Frauds

A "sophisticated" organised crime group stole £1.1m intended to renovate a secondary school after fooling a council into paying the money into a different bank account, an inquiry has found.

https://www.itv.com/news/anglia/2022-08-15/sophisticated-crime-gang-stole-11m-grant-from-school

There has been a notable increase in the number of homeowners signing up to a property alert scheme to protect against fraudulent property transactions, and yet less than 4% of property owners in the UK have an account, fresh figures show.

https://propertyindustryeye.com/less-than-4-of-homeowners-have-signed-up-to-property-fraud-alert-service/

A nurse who stole an elderly woman's bank card while working at a hospital in Staffordshire has been sentenced today.

https://www.itv.com/news/central/2022-08-19/nurse-loses-husband-and-job-after-stealing-thousands-from-dementia-patient

A fraudster who used a dating website to try to scam a woman into giving him money has been sent to prison.

https://www.itv.com/news/westcountry/2022-08-09/jail-for-fraudster-who-preyed-on-victims-generosity-in-dating-site-scam

Aman from Yorkshire has been jailed after attempting to defraud three insurance companies by making bogus claims for medical treatment, totalling around £24,000.

https://www.ftadviser.com/regulation/2022/08/09/man-jailed-for-24k-bogus-medical-insurance-claims/

Dark Money Files director Graham Barrow says the number of companies being set up with fake details is “a national scandal of epic proportions”. The Mirror reports the cash expert said: “You need more proof of ID to get a library card than to set up a company."

https://www.business-live.co.uk/enterprise/companies-fake-details-national-scandal-24796841

Ecommerce is fast-paced, competitive, and ever-changing. Digital tools such as mobile apps and wallets, cryptocurrency, and financial technology are all contributing to the evolving fraud landscape.

https://internetretailing.net/growth-2000/ecommerce-fraud-trends-to-look-out-for-in-2022/

New figures obtained from a Freedom of Information request show a 300% increase in the number of homeowners signing up to a property alert scheme to protect against fraudulent property transactions – and landlords are at particular risk.

https://www.property118.com/landlords-urged-to-thwart-fraudsters-with-the-property-alert-scheme/

Fraudsters are finding new ways to commit scams, leading to a rise in financial crimes.

https://kalkinemedia.com/uk/stocks/financial/credit-card-frauds-rising-in-uk-which-stocks-can-you-look-at

Essex Police want to speak to a man in connection with a theft and subsequent fraud totalling more than £20,000.

https://uk.news.yahoo.com/police-want-speak-man-connection-114033420.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr