Today’s Fraud News from around the world:
Singapore Police Probe 2 Firms in Alleged Metal Investment Fraud: Singapore’s Commercial Affairs Department, a police unit for financial crime, is investigating two companies for alleged fraud related to a nickel investment scheme.: “Fraud” – BingNews
An updated version of Brian Stelter’s ‘Hoax’ coming in June: CNN media correspondent Brian Stelter thought more than a quick update was necessary in preparing for the paperback edition of his book from last summer, “Hoax: Donald Trump, Fox …: “Fraud” – BingNews
Police Scotland pay out over £300,000 to ex-Rangers administrator David Whitehouse over malicious prosecution: POLICE Scotland has been forced to pay out over £300,000 over the malicious prosecution of one of the former administrators of Rangers …: “Fraud” – BingNews
Brexit warning: UK will be flooded with counterfeit EU cigarettes unless it acts now: BRITAIN faces the prospect of being flooded with imports of counterfeit cigarettes smuggled in from the EU unless it acts to reduce taxes and red tape, a Brussels-based expert has warned.: “Fraud” – BingNews
Daska by-election: Maryam renews vote fraud claims: Vice President Maryam Nawaz renewed on Sunday claims of vote fraud during a by-election for a National Assembly seat in a Sialkot constituency on Fri …: “Fraud” – BingNews
Lancashire fraudster claimed £50,000 insurance pay-out: A fraudster claimed a £50,000 insurance pay-out for not being able to work despite having THREE jobs – including as a wedding photographer …: “Fraud” – BingNews
Scamming Individuals: Read all the latest news, breaking stories, top headlines, opinion, pictures and videos about Scamming Individuals from Nigeria and the world on today.ng …: “Fraud” – BingNews
Warning after Notts man left on the ‘brink of suicide’ after losing £52,000 to fraudsters: A Nottingham man admitted he was close to ending his life after losing more than £52, …: “Fraud” – BingNews
In the dock: 12 cases dealt with at court in Poole: Discharged conditionally for 12 months. To pay £50 compensation, £22 surcharge and £85 costs. JED ALBION HUDSON, aged 30 and of no fixed abode, admits having a quantity of cocaine in his possession in …: “Fraud” – BingNews
BAT’s PR agency tried to bribe Bureau’s Kenyan reporter: An employee of a Kenyan PR agency working for British American Tobacco (BAT) offered a bribe to a journalist to leak details of the Bureau’s investigation into how the company has targeted young non-s …: “Fraud” – BingNews
Fraud Prevention Tip: 3-D Secure: A somewhat recent technological development, in this system a there is an added layer of confirmation and security to ensure that fraud related incidents are minimized. It includes or spans three domains, hence the name 3-D . The first one is the acquirer domain which represents the bank and the merchant to whom money is being paid. The second one is the issuer domain which represents the bank which issued the card being used. The last one is the Interoperability Domain this represents the infrastructure provided by the card scheme, credit, debit, prepaid or other type of finance card, to support the 3-D Secure Protocol. This can be the Internet or a telecom service provider. For example a code could be sent to the customer’s registered cell phone number with issuer domain, and the customer would have to enter in the given code to proceed with the online transaction.