A device that allows criminals to clone contactless bank cards in bulk is up for sale on the so-called dark web. The Contactless Infusion X5 can steal information from nearby cards, including the card number and the card holder’s name and address. This information can then be loaded onto blank cards to create clones that […]
Month: June 2016
Tech support scams target victims via their ISP
A new scam, in which fraudsters pose as legitimate internet service providers to offer bogus tech support, either via the phone or on the net, is on the rise, the BBC has found. It is a twist on an old trick which involved cold-calling a victim – often claiming to represent Microsoft – and charging […]
Spam King sentenced to two years in prison
Sanford Wallace, 47, is nicknamed the “Spam King” and last year pleaded guilty to federal charges including fraud and criminal contempt in connection with using electronic mail. Wallace, who is from Las Vegas, also faces a fine of $310,000 (£218,500). The messages were sent to Facebook users in 2008 and 2009. An FBI investigation resulted […]
£2.75m Boiler Room Scam
The alleged investment fraud tactic known as ‘boiler room’ has continued operating for over a year. The U.K. Financial Conduct Authority has charged a group of five individuals with investment fraud. The allegations against Michael Nascimento, Hugh Edwards, Stuart Rea, Ryan Parker (previously known as Ryan Sell) and Jeannine Lewis come under a thorough investigation […]
Apple iCloud phishing scams
Apple iCloud users have been warned to be on their guard against phishing attacks targeting the UK that seek to gain account information, including credit card data. Security company FireEye uncovered evidence of the attacks after noticing that 86 domains were set up in the first quarter of 2016 to host pages that pose as […]
Contactless cards: twice the level of fraud
Contactless payments tripled last year, and now make up an estimated one in seven of all transactions, so it’s particularly alarming to learn that people with contactless cards may be twice as likely to fall victim to fraud than those without the technology in their cards. Booming The use of contactless technology has taken off: […]
Company director jailed for a year for Hajj fraud
A director of a rogue Hajj travel company was found guilty and sentenced to 12 months in prison at Birmingham Crown Court today. Mohammed Arfan (38) who ran Al-Safah Tours Limited, based at 442 Alum Rock Road, Birmingham, pleaded not guilty to 16 offences under the Consumer Protection from Unfair Trading Regulations (2008) and the […]
Euro 2016: Fans warned over illegal tickets
Unofficial websites illegally selling Euro 2016 tickets could leave fans being refused entry, Which? has warned. Rules by the European football body Uefa mean ticket-holders are likely to need photo ID to get into grounds, which won’t match the name on the ticket if it is an unofficial one. The investigation by the consumer group […]
Travel firms must prepare for terror attacks
Travel companies have been urged to plan on a ‘wider’ scale for coping in the event of a terrorist attack at the industry’s first counter terror seminar. At the seminar, specifically aimed at the travel industry and set up by Prevention of Fraud in Travel (PROFiT), firms were told to have a “business continuity plan” […]