Today’s Fraud News from around the world:
Croatia jails 2 police amid migrant violence reports: TOP STORIES Anthony Fauci: Widespread lockdowns no longer needed in U.S. Hispanic voting rights volunteer arrested for voter fraud; woman voted twice in Texas primary Chick-fil-A CEO urges white …: “Fraud” – BingNews
Turkey says will work with Italy for Libya peace, slams EU: Turkey and Italy will continue to work for a lasting peace and political solution in Libya, Turkey’s foreign minister said Friday, while slamming the European Union’s naval operation in the …: “Fraud” – BingNews
Zoom Offers Encryption To All, Basecamp Releases Email Platform and More News: Sometimes when you look at San Francisco-based video conferencing platform Zoom and the problems it has been having over the past few weeks, particularly in respect of security, you really get the …: “Fraud” – BingNews
Invictus Ob Admits Fraud Charges, Pleads Guilty In Virginia court, USA.: Invictus Obi, born as Obinwanne Okeke, on Thursday pleaded guilty as he appeared before an Eastern District of Virginia court, USA. Okeke, and conspirators a …: “Fraud” – BingNews
California to Send Every Voter Mail-in Ballot for General Election: Critics argued that the Democratic governor’s order would send ballots to voters listed as “inactive” and that Newsom had exceeded his authority.: “Fraud” – BingNews
China charges two Canadians with spying in Huawei-linked case: China has charged two detained Canadians with spying, escalating tensions between the two countries following the arrest in Vancouver 18 months ago of a senior Huawei executive wanted on U.S. charges.: “Fraud” – BingNews
State laws and rules should apply to everyone – including the governor: To add insult to injury, legislators received word from the Department of Labor and Industry this week to inform them that major problems with the Unemployment Compensation System and fraud related …: “Fraud” – BingNews
Alexander Darwall trust falls 11% as chunky Wirecard weighting plummets: German payments business had once represented 17% of the European Opportunities Investment Trust #alexanderdarwall #argonaut #barrynorris …: “Fraud” – BingNews
Steve Cotterill: My Portsmouth boss ended up in prison – I only ever spoke to him for five minutes: Despite serving as his manager, Steve Cotterill insists he spent just five minutes in the company of the imprisoned Russian. Cotterill was entering his second season at Fratton Park when Convers …: “Fraud” – BingNews
Businesswoman cries in court during £1.6 billion battle with Barclays: A businesswoman embroiled in a £1.6 billion High Court battle with Barclays broke down in tears after bank bosses accused her of engaging in a “hustle”.: “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.
