She had become one of tens of thousands of victims of online holiday fraud, which, police revealed this week, costs families £2.2 million a year. In a statement, the Association of British Travel Agents (ABTA), the City of London police and the government agency Get Safe Online warned holidaymakers to be extra vigilant when booking […]
Month: April 2015
Police raid firm accused of misselling trips
Arrests have been made after early morning raids at a firm believed to be fraudulently selling religious pilgrimages to British Muslims. Fraud squad and trading standards officers were seen removing boxes of documents from a travel agency in Ashton-under-Lyne in Tameside, Greater Manchester as well as posters and other material. Link to article
Fraud Squad on ITV
“We are seeing serious organised villains moving into the arena of fraud that was traditionally occupied by the grey man in a suit. They’ve got the opportunity to make the same money as they would from a huge importation of heroin.” – Det. Chief Supt David Clark, City of London Police. This returning current affairs […]
UK banks covering up cybercrime losses
A widely-held suspicion that UK banks are covering up the true scale of cybercrime has been confirmed by the City of London Police chief Adrian Leppard, who says that up to 80% of online crime goes unreported to the authorities. Speaking at a Tech UK conference, Leppard says that the vast gap between what is […]
Ticket fraudsters operating using social media
People who take pictures of their tickets before they actually attend an event and post them on social media website are actively being sought by fraudsters. Fraudsters are then using these pictures to make counterfeit copies. Fans may not be aware of how much information there actually is on a ticket, including their name and […]
Majority of chargebacks are fraudulently placed
Global Risk Technologies, a leading technology company specialising in chargeback compliance, today releases a new white paper examining the threat of friendly fraud in Card-Not-Present (CNP) transactions and examines why this problem continues to get worse. E-commerce is growing at close to 20% per year in the EU, while total ecommerce revenues are predicted to […]
British tourists conned out of £2.2million
British tourists were conned out of £2.2million last year after falling victim to bogus holiday letting websites and other internet-based scams, a new report has revealed. Unsuspecting holidaymakers lost hundreds or thousands of pounds each after booking a villa or flat, only to arrive and find out that the holiday home doesn’t exist or had […]
1 hacker a month convicted out of 100,000
Experts warn that police are failing to tackle the staggering rise in online crime in the UK, including online stalking and theft of personal data. New figures revealing the true number of offences only came to light when Home Office ministers were forced to divulge the information last month. On average just one person was […]
Online banking fraud up by 48%
Losses from online banking fraud rose by 48% in 2014 compared with 2013 as consumers increasingly conducted their financial affairs on the internet. The rise is due to increased use of computer malware and con-artists tricking consumers out of personal details, Financial Fraud Action said. In addition, fraudsters are targeting firms in order to steal […]