The Korean Financial Supervisory Service (FSS) released a statement over the weekend, which revealed that the compromised data includes customer names, social security numbers, credit card numbers and expiry dates. The leak is said to affect at least 20 million users in a country of around 50 million people. Link to article
Category: Other Fraud News
Cash for crash
Two fraudsters who arranged for a 12-tonne bus to run into a car as part of a “cash for crash” insurance scam are thought to be behind dozens more fake collisions across the North of England. Mohammed Omar Gulzar and Shoaib Nawaz, from Sheffield, were jailed for a total of eight years yesterday for masterminding […]
Mobile phone insurance fraud
Nine people had been charged with conspiracy to defraud after a UK-wide fraud to sell mobile phone insurance was uncovered. Four of those charged pleaded guilty last week at Swansea Crown Court and the jury were due to hear the prosecution’s opening of their case against the remaining defendants yesterday. Link to article
Another IFA falls victim to boiler room scam
Regulator warns against two London-based boiler room operations. Boiler room fraudsters are contacting consumers posing as a County Durham-based advisory firm, which is the latest victim of the growing spectre of so-called ‘clone firm’ scams. According to an alert published last week by the regulator, a London-based boiler room is contacting customers from an email […]
Mobile Threat Monday
Secure told SecurityWatch that the phony Minecraft PE is currently available on several Russian app stores. This isn’t surprising as not all third party stores vet their apps as thoroughly as Google, making some of them havens for malicious applications. Link to article
Insurance firm recovers estimated £37 million
A BOLTON firm responsible for crushing insurance fraud rings around the UK has issued a stark warning to potential cash-for-crash drivers hoping to profit in the new year. Link to article
Investment scams to avoid in 2014
The average amount of money victims lose to an investment scam is £5,887, Which? research has found. When it comes to investing, risk and reward go hand in hand. And with savings rates failing to beat inflation, it may be tempting to take a chance on something racier to get a better return. But there […]
Carbon credit boiler rooms shut down
High-pressure scams persuaded elderly investors to part with thousands of pounds for worthless carbon credits. More than a dozen companies that “preyed on older people” through carbon credit scams have been closed by the industry’s regulator, a minister has announced. Link to article
Fraudsters target BBC reporter in investment scam
Police have launched an investigation into a gang selling fake gold investments after they were exposed by the BBC. Victims handed over tens of thousands of pounds after being contacted at home and promised large profits. Link to article
Wine fraud paid for boob job
Former air hostess who boasted of lavish lifestyle after selling ‘plonk’ to investors in £4.5m wine fraud scam is jailed for four years. A fraudster who sold ‘plonk’ to hundreds of fine wine investors in a £4.5million scam to pay for her ‘boob job’ was jailed for almost four years yesterday. Dina Snelling, 35, blew […]
UK cyber criminal jailed for five years
A cyber criminal behind a £750,000 plot to defraud the financial sector by using financial details from 765 members of the public has been sentenced to five years in jail. Link to article
Norfolk man jailed in £1m boiler room scam
A Norfolk man has been jailed for more than four years after he admitted his part in a scam which meant “vulnerable” people lost more than £1m, a court has heard. Link to article
Fraudulent websites shut down
More than ten websites designed to trick the public into losing much or all of their pension have been shut down after the National Crime Agency (NCA) issued a series of alerts to internet registries Link to article
Man jailed for his part in boiler room scam
A man involved in a ‘boiler room’ scam which targeted victims from across the UK, including East Surrey, has been jailed for three years. Link to article
Police arrests 12 over alleged bank theft plot
Twelve men have been arrested following the discovery of a plot to steal millions of pounds by gaining remote access to the computers at a London bank branch of Santander. Link to article
Three jailed for cash machine scam
The National Fraud Intelligence Bureau (NFIB) is warning businesses to be on the lookout for an email purporting to be from a potential client containing a virus. Link to article
Telephone re-direct from the NFIB
The National Fraud Intelligence Bureau has recently shut down some scam telephone numbers and is re-directing people to Action Fraud. Link to article
the £18m fraud mastermind
City of London police hailed a “landmark moment” in the fight against crime after one of Britain’s most prolific money launderers was hauled off a Heathrow plane, convicted and jailed for eight years. Link to article
Hyde immigration scam men jailed
Seven men have been sentenced after 200 illegal immigrants were charged £12,000 each for fake documents in a scam to allow them to stay in the UK. Link to article
Fraudster’s vanguard role in credit card scam
A fraudster who stole up to £200,000 from vulnerable people in a sophisticated credit card scam has had his plea that he should face a lesser charge rejected after a court heard how victims were threatened with murder and the kidnap of their children. Link to article