Frauds

The insurance industry must practice vigilance when it comes to cross-border motor claims amid the rising number of fraud cases linked to accidents happening in the UK, international insurance law firm DAC Beachfront and cross-border claims representative InterEurope UK have warned.

https://www.insurancebusinessmag.com/uk/news/auto-motor/insurers-given-warning-amid-rising-fraudulent-crossborder-motor-claims-314475.aspx#.YXsE_pD3ceo.twitter

Since the surge in APP fraud reported by UK Finance in the first half of this year forty five million people received either a suspicious text, recorded message or phone call over the last 3 to 4 months.(i) An unknown communication is the start of the fraud cycle and the sheer size of the fraudsters’ activities suggest at least a doubling of UK Finance first half of 2021 record figure of £355 million.

https://www.finextra.com/blogposting/21138/authorised-push-payments-app-fraud-is-soon-to-become-a-billion-business

The Suspicious Betting Trends in Global Football Report compiled by Stats Perform Integrity and Starlizard Integrity Services has shown a reduction in suspicious football matches in 2020.

https://igamingbusiness.com/report-suggests-suspicious-football-betting-down-for-third-consecutive-year/#.YXm_IbdJ3Rk.twitter

A crime gang has been attempting to scam money from targeted victims under the guise of Edinburgh Sheriff Court.

https://www.edinburghnews.scotsman.com/news/crime/fraudsters-posing-as-edinburgh-sheriff-court-officials-in-bid-to-scam-money-3429340

The build-to-rent (BTR) sector has seen a 364% rise in fraudulent tenant applications in the past six months, according to data from tenant due diligence and guarantee firm, Homeppl.

https://www.mortgageintroducer.com/fraudulent-btr-tenant-applications-364/

Homebuyers are being warned about a spike in scams which have seen victims defrauded out of hundreds of thousands of pounds.

https://www.scottishlegal.com/article/england-fraud-warning-after-homebuyer-conned-out-of-640-000

Home buyers are being warned about a spike in scams that have seen victims defrauded out of hundreds of thousands of pounds.

https://www.deeside.com/fraud-warning-issued-which-has-seen-house-buyers-lose-millions/

A growing scam which targets house buyers has left victims hundreds of thousands of pounds out of pocket.

https://metro.co.uk/2021/10/25/warning-after-home-buyers-tricked-into-giving-scammers-up-to-640000-15479952/?ito=article.amp.share.top.twitter

Home buyers are being warned about a spike in scams which have left victims defrauded out of hundreds of thousands of pounds.

https://uk.finance.yahoo.com/news/criminals-targeting-home-buyers-steal-230100680.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr&guccounter=1&guce_referrer=aHR0cHM6Ly90LmNvLw&guce_referrer_sig=AQAAAEeakPy27U1KFa8YGb4vG1NfJXXZl1Z5yvC06QV5UA6_DltFN4rtXcZR0kIGTsrJe2IiGIqnM83PVToZIaYZJEbFNfiCfkBQp_P-COwUOCM1Vddff4ZnCWqLZcUMLFJn7e3sYViddsdu7vKX9VQ917Icgyomv9bcFiq2zgdDIcZk

With many people taking the October half term as the first opportunity to holiday abroad since travel was halted by Covid-19 restrictions last March, the City of London Police is reminding the public that fraudulent travel insurance claims are a punishable offence.

https://www.cityoflondon.police.uk/news/city-of-london/news/2021/october/sun-sea--scam-city-of-london-police-reminds-people-that-travel-insurance-fraud-does-not-pay-as-more-take-holidays-abroad/