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LePreCon
What is Authorized Fraud?
Authorized fraud occurs when a trusted entity knowingly approves a transaction based on deceptive or misleading information, often due to manipulation.
As a top executive from a leading U.S. bank put it:
"Social engineering scams have reached epidemic levels. Fraudsters exploit bank customers, persuading them to transfer funds to fraudulent accounts under pretenses."
What Vaccine Does LepreCon have Against this Epidemic?
LepreCon is designed from the ground up to combat authorized fraud
in banks and insurance companies - Delivering cutting-edge AI-powered fraud detection with minimal false positives.
LepreCon's tech identifies and alerts institutions based on customers' vulnerabilities and suspicious account transactions, saving millions per institution and billions across the industry—all while safeguarding customer assets.
LepreCon protects against:
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Authorized Push Payments (APP): fraudulent transfers initiated by victims
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Social Engineering Scams: deceptive tactics used to manipulate individuals into transferring funds or revealing confidential information
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Embezzlement: fraudulent misappropriation of funds by an employee or trustee
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Sales Misconduct: unethical or deceptive practices in financial product sales
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Insurance Fraud: fraudulent claims or misrepresentations in insurance policies
Why is it so Challenging for the Legacy Solutions to Defeat the Eepidemic?
They weren't built from scratch to locate these sophisticated frauds
Cybel security solutions are built to detect anomalies and have little information on the complete financial situation and habits of the customer.
This results in excessive false positives, making fraud detection inefficient, costly, and ultimately ineffective for financial institutions.
LepreCon changes that—delivering precision, protection, and peace of mind.
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Request a DEMO, before they contact your customer...
©️ 2025 LepreCon
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