Frauds

While the number of compromised credit cards continue to decline year over year globally, the UK’s share increases.

https://www.digit.fyi/uk-credit-card-fraud-increase/#.ZD00oBY8dvg.twitter

LONDON (Reuters) - Britain plans to make it easier to prosecute a large organisation if an employee commits fraud for the benefit of a business, the government said on Tuesday.

https://uk.sports.yahoo.com/news/uk-government-plans-businesses-liable-175548373.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr

A North Yorkshire couple have been sentenced to jail for a total of 12 months after being found guilty of a combined 26 grounds of contempt of court for making fraudulent personal injury claims. The claims amounted to around £2.2 million between the duo and were defended by Horwich Farrelly (HF), representing KGM Underwriting Services (KGM).

https://www.insurancebusinessmag.com/uk/news/breaking-news/couple-sentenced-to-jail-for-fraudulent-personal-injury-claims-442283.aspx#.ZDfACRUh6TU.twitter

Identity fraud is a major concern within the banking sector. As technology continues to advance, so do the methods that fraudsters use to deceive banks and their customers. The use of biometrics and documents is becoming increasingly common in the fight against identity fraud.

https://www.finextra.com/blogposting/24036/tackling-identity-fraud-in-the-banking-sector

Stop Fraud in its tracks -This animation shows an example of a mandate fraud targeting an NHS organisation which is stopped thanks to the quick thinking of a member of the finance team.

https://www.youtube.com/watch?v=cC_YHrWg374

A trio who were involved in conning foreign meat firms out of £660,000 in an identify fraud scam have avoided prison.

https://www.shropshirestar.com/news/crime/2023/04/05/shropshire-meat-fraud-trio-involved-in-660000-identity-scam-which-forced-foreign-food-firm-to-go-bust/

The City of London Police's Insurance Fraud Enforcement Department (IFED) is taking action against opportunistic insurance fraud as cost-of-living pressures drive a surge in such cases.

https://www.insurancebusinessmag.com/uk/news/breaking-news/ifed-busts-insurance-fraudsters-sends-cease-and-desist-notices-across-uk-441972.aspx#.ZDUcPgZvjpc.twitter

There are some scams that are almost impossible to spot, as one family discovered when planning a trip to scatter their mother’s ashes.

https://www.theguardian.com/money/2023/apr/03/invoice-the-latest-tactic-of-gangs-out-to-hijack-your-holiday

Ten samples from Britain were suspected of containing cheap sugar syrup

https://www.theguardian.com/food/2023/mar/26/uk-honey-fails-authenticity-test

Tauseef Sadeeq, a former trainee solicitor at Jacob Miller Solicitors, has been handed down a two-year prison sentence after pleading guilty to 20 counts of fraud involving insurance compensation.

https://www.insurancebusinessmag.com/uk/news/breaking-news/insurance-fraudster-gets-two-years-in-jail-439810.aspx#.ZBhIRRQ89pM.twitter