Today’s Fraud News from around the world:
Investment scams up 32% as Brits lose £135m to fraudsters: Trade association UK Finance has discovered a surge in online scams throughout 2020, including impersonation and investment fraud. It said that criminals exploited people’s fears about the covid-19 …: “Fraud” – BingNews
Army Major General dishonestly claimed £48,000 to pay children’s school fees: Major General Nick Welch, understood to be the most senior officer to face court martial since 1815, was convicted of fraud by a panel of senior officers following a four-week court martial trial at …: “Fraud” – BingNews
Army Major General fraudulently claimed £48,000 to pay children’s school fees: Major General Nick Welch, understood to be the most senior officer to face court martial since 1815, was convicted of fraud by a panel of senior officers following a four-week court martial trial at …: “Fraud” – BingNews
Seven types of scam people are being warned to watch out for: This is known as an ‘impersonation scam’, and was highlighted as one of the most popular emerging scams in a report by personal finance experts, Ocean Finance Ocean Finance submitted a Freedom of …: “Fraud” – BingNews
Aston Villa star’s top tips for small businesses to avoid scams: Barclays has partnered with ex-Celtic striker and TV presenter Dion Dublin to raise awareness of the growing dangers of fraud and scams, and the sophisticated tactics criminals are using to defraud …: “Fraud” – BingNews
US warns Nigerians of fraudulent work visa press statement: A press statement purportedly issued by the United States Embassy in Nigeria, which promises a new type of work visa for Nigerians aged 40 to 55, is actually the handiwork of fraudsters and scam …: “Fraud” – BingNews
Arrests after £450,000 solar panel delivery fraudulently redirected to Henwood Estate, Ashford: Detectives from the Volume Fraud Team at Kent Police are investigating the circumstances. As part of their ongoing enquiries, two men were arrested at a business unit in Ashford’s Henwood Industrial …: “Fraud” – BingNews
Frome man and partner in crime jailed for role in fraudulent building work across four counties: A Frome man and his partner-in-crime have been jailed in connection with a series of fraudulent trading offences across four counties. The pair, Thomas Edward Turner and Aaron Eli Brown, were both …: “Fraud” – BingNews
Online scams on the increase during Covid pandemic as gaping holes in consumer protection are exposed: Trade body UK Finance says criminals are exploiting a lack of engagement between banks and social media and search platforms to make billions through online fraud …: “Fraud” – BingNews
Man Jailed For Fraud After Promising To Use His ‘Spiritual Power’ To Double N9M (Pix): Man Jailed for Fraud After Promising To Use His ‘Spiritual Powers’ To Double N9M (Photo)N9m Juju Scam: Fraudster Bags Eight Months ImprisonmentJustice A .A. Demi-Ajayi of the Federal …: “Fraud” – BingNews
Fraud Prevention Tip: The Friendly Foe – Mind boggling as it seems, normal everyday people have known to carry out this type of scam, just because there was a loophole that was available for them to exploit. In this type of scam individuals carry out online transactions through their credit or debit cards and then once they receive their goods or are done using a service they report it as an unauthorized transaction that they did not carry out, resulting in charge-backs to the business that provided the service or goods.