Up to 3,000 Britons have poured up to £250 million of their savings into a controversial Caribbean property scheme which is facing the threat of legal action. Link to article
Month: February 2013
Police dismantle ransomware cybercriminal network
Spanish Police, working closely with the European Cybercrime Centre (EC3) at Europol, have dismantled the largest and most complex cybercrime network dedicated to spreading police ransomware. It is estimated that the criminals affected tens of thousands of computers worldwide, bringing in profits in excess of one million euros per year. Link to article
Google warns of rising account break-ins
Google is warning of an increase in sophisticated attempts to hijack legitimate user accounts and use them in email scams. Link to article
Fraudsters Jailed For £2.7m Retailers Scam
An “audacious” gang who scammed well-known retailers out of millions of pounds of goods have been jailed. Link to article
Paypal scam
from: service@paypal.co.uk Subject: Errors Were Detected On Your Account (fix now) Date: Tue, 12 Feb 2013 05:04:16 -0500 Reply-To: Dear Valued Customer, PayPal security team is sending you this notification message because we seem to be having errors in the proper verification of your account. This might be due to one of the following reasons: […]
Phishing – the simple scam that will never die
These phishing scams are as old as the internet, yet people still fall for them every day. Link to article
Top ten tips to help prevent staff fraud
UK businesses have never been more susceptible to insider fraud as highlighted by the latest CIFAS Staff Fraud Database. This has revealed a 43% overall increase in the number of staff frauds recorded in 2012 when compared with the previous year. Link to article
Airline Ticket Scam
“I’ve said it before, and I’ll say it again. There are NO free rides in life. You’ll want to remember that if you get a letter in the mail claiming you’ve “qualified for an award of 2 roundtrip airline tickets”. Link to article
Thousands duped in UAE airline scam
Thousands of people have been duped by several social media scams offering free flights with Emirates and Etihad Airways. Link to article
Top 10 travel scams to watch out for
Travel is one of life’s great pleasures, so it is little wonder travelers are more interested in researching which sites to see and which restaurants to visit than finding out what scams they have to watch out for. Link to article
Fraud committed by employees rockets by 40%
Fraud committed by employees rose by 43% in 2012 compared with the previous year, according to analysis by the UK’s fraud prevention service, CIFAS. Link to article