Day: April 14, 2024

Written by FinCrime

Chinese Organized Crime’s Latest U.S. Target: Gift Cards

Reported by Craig Silverman and Peter Elkind Federal authorities are investigating the involvement of Chinese organized crime rings in gift card fraud schemes that have stolen hundreds of millions of dollars or more from American consumers. The U.S. Department of Homeland Security has launched a task force, whose existence has not previously been reported, to combat a […]

Written by FinCrime

EXISTING AND PROPOSED FEDERAL AI REGULATION IN THE U.S.

Reported by DAVID PLOTINSKY and GIOVANNA M. CINELLI In the absence of overarching regulation in the United States, AI is currently governed by a mix of the federal government, state governments, industry itself, and the courts. These tools, however, are limited and have challenges of their own, including possible conflicts of interest in the case […]