Three British conmen who left thousands of victims penniless as they frittered £85m in stolen money on a private jet, yachts and holiday homes in the Caribbean have been jailed by a Florida court. Link to article
Category: Latest Fraud News
Two men posed as top bank execs to scam $220,000
Two men have been arrested for posing as top executives with a financial firm and scamming $220,000 worth of charter jet flights, limo rides, lavish hotel stays and Tiffany’s jewellery. Link to article
Ticket fraud does happen on secondary sites
Ticket fraud is on the rise and the secondary ticketing sites are being utilised by the fraudsters, or so says a report by Radio 4 consumer affairs programme ‘You And Yours’. Link to article
UK losing fight against internet crime
The UK must do more to stop online fraud and deter state-sponsored cyber-espionage or risk losing the fight against e-crime, MPs have warned. Link to article
Hotel Scams
Being alert when you’re wandering around town is always recommended, but did you know you could also be scammed from right inside of your hotel room? Crooks are more than ready to pounce on unsuspecting visitors and are using tricky methods to steal credit card numbers. Link to article
Hotel stay ends in 1,000 day jail term for fraudster
A fraudster has been jailed for 1,000 days after he was arrested for offences at two hotels in Leeds during a 25 day drinking binge. Link to article
Retailers fail to face up to online fraud
One in five retailers is not taking online fraud seriously enough, the latest Retail Fraud Survey by retail business process firm Martec International shows. Many smaller retailers are paying seven times more than they should in chargeback fees due to fraud, according to the study sponsored by anti-fraud firm Kount and cash handling systems firm […]
Five charged in US$300m hacking case
Federal prosecutors in the US have charged five men blamed for a hacking and credit card fraud spree that cost companies more US$300million. Two of the suspects are in custody in the biggest cybercrime case filed in US history. Link to article
Seven holiday scams to avoid in 2013
Just when you plan to relax, fraudsters are out to fleece you. Here, we flag up the stunts they’ll pull and how to foil them. Link to article
Travel boss jailed
The owner of a Leamington Spa-based travel company that went bust last year has been handed a two-and-a-half year prison sentence for fraud. Link to article
£65,000 travel agency scam
A travel company boss who operated illegally and conned customers out of more than £140,000 for holidays he did not provide has been jailed for two-and-a-half years. Link to article
Travel company boss locked up
A travel company boss who operated illegally and conned customers out of more than £140,000 for holidays he did not provide has been jailed for two-and-a-half years. Link to article
Fraud soars as thieves move to the web
Burglary and robbery are going out of fashion as criminals turn to online fraud and other cybercrimes. Crime fell by 9 per cent last year, reaching the lowest level since records began in 1981, official figures released yesterday show. Link to article
Firms warned of unauthorised access to websites
Travel bosses are being warned to check that their websites aren’t being accessed by unauthorised third-party trackers who target their customers with unwanted advertising. Link to article
Identity fraud UK hotspots revealed
The credit reference agency Experian has named East Ham in London as the area people are most likely to be the victims of identity fraud. Link to article
Fraudulent tickets reported loss £2.7m
New research shows that 21-30 year old festival goers are most likely to be victims of ticket fraud this summer. Link to article
Travel agent admits to conning customers
A travel agent has admitted taking tens of thousands of pounds from customers in various holiday scams. Kathy Ward, former owner of La Mon Travel Limited in Downpatrick, Ireland, pleaded guilty to 80 charges in court at the weekend. Link to article
European day of actiion targets airline fraudsters
European law enforcement agencies, supported by the European Cybercrime Centre (EC3) at Europol, have held a day of action to clamp down on criminals using fraudulent credit cards to purchase airline tickets. Link to article
Android malware scams earn crooks £1.4m a year
The number of mobile malwares active in the wild has risen by an alarming 614 percent, with many scams earning criminals £7 immediate profit per infection, according to security firm Juniper networks. Link to article
Hotel Scams
You arrive at your hotel and check in at the front desk. When checking in, you give the front desk your credit card (for all the charges for your room). You get to your room and settle in. Link to article