What is Synthetic Fraud?

what is synthetic fraud

Fraud is a big problem in the US. In 2020, there were 4.8 million reports of consumer fraud and identity theft, the latter of which cost Americans over $7 billion in 2020. Why are there so many reports of fraud? Two reasons. First, there are many different kinds of fraud, like consumer fraud, voter fraud, … Read more

8 Tips for Better Investigations

8 Tips for Better Investigations

The number of people working as private investigators has been growing at a rate of 2.29%. There were 93,957 people working as private investigators in 2018. In 2019, the number grew up to approximately 96,107 people. As a private investigator or detective, you can be hired by a wide variety of people and groups. Private … Read more

Free Webinar: COVID-19 Litigation Trends and Discovery Tools

COVID-19 Litigation Trends and Discovery Tools

Join Tracers and Casetext for a live webinar on Wednesday, November 3, 2021 at 11AM PST / 2PM EST on COVID-19’s lasting impact on litigation trends and the newest technologies that you can use to conduct discovery and litigate more efficiently in the post-pandemic world. In this 30-minute, fun and informative webinar you’ll learn about the: Explanation … Read more

Best CRMs for Lawyers

Best CRMs for Lawyers

All lawyers know that much more goes into running a law firm than going to court.  Administrative tasks can take up as much as 48% of a lawyer’s workweek, from sending emails to responding to lead inquiries, to attending consultations, to billing clients— there’s a lot that goes into keeping a law firm going.  A … Read more

What is Anti-Money Laundering (AML)?

What is Anti-Money Laundering (AML)??

Financial crimes pose a huge threat to both financial institutions and their consumers, costing American individuals and businesses billions of dollars every year. While every financial crime can have devastating consequences, one of the most financial crimes is money laundering. Money laundering is the 3-step process of disguising an illegal source of money so that … Read more

What is Alternative Data?

What is Alternative Data?

There are millions of sources of data out there and many databases aggregate that data to help people in a variety of industries perform the research they need to get the job done. However, many traditional databases only pull records from banking and credit header data. But what if you need information about someone who … Read more

Public Records Lookup Tips and Techniques

Public Records Lookup Tips and Techniques

Let’s say you’re a legal professional needing to perform legal research for your case. In the past, you may have had to request records from the court or government, and then spend hours combing through those records to find information relevant to your client. Or if you work in collections or repossession, you may have … Read more

What is the Gramm-Leach-Bliley Act of 1999 (GLBA)?

What is the GLBA

Data is not only an incredibly powerful tool used by a wide array of industries, it’s also a necessary tool. Legal professionals, private investigators, collection agencies, corporations, financial institutions, law enforcement, and more all need data to perform certain business operations, from legal research to skiptracing to consumer due diligence and list generation. In fact,  … Read more

What is Vendor Risk Assessment?

What is Vendor Risk Assessment

As a business, you’re going to deal with some level of risk at all times. Essentially every party you interact with as a business — from employees to customers to third-parties — brings at least some risk. While it’s impossible to completely eliminate risk in any company, you can work to reduce your overall risk with … Read more