Today’s Fraud News from around the world:
Kount Partners with Adobe: Kount’s collaboration with Adobe will provide fraud prevention and account takeover protection to ecommerce merchants.: “Fraud” – BingNews
German art collector, 38, is fighting extradition to UK from Portugal: Angela Gulbenkian allegedly pocketed £1,143,656.25 in payment for a piece called the ‘Kusama pumpkin’ by Yayoi Kusama but never handed over the item.: “Fraud” – BingNews
Two Nigerian Men Posing As UK Businessmen Defraud Hundreds Of Indians: The arrest came while investigating a fraud case registered by an Aligarh resident, Bhagwati Dutt Sharma, who lost Rs 31 to such conmen.: “Fraud” – BingNews
PNB scam: Nirav Modi extradition case to enter final stages in UK court: The 49-year-old jeweller, fighting extradition in the estimated USD 2-billion Punjab National Bank (PNB) scam case, will appear via videolink from Wandsworth Prison in south-west London.: “Fraud” – BingNews
US election 2020: Trump threatens to fire Fauci as Harris warns over nation’s ‘moral direction’ – live: On election eve Joe Biden will target Pennsylvania and Ohio, while the president visits four states …: “Fraud” – BingNews
Fake organic cotton found by GOTS in India: An investigation into organic cotton fraud in India has revealed 20,000 metric tonnes of cotton were incorrectly certified as organic through a scam abusing the Indian government certification system.: “Fraud” – BingNews
Travel agent to pay Delta USD1 million restitution in loyalty fraud case: A former travel agency manager was handed a hefty fine for his role in scamming Delta Air Lines. Gennady Podolsky, a dual Ukrainian and American citizen, must pay the airline $ 1 million in restitution …: “Fraud” – BingNews
Fraudster jailed for part in Covid-19 courier scams: Chaves was one of the men inside. His mobile phone was seized and they found messages talking about both fraud victims. The frauds took place across north Essex, as well as Sudbury and Epping. Chaves, …: “Fraud” – BingNews
Fake texts from Halifax and Lloyds banks have been circulating – how to spot the phishing scam: There has been a recent increase in reports of fake SMS texts claiming to be from banks, including Halifax and Lloyds, which attempt to steal people’s personal information. Several different texts …: “Fraud” – BingNews
Tanzania opposition leader arrested ahead of planned nationwide protests against election result: Police in Tanzania have detained several opposition figures ahead of planned nationwide protests after strongman president John Magufuli was reelected with an 84 per cent landslide in last week’s …: “Fraud” – BingNews
Fraud Prevention Tip: Identity Theft – Hackers, and in some cases people in general, take on the identity or persona of someone else by hacking or stealing personal documents of another person and use it to gain access to certain services or to carry out financial transactions. A staggering 44% i.e. 1,357,055 people complained about identity theft in 2016.