Today’s Fraud News from around the world:
ANVS CLASS ACTION ALERT: Kessler Topaz Meltzer & Check, LLP Reminds Annovis Bio, Inc. Shareholders of Securities Fraud Class Action Lawsuit: Kessler Topaz Meltzer & Check, LLP Reminds Annovis Bio, Inc. Shareholders of Securities Fraud Class Action Lawsuit …: “Fraud” – BingNews
ED attaches 45 Hyderabad properties in MMTC fraud case: The Enforcement Directorate has attached 45 immovable properties worth Rs 363.51 crore of M/s MBS Jewellers Private Limited, M/s MBS Impex Private Limited, Sukesh Gupta, Anurag Gupta, Neetu …: “Fraud” – BingNews
Kessler Topaz Meltzer & Check, LLP: Reminds Investors of Securities Fraud Class Action Filed Against James River Group Holdings, Ltd.: August 28, 2021) – The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors of James River Group Holdings, Ltd. (NASDAQ: JRVR) (“James River”) that a securities fraud class action lawsuit …: “Fraud” – BingNews
Natwest forced to payout up to £500 in compensation to customers who had accounts closed: NATWEST has been forced to payout up to £500 in compensation to a number of customers after the way it handled closing down their accounts. Some customers fell into financial difficulties after …: “Fraud” – BingNews
Benefit fraud: How to report cases as one man claims £40k while owning a Mercedes Benz: BENEFIT fraud issues continue to plague the Government but despite this, an anti-fraud scheme run by the Cabinet Office has prevented billions from being stolen. While the state can do what it can, …: “Fraud” – BingNews
Experts warn of dangers from breach of voter system software: Republican efforts questioning the outcome of the 2020 presidential race have led to voting system breaches that election security experts say pose a heightened risk to future elections …: “Fraud” – BingNews
Meet Gary Gensler, a former MIT blockchain professor who now leads the SEC and could finally regulate the volatile crypto space: SEC chairman Gary Gensler has something that many in Washington often lack: knowledge of the technology he’s trying to regulate.: “Fraud” – BingNews
NatWest forced to compensate account closure victims: Consumers who were denied mortgages, left at the mercy of debt collectors and forced to turn to food banks after NatWest shut down their accounts have won a string of compensation payouts. Customers …: “Fraud” – BingNews
Pregnant fraudster jailed after duping employer out of £85k: Fraudulent bookkeeper Julie Goldstraw has been jailed after she ripped her employer off to the tune of almost £85,000. The 41-year-old, who has a previous conviction for three offences of fraud by …: “Fraud” – BingNews
Ticket tout site Viagogo kill off £1million in crooked listings after Record probe: Tout site Viagogo has killed off more than £1million worth of crooked listings by fake sellers after a Daily Record probe. We told how a seller identity – believed to be fictitious – held more than …: “Fraud” – BingNews
Fraud Prevention Tip: Scrutinise the payment methods – As an online retailer you need to know the types of payment methods and their pros and cons in terms of your business. For example regular credit cards (AMEX) tend to favour the cardholder in disputes (chargebacks sound familiar)? But they are still the most widely used payment method and you do have to look at the convenience of your customer. Paypal on the other hand is a more merchant friendly option and has advanced scam protection features and advanced machine learning capability that actively works to mitigate scam risk. On the other hand Paypal also authorises chargebacks it’s not totally fool proof. Cryptocurrencies are another popular payment method; the blockchain tech makes it nearly impossible for forced refunds and since there are records of all transactions it is undeniable by the customer. On the negative side the value of cryptocurrencies is quite volatile so what’s it worth today it might hold the same value the next day or it could be worth more.