Frauds

Tim Bedard, Director, OneSpan, provides his advice on how banks can prevent identity fraud and gain the upper hand during a time of increased cyber attacks

https://www.openaccessgovernment.org/prevent-identity-fraud/60098/

An accountant that used members’ pension contributions as a “personal piggy bank” has been prosecuted by The Pensions Regulator (TPR) after admitting to transferring more than £280,000 of pension funds to support his own businesses and investments.

https://pensionsage.com/pa/TPR-prosecutes-accountant-trustee-for-fraud.php

(Monday 18 February 2019), a woman has been sentenced after she applied for multiple insurance policies but failed to disclose details of a previous conviction, in which she fraudulently claimed more than £44,000 in benefits.

http://news.cityoflondon.police.uk/r/1200/previous_benefits_cheat_sentenced_for_not_disclos

(Thursday 21/02/2019), a man was sentenced for making a fake claim for a Rolex watch, a year after he was convicted for his part in helping launder £1.2m from fraud victims.

People are told they need to withdraw cash as part of a police probe into counterfeit money

One of Britain’s most wanted fugitives has appeared in court after being extradited from Switzerland.

Action Fraud has received reports of fraudsters claiming to be landlords of rented properties available online.

An ex-Big Brother contestant has been ordered to pay back more than £12,000 she fraudulently claimed in benefits.

https://www.bbc.co.uk/news/uk-england-merseyside-47298472

Food fraud fine ‘not fit for purpose’: BEIC

40 artificial intelligence and data analytics projects announced to boost productivity and improve customer service.