Frauds

Fraud is constantly evolving. As organizations close one door to fraud, fraudsters find another. We track cybercrime to help us develop industry-leading fraud prevention solutions. You can use this information to help you stay one step ahead.

https://risk.lexisnexis.com/global/en/insights-resources/research/cybercrime-report

The European Association for Secure Transactions (EAST) has just published a European Payment Terminal Crime Report covering 2019 which reports that terminal fraud attacks were up 35%.

https://www.finextra.com/pressarticle/82143/european-payment-terminal-fraud-up-35-in-2019

Don’t let a scammer enjoy your retirement – find out how pension scams work, how to avoid them and what to do if you suspect a scam.

https://www.fca.org.uk/scamsmart/how-avoid-pension-scams

Protecting yourself and your company from subscription fraud can save you both trouble and money.

Regulators and policymakers must reform and tighten up regulations around financial fraud to better protect millions of people who are at risk.

A Nottingham man who allegedly targeted elderly and vulnerable victims claiming to be a stand-in window cleaner is set to appear in court charged with fraud by false representation.

https://westbridgfordwire.com/nottingham-man-charged-after-allegedly-claiming-to-be-stand-in-window-cleaner-and-targeting-elderly-victims/

BELFAST food testing specialist Cibus Analytical has completed a £570,000 seed funding round which it will use to help tackle food contamination and adulteration at a time when fraud is costing the UK food and drink industry £12 billion a year.

http://www.irishnews.com/business/2020/04/08/news/cibus-raises-570-000-seed-funding-in-fight-to-stop-food-fraud-1895877/?param=ds441rif44T

A conman who lied to his fiancee about his name, marital status, wealth and even having had a vasectomy has been jailed for six years for his deceit and “frankly jaw-dropping arrogance”.

https://www.expressandstar.com/news/uk-news/2020/04/08/conman-who-posed-as-fireman-and-lied-about-vasectomy-jailed-for-100000-frauds/

A fraudster who obtained a council house by failing to declare he already owned a home has received a suspended sentence.

https://www.expressandstar.com/news/crime/2020/04/09/council-house-fraudster-who-owned-home-under-right-to-buy-handed-suspended-sentence/

The court hearing follows an Essex Police investigation with assistance from Action Fraud.