In a statement released then, Alibaba said the two executives had not been involved in the fraud but that they had resigned after accepting responsibility for failing to stop it.

在阿里巴巴随后发表的一份声明中，称这两位高管并没有涉嫌欺诈，但他们仍然由于担责任而辞职。

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There is an extra benefit, he says, as it is much easier to authorise a transaction when a card company knows a customer's location. It is easier to stop fraud for the same reason.

他认为这还有一项额外好处，即如果信用卡公司能够通过掌握消费者所在的位置，那么它们将可以更便捷的批准一项交易，并且可以预防诈骗。

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And the answer to that is that we have to stop epidemics of control fraud.

答案就是我们需要制止大面积的管理欺诈行为。何为管理欺诈？

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His frustration in trying to stop the largest fraud in financial history became a symbol of how unhinged and compromised our markets had become.

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They have the power to stop fraud in the business of selling the complex credit derivatives, and they have jurisdiction over whether the complex securities sold by the banks met suitability requirements for the investors who bought them.

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The industry shares a database to help identify illegal behavior, not only to help the government stop criminals but also to mitigate fraud losses, which run into billions.

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