From: Companieshouse.gov.uk [mailto:web-filing@companies-house.gov.uk] Sent: 15 July 2014 08:32 To: Subject: FW: Case – 7569901 A company complaint was submitted to Companies House website. The submission number is 7569901 For more details please click : https://companieshouse.gov.uk/Case?=7569901# Please quote this number in any communications with Companies House. All Web Filed documents are available to view / download […]
Category: Latest Fraud News
Hotels urged to tighten business center PC security
The US Secret Service and the Homeland Security’s National Cybersecurity and Communications Integration Center (NCCIC) agency are urging the hospitality industry to improve security of hotel business center PCs following the arrest of a group of ‘keyloggers.’ NCIC officials said a Dallas based gang used stolen credit cards to check-in as guests of hotels and […]
Rocketing value of fraud reflects growing problem
The value of fraudulent bookings has shot up over the past year, according to travel sector anti-fraud body PROFiT. The latest annual study of data from PROFiT’s FIN anti-fraud system found the value of flight-only fraud had more than doubled from an average of £729 per booking to £1,561. Link to article
Iata expects conclusion to talks with AirFastTickets
Iata says it hopes to have concluded negotiations with online air ticket retailer AirFastTickets early next week over the €45 million it says it owes in payments. The airline association placed the US-based firm, which originated in Greece, into default in the UK on June 18 due to a monthly deadline being missed to pay […]
Illegal sale of World Cup tickets
Brazilian police have arrested the chief executive of a Fifa partner company as part of investigations into the illegal sale of World Cup tickets. Ray Whelan from Match Hospitality was held at the Rio de Janeiro hotel where officials from the world’s football governing body were also staying. He was freed after questioning. Match Hospitality […]
Conman faces jail over £26k flight ticket deception
A conman who duped customers of his Birmingham based travel agency into buying non-existent flight tickets in a £26,000 scam is facing a long jail sentence. Victims of the fraud were left panicked and stressed when the promised tickets failed to arrive with planned holidays going “up in smoke.” A jury at Birmingham Crown Court […]
Campaign aims to protect Hajjis from fraudsters
Those booking trips to Mecca this October to celebrate Hajj are being warned about the threat of fraudsters trying to con them with bogus travel packages. City of London Police has launched a national campaign targeted at keeping people out of the clutches of fraudsters as they search for the best deals to take them […]
Don’t fall victim to travel scams this Hajj
London Muslims booking trips to Mecca to celebrate Hajj are being advised to be on the look-out for bogus travel packages. City of London Police have launched a campaign to stop illegal travel operators scamming would-be pilgrims after 200 people fell victim last year. Every year up to 25,000 British Muslims make the journey to […]
Hoax Jetstar Account Catches 20,000
A fake Jetstar Airways Facebook page offering giveaway tickets to Fiji has fooled nearly 20,000 unsuspecting Aussies. “Great news, we’re giving away 5 tickets each to 40 people for a 2 week trip to Fiji in a 5 star hotel with $4,500 spending money,” announced the lone post from the fake account. Despite looking suspiciously […]
Vishing fraud nets £21 million in first 5 months of 2014
In the first five months of this year, some of the UK’s main high street banks have reported losses of over £21 million from vishing attacks, wherein consumers are tricked into handing over personal financial information. The fresh data equates to over 2000 vishing attacks resulting in an average loss of over £10,000 per victim. […]
Firms could face fines for failing to prevent fraud
Companies could face multi-million pound fines over corporate financial crimes committed by rogue workers if they do not take steps to stop fraud and other swindles. Ministers are considering bringing in a new offence of “failure to prevent financial crime”. Solicitor General Oliver Heald QC has said he sees such a shake-up of corporate criminal […]
UK Worst in Europe for Card Fraud
ACI Worldwide study finds 28% of British consumers were affected over the past five years. Over a quarter of Brits have experienced card fraud in the past five years, making the UK the worst offender in Europe, while the US sits fourth globally with over 40% of consumers affected, according to a study by payments […]
Fraud costs UK small firms £22bn a year
Payments fraud is costing the average UK small business more than £4,500 a year. Small firms are losing £22bn every year to fraudulent transactions, research by Sage Pay has found. More than 40pc of the 1,124 UK business owners surveyed by the payment service provider experienced fraudulent activity in the past year, losing an average […]
Nine convicted in £70m boiler room fraud
Scam believed to be largest boiler room fraud pursued by a UK authority. Two men have been convicted for their roles in a £70m boiler room fraud, believed to be the largest case of its kind pursued by a UK authority. This brings to nine the number of people convicted in relation to the scam […]
Warning to fans over World Cup scams
With a week to go until the World Cup kicks off in Brazil, police are warning football fans to avoid being scammed. They say they have seen a rise in fraud cases involving flights, accommodation and tournament tickets. One fan and his mates have told Newsbeat that they were offered a Thomas Cook staff discount […]
Ticket touts: don’t be a sell-out
A licence to print money. As the computer’s red light blinks in the dark, its owner starts another shift that will swipe him a five-figure sum by close of play. But there is no cash piled up in bundles next to the screen — all the money traded is online and almost invisible. This isn’t […]
Warning As 100 Online Fraud Cases Logged A Day
Loan seekers and bargain holiday hunters are among thousands being targeted by online fraud scams, authorities have warned. Official statistics reveal that 17,430 cases of online fraud have been reported in England and Wales so far in 2014 – an average of more than 3,000 a month or 100 a day. Online scams were the […]
How to spot red flags of possible fraud
Fraud in the finance function may take a variety of forms — financial statement fraud, misappropriation of assets, illegal acts, bribes, or violation of laws or regulations. There are many warning signs or red flags that indicate a pattern of fraud, and often these items are most visible to the finance department. Link to article
Public see fraud as stealing towels from a hotel room
Simon Douglas, director of AA Insurance said there had been an increase in people phoning the industry cheat line to report fraudulent claims. “They think it may be a victimless crime, but in fact it is not. Just motor insurance fraud alone is probably costing £50 on everybody’s premium.” Link to article
Top Summer Travel Scams
Tricky tickets: Received a letter promising free or steeply discounted airline or cruise tickets? Read the small print – and between the lines – for words such as “eligible” and “guaranteed to win.” These mailers are often sent by vacation clubs as a lure to attend a high-pressure sales presentation where you’re promised huge travel […]