Today’s Fraud News from around the world:
Pan India helpline for cyber crime, frauds launched: The Centre has launched a helpline number – 155260 – for reporting cyber fraud or the consumer can directly lodge a com …: “Fraud” – BingNews
Former NFL player from N.J. sentenced to house arrest for role in healthcare fraud: A former NFL linebacker and New Jersey native was sentenced on Monday to house arrest for his role in a fraud scheme against the league’s Player Health Reimbursement Account Plan, according to a …: “Fraud” – BingNews
Lincolnshire teen convicted for £2m fake website scam: A South Lincolnshire schoolboy who set up a fake website to harvest the details of dozens of victims amassed a fortune from his crimes, a court was told today. The boy, operating from his bedroom, …: “Fraud” – BingNews
Hermes text, DPD and Royal Mail: Top 20 companies impersonated by scammers: Research has revealed the 20 companies most-likely to be impersonated by scammers . Analysts at Dojo have found the 20 brands most used in smishing SMS scams by fraudsters . The list includes the …: “Fraud” – BingNews
South Lincolnshire teenage fraudster has £2 million confiscated – and ordered to do 150 hours unpaid work: A schoolboy who set up a fake website to harvest the details of dozens of victims amassed a fortune from his crimes, a court was told today (Tuesday).: “Fraud” – BingNews
Jail for Cambridgeshire fraudster who scammed victims out of more than £330,000: A fraudster who scammed more than £330,000 from an online payment platform over three years has been jailed.: “Fraud” – BingNews
Luckin Coffee reaches 5 million class action settlement over accounting fraud: Inc shareholders asked a U.S. judge to approve a $ 175 million settlement of class-action claims that the Chinese rival to Starbucks (NASDAQ:SBUX) fraudulently inflated its share price by falsifying …: “Fraud” – BingNews
Businessman who bought Jeffrey Epstein’s Gulfstream jet weeks before his 2019 arrest is suing his estate for fraud because it did not disclose that it was used for ‘criminal …: Thomas Huff, from Marietta, Georgia, runs a charter plane business based in Cobb County, Georgia, and bought a controlling interest in the company Jeffrey Epstein once controlled.: “Fraud” – BingNews
EU auditors: More worried about the future budget than about pervasive errors in the 2020 budget: “In view of the great challenges that lie ahead of us, we must remain even more vigilant about the financial soundness of the EU.” …: “Fraud” – BingNews
M40 hotel in Warwickshire to host Nightingale courtrooms to tackle backlog in cases: A Warwick hotel will swap delegates for defendants when it opens two ‘Nightingale’ Crown courtrooms in a national bid to speed up justice after the pandemic. The conference room at the M40 Warwick …: “Fraud” – BingNews
Fraud Prevention Tip: Use the CVV2 Card Verification Code – If you have included Credit and Debit Card payments like most online vendors, then you must have this system incorporated in your online payment page. This 3 digit code is present on the back of the card and is not included in the magnetic strip making it difficult to carry out transactions via forged or duplicated cards.