Today’s Fraud News from around the world:
Congress Demands Karnataka Chief Minister’s Resignation Over Corruption Allegations: The Congress on Sunday attacked the BJP over reported allegations of corruption against some family members of Karnataka Chief Minister BS Yediyurappa in connection with a housing project and demanded …: “Fraud” – BingNews
Trump claims he no longer has Covid-19 and is ‘immune’ – live updates: President says he wants to roll out antibody cocktail Regeneron to hospitals …: “Fraud” – BingNews
Donald Trump must not be how American democracy dies: Due to the antics of a president born with both a silver spoon and a forked tongue in his mouth, American democracy has been visibly and audibly debased. Watching the recent debate between Donald …: “Fraud” – BingNews
PIP Christmas payment: Does PIP get paid early for Christmas?: PERSONAL Independence Payment (PIP) is paid every four weeks on a certain day of the week. Does PIP get paid early for Christmas?: “Fraud” – BingNews
Police warn people to look out for suspicious vehicles as courier scammers strike across Warwickshire: Despicable’ courier fraudsters are behind a scam sweeping towns in Warwickshire. There have been victims in Bedworth, Leamington, Rugby and Stoneleigh this week alone. Detectives are urging residents …: “Fraud” – BingNews
Scammers exploit Covid to steal from stressed bank customers: Criminals are adapting their tactics to take advantage of those spending more time at home and feeling vulnerable …: “Fraud” – BingNews
Does DWP monitor bank accounts?: THE Department for Work and Pensions (DWP) is responsible for welfare and pension policy in the UK. But does the DWP monitor bank accounts?: “Fraud” – BingNews
Covid: Trump ‘no longer a transmission risk to others’: US President Donald Trump is no longer a Covid transmission risk to others, the White House physician has said. Sean Conley’s memo is the first update on Mr Trump’s health since Thursday. There had …: “Fraud” – BingNews
My phobia of driving cost me my job and thousands of pounds: In my case, driving was a terrifying experience, and feeling this way brought a lot of secret shame. Vehophobia, the fear of driving, affects up to 20% of motorists in the UK, and while it can present …: “Fraud” – BingNews
Lithuania holds national vote, coalition talks expected: Polls opened Sunday for the first round of national election in Lithuania, where voters will renew the 141-seat parliament and the ruling four-party coalition is widely expected to face a stiff challe …: “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.