Today’s Fraud News from around the world:
Cybercriminals Defraud Small New England Town Out of Over Million in Taxpayer Money: A small town with a population of just over 6,000 in New England is dealing with the fallout of an email fraud scheme that cost it around $ 2.3 million. Officials with the town of Peterborough, New …: “Fraud” – BingNews
IBM’s new processor to detect fraud in real-time: Tech giant IBM on Tuesday unveiled details of the upcoming new IBM Telum Processor, designed to bring deep learning inference to enterprise workloads to help address fraud in real-time. Telum is IBM’s …: “Fraud” – BingNews
Grant Thornton expands fraud and forensics capabilities with new hires Linda Miller and David Cappellina: Grant Thornton LLP is expanding its fraud and forensics services by hiring fraud mitigation veteran Linda Miller as a principal in the firm’s fraud and forensics practice. The firm has also hired …: “Fraud” – BingNews
Doubling Down With the Derricos’ Deon & Karen Derrico’s Vegas home in foreclosure after filing for bankruptcy FIVE times: DOUBLING Down With the Derricos’ Deon and Karen Derrico are facing foreclosure on the Las Vegas home they share with their 14 children after filing for bankruptcy five times. Deon, 50, and …: “Fraud” – BingNews
Student conned people out of £185,000 claiming to be Royal Mail and HMRC: Abdisalaam Dahir was found with incriminating evidence on his computer and a stash of cash in his home (Picture: Central News) A student who operated a text message scam claiming to be from …: “Fraud” – BingNews
‘Clear mistrust’ of online financial services adverts: More than half of internet users (53%) do not trust that the adverts on search engines are placed by a legitimate financial services company or provider, according to Aviva research.: “Fraud” – BingNews
Wigan man spared jail over benefit fraud: James Carter, 56, of Hesketh Street, failed to inform Wigan Council and the Department for Work and Pensions that he was living with his partner Susan Shield, and so received more benefits than those …: “Fraud” – BingNews
UK bank account and loan fraud soars in pandemic: Bank account and loan fraud has soared in the UK during the pandemic as criminals sought to target British businesses and consumers in the lockdown and exploit government support schemes. Loan fraud …: “Fraud” – BingNews
‘Soon millions of tenants will pay their rent via crypto currency’, claims tech CEO: Recently-launched digital lettings platform Rentible is about to launch an app that will enable tenants to pay …: “Fraud” – BingNews
More than £2bn of taxpayers’ money protected against fraud: An anti-fraud scheme has detected or prevented more than £2bn of fraud since it was launched 25 years ago. Since 1996, more than £2bn detected or prevented through the National Fraud Initiative …: “Fraud” – BingNews
Fraud Prevention Tip: Fully understand the offer. A legitimate seller will give you all the details about the products or services, the total price, the delivery time, the refund and cancellation policies, and the terms of any warranty. Contact the seller if any of these details are missing, if they are unable to provide the details, it may be a sign that it’s a scam.