Frauds

The increased digitalisation of commercial transactions has encouraged criminals to find new ways to defraud their victims, and in some cases, created new issues for the Courts to untangle. In K v A [2019] EWHC 1118, a commodities case on appeal from a GAFTA arbitration award, various issues arising from hacked emails and the payment of over USD 1 million into a fraudulent account, were examined by the Court.

http://www.mondaq.com/uk/x/833038/White+Collar+Crime+Fraud/Hacked+Emails+And+Fraudulent+Accounts+A+Modern+Tale

Card fraud abroad is rife, with Brits losing £174 million a year. One holidaymaker explains how she lost over £1,000 during a dream trip to Bali.

The new finding follows the Charity’s analysis of the Crime Survey for England and Wales (CSEW), which interviewed over 34,000 people about their experiences of crime.

A ghost broker has been sentenced to 16 months imprisonment suspended for 18 months, 300 hours of community work, three months curfew and ordered to pay his victims back £8,000 plus court costs of £1,200.

https://www.insuranceage.co.uk/insurer/4127121/ghost-broker-sentenced-for-18-counts-of-fraud

UK businesses have lost almost £100m to mandate fraud over the past year, a hike of 28% on the 2017/18 statistics

A gang of "cruel" men who preyed on women for cash through a dating scam have been jailed.

Celebrities oversharing on Instagram are putting their social media followers at risk of identity theft and social engineering, according to Santander.

Kym Marsh is trading Coronation Street's cobbles for a world of crime with a new BBC show tackling "romance fraud". She will co-present the daytime TV series, For Love Or Money, with reporter Ashley John-Baptiste. It will air this autumn.

https://www.heraldscotland.com/arts_ents/17812180.kym-marsh-swaps-coronation-street-world-crime/?ref=twtrec

AN AMATEUR actress who stole £740,000 from taxpayers by conning the authorities into believing her dead father was alive has been jailed for nearly six years.

A man has been jailed after encouraging people to pretend to be ill on holiday to claim compensation.