Frauds

We first wrote about CEO impersonation fraud back in 2015. At around the same time, Peebles Media Group was a victim of such fraud. A member of their credit control team received emails purporting to be from the managing director and ultimately £193,250 was transferred to the fraudsters in a series of transactions.

http://www.mondaq.com/uk/x/880822/employee+rights+labour+relations/CEO+Impersonation+Fraud+Can+An+Employee+Be+Liable+For+Their+Negligent+Actions

The Pensions Regulator said it was working with the Financial Conduct Authority to prevent crime.

A Rugeley man has appeared in court today charged with eight counts of fraud totalling £280,000.

https://www.expressandstar.com/news/crime/2020/01/03/rugeley-man-charged-with-280k-fraud/

Robert McKechnie, Open Banking expert at Equifax, explains how Open Banking can be used on the frontline in the mortgage fraud battle

https://www.mortgagefinancegazette.com/market-commentary/using-open-banking-tackle-mortgage-fraud-02-01-2020/

A campaign group has alleged that signatures have been forged by firms on court and other legal documents in order to speed up repossession of properties and to recover debts. Louise Power, partner, head of banking & finance litigation at Walker Morris, explains the situation

https://www.mortgagefinancegazette.com/features/execution-documents-alleged-forged-signatures-02-01-2020/

Simple mistakes that could leave you without cover

https://www.edinburghnews.scotsman.com/inews-lifestyle/cars/five-things-youre-doing-that-could-invalidate-your-car-insurance-1353300

Public service workers including police officers, nurses and teachers are among thousands of people caught up in pension scams which have seen their retirement pots plundered.

https://www.ardrossanherald.com/news/national/18128467.thousands-caught-pensions-plundered-rogue-investment-scams/?ref=twtrec

THE independent Scottish salmon producer Loch Duart is spearheading a campaign to outlaw illegal fish fraud, some of it bearing the company’s name.

The Insurance Fraud Bureau (IFB) is warning motorists to be extra vigilant while driving over the holiday period amidst concerns ‘Crash for Cash’ fraudsters may attempt to exploit the adverse winter road conditions and cause deliberate collisions.

https://insurancefraudbureau.org/media-centre/news/2019/driving-home-for-christmas-motorists-warned-to-watch-out-for-crash-for-cash-fraudsters/

A woman whose job it was to decide on who was eligible for Universal Credit has been sentenced for fraudulently claiming the benefit.

https://www.cps.gov.uk/mersey-cheshire/news/universal-credit-claims-manager-sentenced-fraudently-claiming-benefit