Phishing scams are a problem around the world – and it’s likely that one or more was at least partly responsible for the Fappening episode – but it seems that it is more of a problem in some places than others. Link to article
Category: Latest Fraud News
Fraudulent insurance claims running at 500 a day
Many Britons appear to take the view that honesty is not the best policy when it comes to taking out car insurance. Industry figures showed firms are uncovering almost 3,500 fraudulent applications each week. The Association of British Insurers (ABI) revealed that in 2013, UK insurers detected 180,675 attempted fraudulent applications for motor insurance – […]
Gang pocketed £68,000 in Oyster scam
Train workers jailed over £150,000 scam in which they issued ‘fake’ tickets and Oyster cards to passengers and pocketed cash for themselves. A group of South West Trains clerks with more than 50 years service between them have been jailed for a ticketing scam which netted them over £150,000. The office clerks – three men […]
Online banking fraud up 71%
Banks appear to have lost ground to the criminals after figures showed a 71pc rise in online banking fraud, to £29.3m for the first half of the year. It comes despite the rollout of more stringent log-in processes, such as issuing customers with “security keys”, calculators that generate new passwords each time a customer wants […]
Six rail staff jailed after ticket fraud uncovered
An investigation by British Transport Police (BTP) and South West Trains that uncovered a ticket fraud has led to jail sentences for six rail staff. The three men and three women, all employees of South West Trains, embarked on a massive ticketing fraud thought to be worth in excess of £100,000 over nearly two years, […]
Home Depot Probes Credit Card Hacking Claim
US home improvement chain Home Depot is investigating a possible attempt to hack its computer systems and steal customer data. The company is working with police to determine whether a breach took place after security expert Brian Krebs reported hackers selling details of stolen credit and debit cards used at the chain. Link to article
Rugby World Cup: Criminals plotting to hijack launch
Organised ticket touting gangs stand to make millions illegally from fleecing supporters by ‘flooding the tickets ballot’ on England Rugby 2015’s official website. Organised criminals with links to the arms and drugs trade were on Wednesday night plotting to hijack the Rugby World Cup ticket launch and hold countless ordinary fans to ransom on the […]
Majority of email users can’t detect phishing scams
Four-fifths of business email users are unable to detect phishing scams, putting the enterprise at risk of cyber crime, security firm McAfee has warned. According to the McAfee Labs Threats Report: August 2014, 79 per cent of those business users who were subjected to the McAfee Phishing Quiz failed to detect that at least one […]
Could a device that reads your blood stop bank fraud
A new finger scanner that uses a person’s veins to verify their identity has been unveiled by Barclays bank. Consumer champion James Daley asks if the new technology could stop online hackers in their tracks. Last year, the British banking industry lost a little over £450 million in card fraud – a greater amount than […]
Craigslist buyer scams
Just five gangs in Nigeria are behind most Craigslist buyer scams. Five Nigerian criminal gangs are behind most scams targeting sellers on Craigslist, and they’ve taken new measures to make their swindles appear legitimate, according to a new study. In a new innovation, they’re using professional check-writing equipment plus U.S.-based accomplices to not raise suspicions […]
160,000 new malware samples created every day
15 million new malware samples were generated, at an average rate of 160,000 every day, according to the latest report from Panda Security. Trojans are still the most common type of malware, accounting for 58.20% of newly created threats; this is notably lower than the percentage recorded in the previous quarter said the report. This, […]
Crackdown on fraudsters ripping off Muslim pilgrims
Consumer watchdogs in Birmingham are spearheading a nationwide probe in a bid to stop fraudsters ripping off Muslim pilgrims. The city council has clinched £100,000 funding from the National Trading Standards Board to set up a taskforce to tackle crooks conning people booking religious Hajj and Umrah pilgrimages to Saudi Arabia. Birmingham Trading Standards is […]
Hill Dickinson counter fraud group
Welcome to the summer 2014 edition of the Hill Dickinson counter fraud group’s quarterly newsletter, fraud watch. We hope that you will find this both an enjoyable and informative read. 2014 has been an exciting year so far for the insurance industry and those involved in dealing with claims. Plenty of developments are keeping us […]
Seven people defrauded every minute
Official crime figures ‘failing to report 4m fraud cases’ meaning total number of offences should be 50% higher. Seven people are defrauded every single minute, according to shock new research by the Office for National Statistics. The true scale of crime across Britain is being distorted because almost four million frauds are being left out […]
UK Company Leads the Way in Beating Internet Fraud
Statistics show that there is a new victim of identity fraud every two seconds, but now a UK-company is leading the way in helping to defeat online fraud. Shocking statistics show that there is a new victim of identify fraud every two seconds and with so many people now having a profile online, that makes […]
£400,000 seized during investigation into Hajj fraud
Around £400,000 was seized from travel agencies in East London yesterday as part of an ongoing investigation into Hajj fraud. The joint operation between Newham Council’s Trading Standards Team, Birmingham City Council Trading Standards and City of London Police, saw searches on two travel agencies suspected of selling Hajj packages with false or no travel […]
Holiday misery for the scam victims
Three weeks ago Natasha McDonald, her husband and three children were standing outside the villa in Puerto Banús, near Marbella in southern Spain that they had booked for 10 days at a cost of £1,600. But there was no sign of the owner, or the keys. The villa company website was down and, in despair, […]
Fraudsters stole the bank details of 60,000 people
A Romanian gang have been jailed for stealing the bank card details of more than 60,000 people using an array of sophisticated spying and skimming gadgets seized during a series of police raids at their homes. The gang used hidden cameras and tampered with hole-in-the-wall machines to copy card details and pin numbers to steal […]
Why was credit card fraud so easy to commit?
My wife and I have Sainsbury’s Bank credit cards which we use for all our shopping, and typically pay between £700 and £900 a month to service the account. At the end of June the debit balance was just over £1,000. When I checked my emails I was surprised to see one from Sainsbury’s Bank […]
Five years worth of free travel
Bus passengers are being warned over a scam offering people up to five years worth of free travel on London’s transport network in exchange for email addresses. A poster spotted in Wandsworth claims one bus driver has “not been charging people for their journeys” over the past three years as part of Transport for London’s […]