a real sale or payment and is used to get money dishonestly and undeservedly.


False Negative

A false negative is when a fraudulent transaction fails  to be flagged as fraudulent, and gets through a system's fraud detection. It is the opposite of a false positive.


False Positive

False Positives, also known as “false declines” or “sales insults” appear when financial organizations or merchants decline valid orders. False positives are primarily caused by a businesses anti-fraud system incorrectly marking a transaction as likely to be fraud, when in truth the order is legitimate.


False Report

A false report is created when somebody knowingly reports a crime that did not occur, or knowingly reports details of a crime incorrectly.


False Reporting

False Reporting is when someone creates documents with false financial information and submits this information as legitimate.


False Sales Invoices

A contractor or supplier may commit fraud by knowingly submitting false, inflated or duplicated invoices with the intent to defraud the company they have been hired by. The contractor may act alone, or collude with payroll staff to keep the fraud going. The expression “false invoices” refers to invoices for goods or services that were never actually provided.


False Travel Claim

A false travel claim is when a person falsely claims they traveled by a certain method, and then asks to be reimbursed for paying for that method. An example would be if an employee said they had to take public transport to get somewhere, when in reality they simply walked or biked, and just want to make the money they say they spent.


False Vendors

False Vendors refer to any scheme that is completed by creating fake vendors. This can have multiple uses for fraud; for one, the fraudster can send invoices to companies asking for payments on a service or good that was never actually provided. Another example is when a fraudster will create a duplicate payment system, causing consumers to have to pay twice to buy a good, one payment going to the fraudster.


Falsified Hours

Falsified Hours is the term for when an employee records themselves as having worked more hours than they truly have in order to be paid for work they have not done.


Familiar Fraud

Familiar fraud describes when a customer asks for a chargeback instead of pursuing a refund from the merchant they made the purchase with, with the purpose of keeping their funds while also getting the product they bought.